|
Security
|
|
Shares
|
Value
|
|
Common Stocks
|
|||
|
Aerospace & Defense — 4.6%
|
|||
|
AeroVironment, Inc.(a)(b)
|
|
1,097,572
|
$ 181,176,210
|
|
ATI, Inc.(a)
|
|
4,645,123
|
915,553,743
|
|
BWX Technologies, Inc.
|
|
3,118,353
|
606,987,412
|
|
Carpenter Technology Corp.(b)
|
|
1,691,209
|
1,043,205,360
|
|
Curtiss-Wright Corp.(b)
|
|
1,257,386
|
952,796,815
|
|
Hexcel Corp.
|
|
2,567,349
|
256,888,941
|
|
Kratos Defense & Security Solutions, Inc.(a)(b)
|
|
6,382,743
|
318,243,566
|
|
Moog, Inc., Class A(b)
|
|
967,998
|
410,276,272
|
|
StandardAero, Inc.(a)(b)
|
|
6,448,636
|
192,878,703
|
|
Woodward, Inc.(b)
|
|
2,028,064
|
862,819,548
|
|
|
|
|
5,740,826,570
|
|
Air Freight & Logistics — 0.2%
|
|||
|
GXO Logistics, Inc.(a)(b)
|
|
3,916,013
|
198,541,859
|
|
Automobile Components — 1.0%
|
|||
|
Autoliv, Inc.
|
|
2,344,301
|
272,337,447
|
|
BorgWarner, Inc.
|
|
6,981,624
|
463,579,834
|
|
Gentex Corp.
|
|
7,248,385
|
183,166,689
|
|
Goodyear Tire & Rubber Co. (The)(a)(b)
|
|
9,780,813
|
64,553,366
|
|
Lear Corp.
|
|
1,705,114
|
228,587,583
|
|
Visteon Corp.
|
|
908,607
|
90,142,900
|
|
|
|
|
1,302,367,819
|
|
Automobiles — 0.2%
|
|||
|
Harley-Davidson, Inc.
|
|
3,586,189
|
87,718,183
|
|
Thor Industries, Inc.
|
|
1,790,232
|
134,553,837
|
|
|
|
|
222,272,020
|
|
Banks — 5.9%
|
|||
|
Associated Banc-Corp
|
|
5,560,509
|
171,096,862
|
|
Bank OZK
|
|
3,427,536
|
178,540,350
|
|
Columbia Banking System, Inc.
|
|
9,853,555
|
315,806,438
|
|
Commerce Bancshares, Inc.
|
|
4,614,580
|
266,491,995
|
|
Cullen/Frost Bankers, Inc.
|
|
2,137,472
|
330,282,174
|
|
East West Bancorp, Inc.
|
|
4,663,015
|
601,948,606
|
|
First Financial Bankshares, Inc.
|
|
4,438,047
|
153,556,426
|
|
First Horizon Corp.
|
|
16,154,894
|
414,211,482
|
|
Flagstar Bank N.A.(b)
|
|
10,214,932
|
152,611,084
|
|
FNB Corp.
|
|
12,116,180
|
231,176,714
|
|
Glacier Bancorp, Inc.
|
|
4,385,468
|
226,202,440
|
|
Hancock Whitney Corp.
|
|
2,762,420
|
206,408,022
|
|
Home BancShares, Inc.
|
|
6,375,729
|
182,027,063
|
|
International Bancshares Corp.
|
|
1,841,355
|
139,850,912
|
|
Old National Bancorp
|
|
11,704,602
|
303,149,192
|
|
Pinnacle Financial Partners, Inc.
|
|
5,119,294
|
516,434,379
|
|
Prosperity Bancshares, Inc.
|
|
3,432,883
|
250,703,446
|
|
Southstate Bank Corp.
|
|
3,324,394
|
332,106,961
|
|
Texas Capital Bancshares, Inc.
|
|
1,486,462
|
153,492,066
|
|
UMB Financial Corp.
|
|
2,430,991
|
347,048,275
|
|
United Bankshares, Inc.
|
|
4,683,393
|
214,639,901
|
|
Valley National Bancorp
|
|
16,220,746
|
237,633,929
|
|
Webster Financial Corp.
|
|
5,514,989
|
421,455,459
|
|
Western Alliance Bancorp
|
|
3,485,316
|
286,492,975
|
|
Wintrust Financial Corp.
|
|
2,295,779
|
368,977,601
|
|
Zions Bancorp N.A.
|
|
5,011,017
|
346,712,266
|
|
|
|
|
7,349,057,018
|
|
Beverages — 0.5%
|
|||
|
Boston Beer Co., Inc. (The), Class A(a)(b)
|
|
255,433
|
45,219,304
|
|
Celsius Holdings, Inc.(a)(b)
|
|
5,394,871
|
157,961,823
|
|
Coca-Cola Consolidated, Inc.
|
|
1,923,698
|
367,272,422
|
|
|
|
|
570,453,549
|
|
Security
|
|
Shares
|
Value
|
|
Biotechnology — 3.1%
|
|||
|
Arrowhead Pharmaceuticals, Inc.(a)(b)
|
|
4,794,436
|
$ 390,794,478
|
|
BioMarin Pharmaceutical, Inc.(a)(b)
|
|
6,578,939
|
376,446,890
|
|
Cytokinetics, Inc.(a)(b)
|
|
4,621,338
|
393,691,784
|
|
Exelixis, Inc.(a)(b)
|
|
8,555,549
|
465,507,421
|
|
Halozyme Therapeutics, Inc.(a)(b)
|
|
4,037,317
|
316,000,802
|
|
Neurocrine Biosciences, Inc.(a)
|
|
3,422,492
|
576,809,689
|
|
Roivant Sciences Ltd.(a)
|
|
15,347,302
|
543,141,018
|
|
United Therapeutics Corp.(a)
|
|
1,444,792
|
782,831,649
|
|
|
|
|
3,845,223,731
|
|
Broadline Retail — 0.3%
|
|||
|
Macy’s, Inc.
|
|
8,977,074
|
211,410,093
|
|
Ollie’s Bargain Outlet Holdings, Inc.(a)(b)
|
|
2,064,760
|
158,738,749
|
|
|
|
|
370,148,842
|
|
Building Products — 2.0%
|
|||
|
AAON, Inc. USD(b)
|
|
2,314,112
|
293,568,248
|
|
Advanced Drainage Systems, Inc.
