The U.S. Large Cap Value Series
SCHEDULE OF INVESTMENTS
January 31, 2026
(Unaudited)
 
 
 
Shares
Value
COMMON STOCKS — (98.0%)
COMMUNICATION SERVICES — (5.1%)
 
AT&T, Inc.
12,398,869
$324,974,357
# *
Charter
Communications,
Inc., Class A
340,595
70,203,442
 
Comcast Corp.,
Class A
6,306,064
187,605,404
 
Electronic Arts, Inc.
791,589
161,420,829
 
Fox Corp. (FOX US),
Class B
422,883
27,728,438
#
Fox Corp. (FOXA US),
Class A
1,001,658
72,900,669
*
GCI Liberty, Inc.
(GLBKV US),
Class C
2,991
110,637
*
GCI Liberty, Inc.
(GLIBA US),
Class A
3,699
138,602
*
Liberty Broadband
Corp. (LBRDA US),
Class A
11,811
567,164
*
Liberty Broadband
Corp. (LBRDK US),
Class C
14,958
719,629
*
Liberty Media
Corp.-Liberty
Formula One
(FWONA US),
Class A
39,281
3,130,303
# *
Liberty Media
Corp.-Liberty
Formula One
(FWONK US),
Class C
233,585
20,326,567
#
News Corp. (NWS
US), Class B
28,956
900,532
 
News Corp. (NWSA
US), Class A
510,299
13,793,382
 
Omnicom Group, Inc.
213,879
16,477,238
*
Pinterest, Inc., Class A
126,654
2,802,853
*
Take-Two Interactive
Software, Inc.
1
220
 
T-Mobile U.S., Inc.
780,597
153,941,534
 
Verizon
Communications,
Inc.
6,060,362
269,807,316
*
Versant Media Group,
Inc.
252,242
8,218,044
 
Walt Disney Co.
853,941
96,324,545
 
 
 
Shares
Value†
COMMUNICATION SERVICES — (Continued)
# *
Warner Bros
Discovery, Inc.
1,889,415
$52,034,489
TOTAL COMMUNICATION
SERVICES
1,484,126,194
CONSUMER DISCRETIONARY — (4.3%)
*
Amazon.com, Inc.
257,971
61,732,460
*
Aptiv PLC
422,939
32,037,629
 
Aramark
418,174
16,095,517
 
Autoliv, Inc.
113,074
13,709,092
 
Best Buy Co., Inc.
19,188
1,249,139
 
BorgWarner, Inc.
158,149
7,497,844
*
Carnival Corp.
3,646,063
109,454,811
*
Deckers Outdoor
Corp.
64
7,638
 
Dick's Sporting Goods,
Inc.
73,262
14,798,924
 
DR Horton, Inc.
689,267
102,590,500
*
Flutter Entertainment
PLC
165,600
27,348,840
 
Ford Motor Co.
13,209,002
183,340,948
 
Garmin Ltd.
312,637
63,040,125
 
General Motors Co.
3,735,849
313,811,316
 
Gentex Corp.
245,667
5,652,798
 
Genuine Parts Co.
383,763
53,339,219
#
Hyatt Hotels Corp.,
Class A
22,222
3,474,854
 
Lennar Corp. (LEN
US), Class A
432,537
47,297,921
 
Lennar Corp. (LENB
US), Class B
15,338
1,553,126
*
Liberty Live Holdings,
Inc., Class A
655
52,688
 
LKQ Corp.
14,616
480,136
*
Lululemon Athletica,
Inc.
241,698
42,176,301
# *
MGM Resorts
International
333,859
11,197,631
*
NVR, Inc.
5,811
44,371,227
 
Penske Automotive
Group, Inc.
65,718
10,303,925
 
PulteGroup, Inc.
663,387
82,983,080
*
Rivian Automotive,
Inc., Class A
5,381
79,370
 
Somnigroup
International, Inc.
128,300
11,271,155
*
TopBuild Corp.
2,463
1,152,807
TOTAL CONSUMER
DISCRETIONARY
1,262,101,021

The U.S. Large Cap Value Series
CONTINUED
 
 
 
Shares
Value†
CONSUMER STAPLES — (4.1%)
 
Albertsons Cos., Inc.,
Class A
6,496
$108,158
 
Archer-Daniels-Midland
Co.
799,300
53,800,883
 
Bunge Global SA
365,951
41,674,500
 
Casey's General
Stores, Inc.
93,462
56,684,703
 
Church & Dwight Co.,
Inc.
391,031
37,636,734
 
Constellation Brands,
Inc., Class A
456,350
71,510,045
#
Dollar General Corp.
576,534
82,692,272
# *
Dollar Tree, Inc.
445,389
52,373,292
 
General Mills, Inc.
1,521,399
70,379,918
 
J.M. Smucker Co.
135,541
14,212,829
 
Kenvue, Inc.
5,466,079
95,109,775
 
Keurig Dr. Pepper, Inc.
1,292,556
35,467,737
#
Kraft Heinz Co.
1,122,309
26,643,616
 
Kroger Co.
2,303,017
144,744,618
 
McCormick & Co., Inc.
(MKC US)
292,238
18,069,075
 
Mondelez International,
Inc., Class A
1,752,049
102,442,305
*
Performance Food
Group Co.
56,257
5,369,731
 
Procter & Gamble Co.
845,159
128,269,781
#
Target Corp.
882,070
93,031,923
 
Tyson Foods, Inc.,
Class A
321,109
20,978,051
*
U.S. Foods Holding
Corp.
453,381
37,911,719
TOTAL CONSUMER
STAPLES
1,189,111,665
ENERGY — (12.8%)
 
Baker Hughes Co.
3,609,986
202,303,616
 
Cheniere Energy, Inc.
44,647
9,443,734
 
Chevron Corp.
4,138,886
732,168,933
 
ConocoPhillips
2,677,553
279,081,349
 
Coterra Energy, Inc.
2,166,592
62,506,179
 
Devon Energy Corp.
1,787,820
71,888,242
 
Diamondback Energy,
Inc.
563,677
92,414,844
 
EOG Resources, Inc.
1,771,439
198,631,455
 
EQT Corp.
1,033,821
59,682,486
 
Expand Energy Corp.
99,845
11,223,577
 
Exxon Mobil Corp.
5,628,204
795,828,046
 
Halliburton Co.
864,413
28,975,124
 
Kinder Morgan, Inc.
5,924,552
180,639,591
 
Marathon Petroleum
Corp.
1,023,081
180,256,641
 
Occidental Petroleum
Corp.
3,005,872
136,436,530
 
ONEOK, Inc.
1,388,041
109,918,967
 
Ovintiv, Inc.
9,098
395,490
 
Permian Resources
Corp.
1,479
23,856
 
 
 
Shares
Value†
ENERGY — (Continued)
 
Phillips 66
482,271
$69,234,825
 
SLB Ltd.
4,746,003
229,611,625
 
TechnipFMC PLC
176,035
9,808,670
 
Valero Energy Corp.
370,019
67,132,547
 
Williams Cos., Inc.
2,867,326
192,856,347
TOTAL ENERGY
3,720,462,674
FINANCIALS — (22.6%)
 
Aflac, Inc.
1,033,067
114,618,784
 
Allstate Corp.
742,245
147,699,333
 
Ally Financial, Inc.
158,292
6,692,586
 
American International
Group, Inc.
1,290,676
96,645,819
*
Arch Capital Group
Ltd.
808,566
77,654,679
 
Bank of America Corp.
4,067,188
216,374,402
 
Bank of New York
Mellon Corp.
956,495
114,702,880
*
Berkshire Hathaway,
Inc., Class B
1,086,730
522,206,367
 
Blackrock, Inc.
43,496
48,669,414
*
Block, Inc.
296,715
17,930,487
 
BOK Financial Corp.
6,114
794,453
 
Capital One Financial
Corp.
628,863
137,676,977
 
Carlyle Group, Inc.
31,843
1,871,732
 
Charles Schwab Corp.
402,246
41,801,404
 
Chubb Ltd.
435,632
134,854,242
 
Cincinnati Financial
Corp.
104,874
16,873,178
 
Citigroup, Inc.
1,034,843
119,741,683
 
Citizens Financial
Group, Inc.
645,174
40,633,058
 
CME Group, Inc.
85,300
24,656,818
 
Corebridge Financial,
Inc.
144,154
4,444,268
 
Everest Group Ltd.
4,472
1,481,484
 
F&G Annuities & Life,
Inc.
17,307
510,383
 
Fidelity National
Financial, Inc.
287,817
15,654,367
 
Fidelity National
Information Services,
Inc.
1,819,611
100,533,508
 
Fifth Third Bancorp
2,268,007
113,899,311
 
First Citizens
BancShares, Inc.,
Class A
15,733
32,560,545
*
Fiserv, Inc.
622,552
39,675,239
 
Franklin Resources,
Inc.
8,604
229,038
 
Global Payments, Inc.
224,644
16,115,961
 
Goldman Sachs
Group, Inc.
409,881
383,406,786
 
Hartford Insurance
Group, Inc.
975,111
131,698,492

The U.S. Large Cap Value Series
CONTINUED
 
 
 
Shares
Value†
FINANCIALS — (Continued)
 
Huntington
Bancshares, Inc.
3,956,669
$69,162,574
 
Intercontinental
Exchange, Inc.
212,071
36,853,698
 
Jefferies Financial
Group, Inc.
40,953
2,505,504
 
JPMorgan Chase &
Co.
4,124,905
1,261,767,190
 
KeyCorp
2,313,801
49,792,997
 
Loews Corp.
239,787
25,314,314
#
M&T Bank Corp.
334,193
74,047,143
*
Markel Group, Inc.
20,524
41,882,095
 
MetLife, Inc.
2,052,753
161,921,157
 
Morgan Stanley
1,352,277
247,196,236
 
Nasdaq, Inc.
31,395
3,041,862
 
Northern Trust Corp.
410,588
61,354,165
 
Old Republic
International Corp.
17,558
687,747
 
PayPal Holdings, Inc.
3,033,264
159,822,680
 
PNC Financial
Services Group, Inc.
317,484
70,894,177
 
Principal Financial
Group, Inc.
1,310,318
124,113,321
 
Progressive Corp.
100
20,800
 
Prudential Financial,
Inc.
813,831
90,424,762
 
Raymond James
Financial, Inc.
479,715
79,565,530
 
Regions Financial
Corp.
1,031,517
29,398,234
 
Reinsurance Group of
America, Inc.,
Class A
32,716
6,633,169
 
RenaissanceRe
Holdings Ltd.
10,134
2,854,748
 
State Street Corp.
691,046
90,430,280
 
Synchrony Financial
1,249,852
90,776,751
#
T. Rowe Price Group,
Inc.
291,092
30,762,603
 
Travelers Cos., Inc.
774,066
220,229,518
 
Truist Financial Corp.
2,319,292
119,257,995
 
U.S. Bancorp
2,720,680
152,657,355
 
Unum Group
46,438
3,527,895
#
W.R. Berkley Corp.
460,813
31,602,555
 
Wells Fargo & Co.
5,720,328
517,632,390
 
Willis Towers Watson
PLC
73,392
23,299,758
TOTAL FINANCIALS
6,601,738,881
HEALTH CARE — (15.1%)
 
Abbott Laboratories
2,013,630
220,089,759
 
Agilent Technologies,
Inc.
440,948
59,020,890
 
Becton Dickinson &
Co.
655,328
133,346,141
*
Biogen, Inc.
139,082
25,019,461
*
Boston Scientific Corp.
847,403
79,257,603
 
 
 
Shares
Value†
HEALTH CARE — (Continued)
 
Bristol-Myers Squibb
Co.
3,238,811
$178,296,546
*
Centene Corp.
243,616
10,553,445
*
Charles River
Laboratories
International, Inc.
2,213
465,792
 
Cigna Group
514,996
141,165,554
*
Cooper Cos., Inc.
36
2,930
 
CVS Health Corp.
1,468,379
109,423,603
 
Danaher Corp.
361,302
79,085,395
*
Edwards Lifesciences
Corp.
954,526
77,660,235
#
Elevance Health, Inc.
257,069
88,879,036
*
Fortrea Holdings, Inc.
41,083
690,605
*
GE HealthCare
Technologies, Inc.
1,422,310
112,319,821
 
Gilead Sciences, Inc.
986,448
140,026,294
*
Henry Schein, Inc.
90,638
6,841,356
*
Hologic, Inc.
167,836
12,575,951
 
Humana, Inc.
263,462
51,427,782
*
Incyte Corp.
350,140
35,038,510
*
IQVIA Holdings, Inc.
279,215
64,261,332
 
Johnson & Johnson
3,881,281
882,021,107
 
Labcorp Holdings, Inc.
450,068
122,202,463
 
Medtronic PLC
2,021,760
208,160,410
 
Merck & Co., Inc.
961,255
105,997,589
*
Neurocrine
Biosciences, Inc.
9,158
1,246,037
 
Pfizer, Inc.
8,342,425
220,573,717
#
Quest Diagnostics,
Inc.
590,698
110,478,247
 
Regeneron
Pharmaceuticals,
Inc.
117,321
86,987,655
#
ResMed, Inc.
141,273
36,492,229
#
Revvity, Inc.
50,487
5,492,986
 
Royalty Pharma PLC,
Class A
183,557
7,650,656
 
STERIS PLC
227,712
59,797,171
 
Stryker Corp.
151,202
55,878,211
*
Tenet Healthcare
Corp.
223,843
42,369,003
 
Thermo Fisher
Scientific, Inc.
425,328
246,099,034
*
United Therapeutics
Corp.
62,442
29,315,895
 
UnitedHealth Group,
Inc.
1,479,710
424,573,190
 
Universal Health
Services, Inc.,
Class B
87,938
17,698,402
*
Vertex
Pharmaceuticals,
Inc.
130,052
61,111,435
 
Viatris, Inc.
606,093
7,933,757
 
West Pharmaceutical
Services, Inc.
45,288
10,466,963

The U.S. Large Cap Value Series
CONTINUED
 
 
 
Shares
Value†
HEALTH CARE — (Continued)
#
Zimmer Biomet
Holdings, Inc.
371,707
$32,364,528
TOTAL HEALTH CARE
4,400,358,726
INDUSTRIALS — (14.4%)
 
AECOM
5,882
567,201
#
AeroVironment, Inc.
0
0
*
Amentum Holdings,
Inc.
4,494
160,795
 
AMETEK, Inc.
533,970
119,598,601
*
Builders FirstSource,
Inc.
127,971
14,639,882
 
Carlisle Cos., Inc.
1,130
385,206
 
Carrier Global Corp.
1,598,678
95,249,235
*
Copart, Inc.
1,258,806
51,082,347
 
CSX Corp.
6,106,417
230,578,306
 
Cummins, Inc.
466,769
270,175,233
 
Deere & Co.
479,670
253,265,760
 
Delta Air Lines, Inc.
2,785,685
183,548,785
 
Dover Corp.
309,454
62,351,886
 
Emerson Electric Co.
1,088,472
159,961,845
 
Equifax, Inc.
174,565
35,157,391
 
FedEx Corp.
761,554
245,410,777
 
Fortive Corp.
184,127
9,723,747
 
Fortune Brands
Innovations, Inc.
152,460
8,248,086
 
General Dynamics
Corp.
472,813
165,999,916
 
Howmet Aerospace,
Inc.
1
208
 
Hubbell, Inc.
45,598
22,249,088
 
IDEX Corp.
257
51,027
#
Ingersoll Rand, Inc.
459,412
39,550,779
 
Jacobs Solutions, Inc.
127,020
17,180,725
 
JB Hunt Transport
Services, Inc.
38,684
7,842,020
 
Johnson Controls
International PLC
342,764
40,878,035
 
L3Harris Technologies,
Inc.
443,494
152,051,918
 
Leidos Holdings, Inc.
444,939
83,773,115
 
ManpowerGroup, Inc.
2,008
72,951
*
MasTec, Inc.
26,730
6,428,030
 
Nordson Corp.
23
6,314
 
Norfolk Southern
Corp.
741,835
216,052,025
 
Northrop Grumman
Corp.
291,481
201,780,637
 
nVent Electric PLC
47,353
5,315,848
 
Old Dominion Freight
Line, Inc.
45,746
7,923,207
 
Oshkosh Corp.
2,394
344,305
 
Otis Worldwide Corp.
231,037
19,735,181
 
Owens Corning
113,164
13,561,574
 
PACCAR, Inc.
1,407,239
172,963,746
 
Parker-Hannifin Corp.
90,836
85,007,962
 
Pentair PLC
542,545
57,167,967
 
Regal Rexnord Corp.
1,060
171,190
 
 
 
Shares
Value†
INDUSTRIALS — (Continued)
 
Republic Services,
Inc.
430,611
$92,620,120
 
RTX Corp.
1,972,535
396,341,458
#
Snap-on, Inc.
278,840
102,086,112
#
Southwest Airlines Co.
628,885
29,884,615
 
SS&C Technologies
Holdings, Inc.
630,770
51,653,755
 
Stanley Black &
Decker, Inc.
105,629
8,308,777
 
Textron, Inc.
184,795
16,273,048
#
TransUnion
207,854
16,424,623
*
Uber Technologies,
Inc.
70,517
5,644,886
*
U-Haul Holding Co.
(UHAL US)
9,000
508,950
 
U-Haul Holding Co.
(UHAL/B US)
411,843
21,131,664
*
United Airlines
Holdings, Inc.
1,141,497
116,797,973
 
United Parcel Service,
Inc., Class B
287,908
30,581,588
 
United Rentals, Inc.
156,411
122,322,787
 
Westinghouse Air
Brake Technologies
Corp.
395,247
90,962,145
 
Xylem, Inc.
325,860
44,926,318
TOTAL INDUSTRIALS
4,202,681,670
INFORMATION TECHNOLOGY — (12.9%)
#
Accenture PLC,
Class A
512,890
135,218,320
*
Advanced Micro
Devices, Inc.
440,280
104,227,484
 
Amdocs Ltd.
259,502
21,263,594
 
Analog Devices, Inc.
573,276
178,220,043
 
Cisco Systems, Inc.
7,843,368
614,292,582
 
Cognizant Technology
Solutions Corp.,
Class A
1,466,757
120,362,079
*
Coherent Corp.
18,963
4,023,569
 
Corning, Inc.
1,095,782
113,139,492
*
F5, Inc.
31,227
8,606,473
*
First Solar, Inc.
243,212
54,849,170
# *
Flex Ltd.
977,680
61,632,947
*
GLOBALFOUNDRIES,
Inc.
246,437
10,399,641
#
Hewlett Packard
Enterprise Co.
4,307,630
92,700,198
 
HP, Inc.
317,872
6,179,432
*
Intel Corp.
2,499,131
116,134,618
*
Keysight Technologies,
Inc.
273,977
59,269,444
 
Marvell Technology,
Inc.
798,675
63,031,431
 
Micron Technology,
Inc.
1,911,377
792,992,090

The U.S. Large Cap Value Series
CONTINUED
 
 
 
Shares
Value†
INFORMATION TECHNOLOGY — (Continued)
 
NXP Semiconductors
NV
624,733
$141,277,121
*
Okta, Inc.
31,252
2,640,169
*
ON Semiconductor
Corp.
382,088
22,883,250
*
PTC, Inc.
1,050
163,937
 
Qnity Electronics, Inc.
235,243
22,625,672
*
Qorvo, Inc.
56,258
4,394,312
 
QUALCOMM, Inc.
1,000,719
151,698,993
 
Ralliant Corp.
162,226
8,593,111
 
Roper Technologies,
Inc.
86,628
32,158,912
 
Salesforce, Inc.
902,585
191,609,770
*
Sandisk Corp.
221,962
127,905,602
# *
Super Micro Computer,
Inc.
648,796
18,886,452
 
TD SYNNEX Corp.
53,561
8,498,524
 
TE Connectivity PLC
1,024,738
228,291,132
*
Teledyne Technologies,
Inc.
63,273
39,248,242
*
Trimble, Inc.
302,052
20,418,715
*
Twilio, Inc., Class A
126,491
15,237,106
#
Western Digital Corp.
569,435
142,489,720
*
Zebra Technologies
Corp., Class A
5,729
1,346,200
*
Zoom
Communications,
Inc.
322,219
29,676,370
TOTAL INFORMATION
TECHNOLOGY
3,766,585,917
MATERIALS — (6.2%)
#
Air Products &
Chemicals, Inc.
450,992
122,895,320
#
Albemarle Corp.
41,730
7,120,390
 
Amcor PLC
438,034
19,383,004
 
CF Industries Holdings,
Inc.
206,254
19,229,060
 
Corteva, Inc.
789,571
57,480,769
 
CRH PLC (CRHCF
US)
1,624,457
198,849,781
 
Crown Holdings, Inc.
16,342
1,710,681
 
DuPont de Nemours,
Inc.
470,486
20,663,745
 
Freeport-McMoRan,
Inc.
4,570,064
275,254,955
 
International Flavors &
Fragrances, Inc.
3,699
258,227
#
International Paper
Co.
500,380
20,175,322
 
Linde PLC
684,728
312,900,154
 
Martin Marietta
Materials, Inc.
139,429
90,900,737
 
Newmont Corp.
1,913,125
214,939,594
 
 
 
Shares
Value†
MATERIALS — (Continued)
 
Nucor Corp.
529,451
$94,094,032
 
Packaging Corp. of
America
287,417
63,964,653
 
PPG Industries, Inc.
639,425
73,936,713
 
Reliance, Inc.
45,838
15,103,621
 
Smurfit WestRock
PLC
732,183
30,480,778
 
Steel Dynamics, Inc.
340,340
61,114,854
 
Vulcan Materials Co.
350,819
105,435,142
#
Westlake Corp.
129,588
10,278,920
TOTAL MATERIALS
1,816,170,452
REAL ESTATE — (0.5%)
*
CBRE Group, Inc.,
Class A
592,444
100,910,987
*
CoStar Group, Inc.
263,971
16,234,216
*
Jones Lang LaSalle,
Inc.
36,824
13,179,678
*
Zillow Group, Inc. (Z
US), Class C
83,091
5,237,226
*
Zillow Group, Inc. (ZG
US), Class A
28,234
1,757,284
TOTAL REAL ESTATE
137,319,391
TOTAL COMMON
STOCKS
Cost ($17,668,945,644)
28,580,656,591
 
 
 
 
 
TEMPORARY CASH INVESTMENTS — (0.9%)
Ɏ
State Street
Institutional
U.S. Government
Money Market Fund
3.720%
268,604,968
268,604,968
SECURITIES LENDING COLLATERAL — (1.1%)
@ §
The DFA Short Term
Investment Fund
27,222,757
314,885,636
TOTAL INVESTMENTS — (100.0%)
(Cost
$18,252,436,248)^^
$29,164,147,195
See Security Valuation Note within the Notes to Schedules
of Investments.
#
Total or Partial Securities on Loan.
*
Non-Income Producing Securities.
Ɏ
Represents 7 Day subsidized yield as of 1/31/26.
@
Security purchased with cash collateral received from
Securities on Loan.
§
Affiliated Fund.
^^
See Federal Tax Cost Note within the Notes to Schedules
of Investments.

The U.S. Large Cap Value Series
CONTINUED
As of January 31, 2026, The U.S. Large Cap Value Series had entered into the following outstanding futures contracts:
Description
Number of
Contracts
Expiration
Date
Notional
Value
Market
Value
Unrealized
Appreciation
(Depreciation)
Long Position Contracts:
 
S&P 500® Emini Index
628
03/20/26
$218,752,614
$218,724,550
$(28,064
)
Total Futures Contracts
 
$218,752,614
$218,724,550
$(28,064
)
Summary of the Series' investments as of January 31, 2026, based on their valuation inputs, is as follows (see Security Valuation Note):
 
Investments in Securities (Market Value)
 
Level 1
Level 2
Level 3
Total
Assets
Common Stocks
Communication Services
$1,484,126,194
$1,484,126,194
Consumer Discretionary
1,262,101,021
1,262,101,021
Consumer Staples
1,189,111,665
1,189,111,665
Energy
3,720,462,674
3,720,462,674
Financials
6,601,738,881
6,601,738,881
Health Care
4,400,358,726
4,400,358,726
Industrials
4,202,681,670
4,202,681,670
Information Technology
3,766,585,917
3,766,585,917
Materials
1,816,170,452
1,816,170,452
Real Estate
137,319,391
137,319,391
Temporary Cash Investments
268,604,968
268,604,968
Securities Lending Collateral
$314,885,636
314,885,636
Total Investments in Securities
$28,849,261,559
$314,885,636
$29,164,147,195
Financial Instruments
Liabilities
Futures Contracts**
(28,064)
(28,064)
Total Financial Instruments
$(28,064)
$(28,064)
** Valued at the unrealized appreciation/(depreciation) on the investment.

The DFA International Value Series
SCHEDULE OF INVESTMENTS
January 31, 2026
(Unaudited)
 
 
 
Shares
Value»
COMMON STOCKS — (96.2%)
AUSTRALIA — (5.5%)
 
Ansell Ltd.
19,794
$448,773
 
ANZ Group Holdings
Ltd.
3,810,693
96,945,306
 
Aurizon Holdings
Ltd.
1,906,788
4,877,515
 
Bendigo & Adelaide
Bank Ltd.
681,239
5,187,498
#
BlueScope Steel Ltd.
2,726,750
56,910,162
 
Challenger Ltd.
914,542
5,825,121
 
Cleanaway Waste
Management Ltd.
1,393,839
2,389,101
 
Dyno Nobel Ltd.
4,245,410
10,339,653
#
Endeavour Group
Ltd.
1,835,139
4,714,374
 
Evolution Mining Ltd.
4,645,105
44,607,999
 
Fortescue Ltd.
2,565,821
37,155,307
 
Harvey Norman
Holdings Ltd.
2,588,440
11,631,707
 
National Australia
Bank Ltd.
4,499,323
135,156,992
 
Northern Star
Resources Ltd.
1,216,186
22,357,511
 
Orica Ltd.
1,865,299
33,228,811
 
Origin Energy Ltd.
3,452,895
28,318,270
 
Perseus Mining Ltd.
737,041
2,838,709
 
QBE Insurance
Group Ltd.
2,227,881
30,534,832
#
Ramsay Health Care
Ltd.
30,428
767,570
#
Rio Tinto Ltd.
780,706
81,337,668
*
Sandfire Resources
Ltd.
298,378
4,048,701
 
Santos Ltd.
11,047,548
53,876,109
 
Sonic Healthcare
Ltd.
1,133,632
18,128,835
 
South32 Ltd. (S32
AU)
9,713,908
30,772,369
 
Suncorp Group Ltd.
2,725,857
32,088,607
 
TPG Telecom Ltd.
315,562
851,249
#
Westpac Banking
Corp.
5,237,352
140,722,902
 
Whitehaven Coal
Ltd.
3,239,434
19,791,799
 
Woodside Energy
Group Ltd. (WDS
AU)
2,317,961
40,927,064
 
Worley Ltd.
893,658
8,312,374
#
Yancoal Australia
Ltd.
1,320,433
5,285,507
TOTAL AUSTRALIA
970,378,395
 
 
 
Shares
Value»
AUSTRIA — (0.2%)
 
Erste Group Bank
AG
138,521
$18,008,963
 
OMV AG
240,384
14,280,667
TOTAL AUSTRIA
32,289,630
BELGIUM — (0.9%)
 
Ageas SA
487,329
34,615,158
 
Anheuser-Busch
InBev SA (ABI BB)
777,993
56,002,276
#
CMB Tech NV
105,574
1,391,587
 
KBC Group NV
456,079
64,268,606
 
Syensqo SA
11,407
960,056
TOTAL BELGIUM
157,237,683
CANADA — (11.6%)
 
Agnico Eagle Mines
Ltd. (AEM US)
5
953
 
AltaGas Ltd.
450,341
13,583,156
 
ARC Resources Ltd.
450,896
8,367,893
 
Bank of Montreal
(BMO CN)
1,808
246,134
#
Bank of Montreal
(BMO US)
1,308,032
178,088,557
 
Bank of Nova Scotia
(BNS CN)
503,391
37,634,637
 
Bank of Nova Scotia
(BNS US)
1,310,049
97,886,861
 
Barrick Mining Corp.
(B US)
6,171,672
282,600,861
 
Brookfield Wealth
Solutions Ltd.
5,631
256,943
#
Canadian Imperial
Bank of Commerce
(CM CN)
1,212,571
112,062,523
#
Canadian Imperial
Bank of Commerce
(CM US)
429,637
39,694,162
 
Canadian Pacific
Kansas City Ltd.
(CP CN)
41,072
3,053,140
 
Canadian Pacific
Kansas City Ltd.
(CP US)
289,300
21,506,562
#
Canadian Tire Corp.
Ltd., Class A
45,387
5,583,836
 
Cenovus Energy, Inc.
(CVE CN)
201,738
3,980,979
#
Cenovus Energy, Inc.
(CVE US)
3,678,868
72,547,277
*
Equinox Gold Corp.
(EQX CN)
179,100
2,562,236

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
CANADA — (Continued)
# *
Equinox Gold Corp.
(EQX US)
41,500
$593,450
 
Fairfax Financial
Holdings Ltd.
55,753
92,009,135
*
First Quantum
Minerals Ltd.
1,335,542
37,751,995
 
iA Financial Corp.,
Inc.
326,753
40,149,116
 
IGM Financial, Inc.
87,856
4,249,400
 
Imperial Oil Ltd. (IMO
US)
509
51,536
 
Kinross Gold Corp.
(K CN)
3,211,714
101,140,746
 
Kinross Gold Corp.
(KGC US)
312,773
9,871,116
 
Lundin Mining Corp.
1,494,240
37,694,814
 
Magna International,
Inc. (MGA US)
297,848
15,231,947
 
Manulife Financial
Corp. (MFC CN)
450,447
17,159,098
#
Manulife Financial
Corp. (MFC US)
2,517,875
95,956,216
 
Nutrien Ltd. (NTR
US)
1,766,865
121,719,316
 
Pan American Silver
Corp. (PAAS US)
385,484
21,047,426
 
Pembina Pipeline
Corp. (PBA US)
299,755
12,463,813
#
Pembina Pipeline
Corp. (PPL CN)
68,815
2,859,437
 
Rogers
Communications,
Inc. (RCI US),
Class B
3,219
121,710
 
Saputo, Inc.
34
1,026
 
Suncor Energy, Inc.
(SU CN)
840,913
44,446,475
 
Suncor Energy, Inc.
(SU US)
2,343,254
124,122,164
 
Teck Resources Ltd.
(TECK US),
Class B
1,715,498
92,225,173
 
Teck Resources Ltd.
(TECKB CN),
Class B
83
4,455
 
Toronto-Dominion
Bank (TD CN)
236,175
22,072,949
#
Toronto-Dominion
Bank (TD US)
2,264,467
211,705,020
 
Tourmaline Oil Corp.
1,579,482
74,748,886
 
West Fraser Timber
Co. Ltd. (WFG
CN)
21,700
1,481,940
 
Whitecap Resources,
Inc. WCP CN
710,299
6,478,841
TOTAL CANADA
2,067,013,910
 
 
 
Shares
Value»
DENMARK — (1.9%)
#
AP Moller - Maersk
AS (MAERSKA
DC), Class A
6,529
$16,010,206
#
AP Moller - Maersk
AS (MAERSKB
DC), Class B
9,401
23,246,084
#
Carlsberg AS,
Class B
291,587
39,641,001
 
Danske Bank AS
945,349
48,163,669
# *
Demant AS
97,613
3,416,785
 
DSV AS
390,713
109,862,596
*
Genmab AS (GMAB
DC)
61,585
20,063,499
#
Novonesis
Novozymes B,
Class B
925,882
56,732,078
 
Pandora AS
10,693
865,530
 
Rockwool AS
ROCKB DC,
Class B
31,878
1,076,519
#
Tryg AS
598,961
14,556,554
 
Vestas Wind Systems
AS
403,888
12,242,404
TOTAL DENMARK
345,876,925
FINLAND — (0.7%)
#
Nokia OYJ (NOK
US), Sponsored
ADR
1,331,054
8,558,677
 
