Quarterly Holdings Report
for
Fidelity® Small Cap Index Fund
July 31, 2026
SSP-NPRT1-0926
1.883104.114
Common Stocks - 99.5%
 
 
Shares
Value ($)
 
AUSTRALIA - 0.0%
 
 
 
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Benitec Biopharma Inc (b)(c)
 
233,034
2,728,828
AUSTRIA - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Critical Metals Corp (b)(c)
 
743,409
4,081,315
BAHAMAS (NASSAU) - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Diversified Consumer Services - 0.1%
 
 
 
OneSpaWorld Holdings Ltd
 
1,096,734
28,251,868
BAILIWICK OF GUERNSEY - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Super Group SGHC Ltd (b)
 
1,795,477
25,136,678
BAILIWICK OF JERSEY - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Interactive Media & Services - 0.0%
 
 
 
WeShop Holdings Ltd Class A (b)
 
16,047
78,469
BELGIUM - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Construction Materials - 0.0%
 
 
 
Titan America SA (b)
 
273,406
4,232,325
BERMUDA - 0.3%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Teekay Corp Ltd
 
613,882
7,151,725
Financials - 0.3%
 
 
 
Banks - 0.1%
 
 
 
Bank of Nt Butterfield & Son Ltd/The (United States)
 
442,937
27,147,609
Capital Markets - 0.1%
 
 
 
Marex Group Ltd
 
679,869
44,137,095
Insurance - 0.1%
 
 
 
Hamilton Insurance Group Ltd Class B
 
507,949
18,265,846
TOTAL FINANCIALS
 
 
89,550,550
Industrials - 0.0%
 
 
 
Marine Transportation - 0.0%
 
 
 
Himalaya Shipping Ltd (United States)
 
320,670
5,037,726
TOTAL BERMUDA
 
 
101,740,001
BRAZIL - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Financial Services - 0.1%
 
 
 
Pagseguro Digital Ltd Class A
 
1,834,825
17,687,713
StoneCo Ltd Class A (b)
 
2,541,359
28,907,959
 
 
 
 
TOTAL BRAZIL
 
 
46,595,672
CAMEROON - 0.2%
 
 
 
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Golar LNG Ltd
 
1,073,451
52,760,117
CANADA - 1.1%
 
 
 
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Kolibri Global Energy Inc (United States) (b)(c)
 
318,463
1,652,823
Teekay Tankers Ltd Class A
 
269,144
21,361,959
TOTAL ENERGY
 
 
23,014,782
Financials - 0.0%
 
 
 
Insurance - 0.0%
 
 
 
Kingsway Corp (b)(c)
 
230,974
2,057,978
Health Care - 0.3%
 
 
 
Biotechnology - 0.3%
 
 
 
Aurinia Pharmaceuticals Inc (b)(c)
 
1,303,109
19,390,262
Bright Minds Biosciences Inc (United States) (c)
 
81,231
5,950,983
Fennec Pharmaceuticals Inc (United States) (c)
 
316,471
3,028,627
Xenon Pharmaceuticals Inc (c)
 
1,072,877
67,237,202
TOTAL HEALTH CARE
 
 
95,607,074
Industrials - 0.0%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Brookfield Business Corp Class A (United States) (b)
 
763,726
22,629,201
Information Technology - 0.2%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Canadian Solar Inc (b)(c)
 
534,906
8,066,382
Software - 0.2%
 
 
 
D-Wave Quantum Inc (b)(c)
 
4,039,997
73,043,147
ZenaTech Inc (b)(c)
 
474,698
607,613
 
 
 
73,650,760
TOTAL INFORMATION TECHNOLOGY
 
 
81,717,142
Materials - 0.3%
 
 
 
Metals & Mining - 0.3%
 
 
 
Elemental Royalty Corp (United States) (b)
 
391,456
6,134,116
McEwen Inc (b)(c)
 
571,778
9,886,042
Novagold Resources Inc (United States) (b)(c)
 
3,813,552
22,233,008
Ssr Mining Inc (United States) (c)
 
2,414,106
61,849,396
US Goldmining Inc (b)(c)
 
32,452
247,933
Vox Royalty Corp (United States)
 
681,092
2,962,750
TOTAL MATERIALS
 
 
103,313,245
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Real Brokerage Inc/The (b)(c)
 
1,699,669
2,719,470
Utilities - 0.2%
 
 
 
Gas Utilities - 0.2%
 
 
 
Brookfield Infrastructure Corp (United States) (b)
 
1,381,596
58,441,511
TOTAL CANADA
 
 
389,500,403
CHINA - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Media - 0.0%
 
 
 
GD Culture Group Ltd (b)(c)
 
5,155
8,660
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Chaince Digital Holdings Inc (b)(c)
 
726,503
2,026,943
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Connect Biopharma Holdings Ltd Class Common (b)(c)
 
160,633
324,479
Information Technology - 0.2%
 
 
 
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
ACM Research Inc Class A (c)
 
589,737
46,276,663
indie Semiconductor Inc Class A (b)(c)
 
2,343,602
7,569,834
TOTAL INFORMATION TECHNOLOGY
 
 
53,846,497
TOTAL CHINA
 
 
56,206,579
COSTA RICA - 0.1%
 
 
 
Health Care - 0.1%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Establishment Labs Holdings Inc (b)(c)
 
295,938
27,386,103
GERMANY - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Orion SA
 
615,656
4,155,678
GHANA - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Kosmos Energy Ltd (c)
 
6,497,539
17,478,380
GIBRALTAR - 0.0%
 
 
 
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Forafric Global PLC (b)(c)
 
49,803
533,390
GRAND CAYMAN (UK OVERSEAS TER) - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Capital Markets - 0.1%
 
 
 
Patria Investments Ltd Class A
 
721,899
7,810,947
Webull Corp Class A (b)(c)
 
3,675,611
25,949,814
 
 
 
33,760,761
Insurance - 0.0%
 
 
 
Accelerant Holdings Class A (c)
 
666,960
7,923,485
TOTAL GRAND CAYMAN (UK OVERSEAS TER)
 
 
41,684,246
IRELAND - 0.1%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Ardmore Shipping Corp
 
393,897
6,849,869
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Prothena Corp PLC (b)(c)
 
485,986
3,946,206
Industrials - 0.1%
 
 
 
Commercial Services & Supplies - 0.1%
 
 
 
Cimpress PLC (b)(c)
 
186,251
18,382,974
TOTAL IRELAND
 
 
29,179,049
ISLE OF MAN - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Lifezone Metals Ltd (b)(c)
 
420,022
1,423,875
ISRAEL - 0.1%
 
 
 
Communication Services - 0.1%
 
 
 
Interactive Media & Services - 0.1%
 
 
 
Taboola.com Ltd (c)
 
1,394,445
6,986,169
Media - 0.0%
 
 
 
Nexxen International Ltd (b)(c)
 
331,663
3,409,496
TOTAL COMMUNICATION SERVICES
 
 
10,395,665
Consumer Staples - 0.0%
 
 
 
Personal Care Products - 0.0%
 
 
 
Oddity Tech Ltd Class A (b)(c)
 
440,767
6,250,076
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
MediWound Ltd (b)(c)
 
110,220
1,556,307
Oramed Pharmaceuticals Inc (b)
 
378,478
1,540,405
TOTAL HEALTH CARE
 
 
3,096,712
TOTAL ISRAEL
 
 
19,742,453
ITALY - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Ermenegildo Zegna Holditalia Spa (b)
 
500,532
7,362,826
JAPAN - 0.0%
 
 
 
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Toyo Co Ltd (b)(c)
 
88,563
456,099
KOREA (SOUTH) - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Interactive Media & Services - 0.0%
 
 
 
Webtoon Entertainment Inc (c)
 
233,383
2,128,453
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Artiva Biotherapeutics Inc (b)(c)
 
51,557
520,726
TOTAL KOREA (SOUTH)
 
 
2,649,179
MEXICO - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Borr Drilling Ltd (b)(c)
 
2,607,886
10,509,781
MONACO - 0.2%
 
 
 