|
|
2,439,277
|
382,868,918
|
|
Carlisle Cos., Inc.
|
|
1,374,158
|
498,475,814
|
|
Fortune Brands Innovations, Inc.
|
|
4,060,454
|
222,918,925
|
|
Owens Corning
|
|
2,740,986
|
435,707,135
|
|
Simpson Manufacturing Co., Inc.
|
|
1,400,254
|
293,143,175
|
|
Trex Co., Inc.(a)(b)
|
|
3,536,471
|
176,965,009
|
|
UFP Industries, Inc.
|
|
1,922,437
|
174,441,933
|
|
|
|
|
2,478,089,157
|
|
Capital Markets — 2.3%
|
|||
|
Affiliated Managers Group, Inc.(b)
|
|
899,000
|
304,221,600
|
|
Carlyle Group, Inc. (The)
|
|
8,821,917
|
371,490,925
|
|
Evercore, Inc., Class A
|
|
1,317,789
|
449,945,876
|
|
Federated Hermes, Inc., Class B, NVS
|
|
2,465,089
|
136,122,215
|
|
Hamilton Lane, Inc., Class A
|
|
1,390,895
|
109,644,253
|
|
Houlihan Lokey, Inc., Class A
|
|
1,845,529
|
247,540,805
|
|
Janus Henderson Group PLC
|
|
4,219,145
|
219,184,583
|
|
Jefferies Financial Group, Inc.
|
|
5,566,702
|
278,223,766
|
|
Morningstar, Inc.
|
|
750,751
|
117,132,171
|
|
SEI Investments Co.
|
|
3,111,312
|
272,893,175
|
|
Stifel Financial Corp.
|
|
5,221,446
|
364,300,287
|
|
|
|
|
2,870,699,656
|
|
Chemicals — 1.7%
|
|||
|
Ashland, Inc.
|
|
1,558,526
|
102,691,278
|
|
Avient Corp.
|
|
3,121,590
|
115,373,966
|
|
Axalta Coating Systems Ltd.(a)
|
|
7,284,707
|
249,282,674
|
|
Cabot Corp.
|
|
1,757,073
|
159,577,370
|
|
NewMarket Corp.
|
|
259,857
|
205,609,253
|
|
Olin Corp.
|
|
3,876,830
|
76,838,771
|
|
RPM International, Inc.
|
|
4,344,119
|
482,848,827
|
|
Scotts Miracle-Gro Co. (The)
|
|
1,524,901
|
103,861,007
|
|
Solstice Advanced Materials, Inc.
|
|
5,405,309
|
478,910,377
|
|
Westlake Corp.
|
|
1,133,867
|
82,772,291
|
|
|
|
|
2,057,765,814
|
|
Commercial Services & Supplies — 1.5%
|
|||
|
Brink’s Co. (The)
|
|
1,401,719
|
132,448,428
|
|
Clean Harbors, Inc.(a)(b)
|
|
1,690,842
|
505,139,048
|
|
MSA Safety, Inc.
|
|
1,235,160
|
215,634,233
|
|
RB Global, Inc.(b)
|
|
6,341,209
|
738,433,788
|
|
Tetra Tech, Inc.
|
|
8,833,626
|
255,203,455
|
|
|
|
|
1,846,858,952
|
|
Communications Equipment — 0.3%
|
|||
|
Viavi Solutions, Inc.(a)(b)
|
|
7,961,682
|
380,170,315
|
|
Construction & Engineering — 3.2%
|
|||
|
AECOM
|
|
4,374,615
|
305,348,127
|
|
Security
|
|
Shares
|
Value
|
|
Construction & Engineering (continued)
|
|||
|
API Group Corp.(a)(b)
|
|
13,124,006
|
$ 555,801,654
|
|
Dycom Industries, Inc.(a)(b)
|
|
1,021,768
|
516,595,683
|
|
Fluor Corp.(a)(b)
|
|
4,754,054
|
249,064,889
|
|
IES Holdings, Inc.(a)
|
|
299,239
|
219,838,924
|
|
MasTec, Inc.(a)(b)
|
|
2,097,241
|
872,578,090
|
|
Sterling Infrastructure, Inc.(a)(b)
|
|
1,044,491
|
876,703,966
|
|
Valmont Industries, Inc.(b)
|
|
660,821
|
381,690,210
|
|
|
|
|
3,977,621,543
|
|
Construction Materials — 0.3%
|
|||
|
Eagle Materials, Inc.(b)
|
|
1,069,877
|
240,722,325
|
|
Knife River Corp.(a)(b)
|
|
1,931,772
|
161,592,728
|
|
|
|
|
402,315,053
|
|
Consumer Finance — 0.7%
|
|||
|
Ally Financial, Inc.
|
|
9,494,343
|
436,265,061
|
|
FirstCash Holdings, Inc.
|
|
1,313,049
|
284,038,760
|
|
SLM Corp.
|
|
6,424,842
|
166,660,401
|
|
|
|
|
886,964,222
|
|
Consumer Staples Distribution & Retail — 2.0%
|
|||
|
Albertsons Cos., Inc., Class A
|
|
12,119,628
|
163,978,567
|
|
BJ’s Wholesale Club Holdings, Inc.(a)(b)
|
|
4,346,333
|
379,087,164
|
|
Maplebear, Inc.(a)(b)
|
|
5,599,903
|
265,155,407
|
|
Performance Food Group Co.(a)(b)
|
|
5,346,974
|
597,738,223
|
|
Sprouts Farmers Market, Inc.(a)(b)
|
|
3,201,047
|
270,744,555
|
|
U.S. Foods Holding Corp.(a)(b)
|
|
7,495,858
|
766,451,481
|
|
|
|
|
2,443,155,397
|
|
Containers & Packaging — 1.0%
|
|||
|
AptarGroup, Inc.
|
|
2,172,295
|
271,971,334
|
|
Crown Holdings, Inc.
|
|
3,760,983
|
420,553,119
|
|
Graphic Packaging Holding Co.