Nokia OYJ (NOKIA
FH)
10,634,499
68,495,836
 
Nordea Bank Abp
(NDA FH)
4,019
77,649
 
Nordea Bank Abp
(NDA SS)
1,599,631
30,864,858
#
UPM-Kymmene OYJ
308,637
8,514,716
TOTAL FINLAND
116,511,736
FRANCE — (9.5%)
*
Alstom SA
128,122
4,090,728
Ω
Amundi SA
67,754
6,023,948
 
BNP Paribas SA
1,245,833
134,714,934
 
Bollore SE
1,793,750
10,226,926
 
Bouygues SA
917,705
49,605,434
 
Capgemini SE
100,777
15,658,534
 
Carrefour SA
284,016
4,651,946
 
Cie de Saint-Gobain
SA
1,628,883
160,779,639
 
Cie Generale des
Etablissements
Michelin SCA
2,685,418
99,724,674
 
Credit Agricole SA
1,088,951
23,582,783
 
Eiffage SA
284,086
42,132,028
 
Engie SA
6,255,134
186,755,824
 
Kering SA
11,625
3,629,065

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
FRANCE — (Continued)
 
Orange SA (ORA
FP)
7,133,543
$132,612,679
 
Pernod Ricard SA
218,143
19,505,614
 
Publicis Groupe SA
(PUB FP)
330,272
33,010,111
 
Renault SA
674,797
25,466,410
 
Rexel SA
489,711
20,521,616
 
Sanofi SA (SAN FP)
1,116,059
105,270,748
 
Societe Generale SA
2,007,247
175,893,920
#
STMicroelectronics
NV (STM US)
309,897
8,643,027
 
TotalEnergies SE
(TTE FP)
5,829,143
423,945,914
TOTAL FRANCE
1,686,446,502
GERMANY — (7.7%)
*
Aumovio SE
177,677
8,525,665
#
BASF SE
2,934,381
159,084,394
 
Bayer AG
1,709,517
90,419,164
 
Bayerische Motoren
Werke AG
725,332
74,694,889
 
Commerzbank AG
2,583,285
106,185,134
 
Continental AG
345,236
27,166,357
 
Daimler Truck
Holding AG
1,908,515
92,408,261
 
Deutsche Bank AG
(DB US)
1,042,151
40,873,162
 
Deutsche Bank AG
(DBK GR)
2,533,328
99,967,879
 
Deutsche Lufthansa
AG
524,114
5,399,142
 
Deutsche Post AG
1,994,487
111,548,606
 
Deutsche Telekom
AG (DTE GR)
637,805
21,403,622
Ω
DWS Group GmbH &
Co. KGaA
36,632
2,681,979
 
E.ON SE
4,815,808
102,142,489
#
Fresenius Medical
Care AG (FME
GR)
264,506
11,907,788
 
Fresenius SE & Co.
KGaA
565,563
31,636,318
# Ω
Hapag-Lloyd AG
7,279
1,045,711
 
Heidelberg Materials
AG
492,655
134,923,713
 
Henkel AG & Co.
KGaA
147,291
12,158,741
#
Mercedes-Benz
Group AG
2,103,162
143,738,941
#
Merck KGaA
64,584
9,622,543
 
Muenchener
Rueckversicherungs-Gesellschaft
AG in Muenchen
6,745
4,087,985
 
RWE AG
956,880
60,765,569
*
Talanx AG
61,585
7,767,756
 
 
 
Shares
Value»
GERMANY — (Continued)
 
Volkswagen AG
53,498
$6,492,937
TOTAL GERMANY
1,366,648,745
HONG KONG — (1.2%)
 
BOC Hong Kong
Holdings Ltd.
7,678,000
40,432,256
# Ω
Budweiser Brewing
Co. APAC Ltd.
2,246,100
2,214,589
 
Cathay Pacific
Airways Ltd.
7,060,999
11,071,046
 
CK Asset Holdings
Ltd.
1,259,303
7,377,171
 
CK Hutchison
Holdings Ltd.
3,694,984
29,793,765
 
CK Infrastructure
Holdings Ltd.
239,000
1,962,967
 
Galaxy Entertainment
Group Ltd.
2,518,000
12,793,360
 
Hang Lung
Properties Ltd.
52,000
62,747
#
Henderson Land
Development Co.
Ltd.
760,485
3,024,918
 
HKT Trust & HKT
Ltd.
438,000
656,396
 
Hong Kong & China
Gas Co. Ltd.
3,073,000
2,894,301
#
MTR Corp. Ltd.
709,433
3,136,984
 
Sino Land Co. Ltd.
4,782,656
7,197,461
 
Sun Hung Kai
Properties Ltd.
1,853,420
29,763,862
#
Swire Pacific Ltd. (19
HK), Class A
1,088,500
10,503,904
 
Swire Pacific Ltd. (87
HK), Class B
2,692,500
4,371,392
Ω
WH Group Ltd.
34,638,196
40,876,379
#
Xinyi Glass Holdings
Ltd.
1,150,633
1,503,547
TOTAL HONG KONG
209,637,045
IRELAND — (0.2%)
 
AIB Group PLC
1,075,655
12,023,812
 
Bank of Ireland
Group PLC
1,531,862
31,123,533
TOTAL IRELAND
43,147,345
ISRAEL — (1.1%)
 
Ashtrom Group Ltd.
6,797
150,274
 
Bank Hapoalim BM
1,744,949
43,137,635
 
Bank Leumi Le-Israel
BM
2,824,004
67,887,162
 
Clal Insurance
Enterprises
Holdings Ltd.
232,209
16,887,879
 
Delek Group Ltd.
39,719
11,177,661
*
Equital Ltd.
2,843
133,061

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
ISRAEL — (Continued)
 
Harel Insurance
Investments &
Financial Services
Ltd.
345,286
$15,837,719
 
ICL Group Ltd.
236,736
1,285,440
 
Israel Discount Bank
Ltd., Class A
3,035,053
35,757,056
 
Migdal Insurance &
Financial Holdings
Ltd.
1,344,878
7,216,105
 
Phoenix Financial
Ltd.
45,853
2,225,597
TOTAL ISRAEL
201,695,589
ITALY — (1.8%)
 
Banco BPM SpA
2,118,518
31,755,129
 
Eni SpA (ENI IM)
5,909,771
120,790,441
 
Intesa Sanpaolo SpA
342,767
2,426,579
 
Stellantis NV (STLA
US)
208,034
2,053,296
 
Stellantis NV (STLAM
IM)
3,193,828
31,339,264
#
Tenaris SA (TS US),
ADR
322,197
14,273,327
 
UniCredit SpA
1,404,356
122,384,026
TOTAL ITALY
325,022,062
JAPAN — (20.8%)
 
Acom Co. Ltd.
377,600
1,249,113
 
AGC, Inc.
699,000
25,792,735
 
Air Water, Inc.
340,286
5,165,274
 
Aisin Corp.
1,850,200
33,146,335
 
Alfresa Holdings
Corp.
101,599
1,636,239
 
ALSOK Co. Ltd.
18,700
144,867
 
Amada Co. Ltd.
1,035,600
13,266,709
 
Asahi Group
Holdings Ltd.
4,587,343
48,024,210
 
Asahi Kasei Corp.
3,497,535
33,929,613
 
Bridgestone Corp.
1,650,600
37,162,033
 
Brother Industries
Ltd.
683,200
13,928,803
 
Canon Marketing
Japan, Inc.
139,900
6,103,642
 
Chiba Bank Ltd.
1,064,000
14,405,193
 
Coca-Cola Bottlers
Japan Holdings,
Inc.
195,213
4,354,554
 
COMSYS Holdings
Corp.
105,699
3,302,454
 
Cosmo Energy
Holdings Co. Ltd.
547,400
16,414,952
 
Credit Saison Co.
Ltd.
502,392
13,563,617
 
Dai Nippon Printing
Co. Ltd.
537,300
9,640,345
 
 
 
Shares
Value»
JAPAN — (Continued)
 
Dai-ichi Life Holdings,
Inc.
5,520,888
$48,551,477
 
Daiwa House
Industry Co. Ltd.
1,073,700
36,585,325
 
Daiwa Securities
Group, Inc.
1,687,888
16,447,426
 
Denso Corp.
2,565,100
35,590,152
 
Dentsu Group, Inc.
79,800
1,549,040
 
ENEOS Holdings,
Inc.
10,569,903
89,335,897
 
Fuji Media Holdings,
Inc.
108,300
2,727,128
 
FUJIFILM Holdings
Corp.
1,313,200
26,231,511
 
Fukuoka Financial
Group, Inc.
260,600
9,476,414
 
Fuyo General Lease
Co. Ltd.
23,400
658,053
 
Gunma Bank Ltd.
260,300
3,277,101
 
Hachijuni Nagano
Bank Ltd.
651,143
8,134,970
 
Hakuhodo DY
Holdings, Inc.
369,499
2,760,887
 
Hankyu Hanshin
Holdings, Inc.
595,100
16,616,999
 
Haseko Corp.
682,372
13,986,143
 
Hitachi Construction
Machinery Co.
Ltd.
324,999
10,627,139
 
Honda Motor Co. Ltd.
(7267 JP)
9,828,000
98,845,427
 
Hulic Co. Ltd.
108,100
1,288,218
 
Idemitsu Kosan Co.
Ltd.
3,113,310
26,417,245
 
Iida Group Holdings
Co. Ltd.
260,151
4,296,575
 
INFRONEER
Holdings, Inc.
50,600
757,866
 
Inpex Corp.
3,458,483
77,484,603
 
Isetan Mitsukoshi
Holdings Ltd.
80,200
1,287,095
 
Isuzu Motors Ltd.
1,884,400
30,357,315
 
Iwatani Corp.
137,200
1,627,328
 
Iyogin Holdings, Inc.
184,600
3,436,321
#
J Front Retailing Co.
Ltd.
828,217
12,091,224
 
Japan Airlines Co.
Ltd.
295,000
5,574,086
 
Japan Post Bank Co.
Ltd.
141,100
2,506,980
 
Japan Post Holdings
Co. Ltd.
582,410
7,008,030
 
Japan Post Insurance
Co. Ltd.
146,400
4,534,309
 
JFE Holdings, Inc.
1,169,460
15,744,648
 
JTEKT Corp.
178,401
2,106,531
 
Kajima Corp.
263,600
10,753,761

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
JAPAN — (Continued)
 
Kamigumi Co. Ltd.
315,700
$11,048,171
#
Kawasaki Kisen
Kaisha Ltd.
618,400
8,935,916
 
Kinden Corp.
141,700
6,270,216
 
Kobe Steel Ltd.
891,477
12,832,638
 
Koito Manufacturing
Co. Ltd.
372,901
5,837,842
 
Komatsu Ltd.
533,800
20,431,296
 
Kubota Corp. (6326
JP)
1,873,220
28,700,838
 
Kuraray Co. Ltd.
1,089,891
11,765,928
 
Kyocera Corp.
1,058,649
15,882,705
 
Kyoto Financial
Group, Inc.
454,716
10,985,170
 
Kyushu Financial
Group, Inc.
402,700
3,018,584
 
Lixil Corp.
547,485
6,280,598
 
LY Corp.
2,562,300
6,560,564
 
Marubeni Corp.
598,300
19,832,537
#
Mazda Motor Corp.
930,256
7,158,648
 
Mebuki Financial
Group, Inc.
1,565,010
11,806,741
 
Medipal Holdings
Corp.
285,450
5,173,598
 
MEIJI Holdings Co.
Ltd.
605,762
14,212,411
 
Minebea Mitsumi,
Inc.
290,100
5,928,755
 
Mitsubishi Chemical
Group Corp.
3,643,359
24,054,184
 
Mitsubishi Corp.
996,400
26,470,690
 
Mitsubishi Electric
Corp.
168,200
5,258,250
 
Mitsubishi Estate Co.
Ltd.
1,171,441
29,855,245
 
Mitsubishi Gas
Chemical Co., Inc.
554,400
10,998,018
 
Mitsubishi HC
Capital, Inc.
3,012,000
26,285,539
 
Mitsubishi Logistics
Corp.
530,500
4,531,507
#
Mitsubishi Motors
Corp.
1,834,838
4,510,627
 
Mitsubishi UFJ
Financial Group,
Inc. (8306 JP)
7,758,250
140,504,655
 
Mitsui & Co. Ltd.
(8031 JP)
790,964
25,836,866
 
Mitsui & Co. Ltd.
(MITSY US),
Sponsored ADR
18,174
11,919,781
 
Mitsui Chemicals,
Inc.
1,572,320
22,973,277
 
Mitsui Fudosan Co.
Ltd.
1,894,200
21,720,605
#
Mitsui OSK Lines
Ltd.
793,900
24,884,747
 
 
 
Shares
Value»
JAPAN — (Continued)
 
Mizuho Financial
Group, Inc. (8411
JP)
2,442,180
$106,034,341
 
MS&AD Insurance
Group Holdings,
Inc.
994,859
25,346,581
 
NGK Insulators Ltd.
693,000
16,602,878
 
NH Foods Ltd.
291,267
13,223,972
 
NHK Spring Co. Ltd.
274,000
4,979,591
 
Nikon Corp.
205,700
2,589,078
 
Nippon Electric Glass
Co. Ltd.
29,657
1,289,782
 
Nippon Express
Holdings, Inc.
925,869
21,030,766
 
Nippon Steel Corp.
4,813,065
20,056,294
 
Nippon Television
Holdings, Inc.
56,400
1,355,508
#
Nippon Yusen KK
1,068,700
35,122,678
*
Nissan Motor Co.
Ltd.
1,902,479
4,637,034
 
Nisshin Seifun
Group, Inc.
427,656
5,430,692
 
Niterra Co. Ltd.
373,000
16,308,247
 
NOK Corp.
164,265
3,199,148
 
Nomura Holdings,
Inc. (8604 JP)
5,116,202
46,364,747
 
Nomura Real Estate
Holdings, Inc.
2,836,500
18,849,222
 
Obayashi Corp.
420,882
9,500,705
 
Oji Holdings Corp.
3,428,000
20,305,641
 
Omron Corp.
122,052
3,114,125
 
Ono Pharmaceutical
Co. Ltd.
702,595
10,467,504
 
Open House Group
Co. Ltd.
122,500
7,208,115
 
ORIX Corp. (8591
JP)
2,005,900
61,130,588
 
Panasonic Holdings
Corp.
4,415,799
60,543,668
 
Resona Holdings,
Inc.
4,095,139
47,749,836
 
Resonac Holdings
Corp.
742,924
43,145,275
 
Ricoh Co. Ltd.
1,566,800
13,864,069
 
Rinnai Corp.
81,100
2,130,124
 
Rohm Co. Ltd.
311,765
5,459,550
 
SBI Holdings, Inc.
738,198
16,693,617
 
Seiko Epson Corp.
770,200
9,910,705
 
Seino Holdings Co.
Ltd.
411,100
6,399,766
 
Sekisui Chemical Co.
Ltd.
447,100
7,908,028
#
Sekisui House Ltd.
1,749,000
38,979,608
 
Seven & i Holdings
Co. Ltd.
1,687,600
24,167,439
 
Shimamura Co. Ltd.
55,600
3,726,590
 
Shimizu Corp.
2,126
37,755

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
JAPAN — (Continued)
 
Shizuoka Financial
Group, Inc.
745,600
$12,180,113
 
SoftBank Group
Corp.
6,548,400
178,819,695
 
Sojitz Corp.
655,840
23,915,403
 
Sompo Holdings,
Inc.
128,300
4,424,363
 
Stanley Electric Co.
Ltd.
456,100
8,985,262
 
Subaru Corp.
2,003,384
43,008,963
 
SUMCO Corp.
514,973
5,376,325
 
Sumitomo Chemical
Co. Ltd.
1,234,388
3,755,161
 
Sumitomo Corp.
1,500,200
60,921,760
 
Sumitomo Electric
Industries Ltd.
2,995,700
131,150,290
 
Sumitomo Forestry
Co. Ltd.
1,795,800
19,470,623
 
Sumitomo Heavy
Industries Ltd.
313,223
9,752,079
 
Sumitomo Metal
Mining Co. Ltd.
204,664
11,565,229
 
Sumitomo Mitsui
Financial Group,
Inc. (8316 JP)
5,498,799
193,505,198
 
Sumitomo Mitsui
Trust Group, Inc.
1,091,587
36,457,668
 
Sumitomo Realty &
Development Co.
Ltd.
1,901,400
52,948,249
 
Sumitomo Rubber
Industries Ltd.
572,655
9,228,996
 
Suntory Beverage &
Food Ltd.
145,600
4,612,467
 
Suzuken Co. Ltd.
117,500
4,736,383
 
Suzuki Motor Corp.
2,281,400
31,107,045
 
T&D Holdings, Inc.
63,200
1,560,976
 
Taiheiyo Cement
Corp.
330,146
9,072,204
#
Takashimaya Co.
Ltd.
764,024
9,549,894
 
Takeda
Pharmaceutical
Co. Ltd. (4502 JP)
2,106,971
71,720,669
 
TBS Holdings, Inc.
65,400
2,535,750
 
Tokyo Century Corp.
487,500
6,791,195
 
Tokyo Tatemono Co.
Ltd.
870,300
20,480,093
 
Tokyu Fudosan
Holdings Corp.
2,665,000
24,676,598
 
TOPPAN Holdings,
Inc.
587,100
18,135,372
 
Toray Industries, Inc.
2,560,900
18,889,733
 
Tosoh Corp.
958,800
15,648,199
 
TOTO Ltd.
145,800
4,582,333
 
Toyo Seikan Group
Holdings Ltd.
385,349
9,668,348
 
 
 
Shares
Value»
JAPAN — (Continued)
 
Toyo Tire Corp.
409,266
$11,029,605
 
Toyoda Gosei Co.
Ltd.
173,000
4,700,046
 
Toyota Boshoku
Corp.
189,200
3,177,032
 
Toyota Industries
Corp.
158,900
20,332,209
 
Toyota Motor Corp.
(7203 JP)
9,603,538
217,668,864
#
Toyota Motor Corp.
(TM US),
Sponsored ADR
86,984
19,733,190
 
Toyota Tsusho Corp.
1,509,900
54,989,383
#
Yakult Honsha Co.
Ltd.
19,900
321,578
 
Yamada Holdings Co.
Ltd.
211,728
742,266
 
Yamaguchi Financial
Group, Inc.
157,706
2,512,088
 
Yamaha Corp.
54,300
394,678
 
Yamaha Motor Co.
Ltd.
3,081,200
23,268,293
 
Yamato Holdings Co.
Ltd.
300,600
3,930,261
 
Yamato Kogyo Co.
Ltd.
72,400
5,219,464
 
Yokohama Financial
Group, Inc.
1,803,900
16,429,432
 
Yokohama Rubber
Co. Ltd.
564,500
22,280,979
TOTAL JAPAN
3,703,196,330
NETHERLANDS — (3.9%)
Ω
ABN AMRO Bank
NV
682,217
25,135,087
 
Aegon Ltd. (AGN
NA)
2,863,375
22,490,310
#
Akzo Nobel NV
335,713
23,519,099
 
ArcelorMittal SA (MT
NA)
317,689
17,253,041
#
ArcelorMittal SA (MT
US)
640,003
34,540,968
 
ASR Nederland NV
633,059
45,979,480
 
Coca-Cola
Europacific
Partners PLC
96,373
8,812,696
 
HAL Trust
8,385
1,547,688
 
Heineken NV
459,527
37,933,766
 
ING Groep NV (INGA
NA)
4,971,616
146,617,410
 
JDE Peet's NV
54,290
2,043,863
 
Koninklijke Ahold
Delhaize NV (AD
NA)
4,003,663
156,543,801
 
Koninklijke KPN NV
7,233,183
35,424,603

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
NETHERLANDS — (Continued)
#
Koninklijke Philips NV
(PHG US)
630,121
$18,084,472
 
Koninklijke Philips NV
(PHIA NA)
917,643
26,350,860
 
NN Group NV
1,010,877
80,129,386
 
Prosus NV (PRX
NA)
125,760
7,231,356
TOTAL NETHERLANDS
689,637,886
NEW ZEALAND — (0.1%)
 
Auckland
International Airport
Ltd.
2,916,676
14,533,807
*
Fletcher Building Ltd.
(FBU NZ)
1,380,683
3,104,025
 
Fonterra
Co-Operative
Group Ltd.
293,628
1,448,033
#
Infratil Ltd.
499,849
3,325,122
 
Mercury NZ Ltd.
568,610
2,169,254
 
Meridian Energy Ltd.
265,325
900,085
 
Summerset Group
Holdings Ltd.
150,660
1,047,769
TOTAL NEW ZEALAND
26,528,095
NORWAY — (0.8%)
 
Aker BP ASA
622,602
18,328,083
 
Austevoll Seafood
ASA
156,937
1,508,645
Ω
Bw Lpg Ltd. BWLP
US
7,614
119,083
Ω
BW LPG Ltd.
BWLPG NO
280,178
4,435,397
#
DNB Bank ASA
1,058,098
30,339,201
 
Equinor ASA
1,025,603
27,566,680
 
Hafnia Ltd.
292,039
1,790,153
 
Leroy Seafood Group
ASA
24,093
118,727
 
Norsk Hydro ASA
2,197,036
19,505,018
 
Odfjell Drilling Ltd.
11,323
112,703
 
Sparebank 1
Oestlandet
1,244
25,287
 
SpareBank 1
Sor-Norge ASA
354,504
7,146,535
 
Stolt-Nielsen Ltd.
115,466
3,622,079
 
Subsea 7 SA
573,605
14,662,541
 
Wallenius Wilhelmsen
ASA
540,692
6,282,139
 
Wilh Wilhelmsen
Holding ASA,
Class A
10,461
744,793
 
Yara International
ASA
151,606
6,968,228
TOTAL NORWAY
143,275,292
 
 
 
Shares
Value»
PORTUGAL — (0.0%)
 
EDP Renovaveis SA
354,112
$5,379,449
SINGAPORE — (0.9%)
 
CapitaLand
Investment Ltd.
2,777,800
6,725,407
 
City Developments
Ltd.
12,600
91,811
 
Genting Singapore
Ltd.
5,312,600
3,067,213
 
Hongkong Land
Holdings Ltd.
1,460,900
12,395,550
 
Jardine Cycle &
Carriage Ltd.
221,500
5,524,696
 
Keppel Ltd.
4,110,800
35,364,484
 
Oversea-Chinese
Banking Corp. Ltd.
1,793,200
29,927,683
#
Seatrium Ltd.
1,638,714
2,717,631
 
Singapore Airlines
Ltd.
390,500
1,949,382
 
United Overseas
Bank Ltd.
1,606,700
48,424,550
 
UOL Group Ltd.
974,274
8,320,860
#
Wilmar International
Ltd.
2,871,400
7,666,755
TOTAL SINGAPORE
162,176,022
SPAIN — (3.8%)
 
Banco Bilbao Vizcaya
Argentaria SA
(BBVA SM)
3,170,125
80,469,318
 
Banco Bilbao Vizcaya
Argentaria SA
(BBVA US),
Sponsored ADR
221
5,618
 
Banco de Sabadell
SA
862,269
3,382,494
 
Banco Santander SA
(SAN SM)
32,206,047
411,208,824
 
CaixaBank SA
6,591,440
87,008,160
Ω
Cellnex Telecom SA
30,906
955,927
 
Mapfre SA
355,435
1,626,376
 
Repsol SA (REP
SM)
4,193,907
82,624,544
TOTAL SPAIN
667,281,261
SWEDEN — (2.4%)
*
Asmodee Group AB,
Class B
15,312
183,730
 
Betsson AB, Class B
804
9,440
 
Billerud Aktiebolag
269,457
2,178,855
*
Boliden AB
1,013,858
70,997,121
 
Bure Equity AB
39,509
975,532
 
Elekta AB, Class B
4,468
28,721
 
Essity AB (ESSITYB
SS), Class B
887,978
26,291,828
 
Getinge AB, Class B
227,238
4,979,309

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
SWEDEN — (Continued)
#
Hexagon AB,
Class B
1,217,940
$13,732,320
 
Hexpol AB
195,650
1,601,334
 
Holmen AB (HOLMA
SS), Class A
5,562
209,430
#
Holmen AB (HOLMB
SS), Class B
176,174
6,603,516
 
Husqvarna AB
(HUSQB SS),
Class B
203,840
1,041,333
 
Loomis AB
311,174
12,912,550
 
Pandox AB
118,934
2,566,150
 
Peab AB, Class B
2,404
24,027
#
Securitas AB,
Class B
1,182,770
19,559,346
# * Ω
Sinch AB
631,787
1,893,095
 
Skandinaviska
Enskilda Banken
AB (SEBA SS),
Class A
2,936,221
63,112,371
 
Skandinaviska
Enskilda Banken
AB (SEBC SS),
Class C
14,462
318,610
 
Skanska AB,
Class B
735,929
22,351,772
#
SKF AB (SKFB SS),
Class B
1,216,239
31,800,630
 
SSAB AB (SSABA
SS), Class A
564,486
4,667,033
 
SSAB AB (SSABB
SS), Class B
1,830,262
15,056,387
 
Svenska Cellulosa
AB SCA (SCAA
SS), Class A
34,534
430,967
#
Svenska Cellulosa
AB SCA (SCAB
SS), Class B
626,961
7,850,124
#
Svenska
Handelsbanken AB
(SHBA SS),
Class A
1,347,720
21,246,876
#
Svenska
Handelsbanken AB
(SHBB SS),
Class B
40,612
1,064,420
 
Swedbank AB,
Class A
1,001,439
38,936,208
*
Swedish Orphan
Biovitrum AB
20,004
759,659
 
Telefonaktiebolaget
LM Ericsson
(ERICB SS),
Class B
53,095
575,027
 
Telia Co. AB
4,570,592
20,880,561
 
 
 
Shares
Value»
SWEDEN — (Continued)
 
Trelleborg AB,
Class B
537,345
$21,744,323
*
Volvo Car AB,
Class B
467,169
1,558,994
TOTAL SWEDEN
418,141,599
SWITZERLAND — (8.4%)
 
Alcon AG ALC SW
498,597
40,357,610
#
Alcon AG ALC US
70,663
5,722,322
*
Amrize Ltd.
1,295,000
68,505,373
 
Cie Financiere
Richemont SA,
Class A
697,933
135,475,450
 
DSM-Firmenich AG
174,413
13,753,083
#
Helvetia Baloise
Holding AG
118,885
30,151,693
 
Holcim AG (HOLN
SW)
1,345,752
138,705,094
 
Julius Baer Group
Ltd.
495,321
41,374,303
 
Lonza Group AG
98,153
66,690,059
 
Novartis AG (NOVN
SW)
1,005,063
149,120,969
#
Novartis AG (NVS
US), Sponsored
ADR
205,429
30,543,184
 
Sandoz Group AG
(SDZ SW)
332,697
26,358,210
 
Sandoz Group AG
(SDZNY US), ADR
275,714
21,858,606
#
Swiss Life Holding
AG
87,340
95,772,896
 
Swiss Prime Site AG
93,913
15,987,804
 
Swiss Re AG
713,905
114,070,448
#
Swisscom AG
94,854
77,882,808
# *
UBS Group AG (UBS
US)
102,122
4,815,024
 
UBS Group AG
(UBSG SW)
4,202,565
198,845,952
 
Zurich Insurance
Group AG
309,682
220,314,514
TOTAL SWITZERLAND
1,496,305,402
UNITED KINGDOM — (12.7%)
 
Anglo American PLC
493,255
22,871,150
 
Associated British
Foods PLC
238,264
6,226,863
 
Barclays PLC (BARC
LN)
7,305,202
48,755,419
 
Barclays PLC (BCS
US), Sponsored
ADR
1,376,289
36,815,731
 
Barratt Redrow PLC
1,149,772
6,122,227
 
BP PLC (BP LN)
7,962,719
50,488,069
 
BP PLC (BP US),
Sponsored ADR
3,782,975
143,299,093

The DFA International Value Series
CONTINUED
 
 
 
Shares
Value»
UNITED KINGDOM — (Continued)
 
British American
Tobacco PLC
(BATS LN)
2,418,176
$146,090,742
 
British American
Tobacco PLC (BTI
US), Sponsored
ADR
133,418
8,095,804
 
BT Group PLC
30,893,447
81,204,051
*
Canal & SA
546,690
2,371,361
 
Centrica PLC
2,587,352
6,775,009
 
Glencore PLC
13,313,624
90,763,691
 
HSBC Holdings PLC
(HSBA LN)
11,272,844
198,863,404
#
HSBC Holdings PLC
(HSBC US),
Sponsored ADR
2,129,759
187,440,089
 
J Sainsbury PLC
5,358,179
23,477,999
 
Kingfisher PLC
6,401,753
29,501,786
 
Lloyds Banking
Group PLC (LLOY
LN)
141,879,076
211,854,416
#
Lloyds Banking
Group PLC (LYG
US), ADR
1,844,768
11,013,265
 
NatWest Group PLC
(NWG LN)
16,850,471
153,588,358
#
NatWest Group PLC
(NWG US),
Sponsored ADR
430,402
7,846,228
#
Pearson PLC (PSO
US), Sponsored
ADR
139,690
1,838,320
 
Shell PLC (SHEL
LN)
307,658
11,826,219
 
Shell PLC (SHEL
US), ADR
8,171,051
629,416,059
 
Standard Chartered
PLC
3,879,521
99,263,097
 
Vodafone Group PLC
(VOD LN)
31,196,306
45,943,633
TOTAL UNITED
KINGDOM
2,261,752,083
UNITED STATES — (0.1%)
#
International Paper
Co.
487,426
19,529,758
TOTAL COMMON
STOCKS
17,115,108,744
 
 
 
Shares
Value»
PREFERRED STOCKS — (0.5%)
GERMANY — (0.5%)
 
Bayerische Motoren
Werke AG,
4.951%
130,148
$13,424,177
#
Henkel AG & Co.
KGaA, 2.751%
368,277
32,353,834
 
Volkswagen AG,
6.202%
253,519
30,753,127
TOTAL GERMANY
76,531,138
TOTAL INVESTMENT
SECURITIES
(Cost $9,240,245,818)
17,191,639,882
 
 
 
 
Value
SECURITIES LENDING COLLATERAL — (3.3%)
@ §
The DFA Short Term
Investment Fund
51,421,192
594,788,923
TOTAL INVESTMENTS — (100.0%)
(Cost $9,835,031,709)^^
$17,786,428,805
ADR
American Depositary Receipt
»
Securities have generally been fair valued. See Security
Valuation Note within the Notes to Schedules of
Investments.
#
Total or Partial Securities on Loan.
*
Non-Income Producing Securities.
Ω
Rule 144A, Section 4(2), or other security that is
restricted as to resale to institutional investors. This
security has been deemed liquid based upon the
Fund’s Liquidity Guidelines. The liquidity determination
is unaudited.
See Security Valuation Note within the Notes to
Schedules of Investments.
@
Security purchased with cash collateral received from
Securities on Loan.
§
Affiliated Fund.
^^
See Federal Tax Cost Note within the Notes to Schedules
of Investments.

The DFA International Value Series
CONTINUED
As of January 31, 2026, The DFA International Value Series had entered into the following outstanding futures contracts:
Description
Number of
Contracts
Expiration
Date
Notional
Value
Market
Value
Unrealized
Appreciation
(Depreciation)
Long Position Contracts:
 
S&P 500® Emini Index
538
03/20/26
$187,077,875
$187,378,675
$300,800
Total Futures Contracts
 
$187,077,875
$187,378,675
$300,800
As of January 31, 2026, the value of Rule 144A securities amounted to $85,381,195 or 0.5% of net assets.
Summary of the Series' investments as of January 31, 2026, based on their valuation inputs, is as follows (see Security Valuation Note):
 
Investments in Securities (Market Value)
 
Level 1
Level 2
Level 3
Total
Assets
Common Stocks
Australia
$970,378,395
$970,378,395
Austria
32,289,630
32,289,630
Belgium
157,237,683
157,237,683
Canada
$2,067,013,910
2,067,013,910
Denmark
345,876,925
345,876,925
Finland
8,558,677
107,953,059
116,511,736
France
8,643,027
1,677,803,475
1,686,446,502
Germany
40,873,162
1,325,775,583
1,366,648,745
Hong Kong
209,637,045
209,637,045
Ireland
43,147,345
43,147,345
Israel
201,695,589
201,695,589
Italy
16,326,623
308,695,439
325,022,062
Japan
31,652,971
3,671,543,359
3,703,196,330
Netherlands
52,625,440
637,012,446
689,637,886
New Zealand
26,528,095
26,528,095
Norway
119,083
143,156,209
143,275,292
Portugal
5,379,449
5,379,449
Singapore
162,176,022
162,176,022
Spain
5,618
667,275,643
667,281,261
Sweden
418,141,599
418,141,599
Switzerland
62,939,136
1,433,366,266
1,496,305,402
United Kingdom
1,025,764,589
1,235,987,494
2,261,752,083
United States
19,529,758
19,529,758
Preferred Stocks
Germany
76,531,138
76,531,138
Securities Lending Collateral
594,788,923
594,788,923
Total Investments in Securities
$3,314,522,236
$14,471,906,569
$17,786,428,805
Financial Instruments
Assets
Futures Contracts**
300,800
300,800
Total Financial Instruments
$300,800
$300,800
** Valued at the unrealized appreciation/(depreciation) on the investment.