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Scorpio Tankers Inc
 
509,226
39,648,336
Industrials - 0.0%
 
 
 
Marine Transportation - 0.0%
 
 
 
Costamare Bulkers Holdings Ltd (b)(c)
 
90,290
1,766,072
Costamare Inc
 
494,631
7,706,351
Safe Bulkers Inc
 
605,771
4,731,072
TOTAL INDUSTRIALS
 
 
14,203,495
TOTAL MONACO
 
 
53,851,831
NORWAY - 0.2%
 
 
 
Energy - 0.2%
 
 
 
Energy Equipment & Services - 0.1%
 
 
 
Seadrill Ltd (c)
 
695,889
31,203,663
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
FLEX LNG Ltd (b)
 
347,231
10,837,079
SFL Corp Ltd
 
1,362,673
16,815,385
 
 
 
27,652,464
TOTAL ENERGY
 
 
58,856,127
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
T1 Energy Inc (b)(c)
 
1,959,542
8,171,290
TOTAL NORWAY
 
 
67,027,417
PANAMA - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Financial Services - 0.1%
 
 
 
Bladex Inc Class E
 
326,076
19,091,750
PUERTO RICO - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Liberty Latin America Ltd Class A (c)
 
284,799
2,321,112
Liberty Latin America Ltd Class C (c)
 
1,465,102
11,823,373
TOTAL COMMUNICATION SERVICES
 
 
14,144,485
Financials - 0.4%
 
 
 
Banks - 0.3%
 
 
 
First BanCorp/Puerto Rico
 
1,711,942
49,526,483
Ofg Bancorp
 
471,361
24,916,142
 
 
 
74,442,625
Financial Services - 0.1%
 
 
 
EVERTEC Inc
 
682,674
20,780,596
TOTAL FINANCIALS
 
 
95,223,221
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Unusual Machines Inc /US (b)(c)
 
500,211
10,584,465
TOTAL PUERTO RICO
 
 
119,952,171
SINGAPORE - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Interactive Media & Services - 0.0%
 
 
 
Grindr Inc Class A (b)(c)
 
284,562
4,934,305
Information Technology - 0.2%
 
 
 
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
Kulicke & Soffa Industries Inc
 
567,392
50,611,366
TOTAL SINGAPORE
 
 
55,545,671
SOUTH AFRICA - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Caledonia Mining Corp PLC
 
185,736
3,415,685
SWITZERLAND - 0.3%
 
 
 
Consumer Discretionary - 0.2%
 
 
 
Automobile Components - 0.2%
 
 
 
Garrett Motion Inc
 
1,908,452
59,448,280
Health Care - 0.1%
 
 
 
Biotechnology - 0.1%
 
 
 
ADC Therapeutics SA (c)
 
1,153,622
1,211,303
CRISPR Therapeutics AG (b)(c)
 
1,019,959
48,947,833
TOTAL HEALTH CARE
 
 
50,159,136
Industrials - 0.0%
 
 
 
Machinery - 0.0%
 
 
 
Aebi Schmidt Holding AG (b)
 
412,741
5,320,231
TOTAL SWITZERLAND
 
 
114,927,647
THAILAND - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
BKV Corp (c)
 
352,101
8,612,390
UNITED KINGDOM - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Insurance - 0.1%
 
 
 
Pelagos Insurance Capital Ltd
 
484,077
12,242,308
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Zura Bio Ltd Class A (b)(c)
 
645,796
3,506,672
Industrials - 0.0%
 
 
 
Machinery - 0.0%
 
 
 
Luxfer Holdings PLC
 
299,505
5,100,570
TOTAL UNITED KINGDOM
 
 
20,849,550
UNITED STATES - 95.5%
 
 
 
Communication Services - 2.3%
 
 
 
Diversified Telecommunication Services - 0.4%
 
 
 
Anterix Inc (b)(c)
 
125,779
11,699,963
Atn International Inc
 
114,248
2,720,245
Bandwidth Inc Class A (c)
 
324,545
12,702,691
Cogent Communications Holdings Inc (b)
 
541,580
7,311,330
GCI LLC Class A (c)
 
36,640
866,169
GCI LLC Class C (c)
 
366,363
8,488,631
IDT Corp Class B
 
181,256
11,937,520
Lumen Technologies Inc (c)
 
10,636,136
67,858,548
Shenandoah Telecommunications Co
 
552,711
6,627,005
Uniti Group Inc (b)(c)
 
1,869,282
18,169,421
 
 
 
148,381,523
Entertainment - 0.8%
 
 
 
AMC Entertainment Holdings Inc Class A (c)
 
6,807,466
19,197,054
Atlanta Braves Holdings Inc Class C (c)
 
620,590
31,544,590
Cinemark Holdings Inc
 
1,164,017
42,591,382
CuriosityStream Inc Class A (b)
 
496,739
1,212,042
IMAX Corp (b)(c)
 
503,664
24,095,286
Lionsgate Studios Corp (c)
 
2,173,643
28,865,979
Madison Square Garden Entertainment Corp Class A (c)
 
434,202
33,546,447
Marcus Corp/The
 
247,379
7,198,729
Playtika Holding Corp
 
629,170
2,510,388
Reservoir Media Inc (b)(c)
 
203,320
2,081,997
Sphere Entertainment Co Class A (b)(c)
 
303,244
43,439,703
Starz Entertainment Corp (b)(c)
 
132,350
3,443,747
Stubhub Holdings Inc Class A (b)(c)
 
2,441,990
20,610,396
 
 
 
260,337,740
Interactive Media & Services - 0.5%
 
 
 
Angi Inc Class A (b)(c)
 
322,532
1,828,756
Bumble Inc Class A (b)(c)
 
1,098,282
3,130,104
Cargurus Inc Class A (c)
 
823,299
29,836,356
Cars.com Inc (c)
 
497,605
5,896,619
EverQuote Inc Class A (b)(c)
 
309,337
7,801,479
fuboTV Inc Class A (b)(c)
 
315,350
2,790,848
MediaAlpha Inc Class A (c)
 
336,348
4,163,988
Nextdoor Holdings Inc Class A (c)
 
2,559,663
5,682,452
QuinStreet Inc (b)(c)
 
603,146
9,348,763
RUM Group Inc Class A (b)(c)
 
1,240,996
7,247,417
Shutterstock Inc
 
297,363
1,605,760
TripAdvisor Inc Class A (b)(c)
 
1,248,340
17,682,736
Trump Media & Technology Group Corp (b)(c)
 
1,781,245
17,563,076
Yelp Inc Class A (b)(c)
 
585,003
15,461,629
Ziff Davis Inc (b)(c)
 
381,205
20,234,361
ZipRecruiter Inc Class A (c)
 
715,982
2,820,969
ZoomInfo Technologies Inc (b)(c)
 
2,695,120
8,893,896
 
 
 
161,989,209
Media - 0.5%
 
 
 
Advantage Solutions Inc Class A (c)
 
47,339
1,857,582
AMC Global Media Inc Class A (b)(c)
 
349,601
3,915,531
Boston Omaha Corp (b)(c)
 
237,984
3,374,613
Cable One Inc (b)(c)
 
57,338
2,292,947
Clear Channel Outdoor Holdings Inc (c)
 
4,221,928
10,217,066
DoubleVerify Holdings Inc (c)
 
1,544,009
17,370,101
Entravision Communications Corp Class A (b)
 
701,413
7,869,854
EW Scripps Co/The Class A (c)
 
627,812
1,764,152
Gray Media Inc
 
983,394
3,972,912
Ibotta Inc Class A (b)(c)
 
109,128
2,619,072
iHeartMedia Inc Class A (c)
 
1,341,661
4,816,563
John Wiley & Sons Inc Class A
 
432,551
22,579,162
Lee Enterprises Inc (c)
 
71,433
552,177
Magnite Inc (c)
 
1,579,669
30,487,613
MNTN Inc Class A (c)
 
514,611
4,744,713
National CineMedia Inc
 
737,091
2,955,735
Newsmax Inc Class B (b)(c)
 
527,762
4,069,045
Optimum Communications Inc Class A (c)
 