|
|
10,071,315
|
106,453,800
|
|
Greif, Inc., Class A, NVS
|
|
842,987
|
62,794,102
|
|
Silgan Holdings, Inc.
|
|
2,985,583
|
138,501,195
|
|
Sonoco Products Co.
|
|
3,365,281
|
189,633,584
|
|
|
|
|
1,189,907,134
|
|
Diversified Consumer Services — 0.8%
|
|||
|
Duolingo, Inc., Class A(a)(b)
|
|
1,369,587
|
157,529,897
|
|
Graham Holdings Co., Class B
|
|
113,775
|
129,865,060
|
|
Grand Canyon Education, Inc.(a)
|
|
892,459
|
127,719,807
|
|
H&R Block, Inc.
|
|
4,314,610
|
164,300,349
|
|
Service Corp. International
|
|
4,696,202
|
356,723,504
|
|
|
|
|
936,138,617
|
|
Diversified REITs — 0.4%
|
|||
|
WP Carey, Inc.
|
|
7,581,521
|
542,078,751
|
|
Electric Utilities — 0.8%
|
|||
|
IDACORP, Inc.
|
|
1,885,973
|
285,347,715
|
|
OGE Energy Corp.
|
|
7,024,487
|
341,811,537
|
|
Portland General Electric Co.
|
|
3,939,185
|
204,167,959
|
|
TXNM Energy, Inc.
|
|
3,391,393
|
192,563,294
|
|
|
|
|
1,023,890,505
|
|
Electrical Equipment — 2.6%
|
|||
|
Acuity, Inc.
|
|
1,025,039
|
386,091,190
|
|
EnerSys(b)
|
|
1,254,320
|
293,285,102
|
|
Nextpower, Inc., Class A(a)(b)
|
|
5,053,770
|
602,106,158
|
|
nVent Electric PLC
|
|
5,504,565
|
933,629,270
|
|
Regal Rexnord Corp.
|
|
2,265,896
|
539,713,768
|
|
Sensata Technologies Holding PLC
|
|
4,950,154
|
236,320,352
|
|
Vicor Corp.(a)(b)
|
|
795,320
|
302,046,629
|
|
|
|
|
3,293,192,469
|
|
Security
|
|
Shares
|
Value
|
|
Electronic Equipment, Instruments & Components — 4.1%
|
|||
|
Advanced Energy Industries, Inc.(b)
|
|
1,294,491
|
$ 482,676,859
|
|
Arrow Electronics, Inc.(a)(b)
|
|
1,740,482
|
371,436,264
|
|
Avnet, Inc.
|
|
2,791,895
|
247,976,114
|
|
Belden, Inc.(b)
|
|
1,325,566
|
158,948,619
|
|
Cognex Corp.
|
|
5,664,507
|
410,223,597
|
|
Crane NXT Co.
|
|
1,684,399
|
86,173,853
|
|
Fabrinet(a)(b)
|
|
1,219,565
|
685,493,095
|
|
IPG Photonics Corp.(a)(b)
|
|
866,814
|
101,694,618
|
|
Littelfuse, Inc.
|
|
860,770
|
391,934,404
|
|
Novanta, Inc.(a)(b)
|
|
1,212,138
|
196,657,269
|
|
Sanmina Corp.(a)(b)
|
|
1,824,340
|
461,703,967
|
|
TD SYNNEX Corp.
|
|
2,544,778
|
680,320,951
|
|
TTM Technologies, Inc.(a)
|
|
3,534,802
|
661,078,670
|
|
Vontier Corp.(b)
|
|
4,792,494
|
138,982,326
|
|
|
|
|
5,075,300,606
|
|
Energy Equipment & Services — 1.2%
|
|||
|
NOV, Inc.
|
|
12,215,709
|
226,601,402
|
|
TechnipFMC PLC
|
|
13,570,886
|
899,749,742
|
|
Valaris Ltd.(a)
|
|
2,192,174
|
159,151,832
|
|
Weatherford International PLC
|
|
2,448,158
|
199,524,877
|
|
|
|
|
1,485,027,853
|
|
Entertainment — 0.6%
|
|||
|
Roku, Inc., Class A(a)
|
|
4,465,484
|
616,861,960
|
|
Warner Music Group Corp., Class A
|
|
4,977,510
|
134,741,195
|
|
|
|
|
751,603,155
|
|
Financial Services — 1.7%
|
|||
|
Corebridge Financial, Inc.
|
|
8,239,435
|
235,895,024
|
|
Equitable Holdings, Inc.
|
|
9,243,997
|
405,626,588
|
|
Essent Group Ltd.
|
|
3,136,682
|
201,625,919
|
|
Euronet Worldwide, Inc.(a)(b)
|
|
1,205,276
|
88,214,150
|
|
MGIC Investment Corp.
|
|
7,198,635
|
203,001,507
|
|
Shift4 Payments, Inc., Class A(a)(b)
|
|
1,998,128
|
97,188,946
|
|
Toast, Inc., Class A(a)
|
|
15,969,088
|
444,260,028
|
|
Voya Financial, Inc.
|
|
3,086,052
|
279,380,288
|
|
WEX, Inc.(a)(b)
|
|
1,180,007
|
166,487,188
|
|
|
|
|
2,121,679,638
|
|
Food Products — 0.6%
|
|||
|
Darling Ingredients, Inc.(a)
|
|
5,409,499
|
295,466,836
|
|
Ingredion, Inc.
|
|
2,146,370
|
203,282,703
|
|
Marzetti Co. (The)
|
|
690,714
|
78,851,910
|
|
Pilgrim’s Pride Corp.
|
|
1,462,928
|
41,122,906
|
|
Post Holdings, Inc.(a)(b)
|
|
1,357,570
|
119,819,128
|
|
|
|
|
738,543,483
|
|
Gas Utilities — 1.0%
|
|||
|
National Fuel Gas Co.
|
|
3,234,779
|
249,757,287
|
|
New Jersey Resources Corp.
|
|
3,435,137
|
192,505,077
|
|
ONE Gas, Inc.
|
|
2,136,314
|
164,645,720
|
|
Southwest Gas Holdings, Inc.
|
|
2,192,494
|
194,430,368
|
|
Spire, Inc.
|
|
2,012,217
|
157,134,026
|
|
UGI Corp.