The Emerging Markets Series
SCHEDULE OF INVESTMENTS
January 31, 2026
(Unaudited)
 
 
 
Shares
Value»
COMMON STOCKS — (96.9%)
BRAZIL — (3.0%)
#
Ambev SA (ABEV
US), ADR
1,844,881
$5,128,769
 
Ambev SA (ABEV3
BZ)
162,900
459,658
 
Axia Energia
804,990
8,316,433
 
B3 SA - Brasil Bolsa
Balcao
2,376,694
7,293,451
 
Banco Bradesco SA
(BBDC3 BZ)
247,906
862,978
 
Banco BTG Pactual
SA
495,906
5,649,055
 
Banco do Brasil SA
1,124,309
5,387,881
 
Banco Santander
Brasil SA
1,979,328
13,660,005
#
BB Seguridade
Participacoes SA
482,026
3,417,299
 
Caixa Seguridade
Participacoes SA
199,495
656,170
#
Cia de Saneamento
Basico do Estado
de Sao Paulo
SABESP (SBS
US), ADR
135,481
3,639,020
 
Cia de Saneamento
Basico do Estado
de Sao Paulo
SABESP (SBSP3
BZ)
230,023
6,172,413
 
Cia Energetica de
Minas Gerais
(CMIG3 BZ)
325,604
933,612
 
Cia Paranaense de
Energia - Copel
CPLE3 BZ
1,637,163
4,100,101
#
Cia Paranaense de
Energia - Copel
ELPC US, ADR
21,749
220,535
 
CPFL Energia SA
173,333
1,694,877
 
Embraer SA
148,600
2,737,498
 
Embraer SA (ERJ
US), Sponsored
ADR
91,689
6,735,474
#
Energisa SA
332,333
3,221,188
*
Eneva SA
810,711
3,253,473
 
Engie Brasil Energia
SA
263,586
1,641,293
 
Equatorial SA
873,086
6,788,595
 
Gerdau SA,
Sponsored ADR
506,948
2,164,668
*
JBS NV, BDR
183,420
2,869,406
 
Klabin SA
1,010,631
3,679,386
 
 
 
Shares
Value»
BRAZIL — (Continued)
 
Localiza Rent a Car
SA
717,446
$6,596,782
 
MBRF Global Foods
Co. SA
245,248
870,036
 
Motiva Infraestrutura
de Mobilidade SA
794,987
2,531,753
 
Neoenergia SA
223,442
1,375,616
 
Petroleo Brasileiro
SA - Petrobras
2,899,815
22,255,195
 
Petroleo Brasileiro
SA - Petrobras
(PBR US),
Sponsored ADR
142,561
2,186,886
#
Petroleo Brasileiro
SA - Petrobras
(PBRA US),
Sponsored ADR
249,953
3,589,325
 
Porto Seguro SA
177,474
1,694,227
*
PRIO SA
727,421
7,047,874
#
Raia Drogasil SA
920,661
4,286,009
Ω
Rede D'Or Sao Luiz
SA
290,456
2,339,543
 
Rumo SA
690,090
1,935,438
#
Smartfit Escola de
Ginastica e Danca
SA
55,800
234,746
 
Suzano SA (SUZB3
BZ)
551,843
5,172,660
#
Telefonica Brasil SA
(VIVT3 BZ)
545,310
3,873,201
 
TIM SA
756,700
3,525,587
 
TOTVS SA
281,444
2,383,537
 
Ultrapar
Participacoes SA
(UGPA3 BZ)
688,793
3,321,755
 
Vale SA (VALE US),
Sponsored ADR
178,288
2,865,096
 
Vale SA (VALE3 BZ)
2,062,628
33,047,505
 
Vibra Energia SA
931,523
5,090,609
 
WEG SA
577,111
5,671,594
TOTAL BRAZIL
222,578,212
CHILE — (0.6%)
 
Banco de Chile
(BCH US), ADR
125,942
5,494,862
 
Banco de Credito e
Inversiones SA
53,355
3,965,195
 
Banco Itau Chile SA
28,570
777,662
 
Banco Santander
Chile (BSAC US),
ADR
106,269
3,742,794

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHILE — (Continued)
 
Banco Santander
Chile (BSAN CI)
5,495,021
$483,327
 
Cencosud SA
1,201,417
4,020,268
 
Cencosud Shopping
SA
442,264
1,417,361
 
Colbun SA
1,558,989
258,182
 
Embotelladora
Andina SA, ADR,
Class B
8,199
257,613
 
Empresas CMPC
SA
1,023,177
1,533,944
 
Empresas Copec
SA
250,716
2,137,271
 
Enel Americas SA
(ENELAM CI)
7,846,188
740,736
 
Enel Chile SA
(ENELCHIL CI)
25,211,588
2,137,488
 
Falabella SA
319,372
2,478,812
 
Latam Airlines Group
SA LTM CI
72,621,167
2,356,413
#
Latam Airlines Group
SA LTM US, ADR
36,447
2,398,577
 
Parque Arauco SA
188,491
801,158
 
Plaza SA
560,016
2,435,813
*
Sociedad Quimica y
Minera de Chile
SA, Sponsored
ADR
69,308
5,325,627
TOTAL CHILE
42,763,103
CHINA — (23.5%)
 
360 Security
Technology, Inc.,
Class A
119,700
208,979
 
37 Interactive
Entertainment
Network
Technology Group
Co. Ltd., Class A
140,663
536,310
 
Accelink
Technologies Co.
Ltd., Class A
33,900
352,061
 
ACM Research
Shanghai, Inc.,
Class A
6,881
186,426
*
Addsino Co. Ltd.,
Class A
15,000
61,416
 
Advanced Fiber
Resources Zhuhai
Ltd., Class A
6,000
138,779
 
Advanced
Micro-Fabrication
Equipment, Inc.
China, Class A
3,354
167,213
 
 
 
Shares
Value»
CHINA — (Continued)
 
Advanced
Technology &
Materials Co. Ltd.,
Class A
54,200
$185,217
 
AECC Aero-Engine
Control Co. Ltd.,
Class A
53,757
188,916
 
AECC Aviation
Power Co. Ltd.,
Class A
79,700
531,369
 
Aerospace Intelligent
Manufacturing
Technology Co.
Ltd., Class A
65,900
222,363
 
Agricultural Bank of
China Ltd.,
Class H
12,844,000
8,979,456
 
Aier Eye Hospital
Group Co. Ltd.,
Class A
414,281
660,147
*
Air China Ltd.,
Class H
1,822,000
1,626,243
 
Aisino Corp.,
Class A
136,900
197,702
* Ω
Akeso, Inc.
238,000
3,359,328
 
Alibaba Group
Holding Ltd. (9988
HK)
4,044,300
86,036,714
#
Alibaba Group
Holding Ltd.
(BABA US),
Sponsored ADR
468,034
79,359,845
# *
Alibaba Health
Information
Technology Ltd.
1,986,000
1,647,163
 
All Winner
Technology Co.
Ltd., Class A
16,200
106,967
*
Alpha Group,
Class A
52,800
71,084
 
Aluminum Corp. of
China Ltd.,
Class H
4,888,000
8,534,792
*
Amlogic Shanghai
Co. Ltd., Class A
18,181
229,595
 
An Hui Wenergy Co.
Ltd., Class A
135,218
157,870
 
Andon Health Co.
Ltd., Class A
28,200
168,782
 
Angel Yeast Co.
Ltd., Class A
49,800
299,788
 
Anhui Anke
Biotechnology
Group Co. Ltd.,
Class A
119,100
172,323

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Anhui Conch
Cement Co. Ltd.,
Class H
1,076,000
$3,412,338
 
Anhui Gujing
Distillery Co. Ltd.,
Class A
22,616
429,705
 
Anhui Heli Co. Ltd.,
Class A
64,900
203,571
*
Anhui Jianghuai
Automobile Group
Corp. Ltd.,
Class A
64,300
505,860
 
Anhui Jiangnan
Chemical Industry
Co. Ltd., Class A
183,900
163,993
 
Anhui Kouzi
Distillery Co. Ltd.,
Class A
46,700
197,562
*
Anhui Truchum
Advanced
Materials &
Technology Co.
Ltd., Class A
98,700
187,349
 
Anhui XDLK
Microsystem Corp.
Ltd., Class A
11,337
110,068
 
Anhui Yingjia
Distillery Co. Ltd.,
Class A
49,000
286,436
 
Anhui Yingliu
Electromechanical
Co. Ltd., Class A
26,500
196,399
 
Anhui Zhongding
Sealing Parts Co.
Ltd., Class A
110,800
333,049
 
Anji Microelectronics
Technology
Shanghai Co. Ltd.,
Class A
7,754
300,755
 
Anjoy Foods Group
Co. Ltd., Class A
19,800
254,278
 
Anker Innovations
Technology Co.
Ltd., Class A
38,680
554,387
 
ANTA Sports
Products Ltd.
1,243,200
12,419,480
 
Apeloa
Pharmaceutical
Co. Ltd., Class A
76,500
202,090
*
ApicHope
Pharmaceutical
Group Co. Ltd.
11,700
56,642
 
APT Medical, Inc.,
Class A
8,179
273,012
 
Arcsoft Corp. Ltd.,
Class A
11,355
83,353
 
 
 
Shares
Value»
CHINA — (Continued)
*
Asia - Potash
International
Investment
Guangzhou Co.
Ltd., Class A
74,874
$603,993
 
Asymchem
Laboratories
Tianjin Co. Ltd.,
Class A
12,970
184,808
 
Autel Intelligent
Technology Corp.
Ltd., Class A
46,871
235,836
 
Autobio Diagnostics
Co. Ltd., Class A
42,000
221,631
 
Avary Holding
Shenzhen Co.
Ltd., Class A
119,276
978,716
 
Avicopter PLC,
Class A
32,004
168,502
*
BAIC BluePark New
Energy
Technology Co.
Ltd., Class A
91,300
105,779
*
BAIC Foton Motor
Co. Ltd., Class A
708,000
300,482
*
Baidu, Inc. (9888
HK), Class A
1,812,350
34,738,306
# *
Baidu, Inc. (BIDU
US), Sponsored
ADR
2,292
351,089
 
Baimtec Material Co.
Ltd., Class A
17,580
168,488
 
Baiyin Nonferrous
Group Co. Ltd.,
Class A
343,500
651,043
 
Bank of Beijing Co.
Ltd., Class A
880,308
671,302
 
Bank of Changsha
Co. Ltd., Class A
328,284
460,984
 
Bank of Chengdu
Co. Ltd., Class A
338,750
785,894
 
Bank of China Ltd.,
Class H
32,691,181
19,522,625
#
Bank of
Communications
Co. Ltd., Class H
5,191,515
4,459,983
 
Bank of Guiyang Co.
Ltd., Class A
242,623
202,798
 
Bank of Hangzhou
Co. Ltd., Class A
356,304
828,791
 
Bank of Jiangsu Co.
Ltd., Class A
1,142,270
1,664,672
 
Bank of Nanjing Co.
Ltd., Class A
454,780
689,019
 
Bank of Ningbo Co.
Ltd., Class A
274,842
1,224,143

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Bank of Shanghai
Co. Ltd., Class A
573,383
$762,293
 
Bank of Suzhou Co.
Ltd., Class A
341,360
404,327
 
Bank of Xi'an Co.
Ltd., Class A
287,500
155,173
*
Baoding Tianwei
Baobian Electric
Co. Ltd., Class A
96,000
193,555
 
Baoji Titanium
Industry Co. Ltd.,
Class A
29,300
160,679
 
Baoshan Iron &
Steel Co. Ltd.,
Class A
843,900
883,208
 
Baowu Magnesium
Technology Co.
Ltd., Class A
60,300
161,366
 
Beibuwan Port Co.
Ltd., Class A
161,100
226,603
 
Beijing Aerospace
Shenzhou
Intelligent
Equipment
Technology Co.
Ltd., Class A
17,400
68,441
 
Beijing Aosaikang
Pharmaceutical
Co. Ltd., Class A
39,600
94,538
 
Beijing Balance
Medical
Technology Co.
Ltd., Class A
3,636
55,967
*
Beijing BDStar
Navigation Co.
Ltd., Class A
26,700
167,719
*
Beijing Capital
Development Co.
Ltd., Class A
147,400
118,471
 
Beijing Capital
Eco-Environment
Protection Group
Co. Ltd., Class A
630,560
279,526
*
Beijing Compass
Technology
Development Co.
Ltd., Class A
24,945
444,801
 
Beijing Dabeinong
Technology Group
Co. Ltd., Class A
303,161
199,946
 
Beijing Dahao
Technology Corp.
Ltd., Class A
35,400
90,876
 
 
 
Shares
Value»
CHINA — (Continued)
 
Beijing Easpring
Material
Technology Co.
Ltd., Class A
20,600
$169,815
 
Beijing Enlight Media
Co. Ltd., Class A
140,806
395,957
*
Beijing Highlander
Digital Technology
Co. Ltd., Class A
14,300
51,485
*
Beijing Hotgen
Biotech Co. Ltd.,
Class A
3,656
76,478
 
Beijing Huafeng Test
& Control
Technology Co.
Ltd., Class A
5,744
248,929
 
Beijing Jetsen
Technology Co.
Ltd., Class A
227,900
198,597
 
Beijing Jingyi
Automation
Equipment Co.
Ltd., Class A
4,319
72,487
 
Beijing Kingsoft
Office Software,
Inc., Class A
7,538
364,865
*
Beijing Leike
Defense
Technology Co.
Ltd., Class A
43,400
83,098
 
Beijing New Building
Materials PLC,
Class A
115,703
464,557
 
Beijing Oriental
Yuhong
Waterproof
Technology Co.
Ltd., Class A
44,200
109,920
 
Beijing Originwater
Technology Co.
Ltd., Class A
97,674
56,647
*
Beijing Relpow
Technology Co.
Ltd., Class A
13,600
56,212
 
Beijing Roborock
Technology Co.
Ltd., Class A
13,472
276,372
 
Beijing Shiji
Information
Technology Co.
Ltd., Class A
49,928
91,724
 
Beijing Shougang
Co. Ltd., Class A
373,100
302,705
 
Beijing Sifang
Automation Co.
Ltd., Class A
46,600
250,294

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Beijing Sinnet
Technology Co.
Ltd., Class A
111,088
$244,712
 
Beijing Teamsun
Technology Co.
Ltd., Class A
57,000
171,478
 
Beijing Tiantan
Biological
Products Corp.
Ltd., Class A
143,207
343,106
 
Beijing Tong Ren
Tang Co. Ltd.,
Class A
81,600
356,128
#
Beijing Tricolor
Technology Co.
Ltd., Class A
2,400
57,026
 
Beijing Ultrapower
Software Co. Ltd.,
Class A
122,700
215,969
 
Beijing United
Information
Technology Co.
Ltd., Class A
55,486
215,910
*
Beijing Wantai
Biological
Pharmacy
Enterprise Co.
Ltd., Class A
27,480
166,266
 
Beijing Yanjing
Brewery Co. Ltd.,
Class A
184,800
322,166
 
Beijing Zhong Ke
San Huan
High-Tech Co.
Ltd., Class A
64,400
132,767
 
Beijing-Shanghai
High Speed
Railway Co. Ltd.,
Class A
1,927,700
1,350,476
*
BeOne Medicines
Ltd., Class H
184,600
4,868,442
*
BeOne Medicines
Ltd. (BGNE US),
ADR
10,118
3,443,965
 
Bestechnic Shanghai
Co. Ltd., Class A
4,094
129,933
 
Bethel Automotive
Safety Systems
Co. Ltd., Class A
33,940
252,111
 
Betta
Pharmaceuticals
Co. Ltd., Class A
26,206
177,719
*
BGI Genomics Co.
Ltd., Class A
25,900
188,526
*
Bilibili, Inc., Class Z
78,740
2,697,617
 
 
 
Shares
Value»
CHINA — (Continued)
*
Biwin Storage
Technology Co.
Ltd., Class A
5,669
$151,358
 
Bloomage
Biotechnology
Corp. Ltd.
(688363 C1),
Class A
22,238
143,469
#
Bloomage
Biotechnology
Corp. Ltd.
(688363 CH),
Class A
6,559
42,315
*
Bluefocus Intelligent
Communications
Group Co. Ltd.,
Class A
145,580
488,199
 
Bluestar Adisseo
Co., Class A
80,300
110,813
 
BOC International
China Co. Ltd.,
Class A
114,700
224,335
 
BOE Technology
Group Co. Ltd.,
Class A
2,350,252
1,478,344
*
Bohai Leasing Co.
Ltd., Class A
526,300
336,817
 
BrightGene
Bio-Medical
Technology Co.
Ltd., Class A
12,217
82,179
 
BTG Hotels Group
Co. Ltd., Class A
100,100
247,788
#
BYD Co. Ltd.,
Class H
2,305,157
28,738,062
#
BYD Electronic
International Co.
Ltd.
55,500
236,974
 
By-health Co. Ltd.,
Class A
115,300
202,159
 
Caitong Securities
Co. Ltd., Class A
214,590
287,451
*
Cambricon
Technologies
Corp. Ltd.,
Class A
5,468
989,548
 
Canmax
Technologies Co.
Ltd., Class A
36,870
244,120
 
Castech, Inc.,
Class A
21,000
212,664
 
Cathay Biotech, Inc.,
Class A
16,902
141,414
 
CCCC Design &
Consulting Group
Co. Ltd., Class A
149,400
159,383

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
CECEP Solar
Energy Co. Ltd.,
Class A
221,400
$171,096
 
CECEP Wind-Power
Corp., Class A
536,160
238,419
 
Central China Land
Media Co. Ltd.,
Class A
65,400
120,269
*
CETC Chips
Technology, Inc.,
Class A
38,100
119,540
 
CETC Cyberspace
Security
Technology Co.
Ltd., Class A
42,000
116,350
 
CETC Digital
Technology Co.
Ltd., Class A
42,000
168,076
 
CETC Potevio
Science&Technology
Co. Ltd., Class A
25,300
114,000
Ω
CGN Power Co.
Ltd., Class H
6,616,000
2,758,706
 
Changchun
High-Tech Industry
Group Co. Ltd.,
Class A
21,500
296,710
 
Changchun UP
Optotech Co. Ltd.,
Class A
6,800
53,153
 
Changjiang
Securities Co.
Ltd., Class A
334,970
417,306
 
Changzhou Xingyu
Automotive
Lighting Systems
Co. Ltd., Class A
17,100
339,547
 
Chaozhou
Three-Circle
Group Co. Ltd.,
Class A
60,905
434,748
 
Chengdu CORPRO
Technology Co.
Ltd., Class A
10,300
44,771
 
Chengdu Hi-tech
Development Co.
Ltd., Class A
13,400
97,534
 
Chengdu Kanghong
Pharmaceutical
Group Co. Ltd.,
Class A
46,500
196,350
 
Chengdu Wintrue
Holding Co. Ltd.,
Class A
99,700
209,506
 
 
 
Shares
Value»
CHINA — (Continued)
 
Chengdu Xingrong
Environment Co.
Ltd., Class A
160,200
$168,733
 
Chengtun Mining
Group Co. Ltd.,
Class A
250,400
569,467
*
Chengxin Lithium
Group Co. Ltd.,
Class A
43,900
223,872
 
Chifeng Jilong Gold
Mining Co. Ltd.,
Class A
116,900
682,965
 
China Automotive
Engineering
Research Institute
Co. Ltd., Class A
80,300
218,982
 
China Baoan Group
Co. Ltd., Class A
144,734
199,850
 
China CITIC Bank
Corp. Ltd.,
Class H
6,665,928
6,208,592
 
China Coal Energy
Co. Ltd., Class H
3,124,777
4,573,334
 
China Coal Xinji
Energy Co. Ltd.,
Class A
213,680
225,247
# * ††
China Common Rich
Renewable
Energy
Investments Ltd.
5,416,000
0
 
China Construction
Bank Corp.,
Class H
42,800,590
43,217,047
 
China CSSC
Holdings Ltd.,
Class A
82,717
399,249
*
China Eastern
Airlines Corp. Ltd.,
Class H
1,602,000
1,110,321
#
China Energy
Engineering Corp.
Ltd. (3996 HK),
Class H
4,620,000
679,562
 
China Energy
Engineering Corp.
Ltd. (601868 C1),
Class A
2,502,824
875,144
*
China Enterprise Co.
Ltd., Class A
419,700
178,176
 
China Everbright
Bank Co. Ltd.,
Class H
2,744,000
1,143,743
*
China Express
Airlines Co. Ltd.,
Class A
23,800
35,943

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
China Film Group
Co. Ltd., Class A
63,500
$162,369
*
China First Heavy
Industries Co.
Ltd., Class A
283,100
208,643
 
China Galaxy
Securities Co.
Ltd., Class H
3,763,500
5,060,765
 
China Great Wall
Securities Co.
Ltd., Class A
177,100
250,806
*
China Greatwall
Technology Group
Co. Ltd., Class A
58,400
133,335
 
China Hainan
Rubber Industry
Group Co. Ltd.,
Class A
231,200
244,453
 
China Hongqiao
Group Ltd.
3,607,000
16,497,232
Ω
China International
Capital Corp. Ltd.,
Class H
1,808,000
4,900,004
 
China Jushi Co. Ltd.,
Class A
302,698
930,449
 
China Kings
Resources Group
Co. Ltd., Class A
48,020
136,666
 
China Life Insurance
Co. Ltd., Class H
2,686,000
11,953,337
 
China Longyuan
Power Group
Corp. Ltd.,
Class H
2,330,000
2,116,647
 
China Meheco
Group Co. Ltd.,
Class A
146,171
228,721
 
China Merchants
Bank Co. Ltd.,
Class H
3,045,554
18,607,101
 
China Merchants
Energy Shipping
Co. Ltd., Class A
607,440
990,511
 
China Merchants
Expressway
Network &
Technology
Holdings Co. Ltd.,
Class A
148,021
199,833
Ω
China Merchants
Securities Co.
Ltd., Class H
601,860
1,124,149
 
China Merchants
Shekou Industrial
Zone Holdings Co.
Ltd., Class A
268,873
408,834
 
 
 
Shares
Value»
CHINA — (Continued)
 
China Minsheng
Banking Corp.
Ltd., Class H
5,761,100
$2,866,568
 
China National
Chemical
Engineering Co.
Ltd., Class A
283,200
362,635
 
China National Gold
Group Gold
Jewellery Co. Ltd.,
Class A
81,687
172,163
 
China National
Medicines Corp.
Ltd., Class A
59,200
247,632
 
China National
Nuclear Power
Co. Ltd., Class A
1,023,390
1,267,416
*
China National
Software &
Service Co. Ltd.,
Class A
15,100
98,084
 
China Nonferrous
Metal Industry's
Foreign
Engineering &
Construction Co.
Ltd., Class A
104,900
117,964
 
China Northern Rare
Earth Group
High-Tech Co.
Ltd., Class A
109,300
803,928
 
China Overseas
Land &
Investment Ltd.
3,370,500
6,040,657
#
China Pacific
Insurance Group
Co. Ltd., Class H
2,737,600
13,788,842
 
China Petroleum &
Chemical Corp.,
Class H
19,492,800
13,415,039
 
China Petroleum
Engineering Corp.,
Class A
305,400
183,704
 
China Railway
Group Ltd.,
Class H
2,964,000
1,710,447
 
China Railway
Hi-tech Industry
Co. Ltd., Class A
166,300
200,101
 
China Railway
Materials Co. Ltd.,
Class A
385,100
161,264
*
China Rare Earth
Nonferrous Metals
Co. Ltd., Class A
20,500
231,159

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
*
China Rare Earth
Resources &
Technology Co.
Ltd., Class A
18,391
$142,163
 
China Resources
Beer Holdings Co.
Ltd.
1,156,111
3,867,677
 
China Resources
Double Crane
Pharmaceutical
Co. Ltd., Class A
114,900
310,211
 
China Resources
Jiangzhong
Pharmaceutical
Co. Ltd., Class A
50,600
181,017
 
China Resources
Land Ltd.
3,260,666
12,769,374
 
China Resources
Microelectronics
Ltd., Class A
34,190
313,622
Ω
China Resources
Mixc Lifestyle
Services Ltd.
640,800
3,789,669
 
China Resources
Power Holdings
Co. Ltd.
1,598,517
3,641,137
 
China Resources
Sanjiu Medical &
Pharmaceutical
Co. Ltd., Class A
103,064
416,935
 
China Science
Publishing &
Media Ltd.,
Class A
29,000
87,744
 
China Shenhua
Energy Co. Ltd.,
Class H
2,505,000
13,782,775
 
China South
Publishing &
Media Group Co.
Ltd., Class A
191,690
304,470
*
China Southern
Airlines Co. Ltd.,
Class H
2,084,000
1,547,299
 
China Southern
Power Grid
Energy
Efficiency&Clean
Energy Co. Ltd.
(003035 C2),
Class A
145,000
129,718
 
 
 
Shares
Value»
CHINA — (Continued)
 
China Southern
Power Grid
Energy
Efficiency&Clean
Energy Co. Ltd.
(003035 CH),
Class A
58,400
$52,245
 
China Southern
Power Grid
Technology Co.
Ltd., Class A
14,866
111,253
 
China State
Construction
Engineering Corp.
Ltd., Class A
1,756,100
1,273,549
 
China Tianying, Inc.,
Class A
160,900
141,417
Ω
China Tourism
Group Duty Free
Corp. Ltd. (1880
HK), Class H
69,600
807,532
Ω
China Tower Corp.
Ltd., Class H
5,138,000
7,392,434
 
China TransInfo
Technology Co.
Ltd., Class A
92,200
163,619
 
China Tungsten &
Hightech Materials
Co. Ltd., Class A
63,700
441,786
 
China Wafer
Level CSP Co.
Ltd., Class A
22,700
103,242
 
China World Trade
Center Co. Ltd.,
Class A
41,700
123,197
 
China XD Electric
Co. Ltd., Class A
247,800
515,932
 
China Yangtze
Power Co. Ltd.,
Class A
756,147
2,867,818
 
China Zhenhua
Group Science &
Technology Co.
Ltd., Class A
24,900
195,231
 
China Zheshang
Bank Co. Ltd.,
Class H
2,060,499
660,015
*
Chongqing Afari
Technology Co.
Ltd., Class A
104,500
159,261
 
Chongqing Brewery
Co. Ltd., Class A
27,100
203,126
 
Chongqing Changan
Automobile Co.
Ltd., Class A
322,930
516,604

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Chongqing Fuling
Electric Power
Industrial Co. Ltd.,
Class A
106,000
$189,388
 
Chongqing Fuling
Zhacai Group Co.
Ltd., Class A
39,500
75,452
 
Chongqing Rural
Commercial Bank
Co. Ltd., Class H
554,000
413,589
 
Chongqing Sanfeng
Environment
Group Corp. Ltd.,
Class A
136,200
176,818
 
Chongqing Zhifei
Biological
Products Co. Ltd.,
Class A
104,579
261,474
 
Chongqing
Zongshen Power
Machinery Co.
Ltd., Class A
55,800
164,164
 
Chongyi Zhangyuan
Tungsten Industry
Co. Ltd., Class A
54,500
176,936
 
Chow Tai Fook
Jewellery Group
Ltd.
1,880,000
3,455,233
 
CIG Shanghai Co.
Ltd., Class A
5,500
89,420
 
CITIC Heavy
Industries Co.
Ltd., Class A
226,600
247,539
 
CITIC Ltd.
3,238,000
5,174,907
 
CITIC Securities Co.
Ltd., Class H
1,280,300
4,791,264
 
CMOC Group Ltd.,
Class H
3,870,966
10,879,598
 
CNGR Advanced
Material Co. Ltd.,
Class A
43,300
341,315
 
CNOOC Energy
Technology &
Services Ltd.,
Class A
655,100
424,442
 
COFCO Capital
Holdings Co. Ltd.,
Class A
94,200
153,492
 
COFCO Sugar
Holding Co. Ltd.,
Class A
173,300
442,128
*
COL Group Co. Ltd.,
Class A
20,800
94,989
 
 
 
Shares
Value»
CHINA — (Continued)
 
Contemporary
Amperex
Technology Co.
Ltd., Class A
236,916
$11,954,087
 
COSCO SHIPPING
Holdings Co. Ltd.,
Class H
3,712,799
6,523,247
 
COSCO SHIPPING
Specialized
Carriers Co. Ltd.,
Class A
185,200
208,195
 
CRRC Corp. Ltd.,
Class H
2,592,000
1,925,510
 
Crystal Clear
Electronic Material
Co. Ltd., Class A
42,900
108,504
Ω
CSC Financial Co.
Ltd., Class H
863,000
1,391,005
 
CSPC Innovation
Pharmaceutical
Co. Ltd., Class A
34,820
195,175
#
CSPC
Pharmaceutical
Group Ltd.
7,601,200
9,324,663
 
CSSC Science &
Technology Co.
Ltd., Class A
95,700
158,088
 
Dajin Heavy Industry
Co. Ltd., Class A
32,200
284,973
 
Daqin Railway Co.
Ltd., Class A
577,460
417,184
 
DaShenLin
Pharmaceutical
Group Co. Ltd.,
Class A
90,800
261,370
 
DBG Technology Co.
Ltd., Class A
47,300
168,692
 
Deppon Logistics
Co. Ltd., Class A
61,400
166,567
 
DHC Software Co.
Ltd., Class A
118,900
165,768
 
Digital China Group
Co. Ltd., Class A
51,800
282,845
*
Digital China
Information
Service Group Co.
Ltd., Class A
50,900
118,005
 
Do-Fluoride New
Materials Co. Ltd.,
Class A
30,620
127,600
 
Dong-E-E-Jiao Co.
Ltd., Class A
42,611
310,461
 
Dongfang Electric
Corp. Ltd.,
Class H
189,200
616,644

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Dongfang
Electronics Co.
Ltd., Class A
58,600
$111,105
 
DongFeng
Automobile Co.
Ltd., Class A
82,400
82,177
 
Dongguan Dingtong
Precision Metal
Co. Ltd., Class A
4,772
113,936
 
Dongxing Securities
Co. Ltd., Class A
154,418
308,761
 
Double Medical
Technology, Inc.,
Class A
15,800
116,321
*
Doushen Beijing
Education &
Technology, Inc.,
Class A
48,900
50,145
 
Eaglerise Electric &
Electronic China
Co. Ltd., Class A
17,400
97,293
 
East Money
Information Co.
Ltd., Class A
493,373
1,611,007
 
Eastern
Communications
Co. Ltd., Class A
46,200
122,975
*
Easyhome New
Retail Group Co.
Ltd., Class A
512,000
228,798
 
Ecovacs Robotics
Co. Ltd., Class A
20,800
214,630
 
Electric Connector
Technology Co.
Ltd., Class A
26,500
162,660
 
ENN Energy
Holdings Ltd.
405,800
3,493,427
 
ENN Natural Gas
Co. Ltd., Class A
170,300
477,972
 
Eoptolink
Technology, Inc.
Ltd., Class A
14,140
850,786
 
Espressif Systems
Shanghai Co. Ltd.,
Class A
5,268
127,482
*
Estun Automation
Co. Ltd., Class A
30,700
103,986
 
Eve Energy Co. Ltd.,
Class A
65,605
601,898
Ω
Everbright Securities
Co. Ltd., Class H
142,400
161,923
 
EverProX
Technologies Co.
Ltd., Class A
8,500
197,041
 
Explosive Co. Ltd.,
Class A
93,637
190,201
 
 
 