2,900,579
2,210,821
PubMatic Inc Class A (c)
 
426,874
5,378,612
Scholastic Corp
 
167,273
6,799,647
Sinclair Inc Class A (b)
 
466,235
6,406,069
Stagwell Inc Class A (b)(c)
 
1,142,208
9,651,658
TechTarget Inc (b)(c)
 
332,070
1,490,994
USA TODAY Co Inc (b)(c)
 
1,492,981
12,974,005
 
 
 
170,370,644
Wireless Telecommunication Services - 0.1%
 
 
 
Gogo Inc (c)
 
872,898
3,648,714
Spok Holdings Inc
 
255,324
2,783,031
Telephone and Data Systems Inc
 
1,095,870
36,799,315
 
 
 
43,231,060
TOTAL COMMUNICATION SERVICES
 
 
784,310,176
Consumer Discretionary - 9.1%
 
 
 
Automobile Components - 1.0%
 
 
 
Adient PLC (c)
 
867,901
18,260,637
Cooper-Standard Holdings Inc (c)
 
188,395
5,552,001
Dana Inc
 
1,213,015
32,666,494
Dauch Corp (c)
 
2,592,856
14,649,636
Dorman Products Inc (c)
 
295,403
39,335,863
Fox Factory Holding Corp (b)(c)
 
466,053
8,388,954
Gentherm Inc (c)
 
336,931
13,672,660
Goodyear Tire & Rubber Co/The (b)(c)
 
3,082,573
21,423,882
Holley Inc Class A (c)
 
851,197
2,272,696
LCI Industries
 
264,094
27,032,662
Motorcar Parts of America Inc (c)
 
143,276
1,919,898
Patrick Industries Inc (b)
 
355,134
29,316,312
Phinia Inc (b)
 
406,579
29,920,149
Solid Power Inc (b)(c)
 
2,220,280
4,573,777
Standard Motor Products Inc
 
238,393
9,113,764
Stoneridge Inc (c)
 
305,092
2,108,186
Strattec Security Corp (c)
 
45,268
3,978,605
Versigent PLC
 
789,346
32,639,457
Visteon Corp
 
294,344
30,770,722
XPEL Inc (b)(c)(e)
 
279,855
12,417,166
 
 
 
340,013,521
Automobiles - 0.1%
 
 
 
Harley-Davidson Inc (b)
 
1,153,275
28,301,369
Livewire Group Inc (b)(c)
 
146,628
265,397
Lucid Group Inc (b)(c)
 
1,394,003
10,287,742
Winnebago Industries Inc (b)
 
306,862
9,291,781
 
 
 
48,146,289
Broadline Retail - 0.1%
 
 
 
1stdibs.Com Inc (b)(c)
 
253,310
1,071,501
Groupon Inc (b)(c)
 
259,815
7,165,698
Kohl's Corp (b)
 
1,209,192
23,143,936
Pattern Group Inc Class A
 
353,420
8,135,728
Savers Value Village Inc (b)(c)
 
408,140
4,187,516
 
 
 
43,704,379
Distributors - 0.1%
 
 
 
GigaCloud Technology Inc Class A (b)(c)
 
279,459
12,223,537
Gold.com Inc
 
218,815
9,050,188
Weyco Group Inc (b)
 
67,679
2,639,480
 
 
 
23,913,205
Diversified Consumer Services - 1.1%
 
 
 
American Public Education Inc (c)
 
195,236
9,470,898
Carriage Services Inc
 
155,901
6,293,723
Coursera Inc (b)(c)
 
2,407,779
12,785,306
Covista Inc (c)
 
376,233
46,972,690
Driven Brands Holdings Inc (c)
 
664,788
9,486,525
Frontdoor Inc (c)
 
782,742
56,850,552
Graham Holdings Co Class B
 
34,830
41,919,298
KinderCare Learning Cos Inc (b)(c)
 
336,186
1,798,595
Laureate Education Inc (c)
 
1,335,900
51,178,330
Lincoln Educational Services Corp (c)
 
329,851
13,794,369
Matthews International Corp Class A
 
331,976
9,212,334
McGraw Hill Inc (b)(c)
 
270,769
2,967,628
Perdoceo Education Corp
 
696,226
22,146,949
Phoenix Education Partners Inc
 
58,913
1,684,323
Strategic Education Inc
 
242,590
19,892,380
Stride Inc (b)(c)
 
462,173
37,107,870
Universal Technical Institute Inc (b)(c)
 
524,397
20,614,046
 
 
 
364,175,816
Hotels, Restaurants & Leisure - 2.1%
 
 
 
Accel Entertainment Inc Class A (c)
 
564,655
6,787,153
Bally's Corp (b)(c)
 
110,923
1,545,157
Biglari Holdings Inc Class A (b)(c)
 
731
1,450,698
Biglari Holdings Inc Class B (b)(c)
 
6,944
2,760,171
BJ's Restaurants Inc (c)
 
211,002
14,265,845
Black Rock Coffee Bar Inc Class A
 
193,356
1,558,449
Bloomin' Brands Inc
 
945,293
8,186,237
Brightstar Lottery PLC
 
1,093,963
10,983,389
Brinker International Inc (c)
 
475,369
101,586,356
Cheesecake Factory Inc/The
 
517,151
52,449,454
Cracker Barrel Old Country Store Inc (b)
 
248,744
14,026,674
Dave & Buster's Entertainment Inc (b)(c)
 
296,916
3,218,569
Dine Brands Global Inc (b)
 
138,239
4,968,310
El Pollo Loco Holdings Inc (c)
 
312,638
5,146,021
First Watch Restaurant Group Inc (c)
 
679,488
8,731,421
Genius Sports Ltd Class A (b)(c)
 
2,608,701
18,078,298
Global Business Travel Group I Class A (b)(c)
 
1,379,248
13,020,101
Hilton Grand Vacations Inc (c)
 
619,409
28,579,531
Inspired Entertainment Inc (b)(c)
 
271,913
1,870,761
Jack in the Box Inc (b)(c)
 
195,581
3,201,661
Krispy Kreme Inc (c)
 
873,266
2,776,986
Kura Sushi USA Inc Class A (b)(c)
 
75,739
3,489,296
Life Time Group Holdings Inc (c)
 
1,600,877
72,199,553
Lindblad Expeditions Holdings Inc (c)
 
546,561
16,167,274
Marriott Vacations Worldwide Corp (b)
 
308,566
30,088,271
Monarch Casino & Resort Inc
 
133,774
16,420,759
Nathan's Famous Inc
 
30,584
3,000,596
Navan Inc Class A (c)
 
1,141,023
30,374,032
Papa John's International Inc (b)
 
363,912
10,880,969
Penn Entertainment Inc (c)
 
1,412,254
28,993,575
Portillo's Inc Class A (b)(c)
 
733,403
3,351,652
Pursuit Attractions and Hospitality Inc (c)
 
229,298
11,586,428
Rci Hospitality Holdings Inc
 
73,887
1,853,825
Red Rock Resorts Inc Class A
 
524,596
33,804,966
Rush Street Interactive Inc Class A (c)
 
1,109,421
29,854,519
Sabre Corp (c)
 
3,722,099
6,885,883
Serve Robotics Inc (b)(c)
 
787,117
3,762,419
Shake Shack Inc Class A (c)
 
432,401
27,133,163
SHARPLINK INC (b)(c)
 
2,057,481
12,591,784
Six Flags Entertainment Corp (b)(c)
 
1,059,533
18,361,707
Sweetgreen Inc Class A (b)(c)
 
1,161,733
7,493,178
Target Hospitality Corp (c)
 
445,063
6,764,958
United Parks & Resorts Inc (b)(c)
 
215,843
9,633,073
Venu Holding Corp Class A (b)(c)
 
526,063
1,067,908
Wendy's Co/The (b)
 
1,783,539
13,126,847
Xponential Fitness Inc Class A (b)(c)
 
385,629
2,514,301
 
 
 
706,592,178
Household Durables - 1.4%
 
 
 
Beazer Homes USA Inc (b)(c)
 