|
|
7,297,482
|
252,055,028
|
|
|
|
|
1,210,527,506
|
|
Ground Transportation — 1.9%
|
|||
|
Avis Budget Group, Inc.(a)(b)
|
|
577,140
|
85,318,606
|
|
Knight-Swift Transportation Holdings, Inc.
|
|
5,530,905
|
430,691,573
|
|
Landstar System, Inc.
|
|
1,154,825
|
238,829,358
|
|
Ryder System, Inc.
|
|
1,316,947
|
347,371,110
|
|
Saia, Inc.(a)(b)
|
|
907,823
|
382,338,735
|
|
XPO, Inc.(a)(b)
|
|
3,996,362
|
820,413,155
|
|
|
|
|
2,304,962,537
|
|
Security
|
|
Shares
|
Value
|
|
Health Care Equipment & Supplies — 1.2%
|
|||
|
DENTSPLY SIRONA, Inc.
|
|
6,818,678
|
$ 72,346,174
|
|
Envista Holdings Corp.(a)(b)
|
|
5,538,877
|
145,949,409
|
|
Globus Medical, Inc., Class A(a)(b)
|
|
3,856,968
|
304,739,042
|
|
Haemonetics Corp.(a)
|
|
1,581,766
|
118,632,450
|
|
Lantheus Holdings, Inc.(a)(b)
|
|
2,216,049
|
245,848,476
|
|
LivaNova PLC(a)(b)
|
|
1,869,825
|
153,755,710
|
|
Penumbra, Inc.(a)(b)
|
|
1,338,722
|
422,701,471
|
|
|
|
|
1,463,972,732
|
|
Health Care Providers & Services — 1.6%
|
|||
|
Chemed Corp.
|
|
451,816
|
210,428,784
|
|
Encompass Health Corp.
|
|
3,376,495
|
341,296,115
|
|
Ensign Group, Inc. (The)(b)
|
|
1,972,795
|
316,239,038
|
|
HealthEquity, Inc.(a)(b)
|
|
2,875,440
|
259,709,741
|
|
Hims & Hers Health, Inc., Class A(a)(b)
|
|
7,213,460
|
250,090,658
|
|
Option Care Health, Inc.(a)(b)
|
|
5,344,861
|
112,081,735
|
|
Tenet Healthcare Corp.(a)(b)
|
|
2,931,901
|
548,500,039
|
|
|
|
|
2,038,346,110
|
|
Health Care REITs — 1.3%
|
|||
|
American Healthcare REIT, Inc.
|
|
6,559,821
|
342,094,665
|
|
CareTrust REIT, Inc.
|
|
8,041,071
|
324,457,215
|
|
Healthcare Realty Trust, Inc.
|
|
11,794,797
|
237,901,055
|
|
Omega Healthcare Investors, Inc.
|
|
10,136,498
|
483,308,225
|
|
Sabra Health Care REIT, Inc.
|
|
8,583,967
|
167,473,196
|
|
|
|
|
1,555,234,356
|
|
Health Care Technology — 0.1%
|
|||
|
Doximity, Inc., Class A(a)(b)
|
|
4,554,656
|
94,463,565
|
|
Hotel & Resort REITs — 0.1%
|
|||
|
Park Hotels & Resorts, Inc.
|
|
6,853,882
|
97,667,819
|
|
Hotels, Restaurants & Leisure — 2.6%
|
|||
|
Aramark
|
|
8,950,331
|
509,273,834
|
|
Boyd Gaming Corp.(b)
|
|
1,872,217
|
165,372,928
|
|
Cava Group, Inc.(a)(b)
|
|
3,407,650
|
267,432,372
|
|
Choice Hotels International, Inc.(b)
|
|
690,914
|
76,187,087
|
|
Churchill Downs, Inc.
|
|
2,253,705
|
202,022,116
|
|
Dutch Bros, Inc., Class A(a)(b)
|
|
4,342,841
|
311,859,412
|
|
Hilton Grand Vacations, Inc.(a)(b)
|
|
2,043,995
|
107,044,018
|
|
Hyatt Hotels Corp., Class A(b)
|
|
1,396,575
|
270,712,098
|
|
Planet Fitness, Inc., Class A(a)(b)
|
|
2,693,286
|
140,508,731
|
|
Texas Roadhouse, Inc.
|
|
2,237,307
|
432,314,831
|
|
Travel + Leisure Co.
|
|
2,124,697
|
162,390,592
|
|
Vail Resorts, Inc.
|
|
1,212,854
|
165,130,072
|
|
Wingstop, Inc.
|
|
926,941
|
160,740,839
|
|
Wyndham Hotels & Resorts, Inc.
|
|
2,548,061
|
214,572,217
|
|
|
|
|
3,185,561,147
|
|
Household Durables — 1.8%
|
|||
|
KB Home
|
|
2,132,396
|
133,466,666
|
|
SharkNinja, Inc.(a)(b)
|
|
2,408,497
|
366,741,838
|
|
Somnigroup International, Inc.
|
|
7,159,520
|
561,306,368
|
|
Taylor Morrison Home Corp., Class A(a)
|
|
3,180,061
|
228,137,576
|
|
Toll Brothers, Inc.
|
|
3,223,605
|
531,088,924
|
|
TopBuild Corp.(a)(b)
|
|
959,297
|
340,099,565
|
|
Whirlpool Corp.(b)
|
|
2,206,436
|
86,977,707
|
|
|
|
|
2,247,818,644
|
|
Independent Power and Renewable Electricity Producers — 0.7%
|
|||
|
Ormat Technologies, Inc.(b)
|
|
2,091,680
|
227,783,952
|
|
Talen Energy Corp.(a)(b)
|
|
1,545,138
|
593,734,728
|
|
|
|
|
821,518,680
|
|
Industrial REITs — 0.9%
|
|||
|
EastGroup Properties, Inc.
|
|
1,826,792
|
369,980,184
|
|
Security
|
|
Shares
|
Value
|
|
Industrial REITs (continued)
|
|||
|
First Industrial Realty Trust, Inc.
|
|
4,512,373
|
$ 276,653,589
|
|
Rexford Industrial Realty, Inc.
|
|
7,622,851
|
255,365,508
|
|
STAG Industrial, Inc.