Shares
Value»
CHINA — (Continued)
 
Fangda Carbon New
Material Co. Ltd.,
Class A
216,840
$178,827
 
Fangda Special
Steel Technology
Co. Ltd., Class A
177,500
165,181
*
Far East Smarter
Energy Co. Ltd.,
Class A
119,400
207,361
*
Farasis Energy Gan
Zhou Co. Ltd.,
Class A
74,650
156,430
 
FAW Jiefang Group
Co. Ltd., Class A
126,700
126,147
 
Feilong Auto
Components Co.
Ltd., Class A
33,100
138,895
 
Ferrotec Anhui
Technology
Development Co.
Ltd., Class A
16,900
99,767
 
Fiberhome
Telecommunication
Technologies Co.
Ltd., Class A
61,100
346,598
 
Fibocom Wireless,
Inc., Class A
34,000
141,229
 
First Capital
Securities Co.
Ltd., Class A
188,100
187,546
 
Focus Media
Information
Technology Co.
Ltd., Class A
640,697
663,917
*
Focuslight
Technologies, Inc.,
Class A
2,430
88,067
 
Foryou Corp.,
Class A
38,300
175,437
 
Foshan Haitian
Flavouring & Food
Co. Ltd., Class A
144,636
733,912
 
Founder Securities
Co. Ltd., Class A
306,900
347,117
 
Foxconn Industrial
Internet Co. Ltd.,
Class A
482,000
3,981,963
 
Fujian Funeng Co.
Ltd., Class A
203,570
267,087
*
Fujian Snowman
Group Co. Ltd.,
Class A
19,400
54,761
 
Fujian Star-net
Communication
Co. Ltd., Class A
36,500
150,323

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Fujian Sunner
Development Co.
Ltd., Class A
97,480
$241,731
 
Fulin Precision Co.
Ltd., Class A
57,414
139,953
Ω
Fuyao Glass
Industry Group
Co. Ltd., Class H
578,800
4,961,191
 
Gan & Lee
Pharmaceuticals
Co. Ltd., Class A
17,800
173,286
# Ω
Ganfeng Lithium
Group Co. Ltd.,
Class H
249,600
1,905,445
 
Gaona Aero Material
Co. Ltd., Class A
32,800
95,869
 
G-bits Network
Technology
Xiamen Co. Ltd.,
Class A
4,700
307,313
 
GCL Energy
Technology Co.
Ltd., Class A
129,100
194,933
*
GCL System
Integration
Technology Co.
Ltd., Class A
195,100
92,347
 
GD Power
Development Co.
Ltd., Class A
672,300
447,874
 
Geely Automobile
Holdings Ltd.
6,625,000
13,637,513
 
GEM Co. Ltd.,
Class A
272,276
351,248
 
Geovis Technology
Co. Ltd., Class A
22,022
224,053
 
GEPIC Energy
Development Co.
Ltd., Class A
113,200
112,075
 
GF Securities Co.
Ltd., Class H
960,200
2,240,682
 
Giant Network
Group Co. Ltd.,
Class A
85,600
541,109
 
Giantec
Semiconductor
Corp., Class A
6,396
169,809
 
GigaDevice
Semiconductor,
Inc., Class A
11,974
539,992
 
Ginlong
Technologies Co.
Ltd., Class A
31,325
373,927
 
Glarun Technology
Co. Ltd., Class A
69,600
290,544
 
 
 
Shares
Value»
CHINA — (Continued)
 
GoerTek, Inc.,
Class A
169,200
$633,502
 
Goke
Microelectronics
Co. Ltd., Class A
9,000
183,506
 
Goldwind Science &
Technology Co.
Ltd., Class H
424,200
792,082
 
Goneo Group Co.
Ltd., Class A
42,048
252,893
*
GoodWe
Technologies Co.
Ltd. (688390 C1),
Class A
8,690
105,332
 
Gotion High-tech Co.
Ltd., Class A
81,500
445,563
*
Grace Fabric
Technology Co.
Ltd., Class A
9,700
75,466
 
Grandblue
Environment Co.
Ltd., Class A
44,300
188,387
 
Great Wall Motor
Co. Ltd., Class H
2,316,000
3,945,774
*
Greatoo Intelligent
Equipment, Inc.,
Class A
69,100
76,806
 
Gree Electric
Appliances, Inc. of
Zhuhai, Class A
175,733
979,142
 
Green Development
Electricity Group
of Tianjin Co. Ltd.,
Class A
147,400
179,115
 
GRG Banking
Equipment Co.
Ltd., Class A
102,500
189,671
 
Grinm Advanced
Materials Co. Ltd.,
Class A
28,100
89,862
 
Guangdong
Advertising Group
Co. Ltd., Class A
83,700
145,714
 
Guangdong Aofei
Data Technology
Co. Ltd., Class A
58,500
200,120
#
Guangdong
Construction
Engineering
Group Co. Ltd.,
Class A
289,000
158,355
*
Guangdong Create
Century Intelligent
Equipment Group
Corp. Ltd.,
Class A
65,700
84,414

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Guangdong
Dongfang
Precision Science
& Technology Co.
Ltd., Class A
71,200
$183,548
 
Guangdong
Dowstone
Technology Co.
Ltd., Class A
41,300
174,358
 
Guangdong Electric
Power
Development Co.
Ltd., Class A
149,400
105,097
 
Guangdong
Fenghua
Advanced
Technology
Holding Co. Ltd.,
Class A
70,200
206,150
 
Guangdong Haid
Group Co. Ltd.,
Class A
91,500
678,673
*
Guangdong HEC
Technology
Holding Co. Ltd.,
Class A
118,000
462,301
 
Guangdong Hongda
Holdings Group
Co. Ltd., Class A
51,700
364,555
*
Guangdong Jia Yuan
Technology
Shares Co. Ltd.,
Class A
19,008
117,618
 
Guangdong Marubi
Biotechnology Co.
Ltd., Class A
7,100
32,201
 
Guangdong
Provincial
Expressway
Development Co.
Ltd., Class A
154,400
270,902
*
Guangdong Topstar
Technology Co.
Ltd., Class A
21,900
95,255
 
Guangdong
Zhongsheng
Pharmaceutical
Co. Ltd., Class A
36,200
99,731
 
Guanghui Energy
Co. Ltd., Class A
470,600
380,229
*
Guangxi Huaxi
Nonferrous Metal
Co. Ltd., Class A
35,400
282,825
 
 
 
Shares
Value»
CHINA — (Continued)
 
Guangxi Liugong
Machinery Co.
Ltd., Class A
126,700
$207,310
 
Guangzhou Baiyun
International
Airport Co. Ltd.,
Class A
157,800
217,049
 
Guangzhou
Development
Group, Inc.,
Class A
264,400
271,846
*
Guangzhou Great
Power Energy &
Technology Co.
Ltd., Class A
21,300
138,195
 
Guangzhou Haige
Communications
Group, Inc. Co.,
Class A
96,352
242,358
 
Guangzhou Kingmed
Diagnostics Group
Co. Ltd., Class A
20,200
92,920
 
Guangzhou Port Co.
Ltd., Class A
277,300
142,101
 
Guangzhou Shiyuan
Electronic
Technology Co.
Ltd., Class A
31,200
177,390
 
Guangzhou Tinci
Materials
Technology Co.
Ltd., Class A
82,040
480,257
 
Guangzhou Yuexiu
Capital Holdings
Group Co. Ltd.,
Class A
206,204
303,402
 
Guangzhou Zhujiang
Brewery Co. Ltd.,
Class A
94,900
129,291
 
Guizhou Chanhen
Chemical Corp.,
Class A
42,700
258,031
*
Guocheng Mining
Co. Ltd., Class A
42,800
162,717
 
Guosen Securities
Co. Ltd., Class A
186,700
336,722
*
Guosheng
Securities, Inc.,
Class A
124,300
292,807
Ω
Guotai Haitong
Securities Co.
Ltd., Class H
1,771,552
3,770,682
 
Guoyuan Securities
Co. Ltd., Class A
208,440
250,335
 
H World Group Ltd.
(1179 HK)
602,800
2,895,092

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
#
H World Group Ltd.
(HTHT US), ADR
25,939
$1,232,362
 
Haier Smart Home
Co. Ltd. (600690
C1), Class A
240,600
869,415
 
Haier Smart Home
Co. Ltd. (6690
HK), Class H
2,619,400
8,635,420
*
Hainan Development
Holdings Nanhai
Co. Ltd., Class A
21,200
50,622
 
Hainan Jinpan Smart
Technology Co.
Ltd., Class A
24,362
319,442
 
Hainan Mining Co.
Ltd., Class A
98,900
179,482
 
Hainan Strait
Shipping Co. Ltd.,
Class A
139,000
212,193
 
Haisco
Pharmaceutical
Group Co. Ltd.,
Class A
21,200
154,589
 
Hand Enterprise
Solutions Co. Ltd.,
Class A
45,900
174,741
 
Hangcha Group Co.
Ltd., Class A
103,180
411,621
 
Hangzhou Binjiang
Real Estate Group
Co. Ltd., Class A
192,700
321,828
 
Hangzhou Chang
Chuan Technology
Co. Ltd., Class A
18,394
337,238
 
Hangzhou First
Applied Material
Co. Ltd., Class A
106,929
261,775
 
Hangzhou GreatStar
Industrial Co. Ltd.
98,300
486,978
 
Hangzhou Honghua
Digital Technology
Stock Co. Ltd.,
Class A
6,681
74,298
*
Hangzhou Iron &
Steel Co.,
Class A
198,300
257,536
*
Hangzhou Lion
Microelectronics
Co. Ltd., Class A
31,400
191,858
 
Hangzhou Oxygen
Plant Group Co.
Ltd., Class A
79,300
355,619
 
Hangzhou Robam
Appliances Co.
Ltd., Class A
63,021
190,299
 
 
 
Shares
Value»
CHINA — (Continued)
 
Hangzhou
Shunwang
Technology Co.
Ltd., Class A
39,400
$147,229
 
Hangzhou Silan
Microelectronics
Co. Ltd., Class A
80,022
383,243
 
Hangzhou
Zhongheng
Electric Co. Ltd.,
Class A
18,600
83,723
 
Han's Laser
Technology
Industry Group
Co. Ltd., Class A
21,917
152,077
Ω
Hansoh
Pharmaceutical
Group Co. Ltd.
876,000
4,317,078
 
Hanwei Electronics
Group Corp.,
Class A
11,800
94,058
 
Haohua Chemical
Science &
Technology Co.
Ltd., Class A
63,800
341,247
 
Harbin Boshi
Automation Co.
Ltd., Class A
65,850
155,698
 
HBIS Resources Co.
Ltd., Class A
36,300
124,449
*
Hebei Changshan
Biochemical
Pharmaceutical
Co. Ltd., Class A
13,500
107,632
 
Hebei Hengshui
Laobaigan Liquor
Co. Ltd., Class A
17,700
41,103
 
Hebei Sinopack
Electronic
Technology Co.
Ltd., Class A
16,760
191,132
 
Hebei Yangyuan
Zhihui Beverage
Co. Ltd., Class A
80,600
366,537
 
Hefei Meiya
Optoelectronic
Technology, Inc.,
Class A
48,300
142,267
 
Heilongjiang
Agriculture Co.
Ltd., Class A
114,705
288,788
*
Henan Dayou
Energy Co. Ltd.,
Class A
80,000
84,105

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Henan Mingtai Al
Industrial Co. Ltd.,
Class A
95,300
$228,659
 
Henan Pinggao
Electric Co. Ltd.,
Class A
99,800
303,323
 
Henan Shenhuo
Coal Industry &
Electricity Power
Co. Ltd., Class A
205,500
958,726
#
Henan Shijia
Photons
Technology Co.
Ltd., Class A
12,600
166,950
 
Henan Shuanghui
Investment &
Development Co.
Ltd., Class A
180,129
665,636
 
Henan Yuguang
Gold & Lead Co.
Ltd., Class A
84,900
264,106
*
Henan Zhongfu
Industry Co. Ltd.,
Class A
273,100
374,851
 
Hengdian Group
DMEGC
Magnetics Co.
Ltd., Class A
112,121
325,824
 
Hengli
Petrochemical Co.
Ltd., Class A
402,600
1,511,438
 
Hengtong
Optic-electric Co.
Ltd., Class A
141,800
713,349
 
Hengyi
Petrochemical Co.
Ltd., Class A
183,888
319,585
 
Hesteel Co. Ltd.,
Class A
778,953
280,481
 
Hexing Electrical Co.
Ltd., Class A
28,300
159,595
 
Hgtech Co. Ltd.,
Class A
25,900
288,460
 
Hisense Visual
Technology Co.
Ltd., Class A
121,000
432,693
 
Hithink RoyalFlush
Information
Network Co. Ltd.,
Class A
16,481
827,664
 
HLA Group Corp.
Ltd., Class A
572,800
505,269
 
HMT Xiamen New
Technical
Materials Co. Ltd.,
Class A
16,300
182,470
 
 
 
Shares
Value»
CHINA — (Continued)
*
Holitech Technology
Co. Ltd., Class A
420,700
$185,065
 
Hongfa Technology
Co. Ltd., Class A
8,400
34,667
 
Hongta Securities
Co. Ltd., Class A
138,020
162,362
*
Hongyuan Green
Energy Co. Ltd.,
Class A
43,900
175,424
 
Hoshine Silicon
Industry Co. Ltd.,
Class A
39,200
280,103
 
Hoymiles Power
Electronics, Inc.,
Class A
5,776
85,668
* Ω
Hua Hong
Semiconductor
Ltd., Class H
422,000
6,245,050
 
Huaan Securities
Co. Ltd., Class A
345,700
355,646
 
Huada Automotive
Technology Corp.
Ltd., Class A
21,100
156,089
 
Huadong Medicine
Co. Ltd., Class A
98,400
510,793
 
Huafon Chemical
Co. Ltd., Class A
294,683
545,985
#
Huaibei Mining
Holdings Co. Ltd.,
Class A
178,800
322,809
*
Huaihe Energy
Group Co. Ltd.,
Class A
239,300
117,798
 
Hualan Biological
Engineering, Inc.,
Class A
69,200
155,635
 
Huaming Power
Equipment Co.
Ltd., Class A
54,000
231,336
 
Huaneng Power
International, Inc.,
Class H
3,914,000
2,853,710
# Ω
Huatai Securities
Co. Ltd., Class H
1,190,400
2,838,226
 
Huatu Cendes Co.
Ltd., Class A
11,300
125,727
 
Huaxi Securities Co.
Ltd., Class A
175,000
232,093
 
Huaxia Bank Co.
Ltd., Class A
604,256
551,351
 
Huayu Automotive
Systems Co. Ltd.,
Class A
180,300
498,996
 
Hubei Dinglong Co.
Ltd., Class A
44,900
287,816

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Hubei Energy Group
Co. Ltd., Class A
227,983
$151,240
 
Hubei Feilihua
Quartz Glass Co.
Ltd., Class A
19,100
264,276
 
Hubei Jumpcan
Pharmaceutical
Co. Ltd., Class A
68,848
258,253
 
Hubei Xingfa
Chemicals Group
Co. Ltd., Class A
79,300
463,027
 
Hubei Yihua
Chemical Industry
Co. Ltd., Class A
78,700
187,923
 
Hubei Zhenhua
Chemical Co. Ltd.,
Class A
23,800
116,954
 
Hui Lyu Ecological
Technology
Groups Co. Ltd.,
Class A
25,500
106,964
 
Huizhou Desay Sv
Automotive Co.
Ltd., Class A
23,500
413,652
 
Humanwell
Healthcare Group
Co. Ltd., Class A
32,700
86,482
 
Hunan Gold Corp.
Ltd., Class A
61,880
318,924
*
Hunan Kaimeite
Gases Co. Ltd.,
Class A
24,400
73,432
*
Hunan Silver Co.
Ltd., Class A
120,400
314,335
 
Hunan Valin Steel
Co. Ltd., Class A
497,400
447,585
 
Hunan Zhongke
Electric Co. Ltd.,
Class A
40,000
121,936
 
Hundsun
Technologies, Inc.,
Class A
59,229
264,416
*
Hybio
Pharmaceutical
Co. Ltd., Class A
34,900
95,013
*
Hytera
Communications
Corp. Ltd.,
Class A
86,945
135,741
 
IEIT Systems Co.
Ltd., Class A
42,584
383,766
 
Iflytek Co. Ltd.,
Class A
66,700
571,246
 
IKD Co. Ltd.,
Class A
86,900
239,484
 
 
 
Shares
Value»
CHINA — (Continued)
 
Imeik Technology
Development Co.
Ltd., Class A
16,133
$324,403
 
Industrial &
Commercial Bank
of China Ltd.,
Class H
28,097,185
23,306,514
 
Industrial Bank Co.
Ltd., Class A
918,539
2,471,365
 
Industrial Securities
Co. Ltd., Class A
382,148
378,108
 
INESA Intelligent
Tech, Inc.,
Class A
47,000
143,267
 
Infore Environment
Technology Group
Co. Ltd., Class A
233,424
235,758
 
Ingenic
Semiconductor
Co. Ltd., Class A
13,600
280,523
 
Inner Mongolia
BaoTou Steel
Union Co. Ltd.,
Class A
1,386,020
496,564
 
Inner Mongolia
Berun Chemical
Co. Ltd., Class A
263,600
320,549
 
Inner Mongolia Dian
Tou Energy Corp.
Ltd., Class A
242,000
999,441
 
Inner Mongolia
ERDOS
Resources Co.
Ltd., Class A
113,756
257,617
*
Inner Mongolia Furui
Medical Science
Co. Ltd., Class A
11,500
111,688
 
Inner Mongolia
Junzheng Energy
& Chemical
Industry Group
Co. Ltd., Class A
641,503
545,193
 
Inner Mongolia
MengDian
HuaNeng Thermal
Power Corp. Ltd.,
Class A
336,300
235,712
 
Inner Mongolia
Xingye Silver&Tin
Mining Co. Ltd.,
Class A
112,500
948,338
 
Inner Mongolia Yili
Industrial Group
Co. Ltd., Class A
300,400
1,139,011
* Ω
Innovent Biologics,
Inc.
544,500
5,651,951

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Intco Medical
Technology Co.
Ltd., Class A
38,000
$228,849
 
iRay Group, Class A
12,723
216,746
*
IRICO Display
Devices Co. Ltd.,
Class A
274,400
265,579
*
J&T Global Express
Ltd.
1,644,800
2,140,161
*
JA Solar Technology
Co. Ltd., Class A
249,604
406,058
 
Jack Technology Co.
Ltd., Class A
22,200
142,037
 
Jafron Biomedical
Co. Ltd., Class A
51,100
147,237
 
Jason Furniture
Hangzhou Co.
Ltd., Class A
55,480
282,643
 
JCET Group Co.
Ltd., Class A
100,900
717,580
 
JCHX Mining
Management Co.
Ltd., Class A
43,000
484,033
# * Ω
JD Health
International, Inc.
829,900
6,677,072
# * Ω
JD Logistics, Inc.
241,100
344,567
 
JD.com, Inc. (9618
HK), Class A
1,930,621
27,531,876
 
JD.com, Inc. (JD
US), ADR
116,630
3,321,622
 
Jiangsu Azure Corp.,
Class A
67,400
164,626
 
Jiangsu Bojun
Industrial
Technology Co.
Ltd., Class A
24,800
108,207
 
Jiangsu Boqian New
Materials Stock
Co. Ltd., Class A
10,200
136,614
 
Jiangsu
Broadcasting
Cable Information
Network Corp.
Ltd., Class A
316,100
198,237
 
Jiangsu Changshu
Rural Commercial
Bank Co. Ltd.,
Class A
284,806
299,160
 
Jiangsu Cnano
Technology Co.
Ltd., Class A
17,643
116,585
 
Jiangsu Dingsheng
New Energy
Materials Co. Ltd.,
Class A
31,700
77,409
 
 
 
Shares
Value»
CHINA — (Continued)
*
Jiangsu Eastern
Shenghong Co.
Ltd., Class A
246,940
$469,801
 
Jiangsu Etern Co.
Ltd., Class A
45,100
170,622
 
Jiangsu Financial
Leasing Co. Ltd.,
Class A
462,200
423,608
 
Jiangsu Guotai
International
Group Co. Ltd.,
Class A
100,300
127,500
 
Jiangsu Guoxin
Corp. Ltd.,
Class A
88,700
98,540
 
Jiangsu Haili Wind
Power Equipment
Technology Co.
Ltd., Class A
10,000
125,504
 
Jiangsu Hengli
Hydraulic Co. Ltd.,
Class A
44,786
696,886
 
Jiangsu Hengrui
Pharmaceuticals
Co. Ltd., Class A
176,875
1,479,394
 
Jiangsu Hoperun
Software Co. Ltd.,
Class A
19,600
140,682
 
Jiangsu Jiejie
Microelectronics
Co. Ltd., Class A
56,680
285,667
 
Jiangsu King's Luck
Brewery JSC Ltd.,
Class A
78,612
378,834
 
Jiangsu Leili Motor
Co. Ltd., Class A
22,700
171,253
 
Jiangsu Lihua Foods
Group Co. Ltd.
67,900
196,538
 
Jiangsu Nata
Opto-electronic
Material Co. Ltd.,
Class A
32,388
257,456
 
Jiangsu Nhwa
Pharmaceutical
Co. Ltd., Class A
73,600
250,252
 
Jiangsu Pacific
Quartz Co. Ltd.,
Class A
26,252
150,054
 
Jiangsu Phoenix
Publishing &
Media Corp. Ltd.,
Class A
200,300
290,757
 
Jiangsu Shemar
Electric Co. Ltd.,
Class A
18,500
120,752

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Jiangsu Sidike New
Material Science
& Technology Co.
Ltd. (300806 C2),
Class A
26,000
$219,283
 
Jiangsu Xinquan
Automotive Trim
Co. Ltd., Class A
27,200
339,868
 
Jiangsu Yanghe
Distillery Co. Ltd.,
Class A
37,990
302,517
 
Jiangsu Yangnong
Chemical Co. Ltd.,
Class A
61,656
713,568
 
Jiangsu Yoke
Technology Co.
Ltd., Class A
18,462
255,848
 
Jiangsu Yuyue
Medical
Equipment &
Supply Co. Ltd.,
Class A
59,700
342,852
 
Jiangsu Zhongtian
Technology Co.
Ltd., Class A
159,700
511,853
 
Jiangxi Copper Co.
Ltd., Class H
820,000
4,898,827
 
Jiangxi Lianchuang
Optoelectronic
Science &
Technology Co.
Ltd., Class A
12,900
116,800
*
Jiangxi Special
Electric Motor Co.
Ltd., Class A
63,400
84,362
*
Jianshe Industry
Group Yunnan Co.
Ltd., Class A
10,800
37,543
 
Jiaozuo Wanfang
Aluminum
Manufacturing Co.
Ltd., Class A
74,400
142,945
 
Jiayou International
Logistics Co. Ltd.,
Class A
107,996
214,239
*
Jihua Group Corp.
Ltd., Class A
285,000
136,062
 
Jilin Aodong
Pharmaceutical
Group Co. Ltd.,
Class A
84,200
247,625
 
Jilin Electric Power
Co. Ltd., Class A
182,500
178,032
 
Jinduicheng
Molybdenum Co.
Ltd., Class A
261,400
765,177
 
 
 
Shares
Value»
CHINA — (Continued)
 
Jinlongyu Group Co.
Ltd., Class A
14,700
$66,456
 
Jinneng Holding
Shanxi Coal
Industry Co. Ltd.,
Class A
140,700
308,351
 
Jinyu
Bio-Technology
Co. Ltd., Class A
58,400
151,668
 
JiuGui Liquor Co.
Ltd., Class A
11,500
93,847
 
Jizhong Energy
Resources Co.
Ltd., Class A
266,200
214,119
 
Joincare
Pharmaceutical
Group Industry
Co. Ltd., Class A
143,655
241,240
 
Jointown
Pharmaceutical
Group Co. Ltd.,
Class A
280,925
215,087
 
Jones Tech PLC,
Class A
13,900
112,128
 
Juneyao Airlines Co.
Ltd., Class A
206,240
445,765
*
Jushri Technologies,
Inc., Class A
19,500
116,068
 
Kaishan Group Co.
Ltd., Class A
52,300
128,387
 
KE Holdings, Inc.,
Class A
400,700
2,547,296
 
Keboda Technology
Co. Ltd., Class A
11,400
114,160
 
Keda Industrial
Group Co. Ltd.,
Class A
105,200
268,011
 
Kehua Data Co.
Ltd., Class A
29,200
261,898
 
Keli Sensing
Technology
Ningbo Co. Ltd.,
Class A
14,700
141,284
*
KingClean Electric
Co. Ltd., Class A
27,100
126,130
 
Kingfa Sci & Tech
Co. Ltd., Class A
168,600
462,857
 
Kingnet Network Co.
Ltd., Class A
114,100
408,563
 
Kingsemi Co. Ltd.,
Class A
4,797
143,268
 
Konfoong Materials
International Co.
Ltd., Class A
13,800
225,376
Ω
Kuaishou
Technology
2,514,200
25,687,849

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
*
Kuang-Chi
Technologies Co.
Ltd., Class A
30,300
$206,982
*
Kunlun Tech Co.
Ltd., Class A
21,100
168,987
 
Kunshan Huguang
Auto Harness Co.
Ltd., Class A
23,500
98,373
 
Kunshan Kinglai
Hygienic Materials
Co. Ltd., Class A
19,700
151,661
 
Kweichow Moutai
Co. Ltd., Class A
69,260
13,962,176
 
Lakala Payment Co.
Ltd., Class A
42,400
160,527
*
Lanzhou LS Heavy
Equipment Co.
Ltd., Class A
46,000
69,056
 
Lao Feng Xiang Co.
Ltd., Class A
27,700
182,940
 
LB Group Co. Ltd.,
Class A
153,000
487,870
 
Leader Harmonious
Drive Systems Co.
Ltd., Class A
3,212
105,857
 
Lenovo Group Ltd.
9,715,278
10,946,334
 
Lens Technology Co.
Ltd., Class A
208,900
1,089,984
 
Leo Group Co. Ltd.,
Class A
305,600
408,419
 
Lepu Medical
Technology Beijing
Co. Ltd., Class A
70,131
180,514
 
Levima Advanced
Materials Corp.,
Class A
71,200
218,610
 
Leyard
Optoelectronic Co.
Ltd., Class A
143,200
144,667
*
Li Auto, Inc. (2015
HK), Class A
1,065,600
8,905,178
# *
Li Auto, Inc. (LI US),
ADR
105,301
1,751,156
 
Lianhe Chemical
Technology Co.
Ltd., Class A
64,800
163,503
 
Liaoning Cheng Da
Co. Ltd., Class A
71,400
128,495
 
Lingyi iTech
Guangdong Co.,
Class A
280,018
589,707
*
Liuzhou Iron & Steel
Co. Ltd., Class A
109,800
84,122
 
Lizhong Sitong Light
Alloys Group Co.
Ltd., Class A
50,977
175,329
 
 
 
Shares
Value»
CHINA — (Continued)
 
Loncin Motor Co.
Ltd., Class A
130,500
$287,916
*
LONGi Green
Energy
Technology Co.
Ltd., Class A
180,388
464,158
 
Longshine
Technology Group
Co. Ltd., Class A
57,600
143,317
 
Luenmei Quantum
Co. Ltd., Class A
106,600
107,747
 
Luoyang
Xinqianglian
Slewing Bearing
Co. Ltd., Class A
26,500
170,898
 
Luxi Chemical Group
Co. Ltd., Class A
151,900
427,438
 
Luxin Venture
Capital Group Co.
Ltd., Class A
36,272
121,342
 
Luxshare Precision
Industry Co. Ltd.,
Class A
277,124
2,055,040
 
Luzhou Laojiao Co.
Ltd., Class A
83,029
1,441,981
 
Mango Excellent
Media Co. Ltd.,
Class A
145,792
534,101
 
Maxscend
Microelectronics
Co. Ltd., Class A
19,300
217,199
 
Meihua Holdings
Group Co. Ltd.,
Class A
226,400
358,774
 
Meinian Onehealth
Healthcare
Holdings Co. Ltd.,
Class A
280,957
282,396
* Ω
Meituan, Class B
2,895,240
35,792,353
 
Metallurgical Corp.
of China Ltd.,
Class H
221,000
52,282
 
Micro-Tech Nanjing
Co. Ltd., Class A
13,484
154,607
 
Midea Group Co.
Ltd., Class A
274,401
3,064,686
 
Midea Group Co.
Ltd., Class H
137,800
1,510,350
 
Ming Yang Smart
Energy Group
Ltd., Class A
79,304
264,748
 
Minmetals Capital
Co. Ltd., Class A
280,100
232,077
 
Mloptic Corp.,
Class A
1,244
69,923

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
MLS Co. Ltd.,
Class A
110,000
$156,217
# *
MMG Ltd.
3,752,000
4,857,716
 
Montage Technology
Co. Ltd., Class A
11,001
287,145
 
Moon Environment
Technology Co.
Ltd., Class A
39,240
90,741
 
Muyuan Foods Co.
Ltd., Class A
299,157
1,982,489
 
Nanjing Hanrui
Cobalt Co. Ltd.,
Class A
19,900
137,937
 
Nanjing Iron & Steel
Co. Ltd., Class A
670,400
561,381
 
Nanjing King-Friend
Biochemical
Pharmaceutical
Co. Ltd., Class A
100,546
136,901
 
Nanjing Securities
Co. Ltd., Class A
199,300
227,983
*
Nanjing Tanker
Corp., Class A
382,500
202,981
 
Nantong Jianghai
Capacitor Co.
Ltd., Class A
60,600
265,916
 
NARI Technology
Co. Ltd., Class A
387,842
1,402,863
*
National Silicon
Industry Group
Co. Ltd., Class A
91,819
295,977
 
NAURA Technology
Group Co. Ltd.,
Class A
20,250
1,382,681
*
NavInfo Co. Ltd.,
Class A
114,750
174,549
 
NBTM New
Materials Group
Co. Ltd., Class A
42,100
201,239
 
NetEase, Inc. (9999
HK)
624,600
16,195,921
 
NetEase, Inc. (NTES
US), ADR
152,298
19,620,551
 
New China Life
Insurance Co.
Ltd., Class H
987,000
8,025,716
 
New Hope Dairy Co.
Ltd., Class A
57,800
150,881
 
New Hope Liuhe Co.
Ltd., Class A
257,166
334,669
 
Neway Valve
Suzhou Co. Ltd.,
Class A
50,800
442,406
 
Newland Digital
Technology Co.
Ltd., Class A
58,300
228,734
 
 
 
Shares
Value»
CHINA — (Continued)
*
Ninestar Corp.,
Class A
46,551
$141,730
 
Ningbo Boway Alloy
Material Co. Ltd.,
Class A
67,800
191,284
 
Ningbo Huaxiang
Electronic Co.
Ltd., Class A
62,500
297,019
*
Ningbo Jifeng Auto
Parts Co. Ltd.,
Class A
89,900
191,382
 
Ningbo Jintian
Copper Group Co.
Ltd., Class A
124,300
212,750
#
Ningbo Joyson
Electronic Corp.,
Class A
86,200
346,893
 
Ningbo Orient Wires
& Cables Co. Ltd.,
Class A
34,742
276,484
 
Ningbo Ronbay New
Energy
Technology Co.
Ltd., Class A
33,961
148,871
 
Ningbo Sanxing
Medical Electric
Co. Ltd., Class A
108,100
367,891
*
Ningbo Shanshan
Co. Ltd., Class A
83,200
154,008
 
Ningbo Tuopu Group
Co. Ltd., Class A
63,289
656,773
 
Ningbo Xusheng
Group Co. Ltd.,
Class A
74,000
190,584
 
Ningbo Yunsheng
Co. Ltd., Class A
59,700
120,910
 
Ningbo Zhoushan
Port Co. Ltd.,
Class A
406,200
228,534
 
Ningxia Baofeng
Energy Group Co.
Ltd., Class A
355,500
1,215,355
 
Ningxia Orient
Tantalum Industry
Co. Ltd., Class A
19,629
108,272
*
NIO, Inc., Class A
1,189,420
5,670,427
Ω
Nongfu Spring Co.
Ltd., Class H
1,630,200
9,996,978
 