272,233
8,738,679
Cavco Industries Inc (c)
 
85,922
47,001,912
Century Communities Inc
 
278,964
18,735,222
Champion Homes Inc (c)
 
609,198
48,498,253
Cricut Inc Class A (b)
 
558,389
2,618,844
Dream Finders Homes Inc Class A (b)(c)
 
312,837
4,001,185
Ethan Allen Interiors Inc
 
264,948
5,934,835
Flexsteel Industries Inc (b)
 
36,189
2,679,072
Gopro Inc Class A (c)
 
1,457,285
1,091,506
Green Brick Partners Inc (c)
 
336,661
23,812,033
Hamilton Beach Brands Holding Co Class A
 
80,587
1,852,695
Helen of Troy Ltd (c)
 
255,066
7,047,474
Hovnanian Enterprises Inc Class A (c)
 
51,990
6,441,561
Installed Building Products Inc (b)
 
261,048
58,198,042
KB Home
 
671,391
36,906,363
La-Z-Boy Inc
 
444,824
17,517,169
Legacy Housing Corp (b)(c)
 
96,671
2,538,580
Leggett & Platt Inc
 
1,495,232
14,653,274
LGI Homes Inc (c)
 
228,115
12,448,236
Lifetime Brands Inc
 
134,485
1,125,639
Lovesac Co/The (b)(c)
 
155,013
2,494,159
M/I Homes Inc (c)
 
280,666
41,013,723
Meritage Homes Corp
 
731,052
51,319,850
Newell Brands Inc
 
4,710,245
26,377,372
Sonos Inc (c)
 
1,327,745
19,464,742
XMAX Inc (b)(c)
 
667,550
5,754,281
 
 
 
468,264,701
Leisure Products - 0.5%
 
 
 
Acushnet Holdings Corp
 
305,415
30,929,377
Callaway Golf Co (c)
 
1,543,852
28,499,508
Escalade Inc
 
94,061
1,868,051
Funko Inc Class A (b)(c)
 
462,104
2,694,066
JAKKS Pacific Inc
 
104,560
2,753,065
Johnson Outdoors Inc Class A
 
72,148
3,384,463
Latham Group Inc (b)(c)
 
562,271
3,013,773
Malibu Boats Inc Class A (c)
 
219,433
6,049,768
MasterCraft Boat Holdings Inc (b)(c)
 
200,785
4,802,777
Peloton Interactive Inc Class A (b)(c)
 
4,468,657
28,554,718
Polaris Inc (b)
 
599,348
40,204,264
Smith & Wesson Brands Inc
 
490,715
7,139,903
Sturm Ruger & Co Inc
 
151,459
5,629,731
Tron Inc (b)(c)
 
568,018
795,225
 
 
 
166,318,689
Specialty Retail - 2.1%
 
 
 
1-800-Flowers.com Inc Class A (b)(c)
 
245,791
958,585
Abercrombie & Fitch Co Class A (c)
 
488,211
48,596,523
Academy Sports & Outdoors Inc
 
713,650
33,862,693
Advance Auto Parts Inc (b)
 
672,680
37,360,647
American Eagle Outfitters Inc
 
1,739,680
29,887,702
Arhaus Inc Class A
 
577,793
4,281,446
Arko Corp
 
809,490
6,467,825
ARKO Petroleum Corp Class A (b)
 
132,879
2,697,444
Asbury Automotive Group Inc (c)
 
214,743
49,755,953
Barnes & Noble Education Inc
 
182,310
2,267,936
Bed Bath & Beyond Inc (b)(c)
 
816,307
4,122,350
Bob's Discount Furniture Inc (b)
 
215,111
3,585,900
Boot Barn Holdings Inc (c)
 
339,982
50,653,919
Buckle Inc/The
 
355,950
15,579,932
Build-A-Bear Workshop Inc (b)
 
133,492
4,528,049
Caleres Inc
 
368,403
4,730,295
Camping World Holdings Inc Class A
 
676,090
4,184,997
Citi Trends Inc (c)
 
55,007
3,667,317
Designer Brands Inc Class A
 
381,839
2,306,308
Envela Corp (c)
 
75,631
1,639,680
EVgo Inc Class A (b)(c)
 
1,480,219
2,338,746
Genesco Inc (c)
 
105,286
4,024,031
Group 1 Automotive Inc
 
128,734
36,917,049
Haverty Furniture Cos Inc (b)
 
155,344
3,827,676
J Jill Inc (b)
 
75,599
1,377,414
Lands' End Inc (c)
 
109,515
1,316,370
MarineMax Inc (b)(c)
 
219,026
7,549,826
Monro Inc (b)
 
278,177
3,407,668
National Vision Holdings Inc (b)(c)
 
869,957
19,173,852
OneWater Marine Inc Class A (b)(c)
 
126,933
1,554,929
Outdoor Holding Co (c)
 
1,161,627
2,485,882
Petco Health & Wellness Co Inc Class A (b)(c)
 
1,003,874
2,800,808
RealReal Inc/The (b)(c)
 
1,230,356
14,875,004
Rent the Runway Inc Class A (c)
 
88,918
320,549
Revolve Group Inc Class A (c)
 
460,252
11,556,928
RH (c)
 
171,812
28,438,322
RideNow Group Inc Class B (c)
 
165,845
1,024,922
Sally Beauty Holdings Inc (c)
 
1,062,519
15,905,909
Shoe Station Group Inc (b)
 
207,932
3,160,566
Signet Jewelers Ltd (b)
 
434,690
40,382,701
Sonic Automotive Inc Class A (b)
 
133,227
12,200,929
Stitch Fix Inc Class A (c)
 
1,285,852
5,169,125
ThredUp Inc Class A (c)
 
1,151,959
6,658,323
Torrid Holdings Inc (b)(c)
 
366,660
934,983
Upbound Group Inc
 
610,211
11,831,991
Urban Outfitters Inc (c)
 
634,761
47,086,571
Victoria's Secret & Co (c)
 
771,586
68,424,247
Warby Parker Inc Class A (b)(c)
 
1,132,853
30,235,847
Winmark Corp
 
33,107
11,041,185
Zumiez Inc (b)(c)
 
147,030
2,892,080
 
 
 
710,049,934
Textiles, Apparel & Luxury Goods - 0.6%
 
 
 
Capri Holdings Ltd (c)
 
1,307,466
20,827,933
Carter's Inc
 
395,533
15,255,708
Figs Inc Class A (c)
 
1,040,226
11,130,418
Fossil Group Inc (b)(c)
 
591,137
2,926,128
G-III Apparel Group Ltd
 
401,327
14,612,316
Kontoor Brands Inc
 
607,494
50,871,548
Movado Group Inc
 
168,471
6,432,223
Oxford Industries Inc (b)
 
156,691
5,941,723
Playboy Inc (c)
 
616,332
684,129
Rocky Brands Inc
 
79,200
3,868,128
Steven Madden Ltd
 
802,089
36,960,261
Superior Group of Cos Inc
 
119,093
1,411,252
Under Armour Inc Class A (b)(c)
 
2,710,206
18,022,870
Under Armour Inc Class C (b)(c)
 
1,428,560
9,271,354
Wolverine World Wide Inc
 
908,238
17,874,124
 
 
 
216,090,115
TOTAL CONSUMER DISCRETIONARY
 
 
3,087,268,827
Consumer Staples - 1.9%
 
 
 
Beverages - 0.1%
 
 
 
Boston Beer Co Inc/The Class A (c)
 
84,821
15,539,207
MGP Ingredients Inc
 
162,406
2,874,586
National Beverage Corp
 
265,272
8,393,206
Vita Coco Co Inc/The (c)
 
537,323
35,431,079
 
 
 
62,238,078
Consumer Staples Distribution & Retail - 0.6%
 
 
 
Andersons Inc/The
 
366,429
25,935,845
Chefs' Warehouse Inc/The (c)
 
406,720
46,915,152
Grocery Outlet Holding Corp (b)(c)
 
1,034,084
9,503,232
Ingles Markets Inc Class A
 
163,198
14,689,452
Natural Grocers by Vitamin Cottage Inc (b)
 