|
|
6,508,169
|
247,700,912
|
|
|
|
|
1,149,700,193
|
|
Insurance — 3.4%
|
|||
|
American Financial Group, Inc.
|
|
2,347,279
|
328,478,223
|
|
Brighthouse Financial, Inc.(a)
|
|
1,946,421
|
123,208,449
|
|
CNO Financial Group, Inc.
|
|
3,180,142
|
162,123,639
|
|
Fidelity National Financial, Inc., Class A
|
|
8,612,054
|
406,144,467
|
|
First American Financial Corp.
|
|
3,468,427
|
237,899,408
|
|
Hanover Insurance Group, Inc. (The)
|
|
1,190,874
|
254,989,941
|
|
Kinsale Capital Group, Inc.(b)
|
|
745,764
|
245,960,425
|
|
Old Republic International Corp.
|
|
7,626,798
|
312,088,574
|
|
Primerica, Inc.
|
|
1,061,429
|
301,658,122
|
|
Reinsurance Group of America, Inc.
|
|
2,229,915
|
474,191,425
|
|
RenaissanceRe Holdings Ltd.(b)
|
|
1,452,388
|
460,261,757
|
|
RLI Corp.
|
|
3,129,357
|
184,851,118
|
|
Ryan Specialty Holdings, Inc., Class A
|
|
3,877,982
|
146,432,600
|
|
Selective Insurance Group, Inc.
|
|
2,037,841
|
197,690,956
|
|
Unum Group
|
|
5,003,336
|
447,298,238
|
|
|
|
|
4,283,277,342
|
|
Interactive Media & Services — 0.3%
|
|||
|
Pinterest, Inc., Class A(a)(b)
|
|
16,397,637
|
344,842,306
|
|
IT Services — 1.9%
|
|||
|
DigitalOcean Holdings, Inc.(a)(b)
|
|
2,770,798
|
435,098,410
|
|
Kyndryl Holdings, Inc.(a)(b)
|
|
7,673,691
|
86,789,445
|
|
Okta, Inc., Class A(a)(b)
|
|
5,706,722
|
778,682,217
|
|
Twilio, Inc., Class A(a)(b)
|
|
5,166,040
|
1,065,909,033
|
|
|
|
|
2,366,479,105
|
|
Leisure Products — 0.5%
|
|||
|
Brunswick Corp.
|
|
2,211,552
|
186,301,141
|
|
Mattel, Inc.(a)(b)
|
|
9,891,342
|
137,291,827
|
|
Polaris, Inc.
|
|
1,839,455
|
125,892,300
|
|
YETI Holdings, Inc.(a)(b)
|
|
2,578,625
|
127,796,655
|
|
|
|
|
577,281,923
|
|
Life Sciences Tools & Services — 1.9%
|
|||
|
Avantor, Inc.(a)(b)
|
|
23,239,385
|
230,069,912
|
|
Bio-Rad Laboratories, Inc., Class A(a)(b)
|
|
613,081
|
180,006,712
|
|
Bruker Corp.(b)
|
|
3,782,445
|
227,627,540
|
|
Illumina, Inc.(a)(b)
|
|
5,149,892
|
905,505,510
|
|
Medpace Holdings, Inc.(a)(b)
|
|
767,967
|
406,707,644
|
|
Repligen Corp.(a)(b)
|
|
1,804,797
|
246,246,503
|
|
Sotera Health Co.(a)(b)
|
|
9,026,971
|
160,228,735
|
|
|
|
|
2,356,392,556
|
|
Machinery — 5.7%
|
|||
|
AGCO Corp.
|
|
2,045,659
|
244,865,382
|
|
Chart Industries, Inc.(a)
|
|
1,530,108
|
319,700,766
|
|
CNH Industrial NV(b)
|
|
29,965,594
|
336,513,621
|
|
Crane Co.(b)
|
|
1,670,703
|
372,683,718
|
|
Donaldson Co., Inc.
|
|
3,942,046
|
353,877,469
|
|
Esab Corp.(b)
|
|
1,947,956
|
192,126,900
|
|
Flowserve Corp.
|
|
4,350,251
|
322,614,614
|
|
Graco, Inc.
|
|
5,649,170
|
427,133,744
|
|
ITT, Inc.
|
|
3,042,979
|
601,779,527
|
|
Lincoln Electric Holdings, Inc.
|
|
1,864,817
|
495,127,562
|
|
Middleby Corp. (The)(a)(b)
|
|
1,422,437
|
244,673,388
|
|
Mueller Industries, Inc.
|
|
3,780,677
|
464,758,624
|
|
Oshkosh Corp.
|
|
2,122,278
|
325,727,227
|
|
RBC Bearings, Inc.(a)
|
|
1,073,693
|
691,522,714
|
|
SPX Technologies, Inc.(a)(b)
|
|
1,704,092
|
417,792,236
|
|
Security
|
|
Shares
|
Value
|
|
Machinery (continued)
|
|||
|
Terex Corp.
|
|
3,887,090
|
$ 281,386,445
|
|
Timken Co. (The)
|
|
2,152,551
|
312,808,711
|
|
Toro Co. (The)
|
|
3,299,383
|
321,425,892
|
|
Watts Water Technologies, Inc., Class A
|
|
935,185
|
366,078,168
|
|
|
|
|
7,092,596,708
|
|
Marine Transportation — 0.2%
|
|||
|
Kirby Corp.(a)(b)
|
|
1,821,029
|
247,605,313
|
|
Media — 0.6%
|
|||
|
New York Times Co. (The), Class A
|
|
5,482,858
|
383,690,403
|
|
Nexstar Media Group, Inc., Class A
|
|
977,116
|
174,503,147
|
|
Sirius XM Holdings, Inc.
|
|
6,416,347
|
189,538,890
|
|
|
|
|
747,732,440
|
|
Metals & Mining — 2.6%
|
|||
|
Alcoa Corp.
|
|
8,982,190
|
468,331,387
|
|
Cleveland-Cliffs, Inc.(a)
|
|
19,415,604
|
182,312,521
|
|
Coeur Mining, Inc.(b)
|
|
35,212,351
|
574,665,568
|
|
Commercial Metals Co.