North Copper Co.
Ltd., Class A
117,000
322,135
*
North Industries
Group Red Arrow
Co. Ltd., Class A
58,100
157,709
 
Northeast Securities
Co. Ltd., Class A
176,500
230,530

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Northking
Information
Technology Co.
Ltd., Class A
46,787
$127,864
 
Novoray Corp.,
Class A
13,315
127,973
*
Offcn Education
Technology Co.
Ltd., Class A
200,012
81,075
 
Offshore Oil
Engineering Co.
Ltd., Class A
334,000
320,851
*
OFILM Group Co.
Ltd., Class A
182,900
256,785
 
Olympic Circuit
Technology Co.
Ltd., Class A
27,100
242,637
 
OmniVision
Integrated Circuits
Group, Inc.
50,321
878,328
 
Oppein Home
Group, Inc.,
Class A
38,795
342,413
 
OPT Machine Vision
Tech Co. Ltd.,
Class A
5,291
91,452
 
ORG Technology
Co. Ltd., Class A
191,400
161,359
 
Orient Overseas
International Ltd.
90,000
1,474,485
Ω
Orient Securities Co.
Ltd., Class H
837,600
729,411
 
Oriental Pearl Group
Co. Ltd., Class A
141,200
230,589
*
Ourpalm Co. Ltd.,
Class A
135,300
117,748
 
Ovctek China, Inc.,
Class A
31,226
71,029
*
Pacific Securities
Co. Ltd., Class A
266,700
161,181
 
Pacific Shuanglin
Bio-pharmacy Co.
Ltd., Class A
15,950
31,415
*
Pangang Group
Vanadium
Titanium &
Resources Co.
Ltd., Class A
399,800
219,447
*
PCI Technology
Group Co. Ltd.,
Class A
144,400
142,644
*
PDD Holdings, Inc.,
ADR
496,648
50,186,280
*
Pengxin International
Mining Co. Ltd.,
Class A
134,500
193,687
 
 
 
Shares
Value»
CHINA — (Continued)
 
People.cn Co. Ltd.,
Class A
44,600
$156,855
 
People's Insurance
Co. Group of
China Ltd. ,
Class H
8,839,000
7,685,781
 
Perfect World Co.
Ltd., Class A
64,785
175,469
#
PetroChina Co. Ltd.,
Class H
18,814,000
22,350,259
#
PICC Property &
Casualty Co. Ltd.,
Class H
5,617,198
11,628,701
 
Ping An Bank Co.
Ltd., Class A
723,500
1,127,594
 
Ping An Insurance
Group Co. of
China Ltd.,
Class H
4,781,000
44,345,438
 
Pingdingshan Tianan
Coal Mining Co.
Ltd., Class A
208,000
256,989
 
POCO Holding Co.
Ltd., Class A
13,200
150,251
*
Polaris Bay Group
Co. Ltd., Class A
60,800
59,382
 
Poly Developments
& Holdings Group
Co. Ltd., Class A
394,800
386,847
# Ω
Pop Mart
International
Group Ltd.
456,000
13,035,464
Ω
Postal Savings Bank
of China Co. Ltd.,
Class H
7,215,000
4,704,196
 
Power Construction
Corp. of China
Ltd., Class A
1,073,311
874,342
 
Pylon Technologies
Co. Ltd., Class A
13,174
114,944
*
Qi An Xin
Technology
Group, Inc.,
Class A
36,567
195,613
 
Qingdao East Steel
Tower Stock Co.
Ltd., Class A
75,600
300,080
 
Qingdao Gon
Technology Co.
Ltd., Class A
17,400
146,968
 
Qingdao Huicheng
Environmental
Technology Group
Co. Ltd., Class A
6,900
97,108

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Qingdao Rural
Commercial Bank
Corp., Class A
379,429
$171,466
 
Qingdao Sentury
Tire Co. Ltd.,
Class A
83,400
245,678
 
Qingdao TGOOD
Electric Co. Ltd.,
Class A
54,800
212,093
*
Qinghai Salt Lake
Industry Co. Ltd.,
Class A
201,400
950,237
*
QuantumCTek Co.
Ltd., Class A
1,626
145,413
 
Quectel Wireless
Solutions Co. Ltd.,
Class A
17,000
225,441
*
Quzhou Xin'an
Development Co.
Ltd., Class A
395,200
210,487
 
Range Intelligent
Computing
Technology Group
Co. Ltd., Class A
40,000
470,003
 
Raytron Technology
Co. Ltd., Class A
21,575
350,525
 
Red Avenue New
Materials Group
Co. Ltd., Class A
27,239
223,401
*
Risen Energy Co.
Ltd., Class A
64,900
186,257
 
Riyue Heavy
Industry Co. Ltd.,
Class A
62,600
125,052
 
RoboTechnik
Intelligent
Technology Co.
Ltd., Class A
4,300
235,461
 
Rockchip Electronics
Co. Ltd., Class A
9,100
249,940
*
RongFa Nuclear
Equipment Co.
Ltd., Class A
75,000
80,556
 
Rongsheng
Petrochemical Co.
Ltd., Class A
521,394
1,106,483
*
Roshow Technology
Co. Ltd., Class A
107,382
132,972
*
Sai Micro
Electronics, Inc.,
Class A
29,700
222,651
 
SAIC Motor Corp.
Ltd., Class A
214,845
436,824
 
Sailun Group Co.
Ltd., Class A
250,100
570,135
 
 
 
Shares
Value»
CHINA — (Continued)
 
Sanan
Optoelectronics
Co. Ltd., Class A
211,300
$491,202
 
Sangfor
Technologies, Inc.,
Class A
11,400
262,602
 
Sany Heavy Industry
Co. Ltd., Class A
286,434
903,635
 
Satellite Chemical
Co. Ltd., Class A
303,861
1,064,410
 
SDIC Capital Co.
Ltd., Class A
283,004
313,099
 
SDIC Power
Holdings Co. Ltd.,
Class A
285,800
524,250
 
Sealand Securities
Co. Ltd., Class A
313,590
192,253
*
Seazen Holdings
Co. Ltd., Class A
99,000
251,942
 
Seres Group Co.
Ltd., Class A
57,600
864,098
 
SF Holding Co. Ltd.,
Class A
294,361
1,588,434
 
SF Holding Co. Ltd.,
Class H
12,200
55,546
 
SG Micro Corp.,
Class A
12,969
140,858
*
Shaanxi Aerospace
Power Hi-Tech
Co. Ltd., Class A
17,400
90,857
 
Shaanxi Beiyuan
Chemical Industry
Group Co. Ltd.,
Class A
267,410
167,024
 
Shaanxi Coal
Industry Co. Ltd.,
Class A
567,700
1,818,394
 
Shaanxi
Construction
Engineering
Group Corp. Ltd.,
Class A
261,800
136,474
 
Shan Xi Hua Yang
Group New
Energy Co. Ltd.,
Class A
239,450
326,113
 
Shandong Buchang
Pharmaceuticals
Co. Ltd., Class A
69,400
169,916
 
Shandong Dongyue
Silicone Material
Co. Ltd., Class A
61,632
108,428
Ω
Shandong Gold
Mining Co. Ltd.,
Class H
723,500
3,888,075

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shandong Himile
Mechanical
Science &
Technology Co.
Ltd., Class A
70,200
$842,411
 
Shandong Hi-speed
Co. Ltd., Class A
103,100
148,717
 
Shandong Hualu
Hengsheng
Chemical Co. Ltd.,
Class A
139,650
753,929
 
Shandong Humon
Smelting Co. Ltd.,
Class A
92,100
263,697
 
Shandong Linglong
Tyre Co. Ltd.,
Class A
105,800
229,382
 
Shandong Nanshan
Aluminum Co.
Ltd., Class A
760,210
797,241
 
Shandong
Publishing &
Media Co. Ltd.,
Class A
95,200
125,939
 
Shandong Sun
Paper Industry
JSC Ltd., Class A
265,450
641,926
 
Shandong Weifang
Rainbow Chemical
Co. Ltd., Class A
19,800
236,669
*
Shanghai Aerospace
Automobile
Electromechanical
Co. Ltd., Class A
24,900
54,027
*
Shanghai Aiko Solar
Energy Co. Ltd.,
Class A
47,200
92,326
 
Shanghai Allist
Pharmaceuticals
Co. Ltd., Class A
27,587
391,232
 
Shanghai AtHub Co.
Ltd., Class A
46,500
250,279
 
Shanghai Bailian
Group Co. Ltd.,
Class A
116,800
153,719
 
Shanghai Bairun
Investment
Holding Group Co.
Ltd., Class A
58,936
173,131
 
Shanghai Baosight
Software Co. Ltd.,
Class A
106,718
350,609
 
Shanghai Belling Co.
Ltd., Class A
33,000
156,125
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shanghai BOCHU
Electronic
Technology Corp.
Ltd., Class A
14,480
$315,521
 
Shanghai
Chinafortune Co.
Ltd., Class A
61,600
147,461
 
Shanghai
Construction
Group Co. Ltd.,
Class A
635,276
272,324
 
Shanghai Daimay
Automotive
Interior Co. Ltd.,
Class A
101,800
149,227
*
Shanghai DZH Ltd.,
Class A
57,500
104,943
# *
Shanghai Electric
Group Co. Ltd.,
Class H
2,092,000
1,123,859
 
Shanghai Electric
Power Co. Ltd.,
Class A
150,900
461,956
*
Shanghai Feilo
Acoustics Co.
Ltd., Class A
78,000
91,951
 
Shanghai Fosun
Pharmaceutical
Group Co. Ltd.,
Class H
17,500
45,727
 
Shanghai Huace
Navigation
Technology Ltd.,
Class A
25,060
139,896
 
Shanghai Huafon
Aluminium Corp.,
Class A
80,800
305,123
 
Shanghai Huayi
Group Co. Ltd.,
Class A
131,700
190,595
 
Shanghai
International
Airport Co. Ltd.,
Class A
50,300
222,839
 
Shanghai Jahwa
United Co. Ltd.,
Class A
39,300
118,330
 
Shanghai Jinjiang
International
Hotels Co. Ltd.,
Class A
75,200
294,703
 
Shanghai Lingang
Holdings Corp.
Ltd., Class A
138,760
234,382

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shanghai Lujiazui
Finance & Trade
Zone
Development Co.
Ltd., Class A
81,020
$95,587
 
Shanghai M&G
Stationery, Inc.,
Class A
48,369
192,674
 
Shanghai
Mechanical &
Electrical Industry
Co. Ltd., Class A
52,000
202,736
*
Shanghai Milkground
Food Tech Co.
Ltd., Class A
8,600
28,247
#
Shanghai Moons'
Electric Co. Ltd.,
Class A
10,400
104,247
 
Shanghai Pret
Composites Co.
Ltd., Class A
58,700
152,322
 
Shanghai Pudong
Development
Bank Co. Ltd.,
Class A
882,471
1,274,482
 
Shanghai Putailai
New Energy
Technology Group
Co. Ltd.
77,056
305,170
 
Shanghai RAAS
Blood Products
Co. Ltd., Class A
289,900
262,792
 
Shanghai Rural
Commercial Bank
Co. Ltd., Class A
331,200
409,273
 
Shanghai Shyndec
Pharmaceutical
Co. Ltd., Class A
68,200
104,356
 
Shanghai Sinyang
Semiconductor
Materials Co. Ltd.,
Class A
12,800
143,648
*
Shanghai Stonehill
Technology Co.
Ltd., Class A
222,300
312,803
 
Shanghai Tunnel
Engineering Co.
Ltd., Class A
245,100
239,333
 
Shanghai Vital
Microtech Co.
Ltd.
57,500
156,726
 
Shanghai Yuyuan
Tourist Mart Group
Co. Ltd., Class A
260,619
209,593
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shanghai
Zhangjiang
High-Tech Park
Development Co.
Ltd., Class A
77,100
$460,544
 
Shanghai Zhenhua
Heavy Industries
Co. Ltd., Class A
223,800
164,688
 
Shanghai Zhonggu
Logistics Co. Ltd.,
Class A
153,299
225,540
 
Shanjin International
Gold Co. Ltd.,
Class A
195,817
943,811
 
Shannon
Semiconductor
Technology Co.
Ltd., Class A
17,600
422,988
 
Shantui Construction
Machinery Co.
Ltd., Class A
94,700
168,755
 
Shanxi Coal
International
Energy Group Co.
Ltd., Class A
174,200
282,408
 
Shanxi Coking Coal
Energy Group Co.
Ltd., Class A
387,630
407,571
 
Shanxi Lu'an
Environmental
Energy
Development Co.
Ltd., Class A
219,930
431,901
*
Shanxi Meijin
Energy Co. Ltd.,
Class A
292,517
212,673
 
Shanxi Securities
Co. Ltd., Class A
231,280
201,381
*
Shanxi Taigang
Stainless Steel
Co. Ltd., Class A
323,500
242,970
 
Shanxi Xinghuacun
Fen Wine Factory
Co. Ltd., Class A
51,107
1,255,955
 
Sharetronic Data
Technology Co.
Ltd., Class A
14,380
469,717
 
Shede Spirits Co.
Ltd., Class A
26,300
213,067
 
Shenergy Co. Ltd.,
Class A
247,400
296,562
 
Shengda Resources
Co. Ltd., Class A
35,900
301,003
 
Shenghe Resources
Holding Co. Ltd.,
Class A
80,000
307,144

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shengyi Electronics
Co. Ltd., Class A
10,225
$129,591
 
Shengyi Technology
Co. Ltd., Class A
59,100
584,079
 
Shennan Circuits
Co. Ltd., Class A
20,906
698,581
Ω
Shenwan Hongyuan
Group Co. Ltd.,
Class H
1,699,200
680,214
 
Shenyang Xingqi
Pharmaceutical
Co. Ltd., Class A
13,300
134,362
 
Shenzhen
Agricultural Power
Group Co. Ltd.,
Class A
101,200
141,193
 
Shenzhen Airport
Co. Ltd., Class A
135,900
141,594
 
Shenzhen Aisidi Co.
Ltd., Class A
83,700
154,074
 
Shenzhen Capchem
Technology Co.
Ltd., Class A
47,840
348,933
*
Shenzhen Clou
Electronics Co.
Ltd., Class A
48,000
62,711
 
Shenzhen Energy
Group Co. Ltd.,
Class A
233,319
228,263
 
Shenzhen Envicool
Technology Co.
Ltd., Class A
30,455
468,874
 
Shenzhen Everwin
Precision
Technology Co.
Ltd., Class A
77,700
431,751
 
Shenzhen Fastprint
Circuit Tech Co.
Ltd., Class A
67,500
228,333
 
Shenzhen Forms
Syntron
Information Co.
Ltd., Class A
15,800
72,592
 
Shenzhen Fortune
Trend Technology
Co. Ltd., Class A
6,322
122,515
 
Shenzhen FRD
Science &
Technology Co.
Ltd., Class A
30,700
153,962
 
Shenzhen Gas Corp.
Ltd., Class A
153,700
152,409
 
Shenzhen Goodix
Technology Co.
Ltd., Class A
16,200
188,240
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shenzhen H&T
Intelligent Control
Co. Ltd., Class A
34,700
$187,381
 
Shenzhen Honor
Electronic Co.
Ltd., Class A
5,300
188,688
 
Shenzhen Hopewind
Electric Co. Ltd.,
Class A
27,000
115,449
 
Shenzhen Huaqiang
Industry Co. Ltd.,
Class A
54,600
205,357
*
Shenzhen Infogem
Technologies Co.
Ltd., Class A
9,300
51,654
 
Shenzhen Inovance
Technology Co.
Ltd., Class A
40,500
435,514
 
Shenzhen Kaifa
Technology Co.
Ltd., Class A
83,800
391,302
 
Shenzhen Kangtai
Biological
Products Co. Ltd.,
Class A
74,020
166,478
 
Shenzhen Kedali
Industry Co. Ltd.,
Class A
16,766
372,704
*
Shenzhen Kingdom
Sci-Tech Co. Ltd.,
Class A
46,700
104,316
 
Shenzhen Kinwong
Electronic Co.
Ltd., Class A
74,464
686,768
 
Shenzhen Kstar
Science &
Technology Co.
Ltd., Class A
34,000
274,436
 
Shenzhen Megmeet
Electrical Co. Ltd.,
Class A
21,400
388,512
 
Shenzhen Mindray
Bio-Medical
Electronics Co.
Ltd., Class A
44,873
1,221,374
 
Shenzhen MTC Co.
Ltd., Class A
377,400
526,196
 
Shenzhen New
Industries
Biomedical
Engineering Co.
Ltd., Class A
41,000
317,915
*
Shenzhen Overseas
Chinese Town Co.
Ltd., Class A
530,480
209,301

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Shenzhen Salubris
Pharmaceuticals
Co. Ltd., Class A
40,500
$273,433
 
Shenzhen SC New
Energy
Technology Corp.,
Class A
23,459
465,051
 
Shenzhen SED
Industry Co. Ltd.,
Class A
62,800
187,804
 
Shenzhen Senior
Technology
Material Co. Ltd.,
Class A
93,752
186,669
 
Shenzhen Sunlord
Electronics Co.
Ltd., Class A
53,300
301,840
 
Shenzhen Sunway
Communication
Co. Ltd., Class A
51,200
588,132
 
Shenzhen Topband
Co. Ltd., Class A
64,000
118,135
 
Shenzhen Transsion
Holdings Co. Ltd.,
Class A
55,124
459,514
 
Shenzhen Woer
Heat-Shrinkable
Material Co. Ltd.,
Class A
65,400
253,910
 
Shenzhen Yan Tian
Port Holding Co.
Ltd., Class A
224,100
147,722
 
Shenzhen Yinghe
Technology Co.
Ltd., Class A
41,400
163,150
*
Shenzhen Yitoa
Intelligent Control
Co. Ltd., Class A
30,700
64,219
*
Shenzhen Ysstech
Info-tech Co. Ltd.,
Class A
20,212
60,904
 
Shenzhen YUTO
Packaging
Technology Co.
Ltd., Class A
74,571
310,085
 
Shenzhen Zhaowei
Machinery &
Electronic Co.
Ltd., Class A
6,200
104,351
 
Shenzhen Zhongjin
Lingnan Nonfemet
Co. Ltd., Class A
304,014
331,996
 
Shenzhou
International
Group Holdings
Ltd.
778,900
6,194,869
 
 
 
Shares
Value»
CHINA — (Continued)
*
Shida Shinghwa
Advanced Material
Group Co. Ltd.,
Class A
12,000
$115,274
*
Shijiazhuang
Changshan
BeiMing
Technology Co.
Ltd., Class A
55,600
159,823
 
Shijiazhuang Yiling
Pharmaceutical
Co. Ltd., Class A
74,056
187,186
*
Siasun Robot &
Automation Co.
Ltd., Class A
53,400
133,307
 
Sichuan Changhong
Electric Co. Ltd.,
Class A
222,305
311,745
 
Sichuan Chuantou
Energy Co. Ltd.,
Class A
183,800
368,223
 
Sichuan
Development
Lomon Co. Ltd.,
Class A
115,700
204,970
 
Sichuan EM
Technology Co.
Ltd., Class A
57,500
235,149
*
Sichuan Hebang
Biotechnology Co.
Ltd., Class A
625,500
227,816
*
Sichuan Hexie
Shuangma Co.
Ltd., Class A
45,400
176,399
*
Sichuan Hongda Co.
Ltd., Class A
62,800
145,774
 
Sichuan Jiuzhou
Electric Co. Ltd.,
Class A
40,500
90,750
 
Sichuan Kelun
Pharmaceutical
Co. Ltd., Class A
107,801
480,157
*
Sichuan
Kelun-Biotech
Biopharmaceutical
Co. Ltd., Class H
18,100
963,596
 
Sichuan New Energy
Power Co. Ltd.,
Class A
100,400
179,449
 
Sichuan Road &
Bridge Group Co.
Ltd., Class A
429,140
599,478
 
Sichuan Swellfun
Co. Ltd., Class A
33,400
200,097

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Sichuan Yahua
Industrial Group
Co. Ltd., Class A
60,500
$214,947
 
Sineng Electric Co.
Ltd., Class A
23,600
125,904
 
Sino
Biopharmaceutical
Ltd.
10,703,500
9,081,982
 
Sinofibers
Technology Co.
Ltd., Class A
26,900
171,748
 
Sinolink Securities
Co. Ltd., Class A
166,800
223,755
 
Sinoma International
Engineering Co.,
Class A
221,900
364,317
 
Sinoma Science &
Technology Co.
Ltd., Class A
79,594
491,564
*
Sinomach Heavy
Equipment Group
Co. Ltd., Class A
236,400
173,737
 
Sinomach Precision
Industry Group
Co. Ltd., Class A
23,800
153,637
 
Sinomine Resource
Group Co. Ltd.,
Class A
26,700
324,475
 
Sino-Platinum
Metals Co. Ltd.,
Class A
57,200
188,781
 
Sinosoft Co. Ltd.,
Class A
38,392
107,949
 
Sinotruk Jinan Truck
Co. Ltd., Class A
89,500
243,351
 
Skshu Paint Co.
Ltd., Class A
31,289
255,977
 
Skyworth Digital Co.
Ltd., Class A
50,700
84,739
Ω
Smoore International
Holdings Ltd.
674,000
973,294
 
Songcheng
Performance
Development Co.
Ltd., Class A
162,900
199,977
 
SooChow Securities
Co. Ltd., Class A
317,350
437,203
 
Southwest Securities
Co. Ltd., Class A
320,536
211,307
 
SPIC
Industry-Finance
Holdings Co. Ltd.,
Class A
162,300
152,163
 
Spring Airlines Co.
Ltd., Class A
52,800
426,986
 
 
 
Shares
Value»
CHINA — (Continued)
 
StarPower
Semiconductor
Ltd., Class A
14,860
$236,586
 
State Grid
Information &
Communication
Co. Ltd., Class A
70,300
196,061
 
State Grid Yingda
Co. Ltd., Class A
211,600
203,168
 
STO Express Co.
Ltd., Class A
117,700
217,569
 
Sungrow Power
Supply Co. Ltd.,
Class A
77,820
1,690,594
 
Sunny Optical
Technology Group
Co. Ltd.
76,300
611,435
 
Sunresin New
Materials Co. Ltd.,
Class A
25,400
245,629
 
Sunshine Guojian
Pharmaceutical
Shanghai Co. Ltd.,
Class A
5,234
45,303
 
Suntak Technology
Co. Ltd., Class A
90,300
192,983
 
Sunwoda Electronic
Co. Ltd., Class A
60,600
204,397
 
SUPCON
Technology Co.
Ltd., Class A
26,443
318,539
 
Suzhou Dongshan
Precision
Manufacturing Co.
Ltd., Class A
145,400
1,621,781
 
Suzhou Maxwell
Technologies Co.
Ltd., Class A
15,661
700,017
 
Suzhou TFC Optical
Communication
Co. Ltd., Class A
31,360
1,116,409
 
Suzhou Veichi
Electric Co. Ltd.,
Class A
9,064
123,089
*
Suzhou Zelgen
Biopharmaceutical
Co. Ltd., Class A
7,983
101,188
 
T&S
Communications
Co. Ltd., Class A
10,800
193,811
 
Taiji Computer Corp.
Ltd., Class A
35,700
124,267
*
Talkweb Information
System Co. Ltd.,
Class A
26,200
119,048

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
TangShan Port
Group Co. Ltd.,
Class A
531,500
$327,420
 
Tasly
Pharmaceutical
Group Co. Ltd.,
Class A
119,940
260,630
 
TBEA Co. Ltd.,
Class A
291,720
1,135,439
 
TCL Technology
Group Corp.,
Class A
1,182,998
827,044
 
TCL Zhonghuan
Renewable
Energy
Technology Co.
Ltd., Class A
176,325
238,656
 
TDG Holdings Co.
Ltd., Class A
75,100
146,405
 
Tencent Holdings
Ltd.
2,750,400
211,400,696
 
Tencent Music
Entertainment
Group, ADR
557,494
9,354,749
 
Thunder Software
Technology Co.
Ltd., Class A
15,500
167,836
 
Tian Di Science &
Technology Co.
Ltd., Class A
381,520
331,191
*
Tianfeng Securities
Co. Ltd., Class A
454,300
269,840
*
Tianjin 712
Communication &
Broadcasting Co.
Ltd., Class A
35,555
100,889
 
Tianjin
Pharmaceutical
Da Re Tang
Group Corp. Ltd.,
Class A
26,400
169,272
 
Tianjin Port Co. Ltd.,
Class A
173,804
120,791
*
Tianma
Microelectronics
Co. Ltd., Class A
79,055
110,362
 
Tianneng Battery
Group Co. Ltd.,
Class A
23,919
116,685
*
Tianqi Lithium Corp.,
Class H
87,400
545,788
 
Tianshan Aluminum
Group Co. Ltd.,
Class A
367,400
985,260
*
TianShan Material
Co. Ltd., Class A
208,900
170,011
 
 
 
Shares
Value»
CHINA — (Continued)
 
Tianshui Huatian
Technology Co.
Ltd., Class A
229,800
$500,203
 
Tibet Cheezheng
Tibetan Medicine
Co. Ltd., Class A
10,300
35,473
 
Tibet Huayu Mining
Co. Ltd., Class A
44,300
212,711
 
Tibet Mineral
Development Co.
Ltd., Class A
18,500
71,085
 
Tibet Rhodiola
Pharmaceutical
Holding Co.,
Class A
17,210
104,982
 
Tinergy Chemical
Co. Ltd., Class A
245,035
184,379
 
TongFu
Microelectronics
Co. Ltd., Class A
117,200
881,311
 
Tonghua Dongbao
Pharmaceutical
Co. Ltd., Class A
111,500
145,224
*
Tonghua
Golden-Horse
Pharmaceutical
Industry Co. Ltd.,
Class A
26,800
99,098
 
Tongkun Group Co.
Ltd., Class A
147,609
464,267
 
Tongling Jingda
Special Magnet
Wire Co. Ltd.,
Class A
120,200
238,483
 
Tongling Nonferrous
Metals Group Co.
Ltd., Class A
1,010,500
1,181,321
*
Tongwei Co. Ltd.,
Class A
184,500
483,013
 
Topchoice Medical
Corp., Class A
26,811
177,448
 
Transfar Zhilian Co.
Ltd., Class A
165,100
158,477
*
Trina Solar Co. Ltd.,
Class A
102,709
277,354
 
Trip.com Group Ltd.
(9961 HK)
169,650
10,412,373
#
Trip.com Group Ltd.
(TCOM US), ADR
293,024
17,982,883
*
TRS Information
Technology Corp.
Ltd., Class A
31,500
103,617
*
Tsinghua Tongfang
Co. Ltd., Class A
160,300
214,815
 
Tsingtao Brewery
Co. Ltd., Class H
74,000
468,309

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
TSP Wind Power
Group Co. Ltd.
38,600
$76,126
 
Unigroup Guoxin
Microelectronics
Co. Ltd., Class A
21,199
255,424
 
Unisplendour Corp.
Ltd., Class A
112,760
405,678
 
Universal Scientific
Industrial
Shanghai Co. Ltd.,
Class A
95,989
467,035
 
Valiant Co. Ltd.,
Class A
60,400
148,541
*
Venustech Group,
Inc., Class A
40,400
82,369
*
Verisilicon
Microelectronics
Shanghai Co. Ltd.,
Class A
5,590
177,525
 
Victory Giant
Technology
Huizhou Co. Ltd.,
Class A
56,100
2,116,702
 
Vipshop Holdings
Ltd., ADR
46,550
796,471
 
Visual China Group
Co. Ltd., Class A
24,800
93,758
 
Walvax
Biotechnology Co.
Ltd., Class A
91,600
166,525
*
Wanda Film Holding
Co. Ltd., Class A
123,900
211,006
 
Wangfujing Group
Co. Ltd., Class A
70,500
147,051
 
Wangsu Science &
Technology Co.
Ltd., Class A
138,500
329,313
 
Wanhua Chemical
Group Co. Ltd.,
Class A
180,000
2,279,230
 
Wanxiang Qianchao
Co. Ltd., Class A
184,000
455,055
 
Wasu Media Holding
Co. Ltd., Class A
99,500
124,600
 
Weaver Network
Technology Co.
Ltd., Class A
10,000
94,982
 
Weichai Power Co.
Ltd., Class H
2,380,800
8,070,026
 
Weifu
High-Technology
Group Co. Ltd.,
Class A
48,000
147,626
 
Weihai Guangwei
Composites Co.
Ltd., Class A
40,326
231,757
 
 
 
Shares
Value»
CHINA — (Continued)
 
Wens Foodstuff
Group Co. Ltd.,
Class A
364,360
$817,764
 
Western Mining Co.
Ltd., Class A
168,200
847,274
 
Western Region
Gold Co. Ltd.,
Class A
35,800
216,206
 
Western Securities
Co. Ltd., Class A
238,600
274,824
 
Western
Superconducting
Technologies Co.
Ltd., Class A
29,292
356,841
 
Wharf Holdings Ltd.
122,000
394,472
 
Willfar Information
Technology Co.
Ltd., Class A
25,730
151,601
 
Windey Energy
Technology Group
Co. Ltd., Class A
33,600
94,091
*
Wingtech
Technology Co.
Ltd., Class A
56,948
322,304
 
Winner Medical Co.
Ltd., Class A
43,677
222,641
 
Winning Health
Technology Group
Co. Ltd., Class A
125,560
199,719
 
Wolong Electric
Group Co. Ltd.,
Class A
99,740
630,679
 
Wuchan Zhongda
Group Co. Ltd.,
Class A
358,650
301,719
 
Wuhan Dr. Laser
Technology Corp.
Ltd., Class A
16,100
203,819
*
Wuhan Guide
Infrared Co. Ltd.,
Class A
44,693
106,765
*
Wuhan Jingce
Electronic Group
Co. Ltd., Class A
9,800
186,803
 
Wuhan Raycus Fiber
Laser
Technologies Co.
Ltd., Class A
26,200
115,161
 
Wuhu Token Science
Co. Ltd., Class A
173,000
157,966
 
Wuliangye Yibin Co.
Ltd., Class A
214,406
3,236,674
 
WUS Printed Circuit
Kunshan Co. Ltd.,
Class A
117,900
1,179,226

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
Ω
WuXi AppTec Co.
Ltd., Class H
356,660
$5,075,288
 
Wuxi Autowell
Technology Co.
Ltd., Class A
10,002
136,946
* Ω
Wuxi Biologics
Cayman, Inc.
2,908,000
13,761,672
 
Wuxi Huaguang
Environment &
Energy Group Co.
Ltd., Class A
10,700
32,323
 
Wuxi Lead Intelligent
Equipment Co.
Ltd., Class A
31,400
260,945
 
Wuxi NCE Power
Co. Ltd., Class A
21,100
139,775
 
Wuxi Taiji Industry
Ltd. Co., Class A
165,700
267,384
*
WuXi XDC Cayman,
Inc.
111,000
891,786
 
XCMG Construction
Machinery Co.
Ltd., Class A
616,070
952,125
 
XGD, Inc., Class A
31,000
118,688
 
Xiamen Amoytop
Biotech Co. Ltd.,
Class A
21,336
233,420
 
Xiamen Bank Co.
Ltd., Class A
213,800
215,429
 
Xiamen C & D, Inc.,
Class A
147,200
202,070
 
Xiamen Changelight
Co. Ltd., Class A
25,000
135,947
 
Xiamen Faratronic
Co. Ltd., Class A
17,000
265,811
*
Xiamen Hongxin
Electronics
Technology
Group, Inc.,
Class A
17,700
79,021
 
Xiamen Intretech,
Inc., Class A
40,100
115,640
 
Xiamen ITG Group
Corp. Ltd.,
Class A
117,600
118,315
 
Xiamen Tungsten
Co. Ltd., Class A
119,680
961,612
 
Xiamen Xiangyu Co.
Ltd., Class A
166,300
203,455
 
Xi'an Bright Laser
Technologies Co.
Ltd., Class A
12,047
193,140
 
Xi'An Shaangu
Power Co. Ltd.,
Class A
114,900
176,310
 
 
 
Shares
Value»
CHINA — (Continued)
 
Xi'an Triangle
Defense Co. Ltd.,
Class A
25,000
$137,118
*
Xiangcai Co. Ltd.,
Class A
122,300
193,231
*
Xiangtan Electric
Manufacturing Co.
Ltd., Class A
63,200
130,036
 