143,815
4,610,709
PriceSmart Inc
 
288,126
55,870,513
United Natural Foods Inc (c)
 
667,328
33,920,282
Village Super Market Inc Class A
 
104,192
4,578,196
Weis Markets Inc
 
137,592
10,601,464
Yesway Inc Class A (b)(c)
 
172,312
3,604,766
 
 
 
210,229,611
Food Products - 0.6%
 
 
 
Alico Inc
 
61,169
2,309,741
B&G Foods Inc (b)
 
898,558
3,171,910
BRC Inc Class A (c)
 
851,816
877,370
Cal-Maine Foods Inc
 
479,207
42,064,791
Del Monte Corp
 
366,759
10,896,410
Dole PLC
 
860,060
12,161,248
Flowers Foods Inc (b)
 
2,114,984
14,847,188
J & J Snack Foods Corp
 
167,606
12,821,859
John B Sanfilippo & Son Inc
 
88,660
7,337,502
Lifeway Foods Inc (b)(c)
 
61,911
1,843,710
Limoneira Co (b)
 
179,336
2,325,988
Mama's Creations Inc (b)(c)
 
411,015
7,575,006
Marzetti Company/The
 
218,814
23,384,653
Mission Produce Inc (b)(c)
 
625,330
7,885,411
Once Upon a Farm PBC (b)(c)
 
142,041
2,154,762
Seneca Foods Corp Class A (c)
 
49,410
8,176,861
Simply Good Foods Co/The (c)
 
917,944
9,344,670
Utz Brands Inc Class A
 
808,879
11,421,371
Vital Farms Inc (b)(c)
 
397,913
5,065,432
Westrock Coffee Co (c)
 
407,104
3,305,684
 
 
 
188,971,567
Household Products - 0.3%
 
 
 
Central Garden & Pet Co (b)(c)
 
182,640
7,862,652
Central Garden & Pet Co Class A (c)
 
447,865
16,978,562
Energizer Holdings Inc
 
683,587
14,334,819
Oil-Dri Corp of America
 
109,531
10,866,571
Spectrum Brands Holdings Inc (b)
 
249,826
22,177,054
WD-40 Co
 
150,021
34,075,770
 
 
 
106,295,428
Personal Care Products - 0.3%
 
 
 
BellRing Brands Inc (c)
 
1,295,436
16,050,452
Coty Inc Class A (b)(c)
 
3,941,027
10,837,824
Edgewell Personal Care Co (b)
 
517,827
14,079,716
Herbalife Ltd (b)(c)
 
1,120,691
13,918,982
Honest Co Inc/The (b)(c)
 
1,045,542
3,816,228
Interparfums Inc (b)
 
203,098
25,295,856
Nature's Sunshine Products Inc (c)
 
158,312
3,189,987
Niagen Bioscience Inc (b)(c)
 
625,759
2,127,581
Nu Skin Enterprises Inc Class A
 
545,135
2,829,251
USANA Health Sciences Inc (c)
 
123,216
2,724,306
 
 
 
94,870,183
Tobacco - 0.0%
 
 
 
Turning Point Brands Inc
 
207,534
15,484,112
Universal Corp/VA
 
275,492
14,515,673
 
 
 
29,999,785
TOTAL CONSUMER STAPLES
 
 
692,604,652
Energy - 5.6%
 
 
 
Energy Equipment & Services - 2.2%
 
 
 
Archrock Inc
 
1,910,507
68,319,730
Atlas Energy Solutions Inc (b)
 
906,554
9,781,718
Bristow Group Inc
 
288,501
13,074,865
Cactus Inc Class A
 
771,798
50,174,588
Core Laboratories Inc
 
509,572
5,421,846
Energy Services of America Corp
 
153,816
2,211,874
Expro Ltd (b)
 
910,385
14,520,641
Flowco Holdings Inc Class A
 
394,759
8,072,822
Forum Energy Technologies Inc (b)(c)
 
116,954
7,329,507
Helix Energy Solutions Group Inc (c)
 
1,537,286
14,619,590
Helmerich & Payne Inc
 
1,077,445
37,247,274
HMH Holding Inc Class A (b)(c)
 
111,495
2,317,981
Innovex International Inc (c)
 
500,914
14,065,665
Kodiak Gas Services Inc
 
1,104,734
64,858,933
Liberty Energy Inc Class A
 
1,765,613
33,034,619
Nabors Industries Ltd (b)(c)
 
156,626
13,418,149
National Energy Services Reunited Corp (c)
 
673,338
18,153,192
Natural Gas Services Group Inc
 
128,496
4,708,093
Noble Corp PLC (b)
 
1,409,564
59,765,514
Oceaneering International Inc (b)(c)
 
1,101,599
53,735,999
Oil States International Inc (c)
 
623,070
5,053,098
Patterson-UTI Energy Inc
 
3,851,236
40,360,953
ProFrac Holding Corp Class A (b)(c)
 
314,723
1,271,481
ProPetro Holding Corp (b)(c)
 
1,094,442
12,148,306
Ranger Energy Services Inc Class A
 
207,956
3,337,694
RPC Inc
 
1,128,185
6,329,118
SEACOR Marine Holdings Inc (b)(c)
 
239,686
2,260,239
Select Water Solutions Inc Class A
 
1,245,130
23,059,808
Smart Sand Inc (b)
 
330,199
1,423,158
Solaris Energy Infrastructure Inc Class A (b)
 
584,242
30,035,881
TETRA Technologies Inc (b)(c)
 
1,424,061
10,965,270
Tidewater Inc (b)(c)
 
547,976
41,131,079
Transocean Ltd (b)(c)
 
10,796,662
57,438,242
Valaris Ltd (c)
 
629,360
49,839,018
 
 
 
779,485,945
Oil, Gas & Consumable Fuels - 3.4%
 
 
 
Aemetis Inc (c)
 
696,161
1,051,202
American Resources Corp (b)(c)
 
969,339
1,735,117
Amplify Energy Corp (c)
 
384,300
1,502,613
California Resources Corp
 
802,977
42,252,650
Calumet Inc (c)
 
754,715
33,350,856
Centrus Energy Corp Class A (b)(c)
 
203,951
36,085,050
Clean Energy Fuels Corp (c)
 
1,769,291
3,432,425
CNX Resources Corp (c)
 
1,508,106
53,990,195
Comstock Inc (b)(c)
 
804,117
2,203,281
Comstock Resources Inc (b)(c)
 
775,549
10,283,780
Core Natural Resources Inc
 
555,772
44,372,836
Crescent Energy Co Class A (b)
 
2,843,621
32,616,333
CVR Energy Inc
 
326,916
11,644,748
Delek US Holdings Inc
 
667,250
45,286,258
DHT Holdings Inc
 
1,616,624
30,020,708
Diversified Energy Co (b)
 
785,541
10,573,382
Dorian LPG Ltd
 
411,156
19,497,018
Encore Energy Corp (United States) (b)(c)
 
2,121,571
2,312,512
Energy Fuels Inc/Canada (United States) (b)(c)
 
2,752,504
31,488,646
Epsilon Energy Ltd (b)
 
223,680
1,252,608
Evolution Petroleum Corp (b)
 
381,832
1,405,142
Excelerate Energy Inc Class A (b)
 
263,210
10,336,257
FutureFuel Corp
 
286,809
1,419,705
Gevo Inc (b)(c)
 
2,600,935
3,849,384
Granite Ridge Resources Inc
 
641,699
3,048,070
Green Plains Inc (c)
 
758,222
12,776,041
Gulfport Energy Corp (c)
 
173,558
28,007,054
HighPeak Energy Inc Class A (b)
 
248,962
1,780,078
Infinity Natural Resources Inc Class A (b)(c)
 
178,930
2,354,719
International Seaways Inc
 
462,150
44,449,587
Kinetik Holdings Inc Class A
 
565,347
28,589,598
Lightbridge Corp (b)(c)
 