|
|
3,774,337
|
236,839,647
|
|
Hecla Mining Co.(b)
|
|
22,829,477
|
352,258,830
|
|
MP Materials Corp., Class A(a)(b)
|
|
4,605,181
|
257,936,188
|
|
Reliance, Inc.
|
|
1,737,586
|
649,162,130
|
|
Royal Gold, Inc.
|
|
2,773,128
|
553,544,080
|
|
|
|
|
3,275,050,351
|
|
Mortgage Real Estate Investment Trusts (REITs) — 0.6%
|
|||
|
Annaly Capital Management, Inc.
|
|
24,941,978
|
557,702,628
|
|
Starwood Property Trust, Inc.
|
|
11,862,265
|
194,303,901
|
|
|
|
|
752,006,529
|
|
Multi-Utilities — 0.3%
|
|||
|
Black Hills Corp.
|
|
2,591,264
|
192,790,042
|
|
Northwestern Energy Group, Inc.
|
|
2,093,587
|
149,942,701
|
|
|
|
|
342,732,743
|
|
Office REITs — 0.5%
|
|||
|
COPT Defense Properties
|
|
3,841,632
|
139,796,989
|
|
Cousins Properties, Inc.
|
|
5,600,550
|
167,904,489
|
|
Kilroy Realty Corp.
|
|
3,641,235
|
136,437,075
|
|
Vornado Realty Trust
|
|
5,378,026
|
211,356,422
|
|
|
|
|
655,494,975
|
|
Oil, Gas & Consumable Fuels — 3.1%
|
|||
|
Antero Midstream Corp.
|
|
11,317,050
|
257,462,887
|
|
Antero Resources Corp.(a)
|
|
10,018,784
|
352,060,070
|
|
Chord Energy Corp.
|
|
1,916,299
|
219,032,976
|
|
CNX Resources Corp.(a)(b)
|
|
4,815,592
|
163,393,037
|
|
DT Midstream, Inc.
|
|
3,472,311
|
509,526,916
|
|
HF Sinclair Corp.
|
|
5,215,714
|
363,274,480
|
|
Matador Resources Co.
|
|
3,973,133
|
197,782,561
|
|
Murphy Oil Corp.
|
|
4,586,549
|
149,338,035
|
|
Ovintiv, Inc.
|
|
9,373,921
|
493,536,941
|
|
PBF Energy, Inc., Class A
|
|
2,859,111
|
130,146,733
|
|
Permian Resources Corp., Class A
|
|
26,789,372
|
493,192,338
|
|
Range Resources Corp.
|
|
8,020,017
|
298,264,432
|
|
Viper Energy, Inc., Class A
|
|
6,610,628
|
280,290,627
|
|
|
|
|
3,907,302,033
|
|
Paper & Forest Products — 0.1%
|
|||
|
Louisiana-Pacific Corp.
|
|
2,164,022
|
170,221,971
|
|
Passenger Airlines — 0.5%
|
|||
|
Alaska Air Group, Inc.(a)(b)
|
|
3,792,774
|
197,982,803
|
|
American Airlines Group, Inc.(a)(b)
|
|
22,512,012
|
406,792,057
|
|
|
|
|
604,774,860
|
|
Security
|
|
Shares
|
Value
|
|
Personal Care Products — 0.1%
|
|||
|
elf Beauty, Inc.(a)(b)
|
|
2,010,002
|
$ 148,740,148
|
|
Pharmaceuticals — 0.7%
|
|||
|
Elanco Animal Health, Inc.(a)(b)
|
|
17,000,123
|
418,373,027
|
|
Jazz Pharmaceuticals PLC(a)(b)
|
|
2,135,632
|
514,623,243
|
|
|
|
|
932,996,270
|
|
Professional Services — 2.0%
|
|||
|
Booz Allen Hamilton Holding Corp., Class A
|
|
4,104,748
|
249,035,061
|
|
CACI International, Inc., Class A(a)(b)
|
|
751,935
|
348,341,408
|
|
ExlService Holdings, Inc.(a)
|
|
5,200,386
|
134,481,982
|
|
Exponent, Inc.
|
|
1,651,242
|
97,026,980
|
|
FTI Consulting, Inc.(a)(b)
|
|
1,006,500
|
149,978,565
|
|
Genpact Ltd.
|
|
5,365,762
|
147,558,455
|
|
KBR, Inc.
|
|
4,315,632
|
149,018,773
|
|
Maximus, Inc.
|
|
1,788,352
|
96,141,803
|
|
Parsons Corp.(a)(b)
|
|
1,820,671
|
95,384,954
|
|
Paylocity Holding Corp.(a)(b)
|
|
1,476,230
|
154,310,322
|
|
Science Applications International Corp.
|
|
1,467,078
|
161,980,082
|
|
TransUnion(b)
|
|
6,562,450
|
473,415,143
|
|
UL Solutions, Inc., Class A(b)
|
|
2,648,407
|
269,766,737
|
|
|
|
|
2,526,440,265
|
|
Real Estate Management & Development — 0.4%
|
|||
|
Jones Lang LaSalle, Inc.(a)(b)
|
|
1,579,143
|
489,455,373
|
|
Residential REITs — 0.7%
|
|||
|
American Homes 4 Rent, Class A
|
|
10,781,978
|
361,411,902
|
|
Equity LifeStyle Properties, Inc.
|
|
6,601,191
|
425,446,760
|
|
Independence Realty Trust, Inc.
|
|
8,008,326
|
133,658,961
|
|
|
|
|
920,517,623
|
|
Retail REITs — 0.9%
|
|||
|
Agree Realty Corp.
|
|
4,081,684
|
309,146,746
|
|
Brixmor Property Group, Inc.
|
|
10,444,015
|
329,299,793
|
|
Kite Realty Group Trust
|
|
6,911,939
|
196,160,829
|
|
NNN REIT, Inc.