Xianhe Co. Ltd.,
Class A
54,500
192,361
* Ω
Xiaomi Corp.,
Class B
6,805,800
30,806,924
 
Xinfengming Group
Co. Ltd., Class A
138,600
416,119
 
Xinhuanet Co. Ltd.,
Class A
33,900
121,995
*
Xinjiang Zhongtai
Chemical Co. Ltd.,
Class A
195,500
197,234
 
Xinxiang Richful
Lube Additive Co.
Ltd., Class A
20,300
176,757
 
Xinxing Ductile Iron
Pipes Co. Ltd.,
Class A
260,600
189,479
*
Xizang Tianlu Co.
Ltd., Class A
47,400
73,597
 
Xizang Zhufeng
Resources Co.
Ltd., Class A
45,100
121,391
 
Xizi Clean Energy
Equipment
Manufacturing Co.
Ltd., Class A
32,500
79,638
*
XPeng, Inc.,
Class A
806,800
7,262,490
 
Xuji Electric Co. Ltd.,
Class A
72,200
310,207
 
Yangzhou Yangjie
Electronic
Technology Co.
Ltd., Class A
32,800
408,804
 
Yankershop Food
Co. Ltd., Class A
13,800
135,244
 
Yankuang Energy
Group Co. Ltd.,
Class H
3,732,300
5,437,704
 
Yantai China Pet
Foods Co. Ltd.,
Class A
18,900
135,263
 
Yantai Eddie
Precision
Machinery Co.
Ltd., Class A
49,800
158,720

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Yantai Jereh Oilfield
Services Group
Co. Ltd., Class A
69,255
$880,018
 
Yantai Zhenghai
Magnetic Material
Co. Ltd., Class A
40,401
101,707
 
YD Electronic
Technology Co.
Ltd., Class A
6,100
55,534
 
Yealink Network
Technology Corp.
Ltd., Class A
75,576
417,173
 
Yifeng Pharmacy
Chain Co. Ltd.,
Class A
89,480
307,614
 
Yonfer Agricultural
Technology Co.
Ltd., Class A
103,600
260,920
*
Yonghui Superstores
Co. Ltd., Class A
249,500
158,125
 
YongXing Special
Materials
Technology Co.
Ltd., Class A
22,170
158,999
*
Yonyou Network
Technology Co.
Ltd., Class A
61,900
134,921
 
Youngor Fashion Co.
Ltd., Class A
231,604
245,051
 
Youngy Co. Ltd.,
Class A
9,200
71,888
 
YTO Express Group
Co. Ltd., Class A
218,962
531,717
 
Yuan Longping
High-tech
Agriculture Co.
Ltd., Class A
39,810
60,156
 
Yum China Holdings,
Inc. (9987 HK)
121,100
6,021,406
 
Yum China Holdings,
Inc. (YUMC US)
240,624
11,891,638
 
YUNDA Holding
Group Co. Ltd.,
Class A
236,490
233,436
 
Yunnan Aluminium
Co. Ltd., Class A
320,700
1,534,468
 
Yunnan Baiyao
Group Co. Ltd.,
Class A
53,840
430,902
 
Yunnan Chihong
Zinc&Germanium
Co. Ltd., Class A
593,900
830,090
 
Yunnan Copper Co.
Ltd., Class A
223,600
838,407
 
 
 
Shares
Value»
CHINA — (Continued)
*
Yunnan Energy New
Material Group
Co. Ltd., Class A
36,362
$266,795
 
Yunnan Lincang
Xinyuan
Germanium
Industrial Co. Ltd.,
Class A
25,900
129,521
 
Yunnan Tin Co. Ltd.,
Class A
166,800
936,340
 
Yunnan Yuntianhua
Co. Ltd., Class A
103,600
569,421
 
Yusys Technologies
Co. Ltd., Class A
38,100
123,394
 
Zangge Mining Co.
Ltd., Class A
57,600
714,923
 
Zhangzhou
Pientzehuang
Pharmaceutical
Co. Ltd., Class A
22,250
513,510
 
Zhaojin Mining
Industry Co. Ltd.,
Class H
1,272,000
5,594,483
 
Zhefu Holding Group
Co. Ltd., Class A
354,923
248,183
*
Zhejiang Century
Huatong Group
Co. Ltd., Class A
183,900
522,221
 
Zhejiang Cfmoto
Power Co. Ltd.,
Class A
11,300
409,296
 
Zhejiang
Changsheng
Sliding Bearings
Co. Ltd., Class A
13,200
152,150
 
Zhejiang China
Commodities City
Group Co. Ltd.,
Class A
311,679
720,664
 
Zhejiang Chint
Electrics Co. Ltd.,
Class A
112,721
474,073
 
Zhejiang
Crystal-Optech
Co. Ltd., Class A
79,300
271,904
 
Zhejiang Dahua
Technology Co.
Ltd., Class A
92,113
251,102
 
Zhejiang Daily
Digital Culture
Group Co. Ltd.,
Class A
79,900
177,415
 
Zhejiang Dingli
Machinery Co.
Ltd., Class A
28,370
229,819

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Zhejiang Haikong
Nanke Huatie
Digital Intelligence
& Technology Co.
Ltd.
21,900
$22,508
 
Zhejiang Hailiang
Co. Ltd., Class A
96,700
202,629
 
Zhejiang HangKe
Technology, Inc.
Co., Class A
25,356
110,127
 
Zhejiang Huace Film
& Television Co.
Ltd., Class A
112,300
149,668
 
Zhejiang Huahai
Pharmaceutical
Co. Ltd., Class A
93,540
211,684
 
Zhejiang Huayou
Cobalt Co. Ltd.,
Class A
85,611
878,947
 
Zhejiang Jingsheng
Mechanical &
Electrical Co. Ltd.,
Class A
71,200
456,888
 
Zhejiang Jingxin
Pharmaceutical
Co. Ltd., Class A
61,900
151,088
*
Zhejiang Jinke Tom
Culture Industry
Co. Ltd., Class A
138,400
101,783
 
Zhejiang JIULI
Hi-tech Metals Co.
Ltd., Class A
89,600
433,248
 
Zhejiang Jiuzhou
Pharmaceutical
Co. Ltd., Class A
63,400
166,354
 
Zhejiang Juhua Co.
Ltd., Class A
222,400
1,258,863
 
Zhejiang Lante
Optics Co. Ltd.,
Class A
22,256
147,658
* Ω
Zhejiang Leapmotor
Technology Co.
Ltd., Class H
31,100
168,875
 
Zhejiang Longsheng
Group Co. Ltd.,
Class A
102,400
224,321
 
Zhejiang Medicine
Co. Ltd., Class A
50,200
107,863
*
Zhejiang Narada
Power Source Co.
Ltd., Class A
32,400
69,721
 
Zhejiang NHU Co.
Ltd., Class A
254,788
1,022,267
 
Zhejiang Orient
Holdings Group
Co. Ltd., Class A
227,600
211,700
 
 
 
Shares
Value»
CHINA — (Continued)
 
Zhejiang Sanhua
Intelligent Controls
Co. Ltd., Class A
67,794
$497,093
 
Zhejiang Sanmei
Chemical Industry
Co. Ltd., Class A
23,500
233,882
 
Zhejiang
Shuanghuan
Driveline Co. Ltd.,
Class A
26,500
158,292
 
Zhejiang Supor Co.
Ltd., Class A
25,654
159,436
 
Zhejiang Wanfeng
Auto Wheel Co.
Ltd., Class A
114,100
252,219
 
Zhejiang Wanma Co.
Ltd., Class A
48,300
115,702
 
Zhejiang Weiming
Environment
Protection Co.
Ltd., Class A
136,103
539,138
 
Zhejiang Weixing
New Building
Materials Co. Ltd.,
Class A
115,334
206,680
 
Zhejiang Wolwo
Bio-Pharmaceutical
Co. Ltd., Class A
31,100
127,594
 
Zhejiang XCC Group
Co. Ltd., Class A
16,000
174,165
 
Zhejiang Xinan
Chemical
Industrial Group
Co. Ltd., Class A
93,400
173,374
 
Zhejiang Yinlun
Machinery Co.
Ltd., Class A
56,700
300,196
*
Zhejiang Yongtai
Technology Co.
Ltd., Class A
28,400
104,697
 
Zhejiang Zhaolong
Interconnect
Technology Co.
Ltd., Class A
11,540
86,917
 
Zhende Medical Co.
Ltd., Class A
14,000
138,582
 
Zheshang Securities
Co. Ltd., Class A
206,263
317,561
 
Zhewen Interactive
Group Co. Ltd.,
Class A
68,600
128,846
 
Zhongji Innolight Co.
Ltd., Class A
36,037
3,346,547
 
Zhongjin Gold Corp.
Ltd., Class A
392,300
1,983,737

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
CHINA — (Continued)
 
Zhongshan Broad
Ocean Motor Co.
Ltd., Class A
142,700
$217,533
 
Zhongshan Public
Utilities Group Co.
Ltd., Class A
90,000
160,022
#
Zhongtai Securities
Co. Ltd., Class A
371,000
341,181
*
Zhuhai Aerospace
Microchips
Science &
Technology Co.
Ltd., Class A
12,600
41,590
 
Zhuzhou Hongda
Electronics Corp.
Ltd., Class A
23,700
170,138
 
Zhuzhou Kibing
Group Co. Ltd.,
Class A
215,101
217,012
*
Zhuzhou Smelter
Group Co. Ltd.,
Class A
66,700
215,072
 
Zibo Qixiang Tengda
Chemical Co. Ltd.,
Class A
214,600
182,101
 
Zijin Mining Group
Co. Ltd., Class H
5,015,000
26,148,317
#
Zoomlion Heavy
Industry Science
& Technology Co.
Ltd., Class H
36,000
40,387
#
ZTE Corp., Class H
667,085
2,413,350
 
ZTO Express
Cayman, Inc.
(2057 HK)
245,350
5,417,362
 
ZTO Express
Cayman, Inc.
(ZTO US), ADR
244,606
5,364,210
TOTAL CHINA
1,755,529,268
COLOMBIA — (0.2%)
 
Cementos Argos SA
172,281
644,034
 
Grupo Argos SA
261,814
1,327,168
 
Grupo Aval Acciones
y Valores SA,
ADR
3,517
16,917
 
Grupo Cibest SA
CIB US, ADR
47,711
3,895,603
 
Grupo Cibest SA
CIBEST CB
138,261
3,122,839
 
Grupo de
Inversiones
Suramericana SA
67,464
1,140,553
 
Grupo Energia
Bogota SA ESP
971,481
860,616
 
 
 
Shares
Value»
COLOMBIA — (Continued)
 
Interconexion
Electrica SA ESP
257,551
$2,110,908
TOTAL COLOMBIA
13,118,638
CZECH REPUBLIC — (0.1%)
 
CEZ AS
91,935
5,286,248
 
Komercni Banka AS
56,670
3,434,034
TOTAL CZECH
REPUBLIC
8,720,282
EGYPT — (0.1%)
 
Commercial
International Bank
- Egypt (CIB)
(CBKD LI), GDR
1,634,917
4,330,488
 
Commercial
International Bank
- Egypt (CIB)
(CMGGF US),
GDR
134,573
356,618
TOTAL EGYPT
4,687,106
GREECE — (0.6%)
 
Alpha Bank SA
1,758,982
8,420,176
#
Athens International
Airport SA
30,723
412,267
 
Eurobank SA,
Class A
1,556,407
7,606,123
 
Hellenic
Telecommunications
Organization SA
97,050
1,820,213
 
Jumbo SA
87,495
2,594,301
*
Metlen Energy &
Metals PLC
74,839
4,073,731
 
Motor Oil Hellas
Corinth Refineries
SA
36,219
1,458,284
 
National Bank of
Greece SA
365,664
6,455,591
#
OPAP SA
107,743
2,172,871
 
Piraeus Bank SA
535,170
5,398,433
 
Public Power Corp.
SA
126,057
2,979,497
 
Titan SA (TITC GA)
25,526
1,712,830
TOTAL GREECE
45,104,317
HUNGARY — (0.3%)
 
MOL Hungarian Oil
& Gas PLC
466,670
5,699,415
 
OTP Bank Nyrt
125,562
15,799,712
 
Richter Gedeon
Nyrt
123,338
4,126,509
TOTAL HUNGARY
25,625,636

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
INDIA — (14.2%)
 
360 ONE WAM Ltd.
164,410
$2,018,833
#
3M India Ltd.
575
214,228
#
ABB India Ltd.
24,064
1,456,787
 
ACC Ltd.
64,293
1,148,592
*
Adani Energy
Solutions Ltd.
205,433
1,999,489
 
Adani Enterprises
Ltd. ADE IN
41,186
905,614
*
Adani Enterprises
Ltd. ADEPP IN
4,436
54,011
*
Adani Green Energy
Ltd.
160,796
1,490,026
 
Adani Ports &
Special Economic
Zone Ltd.
370,000
5,707,418
*
Adani Power Ltd.
3,109,100
4,593,224
 
Adani Total Gas Ltd.
110,118
633,781
*
Aditya Birla Capital
Ltd.
775,396
2,875,339
*
Aditya Birla Fashion
& Retail Ltd.
47,732
34,458
*
Aditya Birla Lifestyle
Brands Ltd.
177,988
203,633
 
AIA Engineering
Ltd.
10,363
451,184
 
Ajanta Pharma Ltd.
14,207
427,841
 
Alkem Laboratories
Ltd.
34,285
2,122,200
 
Ambuja Cements
Ltd.
409,686
2,274,477
#
Apar Industries Ltd.
11,162
973,691
 
APL Apollo Tubes
Ltd.
136,484
3,034,081
 
Apollo Hospitals
Enterprise Ltd.
74,506
5,633,767
#
Apollo Tyres Ltd.
167,304
895,771
#
Ashok Leyland Ltd.
4,027,856
8,663,039
#
Asian Paints Ltd.
156,151
4,127,956
Ω
Aster DM Healthcare
Ltd.
53,716
322,717
 
Astral Ltd.
93,248
1,489,717
Ω
AU Small Finance
Bank Ltd.
286,077
3,052,550
 
Aurobindo Pharma
Ltd.
288,162
3,761,994
* Ω
Avenue Supermarts
Ltd.
35,843
1,441,474
*
AWL Agri Business
Ltd.
147,562
343,517
 
Axis Bank Ltd.
(AXSB IN)
1,416,092
21,073,196
 
Bajaj Auto Ltd.
46,497
4,849,141
 
Bajaj Finance Ltd.
1,665,720
16,870,803
 
Bajaj Finserv Ltd.
240,357
5,110,672
 
Bajaj Holdings &
Investment Ltd.
33,388
3,918,276
 
 
 
Shares
Value»
INDIA — (Continued)
 
Balkrishna Industries
Ltd.
93,488
$2,344,822
 
Bank of Baroda
904,824
2,954,570
 
Bank of India
596,379
1,064,836
 
Bank of
Maharashtra
866,812
617,966
 
Berger Paints India
Ltd.
203,984
1,027,890
 
Bharat Dynamics
Ltd.
34,057
570,452
 
Bharat Electronics
Ltd.
1,821,863
8,905,607
 
Bharat Forge Ltd.
261,827
4,113,748
 
Bharat Heavy
Electricals Ltd.
835,712
2,395,375
#
Bharat Petroleum
Corp. Ltd.
998,744
3,959,568
 
Bharti Airtel Ltd.
1,557,565
33,406,727
 
Biocon Ltd.
378,817
1,513,409
 
Blue Star Ltd.
73,835
1,467,843
 
Bosch Ltd.
4,064
1,614,165
 
Britannia Industries
Ltd.
76,394
4,863,030
 
BSE Ltd.
148,818
4,492,109
 
Canara Bank
1,973,841
3,164,356
 
Central Depository
Services India
Ltd.
30,803
442,369
 
CG Power &
Industrial
Solutions Ltd.
557,210
3,560,016
 
Cholamandalam
Financial Holdings
Ltd.
63,117
1,135,815
 
Cholamandalam
Investment &
Finance Co. Ltd.
429,365
7,611,958
 
Cipla Ltd.
483,014
6,966,435
 
Coal India Ltd.
747,144
3,577,864
Ω
Cochin Shipyard
Ltd.
42,318
765,335
 
Coforge Ltd.
251,708
4,528,333
*
Cohance
Lifesciences Ltd.
16,889
69,324
 
Colgate-Palmolive
India Ltd.
122,914
2,817,964
 
Container Corp. of
India Ltd.
213,239
1,167,110
 
Coromandel
International Ltd.
80,393
1,964,872
 
CRISIL Ltd.
7,756
393,451
#
Cummins India Ltd.
96,851
4,310,507
 
Dabur India Ltd.
346,554
1,909,382
 
Dalmia Bharat Ltd.
54,440
1,228,329
 
Divi's Laboratories
Ltd.
68,881
4,518,843

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
INDIA — (Continued)
#
Dixon Technologies
India Ltd.
29,478
$3,348,546
 
DLF Ltd.
440,685
3,047,768
#
Dr. Reddy's
Laboratories Ltd.,
ADR
511,886
6,869,510
 
Dr. Reddy's
Laboratories Ltd.
(DRRD IN)
122,796
1,618,259
 
Eicher Motors Ltd.
110,738
8,590,750
Ω
Endurance
Technologies Ltd.
21,025
554,682
 
Escorts Kubota Ltd.
30,799
1,128,649
*
Eternal Ltd.
1,053,757
3,139,851
#
Federal Bank Ltd.
1,643,069
5,143,789
#
Fortis Healthcare
Ltd.
280,681
2,600,225
# *
FSN E-Commerce
Ventures Ltd.
915,872
2,357,490
 
GAIL India Ltd.
(GAID LI), GDR
46,634
501,081
#
GAIL India Ltd.
(GAIL IN)
2,001,507
3,640,833
 
GE Vernova T&D
India Ltd.
94,870
3,329,086
 
GlaxoSmithKline
Pharmaceuticals
Ltd.
38,090
993,996
#
Glenmark
Pharmaceuticals
Ltd.
129,836
2,862,518
 
Global Health Ltd.
25,146
290,096
# *
GMR Airports Ltd.
2,072,479
2,119,476
*
Go Digit General
Insurance Ltd.
4,424
15,670
 
Godfrey Phillips
India Ltd.
30,767
681,043
 
Godrej Consumer
Products Ltd.
250,207
3,144,120
*
Godrej Industries
Ltd.
22,627
238,866
*
Godrej Properties
Ltd.
103,965
1,783,847
 
Grasim Industries
Ltd.
217,483
6,667,538
#
Gujarat
Fluorochemicals
Ltd.
19,757
656,515
#
Havells India Ltd.
158,724
2,215,427
 
HCL Technologies
Ltd.
718,185
13,219,560
Ω
HDFC Asset
Management Co.
Ltd.
164,362
4,488,305
#
HDFC Bank Ltd.
4,008,105
40,516,130
Ω
HDFC Life Insurance
Co. Ltd.
306,313
2,431,311
 
 
 
Shares
Value»
INDIA — (Continued)
#
Hero MotoCorp Ltd.
(HMCL IN)
148,958
$8,965,589
 
Hindalco Industries
Ltd.
1,268,841
13,210,500
 
Hindustan
Aeronautics Ltd.
133,522
6,713,640
 
Hindustan Copper
Ltd.
165,750
1,212,364
 
Hindustan Petroleum
Corp. Ltd.
821,956
3,805,795
 
Hindustan Unilever
Ltd.
302,576
7,785,446
 
Hitachi Energy India
Ltd.
7,055
1,447,198
 
Housing & Urban
Development
Corp. Ltd.
25,175
52,550
 
ICICI Bank Ltd. (IBN
US), Sponsored
ADR
649,989
19,038,163
 
ICICI Bank Ltd.
(ICICIBC IN)
2,536,225
37,445,793
Ω
ICICI Lombard
General Insurance
Co. Ltd.
138,501
2,725,629
Ω
ICICI Prudential Life
Insurance Co.
Ltd.
182,247
1,255,615
 
IDFC First Bank
Ltd.
3,799,919
3,454,020
 
Indian Bank
219,416
2,177,808
 
Indian Hotels Co.
Ltd.
571,497
4,185,879
#
Indian Oil Corp. Ltd.
1,690,828
2,994,687
 
Indian Railway
Catering &
Tourism Corp.
Ltd.
255,728
1,734,055
Ω
Indian Railway
Finance Corp.
Ltd.
1,076,163
1,407,493
 
Indraprastha Gas
Ltd.
40,564
78,619
*
Indus Towers Ltd.
1,287,559
6,221,846
*
IndusInd Bank Ltd.
405,601
3,940,331
 
Info Edge India Ltd.
303,145
4,127,950
 
Infosys Ltd. (INFO
IN)
2,096,952
37,545,526
#
Infosys Ltd. (INFY
US), Sponsored
ADR
331,357
5,825,256
Ω
InterGlobe Aviation
Ltd.
123,469
6,181,859
 
Ipca Laboratories
Ltd.
57,656
924,961
*
ITC Hotels Ltd.
222,249
437,714
 
ITC Ltd.
2,061,428
7,229,563

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
INDIA — (Continued)
 
Jindal Stainless Ltd.
394,916
$3,538,953
 
Jindal Steel Ltd.
464,838
5,661,647
 
Jio Financial
Services Ltd.
1,848,237
5,108,538
#
JK Cement Ltd.
28,111
1,690,558
 
JSW Energy Ltd.
426,050
2,121,459
 
JSW Steel Ltd.
562,687
7,395,094
 
Jubilant Foodworks
Ltd.
297,986
1,616,332
 
Kalyan Jewellers
India Ltd.
259,294
1,017,672
*
Kaynes Technology
India Ltd.
4,681
177,524
 
KEI Industries Ltd.
29,101
1,264,794
 
Kotak Mahindra
Bank Ltd.
2,034,300
9,017,218
 
KPIT Technologies
Ltd.
58,636
668,067
 
KPR Mill Ltd.
28,495
269,971
#
Kwality Wall's India
Ltd.
302,576
132,231
#
L&T Finance Ltd.
708,447
2,206,046
Ω
L&T Technology
Services Ltd.
22,326
905,604
 
Larsen & Toubro
Ltd.
334,543
14,324,025
Ω
Laurus Labs Ltd.
285,414
3,002,037
#
Linde India Ltd.
8,394
548,042
 
Lloyds Metals &
Energy Ltd.
79,800
953,134
Ω
Lodha Developers
Ltd.
184,088
1,946,368
Ω
LTIMindtree Ltd.
58,760
3,817,110
#
Lupin Ltd.
240,557
5,622,037
 
Mahindra &
Mahindra
Financial Services
Ltd.
502,431
2,029,511
 
Mahindra &
Mahindra Ltd.
793,184
29,725,131
 
Mankind Pharma
Ltd.
62,522
1,446,160
#
Marico Ltd.
528,814
4,205,059
 
Maruti Suzuki India
Ltd.
61,939
9,827,333
*
Max Financial
Services Ltd.
131,466
2,301,234
#
Max Healthcare
Institute Ltd.
448,317
4,670,342
 
Mazagon Dock
Shipbuilders Ltd.
35,665
1,000,159
 
Motherson Sumi
Wiring India Ltd.
614,101
287,743
 
Motilal Oswal
Financial Services
Ltd.
127,230
1,040,580
 
Mphasis Ltd.
110,972
3,332,617
 
 
 
Shares
Value»
INDIA — (Continued)
#
MRF Ltd.
2,197
$3,178,686
 
Multi Commodity
Exchange of India
Ltd.
89,115
2,441,980
 
Muthoot Finance
Ltd.
229,466
9,533,095
 
Narayana
Hrudayalaya Ltd.
69,230
1,330,799
 
National Aluminium
Co. Ltd.
341,745
1,414,951
 
Navin Fluorine
International Ltd.
6,288
412,516
 
Nestle India Ltd.
384,606
5,586,110
 
NHPC Ltd.
2,445,408
2,082,544
Ω
Nippon Life India
Asset
Management Ltd.
120,697
1,149,142
 
NLC India Ltd.
236,356
663,979
 
NMDC Ltd.
4,246,697
3,731,210
*
NMDC Steel Ltd.
1,251,805
574,317
 
NTPC Ltd.
2,211,859
8,524,237
 
Oberoi Realty Ltd.
101,713
1,649,829
 
Oil & Natural Gas
Corp. Ltd.
1,431,491
4,182,560
 
Oil India Ltd.
351,358
1,956,467
 
One 97
Communications
Ltd.
302,067
3,716,486
 
Oracle Financial
Services Software
Ltd.
27,889
2,348,579
 
Page Industries Ltd.
5,755
2,053,745
 
Patanjali Foods Ltd.
176,934
964,144
*
PB Fintech Ltd.
141,848
2,546,674
 
Persistent Systems
Ltd.
92,930
6,105,343
#
Petronet LNG Ltd.
1,034,909
3,260,018
 
Phoenix Mills Ltd.
121,961
2,209,381
 
PI Industries Ltd.
60,340
2,081,008
 
Pidilite Industries
Ltd.
170,066
2,637,473
 
Piramal Pharma
Ltd.
163,597
275,606
 
Polycab India Ltd.
40,222
3,071,309
*
Poonawalla Fincorp
Ltd.
140,258
604,974
 
Power Finance
Corp. Ltd.
1,781,182
7,339,617
 
Power Grid Corp. of
India Ltd.
2,263,465
6,304,966
 
Prestige Estates
Projects Ltd.
118,990
1,890,831
#
Procter & Gamble
Hygiene & Health
Care Ltd.
10,034
1,286,734
 
Punjab National
Bank
1,807,490
2,462,323

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
INDIA — (Continued)
 
Radico Khaitan Ltd.
42,584
$1,305,212
 
Rail Vikas Nigam
Ltd.
270,753
1,014,019
 
REC Ltd.
1,844,827
7,319,639
Ω
Reliance Industries
Ltd. (RIGD LI),
Sponsored GDR
4,596
278,988
 
Reliance Industries
Ltd. (RIL IN)
3,029,032
46,078,679
 
Samvardhana
Motherson
International Ltd.
5,022,432
6,153,845
#
SBI Cards &
Payment Services
Ltd.
209,700
1,722,042
Ω
SBI Life Insurance
Co. Ltd.
270,867
5,925,650
 
Schaeffler India Ltd.
30,805
1,207,283
 
Shree Cement Ltd.
6,406
1,879,775
#
Shriram Finance
Ltd.
1,643,538
18,244,175
 
Siemens Energy
India Ltd.
25,747
695,528
 
Siemens Ltd.
25,747
865,317
 
SJVN Ltd.
289,115
228,690
 
Solar Industries
India Ltd.
25,227
3,691,231
 
SRF Ltd.
135,219
4,128,166
 
State Bank of India
(SBID LI), GDR
128
15,166
 
State Bank of India
(SBIN IN)
1,072,406
12,567,540
 
State Bank of India
(SBKFF US),
GDR
1,669
197,610
 
Steel Authority of
India Ltd.
950,894
1,555,512
 
Sun Pharmaceutical
Industries Ltd.
(SUNP IN)
390,944
6,782,984
 
Sundaram Finance
Ltd.
60,400
3,425,039
 
Supreme Industries
Ltd.
47,042
1,790,997
*
Suzlon Energy Ltd.
7,435,593
3,861,859
 
Tata
Communications
Ltd.
103,969
1,776,928
 
Tata Consultancy
Services Ltd.
479,142
16,321,296
 
Tata Consumer
Products Ltd.
281,776
3,472,763
 
Tata Elxsi Ltd.
13,934
806,971
*
Tata Motors
Ltd./new
1,305,010
6,490,470
 
 
 
Shares
Value»
INDIA — (Continued)
#
Tata Motors
Passenger
Vehicles Ltd.
1,305,010
$4,961,871
 
Tata Power Co. Ltd.
1,063,049
4,237,303
 
Tata Steel Ltd.
6,555,164
13,644,005
 
Tech Mahindra Ltd.
427,815
8,080,583
#
Thermax Ltd.
8,677
272,663
 
Titan Co. Ltd.
188,444
8,163,657
 
Torrent
Pharmaceuticals
Ltd.
118,651
5,102,153
 
Torrent Power Ltd.
135,106
2,040,330
 
Trent Ltd.
117,296
4,805,923
 
Tube Investments of
India Ltd.
83,201
2,112,679
 
TVS Motor Co. Ltd.
217,577
8,715,613
#
UltraTech Cement
Ltd.
61,959
8,574,289
#
Union Bank of India
Ltd.
1,395,817
2,736,079
 
United Breweries
Ltd.
45,973
730,492
 
United Spirits Ltd.
217,067
3,213,778
 
UNO Minda Ltd.
147,061
1,892,788
 
UPL Ltd.
556,261
4,250,875
 
Varun Beverages
Ltd.
829,375
4,209,115
 
Vedanta Ltd.
1,388,095
10,242,716
*
Vodafone Idea Ltd.
25,492,234
3,093,299
 
Voltas Ltd.
124,989
1,800,004
 
Wipro Ltd.
1,751,418
4,510,411
*
Yes Bank Ltd.
14,154,252
3,297,044
 
Zydus Lifesciences
Ltd.
252,848
2,432,244
TOTAL INDIA
1,065,303,914
INDONESIA — (1.2%)
 
Alamtri Minerals
Indonesia Tbk.
PT
4,192,200
498,605
 
Alamtri Resources
Indonesia Tbk.
PT
16,647,200
2,187,784
*
Amman Mineral
Internasional PT
1,904,600
856,329
#
Aneka Tambang
Tbk. PT
8,873,500
2,184,516
#
Astra International
Tbk. PT
16,680,610
6,324,808
 
Bank Central Asia
Tbk. PT
31,170,600
13,772,712
 
Bank Mandiri
Persero Tbk. PT
29,718,968
8,551,517
 
Bank Negara
Indonesia Persero
Tbk. PT
12,170,844
3,266,714

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
INDONESIA — (Continued)
 
Bank Rakyat
Indonesia Persero
Tbk. PT
37,956,376
$8,616,242
 
Bank Syariah
Indonesia Tbk.
PT
8,645,123
1,160,040
*
Barito Pacific Tbk.
PT
13,950,128
1,795,105
 
Barito Renewables
Energy Tbk. PT
5,759,500
2,913,895
*
Bumi Resources
Minerals Tbk. PT
31,180,100
1,978,420
*
Bumi Resources
Tbk. PT
72,197,200
1,113,298
*
Capital Financial
Indonesia Tbk.
PT
4,823,600
444,725
 
Chandra Asri Pacific
Tbk. PT
1,381,900
533,197
 
Charoen Pokphand
Indonesia Tbk.
PT
6,331,800
1,673,405
 
Cisarua Mountain
Dairy Tbk. PT
345,800
105,243
 
Dayamitra
Telekomunikasi
PT
12,012,800
397,970
*
Dian Swastatika
Sentosa Tbk. PT
566,300
3,366,701
 
Elang Mahkota
Teknologi Tbk. PT
12,882,700
752,508
*
Impack Pratama
Industri Tbk. PT
7,296,600
1,027,768
 
Indah Kiat Pulp &
Paper Tbk. PT
328,700
178,992
 
Indofood CBP
Sukses Makmur
Tbk. PT
1,922,100
912,093
 
Indofood Sukses
Makmur Tbk. PT
4,356,300
1,769,055
 
Indosat Tbk. PT
5,358,800
712,667
*
Jaya Sukses
Makmur Sentosa
Tbk. PT
90,428
27,355
 
Kalbe Farma Tbk.
PT
15,424,800
1,052,078
 
Mayora Indah Tbk.
PT
3,073,925
422,526
*
MD Entertainment
Tbk. PT
101,200
87,423
*
Merdeka Battery
Materials Tbk. PT
24,789,100
1,034,806
*
Merdeka Copper
Gold Tbk. PT
5,782,895
1,091,347
 
 
 
Shares
Value»
INDONESIA — (Continued)
 
Mitra Keluarga
Karyasehat Tbk.
PT
235,200
$33,352
 
Pantai Indah Kapuk
Dua Tbk. PT
660,096
365,263
 
Perusahaan Gas
Negara Tbk. PT
5,493,000
695,385
 
Petrindo Jaya Kreasi
Tbk. PT
15,216,000
1,645,333
 
Petrosea Tbk. PT
2,315,800
980,652
 
Sumber Alfaria
Trijaya Tbk. PT
17,289,500
1,799,038
 
Telkom Indonesia
Persero Tbk. PT
(TLKM IJ)
36,996,000
7,908,273
#
Tower Bersama
Infrastructure Tbk.
PT
407,000
43,229
 