375,687
3,095,661
Magnolia Oil & Gas Corp Class A
 
2,537,778
65,246,272
Murphy Oil Corp
 
1,517,684
60,312,762
NACCO Industries Inc Class A
 
44,904
2,128,450
Navigator Holdings Ltd
 
403,792
9,024,751
New Era Energy & Digital Inc (b)(c)
 
875,838
4,081,405
NextDecade Corp (b)(c)
 
1,834,417
12,327,282
Nordic American Tankers Ltd (b)
 
2,265,898
14,796,314
Northern Oil & Gas Inc
 
1,157,179
24,474,336
OPAL Fuels Inc Class A (b)(c)
 
232,343
546,005
Par Pacific Holdings Inc (c)
 
537,356
46,228,737
PBF Energy Inc Class A
 
1,081,274
78,154,485
Peabody Energy Corp
 
1,355,736
28,904,292
PEDEVCO Corp (b)(c)
 
15,525
167,824
PrimeEnergy Resources Corp (b)(c)
 
7,095
1,306,190
REX American Resources Corp (c)
 
319,918
13,769,271
Riley Exploration Permian Inc
 
168,530
5,775,523
Ring Energy Inc (c)
 
2,045,840
2,536,842
Sable Offshore Corp (b)(c)
 
1,462,376
7,735,969
SandRidge Energy Inc
 
354,296
4,931,800
SM Energy Co
 
2,666,224
86,705,604
Summit Midstream Corp Class A (c)
 
94,699
2,918,623
Talos Energy Inc (c)
 
1,394,295
21,165,398
Ur-Energy Inc (United States) (b)(c)
 
4,150,903
5,064,102
Uranium Energy Corp (b)(c)
 
5,410,344
51,939,302
VAALCO Energy Inc (b)
 
1,142,777
6,091,001
Vitesse Energy Inc (b)
 
365,746
5,705,638
W&T Offshore Inc (b)
 
1,062,753
3,815,283
World Kinect Corp
 
551,335
21,976,213
 
 
 
1,143,893,188
TOTAL ENERGY
 
 
1,923,379,133
Financials - 18.6%
 
 
 
Banks - 10.8%
 
 
 
1st Source Corp
 
196,151
17,602,591
ACNB Corp (b)
 
111,941
7,217,956
Amalgamated Financial Corp
 
200,630
9,907,109
Amerant Bancorp Inc Class A
 
375,484
11,114,326
Ameris Bancorp
 
720,601
62,843,613
Ames National Corp (b)
 
97,966
2,996,780
Arrow Financial Corp
 
180,716
7,199,725
Associated Banc-Corp
 
1,595,358
49,264,655
Atlantic Union Bankshares Corp
 
1,584,014
67,209,714
Avidbank Holdings Inc (b)(c)
 
96,163
3,135,875
Avidia Bancorp Inc
 
196,239
4,376,130
Axos Financial Inc (c)
 
605,461
61,399,800
Banc of California Inc
 
1,684,698
32,261,967
BancFirst Corp
 
236,951
26,732,812
Bancorp Inc/The (c)
 
438,766
29,428,036
Bank First Corp (b)
 
112,757
17,222,504
Bank of Hawaii Corp (b)
 
437,427
34,950,417
Bank of Marin Bancorp
 
164,607
4,799,940
Bank7 Corp
 
47,732
2,399,965
BankUnited Inc
 
817,146
38,119,861
Bankwell Financial Group Inc
 
65,203
4,443,584
Banner Corp
 
371,364
26,147,739
Bar Harbor Bankshares
 
183,649
7,292,702
BayCom Corp
 
114,299
3,449,544
BCB Bancorp Inc
 
182,125
1,819,429
Beacon Financial Corp
 
933,125
29,402,769
Blue Ridge Bankshares Inc (b)
 
681,993
2,393,795
Bridgewater Bancshares Inc (b)(c)
 
227,366
4,656,456
Burke & Herbert Financial Services Corp
 
168,402
12,335,447
Business First Bancshares Inc
 
346,400
11,022,448
BV Financial Inc (c)
 
68,781
1,412,762
Byline Bancorp Inc
 
333,771
13,107,187
C&F Financial Corp (b)
 
32,951
2,721,423
California BanCorp
 
281,401
5,993,841
Camden National Corp
 
187,101
10,831,277
Capital Bancorp Inc
 
120,740
4,507,224
Capital City Bank Group Inc
 
152,615
7,916,140
Capitol Federal Financial Inc
 
1,351,984
11,951,539
Carter Bankshares Inc
 
241,596
8,354,390
Cathay General Bancorp
 
718,771
45,419,139
CB Financial Services Inc (b)
 
51,559
1,888,606
Central Pacific Financial Corp
 
287,515
11,328,091
CF Bankshares Inc Class A
 
54,367
1,933,291
Chain Bridge Bancorp Inc Class A (b)(c)
 
27,732
1,262,915
Chemung Financial Corp
 
44,203
3,602,102
ChoiceOne Financial Services Inc
 
159,176
5,416,759
Citizens & Northern Corp
 
196,318
4,984,514
Citizens Community Bancorp Inc/WI
 
97,399
2,142,778
Citizens Financial Services Inc (b)
 
51,075
3,959,334
City Holding Co
 
153,789
22,316,322
Civista Bancshares Inc
 
228,545
6,641,518
CNB Financial Corp/PA (b)
 
324,408
11,386,721
Coastal Financial Corp/WA Class A (c)
 
144,370
5,917,726
CoastalSouth Bancshares Inc
 
84,346
2,300,115
Colony Bankcorp Inc
 
226,208
4,958,479
Columbia Financial Inc (b)
 
3,089,365
33,396,036
Commercial Bancgroup Inc
 
91,949
3,148,334
Community Bancorp/VT
 
56,158
2,271,591
Community Financial System Inc
 
586,344
38,000,955
Community Trust Bancorp Inc
 
178,280
13,986,066
Community West Bancshares
 
262,864
6,579,486
Connectone Bancorp  Inc
 
534,720
17,613,677
Customers Bancorp Inc (c)
 
340,361
26,779,603
CVB Financial Corp
 
1,874,470
41,931,894
Dime Commercial Bancshares Inc
 
449,534
18,323,006
Eagle Bancorp Inc
 
312,029
8,658,805
Eagle Bancorp Montana Inc
 
82,585
1,934,967
Eagle Financial Services Inc
 
52,463
2,127,375
Eastern Bankshares Inc (b)
 
2,408,605
55,301,571
ECB Bancorp Inc/MD (b)(c)
 
74,858
1,538,332
Enterprise Financial Services Corp
 
403,221
26,737,585
Equity Bancshares Inc Class A
 
188,519
9,554,143
Esquire Financial Holdings Inc (b)
 
79,845
10,317,571
Farmers & Merchants Bancorp Inc/Archbold OH
 
150,491
5,020,380
Farmers National Banc Corp
 
652,892
10,354,867
FB Bancorp Inc (b)(c)
 
163,996
2,534,558
FB Financial Corp
 
484,733
29,268,179
Fidelity D&D Bancorp Inc
 
52,550
2,764,130
Financial Institutions Inc
 
218,019
9,039,068
Finwise Bancorp (b)(c)
 
101,609
1,398,140
First Bancorp Inc/The
 
122,977
4,316,493
First Bancorp/Southern Pines NC (b)
 
446,784
28,089,310
First Bank/Hamilton NJ
 
239,114
4,430,782
First Busey Corp
 
901,436
27,818,315
First Business Financial Services Inc
 
88,007
6,178,971
First Capital Inc (b)
 
36,357
2,300,671
First Commonwealth Financial Corp
 
1,123,738
24,194,079
First Community Bankshares Inc
 
181,591
8,665,523
First Community Corp/SC
 
93,401
3,190,578
First Financial Bancorp (b)
 
1,166,374
39,458,432
First Financial Bankshares Inc
 
1,465,086
51,483,122
First Financial Corp
 
127,202
10,246,121
First Guaranty Bancshares Inc (b)
 
64,546
618,995
First Internet Bancorp
 
82,858
2,440,997
First Interstate BancSystem Inc Class A
 
1,012,641
38,500,611
First Merchants Corp
 
698,296
30,124,489
First Mid Bancshares Inc (b)
 