|
|
6,475,595
|
301,309,435
|
|
|
|
|
1,135,916,803
|
|
Semiconductors & Semiconductor Equipment — 5.8%
|
|||
|
Allegro MicroSystems, Inc.(a)(b)
|
|
4,225,608
|
294,186,829
|
|
Amkor Technology, Inc.(b)
|
|
3,881,040
|
334,662,079
|
|
Cirrus Logic, Inc.(a)(b)
|
|
1,736,155
|
257,871,102
|
|
Entegris, Inc.(b)
|
|
5,190,745
|
933,607,396
|
|
Lattice Semiconductor Corp.(a)
|
|
4,663,423
|
713,317,182
|
|
MACOM Technology Solutions Holdings, Inc.(a)(b)
|
|
2,233,374
|
849,508,469
|
|
MKS, Inc.(b)
|
|
2,299,049
|
1,022,616,995
|
|
Onto Innovation, Inc.(a)
|
|
1,693,156
|
640,774,888
|
|
Rambus, Inc.(a)
|
|
3,680,736
|
488,580,897
|
|
Semtech Corp.(a)
|
|
3,169,426
|
512,971,598
|
|
Silicon Laboratories, Inc.(a)
|
|
1,122,625
|
245,360,920
|
|
SiTime Corp.(a)(b)
|
|
754,745
|
562,707,682
|
|
Synaptics, Inc.(a)(b)
|
|
1,315,142
|
163,380,091
|
|
Universal Display Corp.
|
|
1,479,902
|
128,144,714
|
|
|
|
|
7,147,690,842
|
|
Software — 2.7%
|
|||
|
Appfolio, Inc., Class A(a)(b)
|
|
817,902
|
131,150,586
|
|
Bentley Systems, Inc., Class B(b)
|
|
5,073,796
|
151,655,762
|
|
BILL Holdings, Inc.(a)(b)
|
|
3,017,133
|
109,099,529
|
|
Commvault Systems, Inc.(a)(b)
|
|
1,404,075
|
198,999,550
|
|
Docusign, Inc.(a)(b)
|
|
6,613,217
|
293,759,099
|
|
Dolby Laboratories, Inc., Class A
|
|
2,054,029
|
108,000,845
|
|
Dropbox, Inc., Class A(a)(b)
|
|
5,097,859
|
140,038,187
|
|
Dynatrace, Inc.(a)
|
|
10,029,304
|
440,386,739
|
|
Guidewire Software, Inc.(a)(b)
|
|
2,881,538
|
354,573,251
|
|
Security
|
|
Shares
|
Value
|
|
Software (continued)
|
|||
|
InterDigital, Inc.
|
|
879,712
|
$ 249,072,858
|
|
Manhattan Associates, Inc.(a)(b)
|
|
2,013,852
|
280,428,891
|
|
Nutanix, Inc., Class A(a)
|
|
9,027,199
|
460,026,061
|
|
Pegasystems, Inc.(b)
|
|
3,071,657
|
92,057,560
|
|
Qualys, Inc.(a)(b)
|
|
1,198,710
|
164,810,638
|
|
UiPath, Inc., Class A(a)(b)
|
|
14,536,970
|
158,016,864
|
|
|
|
|
3,332,076,420
|
|
Specialized REITs — 1.3%
|
|||
|
CubeSmart
|
|
7,706,606
|
306,491,721
|
|
EPR Properties
|
|
2,604,148
|
151,066,625
|
|
Gaming & Leisure Properties, Inc.
|
|
9,640,218
|
429,278,907
|
|
Lamar Advertising Co., Class A
|
|
2,963,147
|
462,191,669
|
|
National Storage Affiliates Trust
|
|
2,417,178
|
107,491,906
|
|
Rayonier, Inc.
|
|
9,417,792
|
200,410,614
|
|
|
|
|
1,656,931,442
|
|
Specialty Retail — 3.0%
|
|||
|
Abercrombie & Fitch Co., Class A(a)(b)
|
|
1,522,818
|
137,068,848
|
|
AutoNation, Inc.(a)(b)
|
|
854,215
|
158,704,605
|
|
Bath & Body Works, Inc.
|
|
6,854,597
|
158,546,829
|
|
Burlington Stores, Inc.(a)(b)
|
|
2,138,596
|
677,507,213
|
|
Chewy, Inc., Class A(a)(b)
|
|
8,175,803
|
160,654,529
|
|
Dick’s Sporting Goods, Inc.
|
|
2,242,321
|
508,580,826
|
|
Five Below, Inc.(a)(b)
|
|
1,882,124
|
338,387,074
|
|
Floor & Decor Holdings, Inc., Class A(a)(b)
|
|
3,679,271
|
218,401,527
|
|
GameStop Corp., Class A(a)(b)
|
|
14,040,724
|
310,019,186
|
|
Gap, Inc. (The)
|
|
7,585,555
|
141,698,167
|
|
Lithia Motors, Inc., Class A
|
|
776,265
|
225,497,220
|
|
Murphy U.S.A., Inc.(b)
|
|
572,119
|
308,297,765
|
|
Penske Automotive Group, Inc.
|
|
626,636
|
112,136,512
|
|
RH(a)(b)
|
|
527,554
|
86,903,970
|
|
Valvoline, Inc.(a)(b)
|
|
4,341,019
|
171,643,891
|
|
|
|
|
3,714,048,162
|
|
Technology Hardware, Storage & Peripherals — 0.7%
|
|||
|
Everpure, Inc., Class A(a)(b)
|
|
10,740,433
|
846,238,716
|
|
Textiles, Apparel & Luxury Goods — 0.5%
|
|||
|
Capri Holdings Ltd.(a)(b)
|
|
4,055,992
|
75,319,771
|
|
Columbia Sportswear Co.
|
|
821,069
|
50,758,486
|
|
Security
|
|
Shares
|
Value
|
|
Textiles, Apparel & Luxury Goods (continued)
|
|||
|
Crocs, Inc.(a)(b)
|
|
1,691,345
|
$ 204,043,861
|
|
PVH Corp.(b)
|
|
1,568,242
|
116,457,651
|
|
VF Corp.
|
|
11,186,852
|
186,596,691
|
|
|
|
|
633,176,460
|
|
Trading Companies & Distributors — 1.8%
|
|||
|
Applied Industrial Technologies, Inc.
|
|
1,258,033
|
425,403,859
|
|
Core & Main, Inc., Class A(a)(b)
|
|
6,403,939
|
308,990,057
|
|
GATX Corp.
|
|
1,208,351
|
214,107,714
|
|
MSC Industrial Direct Co., Inc., Class A
|
|
1,558,386
|
185,370,015
|
|
Watsco, Inc.