Transcoal Pacific
Tbk. PT
364,100
223,353
 
Trimegah Bangun
Persada Tbk. PT
10,197,300
830,699
#
Unilever Indonesia
Tbk. PT
7,071,600
811,984
 
United Tractors Tbk.
PT
1,725,996
2,688,855
 
Vale Indonesia Tbk.
PT
1,750,300
674,830
 
XLSMART Telecom
Sejahtera Tbk.
PT
5,112,400
1,007,169
TOTAL INDONESIA
90,517,259
KUWAIT — (0.5%)
 
Agility Public
Warehousing Co.
KSCC
155,725
68,271
#
Al Ahli Bank of
Kuwait KSCP
782,835
753,387
 
Boubyan Bank
KSCP
380,623
840,007
 
Boursa Kuwait
Securities Co.
KPSC
43,989
451,259
 
Burgan Bank SAK
1,117,273
725,009
 
Gulf Bank KSCP
2,594,090
2,912,324
 
Kuwait Finance
House KSCP
4,764,505
12,537,723
 
Kuwait
Telecommunications
Co.
226,658
484,565
#
Mabanee Co. KPSC
700,050
2,291,163
 
Mobile
Telecommunications
Co. KSCP
2,323,642
3,871,728

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
KUWAIT — (Continued)
 
National Bank of
Kuwait SAKP
3,964,089
$12,282,247
 
National Industries
Group Holding
SAK
1,806,748
1,553,015
*
Warba Bank KSCP
2,088,186
1,927,332
TOTAL KUWAIT
40,698,030
MALAYSIA — (1.4%)
#
99 Speed Mart
Retail Holdings
Bhd.
820,900
832,858
#
Alliance Bank
Malaysia Bhd.
1,015,270
1,348,562
 
AMMB Holdings
Bhd. (AMM MK)
2,154,159
3,523,149
 
Axiata Group Bhd.
2,965,732
1,729,154
 
Batu Kawan Bhd.
124,700
611,944
 
Bursa Malaysia
Bhd.
362,300
829,323
 
CelcomDigi Bhd.
2,133,320
1,764,382
# *
Chin Hin Group
Bhd.
124,000
72,741
 
CIMB Group
Holdings Bhd.
5,567,870
12,130,788
 
Dialog Group Bhd.
2,194,818
915,351
 
Eco World
Development
Group Bhd.
820,900
464,521
#
Fraser & Neave
Holdings Bhd.
115,900
1,048,566
#
Frontken Corp. Bhd.
1,053,300
1,026,728
 
Gamuda Bhd.
3,404,909
3,828,254
 
Genting Bhd.
1,872,800
1,357,046
#
Genting Malaysia
Bhd.
2,524,700
1,268,247
 
HAP Seng
Consolidated
Bhd.
410,100
310,889
 
Heineken Malaysia
Bhd.
67,400
408,641
#
Hong Leong Bank
Bhd.
239,466
1,567,120
#
Hong Leong
Financial Group
Bhd.
212,783
1,206,859
 
IHH Healthcare
Bhd.
853,800
1,938,526
 
IJM Corp. Bhd.
2,122,200
1,442,393
 
Inari Amertron Bhd.
1,239,800
506,764
 
IOI Corp. Bhd.
1,281,405
1,293,956
 
IOI Properties Group
Bhd.
1,450,429
1,173,155
 
KPJ Healthcare
Bhd.
1,501,100
1,054,777
 
 
 
Shares
Value»
MALAYSIA — (Continued)
 
Kuala Lumpur
Kepong Bhd.
346,302
$1,713,805
#
Malayan Banking
Bhd.
2,707,619
8,103,572
 
Malayan Cement
Bhd.
347,200
703,551
#
Maxis Bhd.
1,540,700
1,495,194
 
MISC Bhd.
598,498
1,214,002
Ω
Mr. DIY Group M
Bhd.
2,527,150
1,175,404
 
Nestle Malaysia
Bhd.
48,300
1,372,143
#
Petronas Chemicals
Group Bhd.
1,381,400
1,134,055
 
Petronas Dagangan
Bhd.
194,500
1,045,553
 
Petronas Gas Bhd.
360,800
1,682,345
 
PPB Group Bhd.
542,580
1,552,655
#
Press Metal
Aluminium
Holdings Bhd.
2,060,800
3,950,409
 
Public Bank Bhd.
8,022,870
9,916,210
 
QL Resources Bhd.
1,443,877
1,471,736
#
RHB Bank Bhd.
1,780,480
3,815,696
 
SD Guthrie Bhd.
1,387,121
2,053,471
 
Sime Darby Bhd.
3,795,661
2,078,826
 
Sime Darby Property
Bhd.
2,592,500
987,749
 
Sunway Bhd.
1,579,882
2,304,103
 
Sunway
Construction
Group Bhd.
485,700
729,389
 
Telekom Malaysia
Bhd.
803,529
1,611,765
 
Tenaga Nasional
Bhd.
1,305,750
4,619,893
#
TIME dotCom Bhd.
897,000
1,358,621
 
United Plantations
Bhd.
233,150
1,785,742
 
ViTrox Corp. Bhd.
333,600
368,667
 
Westports Holdings
Bhd.
633,148
981,682
 
Yinson Holdings
Bhd.
745,800
446,514
#
YTL Corp. Bhd.
3,814,554
2,011,341
#
YTL Power
International Bhd.
2,014,899
1,649,325
 
Zetrix Ai Bhd.
1,661,737
339,470
TOTAL MALAYSIA
107,327,582
MEXICO — (1.8%)
 
America Movil SAB
de CV (2228390D
US), ADR
7,345
152,042
 
America Movil SAB
de CV (AMXB
MM)
12,430,805
12,853,322

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
MEXICO — (Continued)
#
Arca Continental
SAB de CV
325,180
$3,662,834
 
Cemex SAB de CV
(CEMEXCPO
MM)
9,114,032
11,327,350
 
Cemex SAB de CV
(CX US),
Sponsored ADR
285,199
3,559,284
#
Coca-Cola Femsa
SAB de CV (KOF
US), Sponsored
ADR
1,577
164,465
#
Coca-Cola Femsa
SAB de CV
(KOFUBL MM)
366,297
3,841,549
*
Controladora AXTEL
SAB de CV
3,493,876
175,933
 
El Puerto de
Liverpool SAB de
CV, Class C1
163,857
988,243
 
Fomento Economico
Mexicano SAB de
CV (FEMSAUBD
MM)
607,316
6,337,618
#
Gruma SAB de CV,
Class B
178,279
3,212,919
 
Grupo Aeroportuario
del Centro Norte
SAB de CV
26,333
384,508
 
Grupo Aeroportuario
del Pacifico SAB
de CV (GAPB
MM), Class B
217,300
5,973,636
#
Grupo Aeroportuario
del Pacifico SAB
de CV (PAC US),
ADR
10,856
2,984,423
#
Grupo Aeroportuario
del Sureste SAB
de CV (ASR US),
ADR
11,915
4,112,224
 
Grupo Aeroportuario
del Sureste SAB
de CV (ASURB
MM), Class B
2,990
103,413
 
Grupo Bimbo SAB
de CV
999,073
3,472,402
 
Grupo Carso SAB
de CV
435,634
2,963,637
 
Grupo Comercial
Chedraui SA de
CV
279,634
1,913,723
 
Grupo Financiero
Banorte SAB de
CV, Class O
1,612,674
18,180,879
 
 
 
Shares
Value»
MEXICO — (Continued)
 
Grupo Financiero
Inbursa SAB de
CV, Class O
1,422,803
$3,570,848
 
Grupo Mexico SAB
de CV
1,862,727
20,553,310
*
Industrias Penoles
SAB de CV
201,231
11,664,397
 
Kimberly-Clark de
Mexico SAB de
CV, Class A
1,549,006
3,431,107
 
Organizacion
Soriana SAB de
CV, Class B
169,864
347,970
 
Promotora y
Operadora de
Infraestructura
SAB de CV
(PINFRA MM)
185,070
2,896,352
 
Wal-Mart de Mexico
SAB de CV
2,098,615
6,659,944
TOTAL MEXICO
135,488,332
PERU — (0.2%)
 
Cementos
Pacasmayo SAA,
ADR
18,152
199,857
 
Cia de Minas
Buenaventura
SAA, ADR
35,679
1,222,362
 
Credicorp Ltd.
31,265
11,156,290
TOTAL PERU
12,578,509
PHILIPPINES — (0.4%)
 
Aboitiz Equity
Ventures, Inc.
1,294,020
698,155
 
Aboitiz Power Corp.
1,003,100
731,599
 
Ayala Corp.
156,092
1,341,346
 
Ayala Land, Inc.
3,786,618
1,365,340
 
Bank of the
Philippine Islands
1,306,982
2,753,061
#
BDO Unibank, Inc.
1,877,628
4,303,403
 
Century Pacific
Food, Inc.
181,700
117,440
 
China Banking
Corp.
420,400
457,121
 
DMCI Holdings, Inc.
2,208,200
406,240
 
Emperador, Inc.
1,167,000
306,936
 
Globe Telecom, Inc.
27,092
726,066
#
International
Container
Terminal Services,
Inc.
556,400
6,094,217
 
JG Summit
Holdings, Inc.
1,709,300
808,601
 
Jollibee Foods
Corp.
399,530
1,390,520

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
PHILIPPINES — (Continued)
 
LT Group, Inc.
721,500
$195,717
#
Manila Electric Co.
121,000
1,210,921
#
Metropolitan Bank &
Trust Co.
1,653,498
2,050,670
 
PLDT, Inc. (TEL
PM)
64,775
1,478,370
 
San Miguel Corp.
856,840
1,164,795
#
Semirara Mining &
Power Corp.
162,000
87,757
#
SM Investments
Corp.
76,213
905,827
 
SM Prime Holdings,
Inc.
3,779,510
1,383,898
 
Universal Robina
Corp.
488,580
588,209
TOTAL PHILIPPINES
30,566,209
POLAND — (1.2%)
 
Alior Bank SA
120,584
3,935,820
* Ω
Allegro.eu SA
168,079
1,380,745
 
Asseco Poland SA
38,891
2,368,306
 
Bank Handlowy w
Warszawie SA
30,810
1,000,549
*
Bank Millennium SA
463,894
2,244,093
 
Bank Polska Kasa
Opieki SA
133,639
8,127,654
 
BNPP Bank Polska
SA
2,292
94,332
 
Budimex SA
11,804
2,281,864
# *
CCC SA
18,474
610,617
 
CD Projekt SA
38,715
2,826,062
* Ω
Dino Polska SA
274,720
2,906,413
 
ING Bank Slaski SA
26,990
2,949,374
*
KGHM Polska Miedz
SA
96,784
8,980,256
 
LPP SA
744
4,108,762
*
mBank SA
12,730
3,713,359
 
Orange Polska SA
509,519
1,647,388
 
ORLEN SA
322,169
9,791,547
#
Pepco Group NV
109,466
894,541
# *
PGE Polska Grupa
Energetyczna SA
1,124,833
3,172,435
 
Powszechna Kasa
Oszczednosci
Bank Polski SA
344,222
8,953,511
 
Powszechny Zaklad
Ubezpieczen SA
370,671
7,293,443
 
Santander Bank
Polska SA
16,240
2,547,867
# *
Tauron Polska
Energia SA
1,241,086
3,838,310
TOTAL POLAND
85,667,248
QATAR — (0.6%)
 
Al Rayan Bank
3,558,924
2,223,188
 
Barwa Real Estate
Co.
49,162
36,980
 
 
 
Shares
Value»
QATAR — (Continued)
 
Commercial Bank
PSQC
2,869,365
$3,750,481
 
Dukhan Bank
1,044,432
1,022,327
*
Estithmar Holding
QPSC
372,743
412,528
#
Industries Qatar
QSC
231,604
808,408
 
Mesaieed
Petrochemical
Holding Co.
4,937,764
1,484,196
 
Nebras Energy
364,988
1,535,132
 
Ooredoo QPSC
1,014,178
3,988,028
#
Qatar Fuel QSC
403,871
1,719,633
 
Qatar Gas Transport
Co. Ltd.
2,385,438
3,141,970
 
Qatar International
Islamic Bank
QSC
733,828
2,302,750
#
Qatar Islamic Bank
QPSC
527,711
3,624,270
 
Qatar National Bank
QPSC
3,474,334
18,929,538
 
Qatar Navigation
QSC
744,069
2,311,610
TOTAL QATAR
47,291,039
RUSSIA — (0.0%)
* ††
Gazprom PJSC
(OGZD LI),
Sponsored ADR
982,159
0
* ††
Gazprom PJSC
(OGZPY US),
Sponsored ADR
311,153
0
* ††
Magnitogorsk Iron &
Steel Works PJSC
(MMK LI),
Sponsored GDR
172,148
0
* ††
PhosAgro PJSC
582
0
* ††
Polyus PJSC (PLZL
LI), GDR
20,177
0
* ††
RusHydro PJSC
(HYDR LI), ADR
801,602
0
* ††
RusHydro PJSC
(RSHYY US),
ADR
6,421
0
* ††
Sberbank of Russia
PJSC (SBER LI),
Sponsored ADR
948,237
0
* ††
Severstal PAO
(SVJTY US),
GDR
110
0
* ††
Severstal PAO
(SVST LI), GDR
67,765
0
* ††
VTB Bank PJSC
(VTBR LI), GDR
1,705,908
0

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
SAUDI ARABIA — (2.8%)
*
ACWA Power Co.
73,421
$3,664,261
#
Ades Holding Co.
319,117
1,635,088
 
Al Rajhi Bank
1,032,597
29,487,143
# *
Al Rajhi Co. for
Co-operative
Insurance
15,844
350,999
 
Aldrees Petroleum &
Transport Services
Co.
31,402
999,911
 
Alinma Bank
939,614
7,137,113
 
Almarai Co. JSC
480,024
5,662,558
 
Arab National Bank
744,215
4,516,826
 
Arabian Internet &
Communications
Services Co.
21,572
1,348,269
 
Astra Industrial
Group Co.
27,507
1,099,682
 
Bank AlBilad
633,158
4,483,132
*
Bank Al-Jazira
622,708
2,079,918
 
Banque Saudi
Fransi
958,286
4,612,814
#
Bupa Arabia for
Cooperative
Insurance Co.
60,442
2,655,296
 
Co. for Cooperative
Insurance
79,101
2,886,328
#
Dallah Healthcare
Co.
30,041
990,786
*
Dar Al Arkan Real
Estate
Development Co.
546,845
2,725,862
#
Dr. Sulaiman Al
Habib Medical
Services Group
Co.
71,653
4,997,211
#
Electrical Industries
Co.
322,105
1,172,600
 
Elm Co.
15,971
3,303,271
 
Etihad Etisalat Co.
520,555
9,795,859
 
Jamjoom
Pharmaceuticals
Factory Co.
15,365
573,171
 
Jarir Marketing Co.
521,114
1,982,486
 
Mobile
Telecommunications
Co. Saudi Arabia
129,774
382,889
 
Mouwasat Medical
Services Co.
95,550
1,773,563
#
Nahdi Medical Co.
30,024
788,342
*
Power & Water
Utility Co. for
Jubail & Yanbu
4,572
39,544
*
Rabigh Refining &
Petrochemical
Co.
408,020
774,247
*
Rasan Information
Technology Co.
9,179
342,082
 
 
 
Shares
Value»
SAUDI ARABIA — (Continued)
 
Riyad Bank
1,158,961
$8,697,603
 
Riyadh Cables
Group Co.
26,906
936,459
 
SABIC Agri-Nutrients
Co.
179,530
5,981,409
 
Sahara International
Petrochemical
Co.
336,949
1,376,734
 
SAL Saudi Logistics
Services
29,671
1,426,213
*
Saudi Arabian
Mining Co.
434,248
8,823,027
Ω
Saudi Arabian Oil
Co.
3,001,359
20,632,014
 
Saudi Aramco Base
Oil Co.
47,935
1,336,230
 
Saudi Awwal Bank
645,952
6,137,823
 
Saudi Basic
Industries Corp.
394,090
5,972,698
 
Saudi Electricity Co.
620,972
2,383,887
 
Saudi Industrial
Investment Group
263,094
877,824
 
Saudi Investment
Bank
578,763
2,160,063
 
Saudi National Bank
1,208,763
14,451,215
*
Saudi Research &
Media Group
28,918
922,999
 
Saudi Tadawul
Group Holding
Co.
21,551
922,773
 
Saudi Telecom Co.
1,584,604
18,810,489
#
Yanbu National
Petrochemical
Co.
223,149
1,607,290
TOTAL SAUDI ARABIA
205,718,001
SOUTH AFRICA — (3.4%)
 
Absa Group Ltd.
674,651
10,630,853
 
Anglogold Ashanti
PLC (AU US)
208,178
19,333,491
 
Bid Corp. Ltd.
237,947
5,944,527
 
Bidvest Group Ltd.
355,274
5,140,699
#
Capitec Bank
Holdings Ltd.
32,018
8,596,628
 
Clicks Group Ltd.
223,625
4,455,189
 
Discovery Ltd.
551,054
8,034,768
#
Exxaro Resources
Ltd.
68,777
784,019
#
FirstRand Ltd.
2,638,155
15,047,655
#
Gold Fields Ltd. (GFI
US), Sponsored
ADR
568,611
28,498,783
#
Harmony Gold
Mining Co. Ltd.
(HAR SJ)
355,901
7,562,386

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
SOUTH AFRICA — (Continued)
 
Harmony Gold
Mining Co. Ltd.
(HMY US),
Sponsored ADR
234,867
$5,012,062
 
Impala Platinum
Holdings Ltd.
695,506
12,963,704
#
Investec Ltd.
230,182
1,866,094
 
Kumba Iron Ore
Ltd.
73,385
1,627,862
 
Mr. Price Group Ltd.
15,974
175,413
 
MTN Group Ltd.
1,367,609
15,186,716
#
Naspers Ltd.,
Class N
270,865
16,583,776
 
Nedbank Group Ltd.
421,077
6,895,621
 
NEPI Rockcastle
NV
531,353
4,838,832
 
Northam Platinum
Holdings Ltd.
200,653
4,780,646
 
Old Mutual Ltd.
(OMU SJ)
4,994,158
4,793,056
#
OUTsurance Group
Ltd.
736,771
3,251,870
Ω
Pepkor Holdings
Ltd.
2,938,289
4,801,089
 
Sanlam Ltd.
1,392,750
8,725,071
*
Sasol Ltd. (SOL SJ)
586,406
4,141,950
# *
Sasol Ltd. (SSL US),
Sponsored ADR
54,961
391,322
 
Shoprite Holdings
Ltd.
353,663
5,835,085
*
Sibanye Stillwater
Ltd. (SBSW US),
ADR
549,421
9,274,226
 
Standard Bank
Group Ltd.
994,143
18,270,328
 
Tiger Brands Ltd.
10,967
228,007
 
Valterra Platinum
Ltd.
91,406
8,212,658
 
Vodacom Group
Ltd.
586,210
5,407,413
TOTAL SOUTH AFRICA
257,291,799
SOUTH KOREA — (15.9%)
*
ABLBio, Inc.
12,518
1,708,177
*
Alteogen, Inc.
25,292
7,232,858
 
Amorepacific Corp.
23,923
2,302,739
 
BNK Financial
Group, Inc.
280,250
3,229,349
 
Caregen Co. Ltd.
7,103
618,803
 
Celltrion Pharm, Inc.
7,577
383,132
 
Celltrion, Inc.
40,734
5,928,262
 
Cheil Worldwide,
Inc.
12,899
196,454
 
CJ CheilJedang
Corp.
9,559
1,413,646
 
CJ Corp.
20,934
3,161,643
 
CJ Logistics Corp.
738
53,092
 
 
 
Shares
Value»
SOUTH KOREA — (Continued)
 
Classys, Inc.
17,370
$893,546
 
Cosmax, Inc.
854
119,802
#
Coway Co. Ltd.
62,794
3,633,271
#
DB HiTek Co. Ltd.
27,804
2,028,603
 
DB Insurance Co.
Ltd.
61,354
6,057,447
 
Dongsuh Cos., Inc.
19,482
351,505
 
Doosan Bobcat, Inc.
62,204
2,532,446
#
Doosan Co. Ltd.
6,919
4,054,922
*
Doosan Enerbility
Co. Ltd.
230,151
14,367,400
#
Douzone Bizon Co.
Ltd.
13,356
901,194
*
Ecopro BM Co. Ltd.
16,046
2,570,330
 
Ecopro Co. Ltd.
50,001
5,609,281
 
E-MART, Inc.
4,139
261,249
 
Eo Technics Co.
Ltd.
2,704
697,555
 
F&F Co. Ltd.
1,544
78,045
 
GS Holdings Corp.
(078930 KS)
55,047
2,621,933
*
GS P&L Co. Ltd.
6,432
228,862
 
Hana Financial
Group, Inc.
312,933
21,743,239
 
Hanjin Kal Corp.
15,924
1,243,414
 
Hankook Tire &
Technology Co.
Ltd.
97,522
4,313,281
 
Hanmi Pharm Co.
Ltd.
4,951
1,666,964
 
Hanmi Science Co.
Ltd.
5,119
150,899
 
Hanmi
Semiconductor
Co. Ltd.
31,164
4,508,090
#
Hansol Chemical
Co. Ltd.
1,001
194,898
 
Hanwha Aerospace
Co. Ltd.
19,602
17,645,346
 
Hanwha Corp.
13,652
1,083,900
*
Hanwha Engine
23,711
891,870
*
Hanwha Life
Insurance Co.
Ltd.
109,339
264,355
*
Hanwha Ocean Co.
Ltd.
30,775
2,955,369
 
Hanwha Solutions
Corp.
92,221
1,760,744
 
Hanwha Systems
Co. Ltd.
46,497
3,041,002
*
Hanwha Vision Co.
Ltd.
20,731
883,825
 
HD Construction
Equipment Co.
Ltd.
12,216
919,603
 
HD Hyundai Co.
Ltd.
55,508
9,008,271

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
SOUTH KOREA — (Continued)
 
HD Hyundai Electric
Co. Ltd.
17,489
$10,714,544
 
HD Hyundai Heavy
Industries Co.
Ltd.
13,518
5,380,570
 
HD Korea
Shipbuilding &
Offshore
Engineering Co.
Ltd.
31,326
8,972,820
*
HD-Hyundai Marine
Engine
6,075
372,105
 
HL Mando Co. Ltd.
30,805
1,364,936
*
HLB, Inc.
40,235
1,543,185
 
HMM Co. Ltd.
169,460
2,348,828
*
HPSP Co. Ltd.
4,230
135,598
*
Hugel, Inc.
5,050
965,032
 
HYBE Co. Ltd.
11,677
3,017,945
 
Hyosung Heavy
Industries Corp.
2,938
5,269,479
 
Hyundai Autoever
Corp.
6,172
1,978,665
 
Hyundai Elevator
Co. Ltd.
15,545
1,015,829
 
Hyundai Engineering
& Construction
Co. Ltd.
68,357
4,852,153
 
Hyundai Glovis Co.
Ltd.
51,597
8,699,214
*
Hyundai Marine &
Fire Insurance Co.
Ltd.
30,480
594,250
 
Hyundai Mobis Co.
Ltd.
35,390
11,057,845
 
Hyundai Motor Co.
81,301
28,301,322
 
Hyundai Rotem Co.
Ltd.
66,286
10,598,821
 
Hyundai Steel Co.
77,199
1,675,469
*
Iljin Electric Co. Ltd.
16,502
761,357
 
Industrial Bank of
Korea
320,054
4,917,279
 
IsuPetasys Co. Ltd.
38,208
3,085,893
 
JB Financial Group
Co. Ltd.
154,394
2,693,830
 
JYP Entertainment
Corp.
21,035
1,070,496
 
Kakao Corp.
92,700
3,940,148
 
KakaoBank Corp.
128,179
2,033,234
*
Kakaopay Corp.
16,843
735,878
 
Kangwon Land, Inc.
78,639
951,100
 
KB Financial Group,
Inc. (105560 KS)
261,915
24,515,003
 
KCC Corp.
4,017
1,358,540
 
KEPCO Engineering
& Construction
Co., Inc.
8,024
728,560
 
 
 
Shares
Value»
SOUTH KOREA — (Continued)
 
KEPCO Plant
Service &
Engineering Co.
Ltd.
5,563
$215,648
 
Kia Corp.
207,178
22,044,390
 
KIWOOM Securities
Co. Ltd.
22,126
6,801,075
 
Korea Aerospace
Industries Ltd.
62,023
7,228,732
 
Korea Electric Power
Corp. (015760
KS)
174,466
7,036,751
 
Korea Gas Corp.
24,489
680,391
 
Korea Investment
Holdings Co. Ltd.
51,532
7,708,911
#
Korea Zinc Co. Ltd.
1,245
1,621,851
 
Korean Air Lines Co.
Ltd.
201,280
3,245,264
*
Krafton, Inc.
23,398
4,107,658
 
KT Corp. (KT US),
Sponsored ADR
82,100
1,717,532
 
KT&G Corp.
69,926
7,478,453
#
Kumho
Petrochemical Co.
Ltd.
17,000
1,697,967
# *
L&F Co. Ltd.
6,043
526,394
 
LEENO Industrial,
Inc.
52,270
3,805,658
#
LG Chem Ltd.
31,644
6,794,640
 
LG Corp.
75,623
4,800,422
*
LG Display Co. Ltd.
(034220 KS)
157,673
1,271,337
*
LG Display Co. Ltd.
(LPL US), ADR
290,355
1,152,709
 
LG Electronics, Inc.
149,323
10,238,140
*
LG Energy Solution
Ltd.
10,336
2,841,225
 
LG H&H Co. Ltd.
7,948
1,444,237
 
LG Innotek Co. Ltd.
15,931
2,705,107
#
LG Uplus Corp.
259,247
2,880,144
 
LIG Nex1 Co. Ltd.
12,128
4,045,306
*
LigaChem
Biosciences, Inc.
11,496
1,610,773
 
Lotte Chemical
Corp.
14,982
864,639
 
Lotte Corp.
24,075
523,131
 
Lotte Shopping Co.
Ltd.
2,374
138,531
 
LS Corp.
22,166
3,495,460
#
LS Electric Co. Ltd.
20,831
8,117,826
 
Macquarie Korea
Infrastructure
Fund
371,458
2,887,005
 
Meritz Financial
Group, Inc.
90,010
7,277,792
*
Mezzion Pharma Co.
Ltd.
6,943
829,757

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
SOUTH KOREA — (Continued)
 
Mirae Asset
Securities Co.
Ltd.
208,606
$6,184,224
 
Misto Holdings
Corp.
5,734
186,718
 
NAVER Corp.
45,056
8,564,320
 
NCSoft Corp.
10,567
1,718,411
Ω
Netmarble Corp.
24,593
899,619
 
NH Investment &
Securities Co.
Ltd.
170,869
3,203,515
 
NongShim Co. Ltd.
562
158,418
*
OliX
Pharmaceuticals,
Inc.
5,567
531,743
 
Orion Corp.
24,293
1,977,496
*
Peptron, Inc.
7,186
1,522,374
*
PharmaResearch
Co. Ltd.
4,048
1,328,354
 
Poongsan Corp.
12,142
1,107,119
 
Posco DX Co. Ltd.
33,027
885,287
*
POSCO Future M
Co. Ltd.
8,797
1,361,108
 
POSCO Holdings,
Inc. (005490 KS)
40,617
9,746,599
 
POSCO Holdings,
Inc. (PKX US),
Sponsored ADR
2,579
152,986
 
Posco International
Corp.
43,584
1,881,962
*
Rainbow Robotics
4,141
2,084,677
*
Robotis Co. Ltd.
2,943
687,097
 
S-1 Corp.
15,723
870,608
*
Sam Chun Dang
Pharm Co. Ltd.
7,088
2,353,417
* Ω
Samsung Biologics
Co. Ltd.
4,362
5,271,522
 
Samsung C&T
Corp.
47,044
9,806,583
 
Samsung Card Co.
Ltd. (029780 KS)
30,927
1,219,204
 
Samsung
Electro-Mechanics
Co. Ltd.
36,362
6,993,092
 
Samsung Electronics
Co. Ltd. (005930
KS)
3,156,038
348,662,390
 
Samsung
Engineering Co.
Ltd.
163,107
3,471,945
*
Samsung
Episholdings Co.
Ltd.
2,354
991,055
 
Samsung Fire &
Marine Insurance
Co. Ltd.
29,798
10,360,051
 
 
 
Shares
Value»
SOUTH KOREA — (Continued)
# *
Samsung Heavy
Industries Co.
Ltd.
308,492
$6,287,426
 
Samsung Life
Insurance Co.
Ltd.
47,725
6,214,058
 
Samsung SDI Co.
Ltd.
36,097
9,716,451
 
Samsung SDS Co.
Ltd.
38,386
4,602,950
#
Samsung Securities
Co. Ltd.
106,300
6,672,256
 
Samyang Foods Co.
Ltd.
3,294
2,692,045
*
Sanil Electric Co.
Ltd.
4,705
477,328
 
Shinhan Financial
Group Co. Ltd.
(055550 KS)
291,646
17,044,904
 
Shinhan Financial
Group Co. Ltd.
(SHG US), ADR
18,618
1,085,988
*
Silicon2 Co. Ltd.
7,404
271,914
*
SK
Biopharmaceuticals
Co. Ltd.
22,023
1,796,911
*
SK Bioscience Co.
Ltd.
17,980
632,025
 
SK Hynix, Inc.
350,913
219,102,017
 
SK Innovation Co.
Ltd.
37,174
2,884,073
 
SK Telecom Co. Ltd.
(017670 KS)
83,702
4,218,243
#
SK, Inc.
32,893
7,595,956
# *
SKC Co. Ltd.
10,347
835,661
 
SM Entertainment
Co. Ltd.
5,222
418,856
# *
S-Oil Corp.
38,378
2,819,442
 
ST Pharm Co. Ltd.
3,613
401,021
*
Taihan Cable &
Solution Co. Ltd.
43,396
880,777
*
Voronoi, Inc.
3,879
600,333
*
Wonik Holdings Co.
Ltd.
19,089
556,067
 
WONIK IPS Co.
Ltd.
15,802
1,243,129
 
Woori Financial
Group, Inc.
(316140 KS)
728,196
15,233,031
#
Youngone Corp.
19,151
1,209,659
 
Yuhan Corp.
26,467
1,978,294
TOTAL SOUTH KOREA
1,192,648,109
TAIWAN — (21.4%)
 
Accton Technology
Corp.
377,000
13,181,141

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Acer, Inc.
3,279,811
$2,606,212
 
Acter Group Corp.
Ltd.
95,000
1,890,802
 
ADATA Technology
Co. Ltd.
32,000
362,180
 
Advanced Echem
Materials Co. Ltd.
19,000
516,802
 
Advanced Energy
Solution Holding
Co. Ltd.
30,000
1,060,500
 
Advantech Co. Ltd.
403,089
3,804,032
 
Airtac International
Group
157,602
5,703,711
#
Alchip Technologies
Ltd.
65,000
6,381,662
 
ASE Technology
Holding Co. Ltd.
2,830,782
26,318,091
 
Asia Cement Corp.
2,725,758
3,041,424
 
Asia Vital
Components Co.
Ltd.
269,000
12,221,340
 
ASMedia
Technology, Inc.
39,000
1,590,512
 
ASPEED
Technology, Inc.
31,300
8,753,231
 
Asustek Computer,
Inc.
553,180
8,690,331
#
AUO Corp. (2409
TT)
7,603,498
3,293,312
 
AURAS Technology
Co. Ltd.
72,000
2,060,191
 
Bizlink Holding, Inc.
180,950
7,348,608
 
Bora
Pharmaceuticals
Co. Ltd.
10,094
193,016
*
Caliway
Biopharmaceuticals
Co. Ltd.
467,000
2,441,084
 
Capital Securities
Corp.
127,000
119,226
 
Catcher Technology
Co. Ltd.
708,429
4,524,478
 
Cathay Financial
Holding Co. Ltd.
6,531,393
15,560,924
 
Chailease Holding
Co. Ltd.
1,654,651
5,453,451
#
Chang Hwa
Commercial Bank
Ltd.
7,315,570
4,735,395
 