268,165
13,968,715
First National Corp/VA
 
86,023
2,731,230
First Northern Community Bancorp
 
159,653
2,937,615
First United Corp
 
66,010
2,913,681
First Western Financial Inc (c)
 
92,532
2,882,372
Firstsun Capital Bancorp (b)(c)
 
271,069
10,484,949
Five Star Bancorp
 
170,927
8,066,045
Flagstar Financial Inc
 
3,388,178
48,179,891
Franklin Financial Services Corp
 
47,159
2,978,562
FS Bancorp Inc
 
71,634
3,073,815
Fulton Financial Corp
 
2,146,721
52,229,722
FVCBankcorp Inc
 
161,110
2,995,035
GBank Financial Holdings Inc (c)
 
103,595
2,156,848
German American Bancorp Inc
 
408,262
20,772,371
Glacier Bancorp Inc
 
1,451,829
71,560,651
Great Southern Bancorp Inc
 
87,266
7,008,332
Greene County Bancorp Inc
 
77,144
2,581,238
Hancock Whitney Corp
 
906,961
69,835,997
Hanmi Financial Corp
 
330,215
10,527,254
Hanover Bancorp Inc
 
45,841
1,203,096
Hawthorn Bancshares Inc
 
63,743
2,485,340
HBT Financial Inc
 
178,699
6,404,572
Heritage Financial Corp Wash
 
457,016
13,587,086
Hilltop Holdings Inc
 
441,513
17,413,273
Hingham Institution For Savings The
 
17,739
5,058,808
Home Bancorp Inc
 
76,760
5,476,058
Home BancShares Inc/AR
 
2,064,992
64,159,301
HomeTrust Bancshares Inc
 
166,426
8,519,347
Hope Bancorp Inc
 
1,381,850
19,359,719
Horizon Bancorp Inc/IN
 
560,702
11,466,356
Independent Bank Corp
 
536,783
44,998,519
Independent Bank Corp/MI
 
220,210
8,412,022
International Bancshares Corp
 
605,597
46,352,394
Investar Holding Corp
 
136,315
4,105,808
Isabella Bank Corp
 
76,856
3,051,952
John Marshall Bancorp Inc
 
135,634
3,146,709
Kearny Financial Corp/MD
 
657,099
6,301,579
Lakeland Financial Corp
 
272,575
17,076,824
Landmark Bancorp Inc/Manhattan KS
 
58,686
1,839,219
LCNB Corp
 
157,954
3,129,069
Live Oak Bancshares Inc
 
398,018
17,035,170
MainStreet Bancshares Inc
 
68,351
1,576,174
Mechanics Bancorp Class A (b)
 
457,530
7,681,929
Mercantile Bank Corp
 
188,836
11,345,267
Meridian Corp
 
106,525
2,092,151
Metrocity Bankshares Inc
 
255,153
9,027,313
Metropolitan Bank Holding Corp
 
121,602
11,245,753
Mid Penn Bancorp Inc
 
237,647
9,111,386
Midland States Bancorp Inc
 
216,090
7,275,750
MVB Financial Corp
 
130,010
3,984,807
National Bank Holdings Corp Class A (b)
 
477,649
20,629,660
National Bankshares Inc VA
 
71,152
2,888,771
NB Bancorp Inc
 
443,068
10,194,995
Nbt Bancorp Inc
 
567,967
29,903,463
Nicolet Bankshares Inc (b)
 
218,287
37,309,614
Northeast Bank
 
82,800
10,281,276
Northeast Community Bancorp Inc
 
138,580
3,700,086
Northpointe Bancshares Inc
 
223,470
3,910,725
Northrim BanCorp Inc
 
241,814
6,410,489
Northwest Bancshares Inc
 
1,645,508
25,900,296
Norwood Financial Corp
 
114,758
3,900,624
Oak Valley Bancorp
 
76,822
2,601,961
OceanFirst Financial Corp
 
928,717
17,933,525
Ohio Valley Banc Corp
 
41,568
1,748,350
Old National Bancorp/IN
 
3,818,600
101,727,504
Old Second Bancorp Inc
 
549,405
13,894,452
OP Bancorp
 
136,371
2,127,388
Orange County Bancorp Inc
 
137,919
5,275,402
Origin Bancorp Inc
 
328,374
17,971,909
Orrstown Financial Services Inc
 
210,144
8,979,453
Park National Corp
 
185,531
38,618,278
Parke Bancorp Inc
 
109,663
3,744,991
Pathward Financial Inc
 
235,078
20,743,283
PCB Bancorp
 
119,780
3,338,269
Peapack-Gladstone Financial Corp
 
174,889
8,041,396
Peoples Bancorp Inc/OH
 
394,061
16,416,581
Peoples Bancorp of North Carolina Inc
 
48,942
2,104,506
Peoples Financial Services Corp (b)
 
104,519
7,353,957
Pioneer Bancorp Inc/NY (b)(c)
 
111,185
1,914,606
Plumas Bancorp
 
71,252
4,368,460
Ponce Financial Group Inc (c)
 
209,327
4,224,219
Preferred Bank/Los Angeles CA
 
124,807
13,034,843
Primis Financial Corp
 
239,802
3,841,628
Princeton Bancorp Inc
 
56,624
2,335,174
Provident Financial Services Inc
 
1,427,753
35,236,944
QCR Holdings Inc
 
180,572
18,589,887
RBB Bancorp
 
178,749
4,713,611
Red River Bancshares Inc (b)
 
55,947
5,625,471
Renasant Corp
 
1,034,985
45,094,296
Republic Bancorp Inc/KY Class A (b)
 
93,525
9,309,479
Rhinebeck Bancorp Inc (b)(c)
 
68,439
821,267
Richmond Mutual BanCorp Inc (b)
 
93,594
1,464,746
S&T Bancorp Inc
 
405,858
21,165,495
Seacoast Banking Corp of Florida
 
1,077,828
37,443,745
ServisFirst Bancshares Inc
 
573,583
51,335,679
Shore Bancshares Inc
 
343,549
8,416,951
Sierra Bancorp
 
131,093
5,343,351
Simmons First National Corp Class A
 
1,611,324
38,011,133
SmartFinancial Inc
 
168,474
8,828,038
South Plains Financial Inc (b)
 
170,331
7,637,642
Southern Financial Capital Trust III (c)
 
98,405
6,140,472
Southern Missouri Bancorp Inc
 
104,481
8,087,874
Southside Bancshares Inc
 
323,056
10,502,551
SR Bancorp Inc
 
70,808
1,384,296
Stock Yards Bancorp Inc (b)
 
290,721
24,740,357
Texas Capital Bancshares Inc
 
477,322
47,183,280
Third Coast Bancshares Inc (b)(c)
 
168,812
7,400,718
Timberland Bancorp Inc/WA
 
81,963
3,674,401
Tompkins Financial Corp
 
151,697
15,145,428
Towne Bank/Portsmouth VA
 
967,969
36,695,705
TriCo Bancshares
 
328,702
18,913,513
Triumph Financial Inc (c)
 
252,606
19,180,374
TrustCo Bank Corp NY
 
190,601
10,860,445
Trustmark Corp
 
614,624
29,163,909
UMB Financial Corp
 
806,756
117,568,552
United Bankshares Inc/WV
 
1,534,843
74,363,143
United Community Banks Inc/GA
 
1,340,286
47,499,736
Unity Bancorp Inc
 
80,298
4,728,749
Univest Financial Corp
 
307,246
13,592,563
USCB Financial Holdings Inc
 
131,580
2,890,813
Valley National Bancorp
 
5,355,188
76,525,637
Virginia National Bankshares Corp
 
53,430
2,446,827
WaFd Inc
 
814,788
29,959,755
Washington Trust Bancorp Inc
 
217,270
8,469,185
WesBanco Inc
 
1,059,590
43,845,834
West BanCorp Inc
 
172,955
4,851,388
Westamerica BanCorp
 
261,493
15,728,804
Western New England Bancorp Inc
 
193,911
2,507,269
WSFS Financial Corp
 
578,510
46,396,502
 
 
 