|
|
1,191,453
|
496,514,208
|
|
WESCO International, Inc.
|
|
1,657,817
|
572,659,726
|
|
|
|
|
2,203,045,579
|
|
Water Utilities — 0.3%
|
|||
|
Essential Utilities, Inc.
|
|
9,654,219
|
369,853,130
|
|
Total Long-Term Investments — 99.9%
(Cost: $93,107,540,456)
|
124,050,585,405
|
||
|
Short-Term Securities
|
|||
|
Money Market Funds — 3.9%
|
|||
|
BlackRock Cash Funds: Institutional, SL Agency
Shares, 3.82%(c)(d)(e)
|
|
4,682,354,567
|
4,683,759,273
|
|
BlackRock Cash Funds: Treasury, SL Agency
Shares, 3.62%(c)(d)
|
|
169,666,794
|
169,666,794
|
|
Total Short-Term Securities — 3.9%
(Cost: $4,851,728,290)
|
4,853,426,067
|
||
|
Total Investments — 103.8%
(Cost: $97,959,268,746)
|
128,904,011,472
|
||
|
Liabilities in Excess of Other Assets — (3.8)%
|
(4,664,830,407
)
|
||
|
Net Assets — 100.0%
|
$ 124,239,181,065
|
||
|
(a)
|
Non-income producing security.
|
|
(b)
|
All or a portion of this security is on loan.
|
|
(c)
|
Affiliate of the Fund.
|
|
(d)
|
Annualized 7-day yield as of period end.
|
|
(e)
|
All or a portion of this security was purchased with the cash collateral from loaned
securities.
|
|
Affiliated Issuer
|
Value at
03/31/26
|
Purchases
at Cost
|
Proceeds
from Sales
|
Net
Realized
Gain
(Loss)
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Value at
06/30/26
|
Shares
Held at
06/30/26
|
Income
|
Capital
Gain
Distributions
from
Underlying
Funds
|
|
BlackRock Cash
Funds: Institutional, SL
Agency Shares
|
$ 3,955,781,182
|
$ 727,580,781
(a)
|
$ —
|
$ (46,928
)
|
$ 444,238
|
$ 4,683,759,273
|
4,682,354,567
|
$ 19,944,166
(b)
|
$ —
|
|
BlackRock Cash
Funds: Treasury, SL
Agency Shares
|
472,044,659
|
—
|
(302,377,865
)(a)
|
—
|
—
|
169,666,794
|
169,666,794
|
2,490,148
|
—
|
|
|
|
|
|
$ (46,928
)
|
$ 444,238
|
$ 4,853,426,067
|
|
$ 22,434,314
|
$ —
|
|
(a)
|
Represents net amount purchased (sold).
|
|
(b)
|
All or a portion represents securities lending income earned from the reinvestment
of cash collateral from loaned securities, net of collateral investment fees, and
other payments to and
from borrowers of securities.
|
|
Description
|
Number of
Contracts
|
Expiration
Date
|
Notional
Amount
(000)
|
Value/
Unrealized
Appreciation
(Depreciation)
|
|
Long Contracts
|
|
|
|
|
|
S&P Mid 400 E-Mini Index
|
1,156
|
09/18/26
|
$ 449,106
|
$ 3,903,933
|
|
Reference Entity
|
Counterparty
|
Notional Amount
|
Termination Date
|
Spread
|
Reference Rate
|
Payment
Frequency
|
Value/ Unrealized
Appreciation
(Depreciation)
|
|
|
Long Contracts(a)
|
||||||||
|
Bank OZK
|
BNP Paribas SA
|
USD
|
3,433,980
|
09/07/27
|
0.40
%
|
1D OBFR01
|
Monthly
|
$ 124,184
|
|
Equitable Holdings, Inc.
|
HSBC Bank PLC
|
|
13,399,583
|
02/09/28
|
0.40
%
|
1D OBFR01
|
Monthly
|
197,776
|
|
Equitable Holdings, Inc.
|
Merrill Lynch International
|
|
1,658,245
|
02/15/28
|
0.40
%
|
1D OBFR01
|
Monthly
|
(47,849
)
|
|
Fidelity National Financial, Inc., Class A
|
JPMorgan Chase Bank N.A.
|
|
341,863
|
02/09/27
|
0.40
%
|
1D OBFR01
|
Monthly
|
(142
)
|
|
Total long positions of equity swaps
|
|
|
|
273,969
|
||||
|
Net dividends and financing fees
|
|
|
|
(70,736
)
|
||||
|
Total equity swap contracts including dividends and financing fees
|
|
|
|
$ 203,233
|
||||
|
(a)
|
The Fund receives the total return on a reference entity and pays a variable rate
of interest, based on a specified benchmark. The benchmark and spread are determined
based upon
the country and/or currency of the individual underlying position.
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Assets
|
|
|
|
|
|
Investments
|
|
|
|
|
|
Long-Term Investments
|
|
|
|
|
|
Common Stocks
|
$ 124,050,585,405
|
$ —
|
$ —
|
$ 124,050,585,405
|
|
Short-Term Securities
|
|
|
|
|
|
Money Market Funds
|
4,853,426,067
|
—
|
—
|
4,853,426,067
|
|
|
$ 128,904,011,472
|
$ —
|
$ —
|
$ 128,904,011,472
|
|
Derivative Financial Instruments(a)
|
|
|
|
|
|
Assets
|
|
|
|
|
|
Equity Contracts
|
$ 3,903,933
|
$ 321,960
|
$ —
|
$ 4,225,893
|
|
Liabilities
|
|
|
|
|
|
Equity Contracts
|
—
|
(118,727
)
|
—
|
(118,727
)
|
|
|
$ 3,903,933
|
$ 203,233
|
$ —
|
$ 4,107,166
|
|
(a)
|
Derivative financial instruments are swaps and futures contracts. Swaps and futures
contracts are valued at the unrealized appreciation (depreciation) on the instrument.
|
|
Currency Abbreviation
|
|
|
USD
|
United States Dollar
|
|
Portfolio Abbreviation
|
|
|
1D OBFR01
|
USD - 1D Overnight Bank Funding Rate
|
|
NVS
|
Non-Voting Shares
|
|
REIT
|
Real Estate Investment Trust
|