Chenbro Micom Co.
Ltd.
36,000
1,027,336
 
Cheng Shin Rubber
Industry Co. Ltd.
2,083,965
2,020,578
 
Chicony Electronics
Co. Ltd.
810,497
2,996,289
 
China Airlines Ltd.
4,636,536
3,261,755
#
China Steel Corp.
12,637,932
8,315,066
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Chroma ATE, Inc.
326,000
$10,010,282
 
Chung-Hsin Electric
& Machinery
Manufacturing
Corp.
78,000
416,857
 
Chunghwa Telecom
Co. Ltd. (2412
TT)
1,664,000
7,056,097
 
Chunghwa Telecom
Co. Ltd. (CHT
US), Sponsored
ADR
141,387
6,006,120
 
Compal Electronics,
Inc.
5,016,541
5,177,408
 
Compeq
Manufacturing Co.
Ltd.
1,260,000
6,718,037
 
CTBC Financial
Holding Co. Ltd.
11,441,175
18,433,385
 
Delta Electronics,
Inc.
964,486
36,807,017
 
E Ink Holdings, Inc.
892,000
4,958,772
 
E.Sun Financial
Holding Co. Ltd.
10,620,602
11,246,515
#
Eclat Textile Co.
Ltd.
228,402
2,857,316
 
Elite Material Co.
Ltd.
190,000
10,306,074
 
eMemory
Technology, Inc.
70,000
4,031,645
 
Eva Airways Corp.
4,456,758
5,275,183
 
Evergreen Marine
Corp. Taiwan Ltd.
1,045,289
6,173,679
 
EZconn Corp.
27,000
1,504,333
 
Far Eastern
International Bank
623,200
247,018
 
Far Eastern New
Century Corp.
3,702,085
3,259,628
#
Far EasTone
Telecommunications
Co. Ltd.
2,171,000
6,107,284
 
Feng TAY Enterprise
Co. Ltd.
635,666
1,937,700
 
First Financial
Holding Co. Ltd.
9,944,409
9,078,429
#
Formosa Chemicals
& Fibre Corp.
3,768,518
5,044,814
 
Formosa
Petrochemical
Corp.
863,000
1,466,296
 
Formosa Plastics
Corp.
4,146,153
6,211,013
 
Fortune Electric Co.
Ltd.
138,620
4,230,873
 
Fositek Corp.
30,000
1,334,619

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Foxconn Technology
Co. Ltd.
962,627
$1,741,438
 
Fubon Financial
Holding Co. Ltd.
5,756,933
16,531,489
 
Getac Holdings
Corp.
327,000
1,166,629
 
Gigabyte Technology
Co. Ltd.
580,000
4,266,864
 
Global Unichip
Corp.
69,000
5,661,252
 
Globalwafers Co.
Ltd.
282,000
4,433,779
 
Gold Circuit
Electronics Ltd.
337,000
7,359,079
 
Highwealth
Construction
Corp.
1,515,416
1,785,285
 
Hiwin Technologies
Corp.
60,291
472,522
#
Hon Hai Precision
Industry Co. Ltd.
(2317 TT)
5,740,322
39,679,509
 
Hotai Motor Co. Ltd.
268,960
4,636,274
 
Hua Nan Financial
Holdings Co. Ltd.
7,563,531
7,934,364
 
Innolux Corp.
6,916,372
4,744,998
#
International Games
System Co. Ltd.
284,000
6,449,494
 
Inventec Corp.
2,781,550
3,948,420
 
Jentech Precision
Industrial Co. Ltd.
50,000
4,430,012
#
KGI Financial
Holding Co. Ltd.
17,322,108
9,904,873
 
King Slide Works
Co. Ltd.
33,000
3,248,686
 
King Yuan
Electronics Co.
Ltd.
1,488,000
13,786,568
 
L&K Engineering Co.
Ltd.
170,000
3,069,524
 
Largan Precision Co.
Ltd. (3008 TT)
103,860
7,915,925
 
Lien Hwa Industrial
Holdings Corp.
1,050,859
1,535,805
 
Lite-On Technology
Corp.
1,515,410
7,789,478
 
Lotes Co. Ltd.
101,700
4,580,300
#
Lotus
Pharmaceutical
Co. Ltd.
88,000
1,007,173
 
Makalot Industrial
Co. Ltd.
33,020
319,204
 
MediaTek, Inc.
765,995
42,490,152
 
Mega Financial
Holding Co. Ltd.
7,725,541
9,499,705
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Micro-Star
International Co.
Ltd.
807,000
$2,302,334
 
Mitac Holdings
Corp.
890,000
2,213,343
 
momo.com, Inc.
47,832
285,369
 
MPI Corp.
49,000
3,872,418
 
Nan Ya Plastics
Corp.
4,051,599
9,685,661
 
Nan Ya Printed
Circuit Board
Corp.
199,000
2,423,673
*
Nanya Technology
Corp.
1,217,010
12,319,469
 
Nien Made
Enterprise Co.
Ltd.
267,000
3,602,438
#
Novatek
Microelectronics
Corp.
691,000
8,199,137
 
Pegatron Corp.
2,079,345
4,585,371
 
PharmaEssentia
Corp.
264,045
6,445,882
 
Phison Electronics
Corp.
169,000
12,533,147
#
Pou Chen Corp.
2,506,487
2,422,727
*
Powerchip
Semiconductor
Manufacturing
Corp.
2,791,000
5,988,283
 
Powertech
Technology, Inc.
902,819
7,149,020
#
President Chain
Store Corp.
742,831
5,043,953
#
Quanta Computer,
Inc.
2,224,000
19,578,242
#
Radiant
Opto-Electronics
Corp.
99,000
382,490
#
Realtek
Semiconductor
Corp.
502,950
7,695,028
#
Ruentex
Development Co.
Ltd.
1,626,101
1,486,052
 
Ruentex Industries
Ltd.
56,214
89,938
 
Sakura Development
Co. Ltd.
58,800
88,038
 
Sanyang Motor Co.
Ltd.
6,000
11,388
 
Shanghai
Commercial &
Savings Bank
Ltd.
4,073,718
5,102,946

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Shihlin Electric &
Engineering Corp.
252,000
$1,822,744
 
Silergy Corp.
173,000
1,527,084
 
Simplo Technology
Co. Ltd.
182,000
2,001,784
 
Sino-American
Silicon Products,
Inc.
56,000
212,131
#
SinoPac Financial
Holdings Co. Ltd.
10,368,699
9,391,801
 
Synnex Technology
International
Corp.
1,370,343
2,839,753
 
TA Chen Stainless
Pipe
2,104,636
2,612,735
#
Taichung
Commercial Bank
Co. Ltd.
4,056,555
2,575,898
 
Taiwan Business
Bank
8,943,181
4,357,786
 
Taiwan Cooperative
Financial Holding
Co. Ltd.
8,085,932
6,042,984
 
Taiwan FamilyMart
Co. Ltd.
4,000
24,149
 
Taiwan Fertilizer Co.
Ltd.
107,000
157,209
*
Taiwan Glass
Industry Corp.
408,375
617,178
 
Taiwan High Speed
Rail Corp.
2,026,000
1,758,210
#
Taiwan Mobile Co.
Ltd.
1,824,300
6,116,938
#
Taiwan Secom Co.
Ltd.
71,670
242,530
 
Taiwan
Semiconductor
Manufacturing Co.
Ltd. (2330 TT)
12,384,808
684,829,142
 
Taiwan Union
Technology Corp.
214,000
3,384,758
 
Tatung Co. Ltd.
1,444,600
1,771,874
 
TCC Group Holdings
Co. Ltd.
7,282,701
6,093,274
 
Teco Electric &
Machinery Co.
Ltd.
1,557,000
3,971,362
#
Transcend
Information, Inc.
169,000
1,406,973
 
Tripod Technology
Corp.
561,870
6,621,814
#
TS Financial Holding
Co. Ltd (2887 TT)
21,572,398
15,504,422
*
TS Financial Holding
Co. Ltd (28871
TT)
2,690,628
795,963
 
 
 
Shares
Value»
TAIWAN — (Continued)
 
Unimicron
Technology Corp.
1,295,622
$15,400,816
 
Union Bank of
Taiwan
1,077,370
638,504
 
Uni-President
Enterprises Corp.
4,892,033
11,129,484
 
United Integrated
Services Co. Ltd.
170,000
4,847,748
 
United
Microelectronics
Corp. (2303 TT)
9,504,000
18,910,612
#
United
Microelectronics
Corp. (UMC US),
Sponsored ADR
59,082
601,455
 
Vanguard
International
Semiconductor
Corp.
1,125,126
5,100,308
 
VisEra Technologies
Co. Ltd.
104,000
929,142
 
Voltronic Power
Technology Corp.
97,224
2,611,430
 
Walsin Lihwa Corp.
3,142,952
4,301,482
 
Wan Hai Lines Ltd.
886,747
2,076,759
 
Win Semiconductors
Corp.
301,000
2,225,738
# *
Winbond Electronics
Corp.
3,826,591
15,131,647
* ††
Wintek Corp.
604,760
0
 
WinWay Technology
Co. Ltd.
14,000
1,721,019
#
Wistron Corp.
2,463,699
10,082,432
#
Wiwynn Corp.
132,000
14,796,157
#
WNC Corp.
21,172
123,471
 
WPG Holdings Ltd.
1,741,039
3,540,933
 
WT Microelectronics
Co. Ltd.
732,945
3,618,488
 
Yageo Corp.
1,366,536
11,930,375
#
Yang Ming Marine
Transport Corp.
2,002,000
3,396,817
 
Yuanta Financial
Holding Co. Ltd.
9,309,018
12,681,032
 
Zhen Ding
Technology
Holding Ltd.
936,700
5,772,518
TOTAL TAIWAN
1,597,513,085
THAILAND — (1.2%)
 
Advanced Info
Service PCL
616,200
6,833,906
 
Airports of Thailand
PCL
1,871,000
2,986,866
#
Asset World Corp.
PCL
6,929,500
478,204

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
THAILAND — (Continued)
 
B Grimm Power
PCL
654,300
$265,194
 
Bangchak Corp.
PCL
656,200
631,080
#
Bangkok Bank PCL
(BBLF TB)
529,400
2,655,736
 
Bangkok Bank PCL
(BBLR TB),
NVDR
126,700
635,591
 
Bangkok Dusit
Medical Services
PCL, Class F
4,642,300
2,960,557
#
Bangkok
Expressway &
Metro PCL
5,243,799
874,838
#
Banpu PCL
7,701,966
1,309,772
 
Berli Jucker PCL
973,200
445,872
*
BTS Group Holdings
PCL
12,362,900
854,061
 
Bumrungrad Hospital
PCL
496,000
2,638,926
 
Cal-Comp
Electronics
Thailand PCL,
Class F
2,100,200
317,645
 
Carabao Group
PCL
273,600
375,266
 
Central Pattana
PCL
1,355,000
2,478,877
#
Central Plaza Hotel
PCL
608,000
679,078
 
Central Retail Corp.
PCL
1,472,650
918,939
 
Charoen Pokphand
Foods PCL
3,273,523
2,144,318
#
Com7 PCL
1,465,900
1,018,462
 
CP ALL PCL
2,201,500
3,035,099
 
CP Axtra PCL
1,222,761
573,849
 
Delta Electronics
Thailand PCL
1,253,600
8,111,028
 
Electricity
Generating PCL
203,700
758,075
 
Global Power
Synergy PCL
529,000
594,467
*
Gulf Development
PCL
1,894,125
2,817,534
 
Home Product
Center PCL
4,731,213
1,064,304
#
Indorama Ventures
PCL
1,320,300
855,016
 
I-TAIL Corp. PCL
519,000
283,311
#
Kasikornbank PCL
(KBANKF TB)
220,900
1,319,327
#
Kasikornbank PCL
(KBANKR TB),
NVDR
5,500
32,849
 
 
 
Shares
Value»
THAILAND — (Continued)
 
Kiatnakin Phatra
Bank PCL
219,787
$502,699
 
Krung Thai Bank
PCL
1,595,187
1,431,416
 
Krungthai Card PCL
964,700
877,267
 
Land & Houses PCL
(LHF TB)
5,285,700
654,767
 
MBK PCL
589,604
337,488
 
Minor International
PCL
2,962,683
2,147,890
 
Muangthai Capital
PCL
811,400
869,370
 
Osotspa PCL
1,257,300
702,753
 
PTT Exploration &
Production PCL
1,146,255
4,480,963
 
PTT Global
Chemical PCL
1,386,625
1,087,948
 
PTT Oil & Retail
Business PCL
2,042,500
879,660
 
PTT PCL
6,050,800
6,531,755
 
Ratch Group PCL
926,700
912,769
 
SCB X PCL
397,466
1,711,010
 
SCG Packaging
PCL
997,801
630,964
 
Siam Cement PCL
454,000
2,964,314
 
Srisawad Corp. PCL
783,000
618,266
 
Supalai PCL
128,900
74,496
*
Thai Airways
International PCL
4,440,100
1,052,568
 
Thai Life Insurance
PCL
1,233,000
465,053
 
Thai Oil PCL
1,118,117
1,520,712
#
Thai Union Group
PCL
2,778,040
1,040,968
 
Thanachart Capital
PCL
314,900
590,220
 
TIDLOR Holdings
PCL
1,228,549
662,257
#
Tisco Financial
Group PCL
(TISCO/F TB)
173,900
621,132
 
TMBThanachart
Bank PCL
19,015,797
1,219,033
#
True Corp. PCL
9,077,286
3,343,132
 
TTW PCL
684,628
200,080
 
WHA Corp. PCL
6,825,800
752,175
TOTAL THAILAND
89,831,172
TURKEY — (0.7%)
*
Ahlatci Dogal Gaz
Dagitim Enerji VE
Yatirim AS
564,576
344,363
 
Akbank TAS
2,245,240
4,802,702
*
Aksa Enerji Uretim
AS
293,985
499,030

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
TURKEY — (Continued)
 
Anadolu Anonim
Turk Sigorta
Sirketi
24,714
$16,249
 
Anadolu Efes
Biracilik Ve Malt
Sanayii AS
1,950,572
863,043
*
Arcelik AS
54,843
144,123
#
Aselsan Elektronik
Sanayi Ve Ticaret
AS
372,393
2,605,784
 
Astor Transformator
Enerji Turizm
Insaat Ve Petrol
Sanayi Ticaret AS
244,692
898,454
 
Aygaz AS
48,405
267,064
 
BIM Birlesik
Magazalar AS
191,104
2,916,381
*
Borusan Birlesik
Boru Fabrikalari
Sanayi ve Ticaret
AS
14,476
214,325
#
Borusan Yatirim ve
Pazarlama AS
2,836
150,515
 
Coca-Cola Icecek
AS
700,396
1,161,010
 
Dogan Sirketler
Grubu Holding AS
591,646
295,486
 
Dogus Otomotiv
Servis ve Ticaret
AS
9,274
48,971
 
Efor Yatirim Sanayi
Ticaret AS
68,395
35,838
 
EIS Eczacibasi Ilac
ve Sinai ve
Finansal Yatirimlar
Sanayi ve Ticaret
AS
100,717
276,069
Ω
Enerjisa Enerji AS
197,327
475,396
 
Enerya Enerji AS
1,221,525
278,820
 
Enka Insaat ve
Sanayi AS
658,060
1,478,605
 
Eregli Demir ve
Celik Fabrikalari
TAS
2,057,610
1,332,013
 
Ford Otomotiv
Sanayi AS
249,926
653,263
 
GEN Ilac VE Saglik
Urunleri Sanayi
VE Ticaret AS
46,775
129,892
*
Gubre Fabrikalari
TAS
56,829
629,113
 
Is Yatirim Menkul
Degerler AS
499,858
552,532
 
Kiler Holding AS
75,631
1,026,393
 
KOC Holding AS
400,630
1,916,140
 
LDR Turizm AS
32,515
53,753
 
 
 
Shares
Value»
TURKEY — (Continued)
*
Margun Enerji
Uretim Sanayi VE
Ticaret AS
565,355
$535,020
 
Migros Ticaret AS
64,229
940,764
* Ω
MLP Saglik
Hizmetleri AS
66,911
725,102
# *
Otokar Otomotiv Ve
Savunma Sanayi
AS
18,649
185,433
 
Oyak Cimento
Fabrikalari AS
780,529
496,336
# *
Pasifik Eurasia
Lojistik Dis Ticaret
AS
140,566
480,546
*
Pegasus Hava
Tasimaciligi AS
277,708
1,303,973
*
Peker Gayrimenkul
Yatirim Ortakligi
AS
4,214,633
970,827
*
Ral Yatirim Holding
AS
55,136
238,773
# *
Sasa Polyester
Sanayi AS
4,455,791
261,417
 
Selcuk Ecza Deposu
Ticaret ve Sanayi
AS
20,910
38,669
 
TAB Gida Sanayi Ve
Ticaret AS
49,705
307,385
*
TAV Havalimanlari
Holding AS
174,734
1,399,215
*
Tera Yatirim Menkul
Degerler AS
120,157
575,104
 
Tofas Turk Otomobil
Fabrikasi AS
67,787
509,735
*
Turk Altin Isletmeleri
AS
697,595
870,791
 
Turk Hava Yollari
AO
426,840
2,985,579
*
Turk
Telekomunikasyon
AS
511,108
778,598
#
Turk Traktor ve
Ziraat Makineleri
AS
11,346
154,395
 
Turkcell Iletisim
Hizmetleri AS
1,294,057
3,487,614
 
Turkiye Garanti
Bankasi AS
391,168
1,451,893
 
Turkiye Is Bankasi
AS, Class C
5,839,000
2,244,620
 
Turkiye Petrol
Rafinerileri AS
578,282
3,258,664
 
Turkiye Sigorta AS
1,696,745
475,147
#
Turkiye Sise ve Cam
Fabrikalari AS
973,120
1,022,127

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
TURKEY — (Continued)
*
Turkiye Vakiflar
Bankasi TAO,
Class D
1,068,178
$901,116
 
Vestel Beyaz Esya
Sanayi ve Ticaret
AS
29,061
5,505
# *
Yapi ve Kredi
Bankasi AS
2,751,893
2,599,137
 
Ziraat Gayrimenkul
Yatirim Ortakligi
AS
611,638
334,937
TOTAL TURKEY
53,603,749
UNITED ARAB EMIRATES — (1.6%)
 
Abu Dhabi
Commercial Bank
PJSC
2,375,851
9,854,784
 
Abu Dhabi Islamic
Bank PJSC
1,455,556
9,653,458
 
Abu Dhabi National
Oil Co. for
Distribution PJSC
2,765,906
3,087,959
 
ADNOC Drilling Co.
PJSC
2,163,825
3,141,452
 
ADNOC Logistics &
Services
1,473,982
2,252,511
 
Aldar Properties
PJSC
1,925,770
5,034,370
 
Alpha Dhabi Holding
PJSC
519,764
1,263,478
 
Dubai Electricity &
Water Authority
PJSC
3,836,233
3,155,920
#
Dubai Islamic Bank
PJSC
3,342,794
8,794,143
 
Emaar Development
PJSC
910,899
4,269,378
#
Emaar Properties
PJSC
5,060,909
20,702,625
 
Emirates Integrated
Telecommunications
Co. PJSC
1,050,419
2,949,046
 
Emirates NBD Bank
PJSC
1,924,678
16,300,485
 
Emirates
Telecommunications
Group Co. PJSC
1,708,510
9,164,256
 
First Abu Dhabi
Bank PJSC
1,807,134
9,156,271
# *
International Holding
Co. PJSC
23,416
2,547,176
*
Modon Holding PSC
2,095,273
1,930,094
 
Salik Co. PJSC
1,663,613
2,891,051
 
 
 
Shares
Value»
UNITED ARAB EMIRATES — (Continued)
*
Two Point Zero
Group PJSC
399,219
$245,344
TOTAL UNITED ARAB
EMIRATES
116,393,801
TOTAL COMMON
STOCKS
7,246,564,400
PREFERRED STOCKS — (0.8%)
BRAZIL — (0.8%)
 
Axia Energia
Class B, 7.132%
156,346
1,717,422
*
Axia Energia
Class C
252,675
2,535,032
 
Banco Bradesco SA,
6.739%
2,039,114
8,256,809
 
Cia Energetica de
Minas Gerais,
14.378%
1,422,778
3,103,604
 
Energisa SA,
4.001%
702
1,275
 
Gerdau SA, 2.765%
579,335
2,468,042
 
Isa Energia Brasil
SA, 9.871%
31,900
168,872
 
Itau Unibanco
Holding SA,
9.784%
1,883,251
16,281,959
*
Localiza Rent a Car
SA
26,035
230,829
 
Petroleo Brasileiro
SA - Petrobras,
7.682%
3,320,647
23,825,496
TOTAL BRAZIL
58,589,340
CHILE — (0.0%)
 
Embotelladora
Andina SA,
1.318%
234,235
1,230,423
COLOMBIA — (0.0%)
 
Grupo Argos SA,
4.719%
25,794
101,728
 
Grupo Aval Acciones
y Valores SA,
2.827%
302,827
73,313
 
Grupo Cibest SA,
5.992%
43,250
883,276
 
Grupo de
Inversiones
Suramericana SA,
2.879%
125,293
1,765,745
TOTAL COLOMBIA
2,824,062

The Emerging Markets Series
CONTINUED
 
 
 
Shares
Value»
 
INDIA — (0.0%)
 
TVS Motor Co. Ltd.,
6.000%
870,308
$94,612
TOTAL PREFERRED
STOCKS
62,738,437
TOTAL INVESTMENT
SECURITIES
(Cost $3,054,491,517)
7,309,302,837
 
 
 
 
Value
SECURITIES LENDING COLLATERAL — (2.3%)
@ §
The DFA Short Term
Investment Fund
14,794,945
171,133,125
TOTAL INVESTMENTS — (100.0%)
(Cost $3,225,624,642)^^
$7,480,435,962
ADR
American Depositary Receipt
GDR
Global Depositary Receipt
»
Securities have generally been fair valued. See Security
Valuation Note within the Notes to Schedules of
Investments.
#
Total or Partial Securities on Loan.
*
Non-Income Producing Securities.
Ω
Rule 144A, Section 4(2), or other security that is
restricted as to resale to institutional investors. This
security has been deemed liquid based upon the
Fund’s Liquidity Guidelines. The liquidity determination
is unaudited.
††
Security valued using significant unobservable inputs
(Level 3).
See Security Valuation Note within the Notes to
Schedules of Investments.
@
Security purchased with cash collateral received from
Securities on Loan.
§
Affiliated Fund.
^^
See Federal Tax Cost Note within the Notes to
Schedules of Investments.
As of January 31, 2026, The Emerging Markets Series had entered into the following outstanding futures contracts:
Description
Number of
Contracts
Expiration
Date
Notional
Value
Market
Value
Unrealized
Appreciation
(Depreciation)
Long Position Contracts:
 
S&P 500® Emini Index
250
03/20/26
$86,985,707
$87,071,875
$86,168
Total Futures Contracts
 
$86,985,707
$87,071,875
$86,168
As of January 31, 2026, the value of Rule 144A securities amounted to $289,955,321 or 3.9% of net assets.
Summary of the Series' investments as of January 31, 2026, based on their valuation inputs, is as follows (see Security Valuation Note):
 
Investments in Securities (Market Value)
 
Level 1
Level 2
Level 3
Total
Assets
Common Stocks
Brazil
$222,578,212
$222,578,212
Chile
17,219,473
$25,543,630
42,763,103
China
204,766,741
1,550,762,527
1,755,529,268
Colombia
12,474,604
644,034
13,118,638
Czech Republic
8,720,282
8,720,282
Egypt
356,618
4,330,488
4,687,106
Greece
5,398,433
39,705,884
45,104,317
Hungary
25,625,636
25,625,636
India
31,930,539
1,033,373,375
1,065,303,914
Indonesia
90,517,259
90,517,259
Kuwait
40,698,030
40,698,030
Malaysia
107,327,582
107,327,582
Mexico
135,488,332
135,488,332
Peru
12,578,509
12,578,509
Philippines
30,566,209
30,566,209

The Emerging Markets Series
CONTINUED
 
Investments in Securities (Market Value)
 
Level 1
Level 2
Level 3
Total
Poland
$85,667,248
$85,667,248
Qatar
47,291,039
47,291,039
Saudi Arabia
205,718,001
205,718,001
South Africa
$62,509,884
194,781,915
257,291,799
South Korea
5,100,270
1,187,547,839
1,192,648,109
Taiwan
6,607,575
1,590,905,510
1,597,513,085
Thailand
89,831,172
89,831,172
Turkey
53,603,749
53,603,749
United Arab Emirates
116,393,801
116,393,801
Preferred Stocks
Brazil
58,589,340
58,589,340
Chile
1,230,423
1,230,423
Colombia
2,824,062
2,824,062
India
94,612
94,612
Securities Lending Collateral
171,133,125
171,133,125
Total Investments in Securities
$778,422,592
$6,702,013,370
—˂˃
$7,480,435,962
Financial Instruments
Assets
Futures Contracts**
86,168
86,168
Total Financial Instruments
$86,168
$86,168
** Valued at the unrealized appreciation/(depreciation) on the investment.
˂˃
A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning
and/or end of the reporting period in relation to net assets.

ORGANIZATION
The DFA Investment Trust Company (the “Trust”) is an open-end management investment company registered under the Investment Company Act of 1940 (the “1940 Act”). The Trust’s advisor is Dimensional Fund Advisors LP (the “Advisor”). At January 31, 2026, the Trust consisted of ten operational portfolios, of which three (the “Series”) are included in this document and are “Master Funds” in a master-feeder structure.
SECURITY VALUATION
The Series use a fair value hierarchy, which prioritizes the inputs-to-valuation techniques used to measure fair value into three broad levels described below:
•   Level 1 - inputs are quoted prices in active markets for identical securities (including equity securities, open-end investment companies and futures contracts)
•   Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
•   Level 3 - significant unobservable inputs (including the Series' own assumptions in determining the fair value of investments)
Securities held by the Domestic Equity Portfolio (The U.S. Large Cap Value Series) and the International Equity Portfolios (The DFA International Value Series and The Emerging Markets Series) including over-the-counter securities (“OTC”), are valued at the last quoted sale price of the day. International equity securities are subject to a fair value factor, as described later in this note. Securities held by the Domestic Equity Portfolios and the International Equity Portfolios that are listed on Nasdaq are valued at the Nasdaq Official Closing Price (“NOCP”). If there is no last reported sale price or NOCP for the day, the Domestic Equity Portfolios and the International Equity Portfolios value the securities within the range of the most recent quoted bid and ask prices. Price information on listed securities is taken from the exchange where the security is primarily traded. Generally, securities issued by open-end management investment companies are valued using their respective net asset values or public offering prices, as appropriate, for purchase orders placed at the close of the New York Stock Exchange (“NYSE”). These securities are generally categorized as Level 1 in the hierarchy. The investment in The DFA Short Term Investment Fund (the “Short Term Series”), which is an open-end management investment company available for purchase only by the Portfolios and affiliated funds, is categorized as Level 2 in the hierarchy.
Securities for which no market quotations are readily available (including restricted securities), or for which market quotations have become unreliable, are valued in good faith at fair value in accordance with Rule 2a-5 under the 1940 Act pursuant to procedures approved by the Board of Trustees of the Trust. Fair value pricing may also be used if events that have a significant effect on the value of an investment (as determined in the discretion of the Advisor) occur before the net asset value of the Series is calculated. When fair value pricing is used, the prices of securities used by the Series may differ from the quoted or published prices for the same securities on their primary markets or exchanges. These securities are generally categorized as Level 2 or Level 3 in the hierarchy.
The International Equity Portfolios will also apply a fair value price in the circumstances described below. Generally, trading in foreign securities markets is completed each day at various times prior to the close of the NYSE. For example, trading in the Japanese securities markets is completed each day at the close of the Tokyo Stock Exchange (normally, 2:00 a.m. ET), which is fourteen hours before the close of the NYSE (normally, 4:00 p.m. ET) and the time that the net asset values of the International Equity Portfolios are computed. Due to the time differences between the closings of the relevant foreign securities exchanges and the time the International Equity Portfolios price their shares at the close of the NYSE, the International Equity Portfolios will fair value their foreign investments when it is determined that the market quotations for the foreign investments are either unreliable or not readily available. The fair value prices will attempt to reflect the impact of the U.S. financial markets’ perceptions and trading activities on the International Equity Portfolios’ foreign investments since the last closing prices of the foreign investments were calculated on their primary foreign securities markets or exchanges. For these purposes, the Advisor has determined that movements in relevant indices or other appropriate market indicators, after the close of the Tokyo Stock Exchange or the London Stock Exchange, demonstrate that market quotations may be unreliable. Fair valuation of portfolio securities may occur on a daily basis. The fair value pricing by the International Equity Portfolios uses data furnished by an independent pricing service (and that data draws upon, among other information, the market values

of foreign investments). When an International Equity Portfolio uses fair value pricing, the values assigned to the International Equity Portfolio’s foreign investments may not be the quoted or published prices of the investments on their primary markets or exchanges. These securities are generally categorized as Level 2 in the hierarchy.
Futures contracts held by the Series are valued using the settlement price established each day on the exchange on which they are traded. These valuations are generally categorized as Level 1 in the hierarchy.
OTC derivative contracts, which include forward currency contracts, do not require material subjectivity as pricing inputs are observed from quoted markets and are categorized as Level 2 in the hierarchy.
A summary of the inputs used to value the Series' investments by each major security type, industry and/or country is disclosed previously in this note. A valuation hierarchy table has been included at the end of the Schedule of Investments. The methodology or inputs used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
FINANCIAL INSTRUMENTS
In accordance with the Series' investment objectives and policies, the Series may invest in certain financial instruments that have off-balance sheet risk in excess of the amounts recognized in the financial statements and concentrations of credit and market risk. These instruments and their significant corresponding risks are described below:
1. FOREIGN MARKET RISKS: Investments in foreign markets may involve certain considerations and risks not typically associated with investments in the United States of America, including the possibility of future political and economic developments and the level of foreign governmental supervision and regulation of foreign securities markets. These markets are generally smaller, less liquid and more volatile than the major securities markets in the United States of America. Consequently, acquisition and disposition of international securities held by the Series may be inhibited.
Derivative Financial Instruments
Summarized below are the specific types of derivative instruments used by the Series.
2. FUTURES CONTRACTS: The Series may purchase or sell futures contracts and options on futures contracts for equity securities and indices to increase or decrease market exposure based on actual or expected cash inflows to or outflows from the Series. Upon entering into a futures contract, a Series deposits cash or pledges U.S. Government securities to a broker in an amount equal to the minimum “initial margin” requirements of the exchange on which the contract is traded. Subsequent payments are received from or paid to the broker each day, based on the daily fluctuation in the market value of the contract. These receipts or payments are known as “variation margin” and are recorded daily by the Series as unrealized gains or losses until the contracts are closed. When the contracts are closed, the Series records a realized gain or loss, which is presented in the Statements of Operations as a net realized gain or loss on futures, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed.
Risks may arise upon entrance into futures contracts from potential imperfect price correlations between the futures contracts and the underlying securities or indices, from the possibility of an illiquid secondary market for these instruments and from the possibility that the Series could lose more than the initial margin requirements. A Series entering into stock index futures is subject to equity price risk from those futures contracts.
FEDERAL TAX COST
At January 31, 2026, the total cost of securities for federal income tax purposes was:
 
Federal
Tax Cost
The U.S. Large Cap Value Series
$18,244,266
The DFA International Value Series
10,164,644
The Emerging Markets Series
3,377,890

OTHER
The Series and the Trust are subject to claims and suits that arise from time to time in the ordinary course of business. Although management currently believes that resolving claims, if any, against the Series and the Trust, individually or in aggregate, will not have a material adverse impact on the Series’ and the Trust’s financial position or results of operations, these matters are subject to inherent uncertainties and management’s view of these matters may change in the future.
SUBSEQUENT EVENT EVALUATIONS
Management has evaluated the impact of all subsequent events on the Series through the date on which the financial statements were issued and has determined that there are no subsequent events requiring recognition or disclosure in the financial statements.