3,654,702,713
Capital Markets - 1.8%
 
 
 
Acadian Asset Management Inc
 
308,601
26,690,900
AlTi Global Inc Class A (b)(c)
 
542,964
1,954,670
Artisan Partners Asset Management Inc Class A
 
712,285
27,950,063
Bakkt Inc Class A (b)(c)
 
321,899
2,308,016
BGC Group Inc Class A
 
4,119,686
47,458,783
BRC Group Holdings Inc (b)(c)
 
252,740
1,809,618
Cohen & Steers Inc
 
310,958
25,582,515
DigitalBridge Group Inc Class A
 
1,947,075
30,900,080
Donnelley Financial Solutions Inc (b)(c)
 
271,249
12,830,078
GCM Grosvenor Inc Class A
 
641,332
8,003,823
Gemini Space Station Inc Class A (b)
 
446,641
1,741,900
Innventure Inc (b)(c)
 
608,895
1,960,642
MarketWise Inc Class A
 
26,101
514,190
Miami International Holdings Inc (b)
 
836,284
39,338,799
Moelis & Co Class A
 
825,962
55,405,531
Perella Weinberg Partners Class A
 
767,288
13,542,633
Piper Sandler Cos
 
772,213
58,533,745
PJT Partners Inc Class A (b)
 
268,518
45,194,265
Ridgepost Capital Inc Class A (b)
 
659,089
5,681,347
Silvercrest Asset Management Group Inc Class A
 
77,053
792,105
StepStone Group Inc Class A
 
850,417
37,299,290
StoneX Group Inc (c)
 
1,193,520
91,387,827
Value Line Inc
 
8,107
277,178
Victory Capital Holdings Inc Class A (b)
 
470,388
46,582,524
Virtus Invt Partners Inc
 
70,719
11,269,073
Wealthfront Corp (b)(c)
 
397,731
3,774,467
Westwood Holdings Group Inc
 
81,923
1,570,464
WisdomTree Inc
 
1,488,441
28,831,102
 
 
 
629,185,628
Consumer Finance - 1.2%
 
 
 
Atlanticus Holdings Corp (b)(c)
 
55,286
5,832,120
Bread Financial Holdings Inc
 
447,215
48,330,525
Consumer Portfolio Services Inc (c)
 
93,897
875,120
Dave Inc Class A (c)
 
112,216
41,821,781
Encore Capital Group Inc (b)(c)
 
231,076
21,739,630
Enova International Inc (c)
 
266,131
67,634,533
FirstCash Holdings Inc
 
450,371
91,880,189
Green Dot Corp Class A (c)
 
597,016
7,826,880
Happen Inc (c)
 
1,255,353
24,027,456
Jefferson Capital Inc
 
250,548
5,038,520
Lendingtree Inc (c)
 
124,714
3,973,388
Medallion Financial Corp
 
195,458
1,942,853
Navient Corp (b)
 
708,973
5,948,283
Nelnet Inc Class A
 
162,697
22,105,641
NerdWallet Inc Class A (b)(c)
 
361,023
3,249,207
Oportun Financial Corp (c)
 
454,113
2,515,786
OppFi Inc Class A (b)(c)
 
277,785
2,602,845
PRA Group Inc (c)
 
418,203
7,264,186
PROG Holdings Inc
 
433,659
19,089,669
Regional Management Corp
 
96,870
3,125,995
Upstart Holdings Inc (b)(c)
 
936,082
25,686,090
World Acceptance Corp (b)(c)
 
27,044
4,862,782
 
 
 
417,373,479
Financial Services - 2.0%
 
 
 
Acacia Research Corp (b)(c)
 
370,233
1,640,132
Alerus Financial Corp (b)
 
263,092
8,753,071
Better Home & Finance Holding Co Class A (b)(c)
 
87,129
2,047,532
Burford Capital Ltd (United States) (b)
 
2,241,533
9,235,116
Cannae Holdings Inc (b)
 
438,868
6,385,529
Cass Information Systems Inc (b)
 
127,487
7,129,073
Compass Diversified Holdings (c)
 
742,815
7,487,575
Enact Holdings Inc (b)
 
303,331
14,353,623
Essent Group Ltd
 
998,745
65,877,220
Federal Agricultural Mortgage Corp Class C
 
102,765
23,389,314
Finance of America Cos Inc Class A (b)(c)
 
41,089
934,775
Flywire Corp (c)
 
1,313,141
21,023,387
HA Sustainable Infrastructure Capital Inc
 
1,411,931
53,469,827
International Money Express Inc (c)
 
296,316
3,514,308
Jackson Financial Inc
 
724,066
88,538,791
loanDepot Inc Class A (b)(c)
 
1,227,784
1,204,702
Marqeta Inc Class A (c)
 
957,604
16,624,005
Merchants Bancorp/IN (b)
 
276,634
15,264,664
NCR Atleos Corp (c)
 
806,082
37,910,036
NewtekOne Inc
 
291,917
4,329,129
NMI Holdings Inc (c)
 
838,954
37,165,662
Onity Group Inc (b)(c)
 
76,623
2,808,999
Paymentus Holdings Inc Class A (c)
 
650,843
22,193,746
Payoneer Global Inc (c)
 
2,890,536
20,725,143
Paysafe Ltd (b)(c)
 
265,049
2,141,596
Paysign Inc (b)(c)
 
487,797
4,370,661
PennyMac Financial Services Inc
 
328,195
24,749,185
Priority Technology Holdings Inc (b)(c)
 
373,922
2,430,493
Radian Group Inc
 
1,496,379
58,343,817
Remitly Global Inc (c)
 
2,077,189
47,297,594
Repay Holdings Corp Class A (c)
 
710,206
2,840,824
Security National Financial Corp Class A
 
180,247
1,688,914
Sezzle Inc (b)(c)
 
179,466
27,772,364
Velocity Financial Inc (b)(c)
 
127,542
2,237,087
Walker & Dunlop Inc
 
372,148
18,492,034
Waterstone Financial Inc
 
167,786
3,442,969
 
 
 
667,812,897
Insurance - 2.1%
 
 
 
Abacus Global Management Inc Class A (b)
 
308,421
3,179,821
American Coastal Insurance Corp (b)
 
269,090
2,857,736
American Integrity Insurance Group Inc
 
132,385
2,686,092
Amerisafe Inc
 
210,230
6,105,079
Ategrity Specialty Holdings LLC (b)(c)
 
101,938
2,448,551
Baldwin Insurance Group Inc/The Class A (c)
 
1,071,840
29,732,842
Bowhead Specialty Holdings Inc (c)
 
199,063
6,089,337
Citizens Inc/TX Class A (c)
 
498,684
2,358,775
CNO Financial Group Inc
 
1,023,944
56,409,075
Crawford & Co Class A
 
176,589
1,926,586
Donegal Group Inc Class A
 
193,356
3,816,847
Employers Holdings Inc
 
204,476
10,336,262
Exzeo Group Inc (b)
 
90,458
1,403,907
F&G Annuities & Life Inc (b)
 
391,998
11,199,383
Genworth Financial Inc Class A (c)
 
4,207,459
41,359,322
Goosehead Insurance Inc Class A (c)
 
255,691
15,852,842
Greenlight Capital Re Ltd Class A (c)
 
285,740
4,757,571
HCI Group Inc
 
123,240
21,568,232
Heritage Insurance Holdings Inc (c)
 
271,094
7,962,031
Hippo Holdings Inc (c)
 
208,373
6,553,331
Horace Mann Educators Corp
 
445,034
23,190,722
Investors Title Co (b)
 
15,802
4,571,361
James River Group Holdings Inc
 
410,511
1,843,193
Kemper Corp
 
655,639
18,607,035
Kingstone Cos Inc
 
127,514
2,546,455
Lemonade Inc (c)
 
786,820
38,011,274
MBIA Inc (b)(c)
 
488,763
2,502,467
Mercury General Corp
 
298,240
31,947,469
Neptune Insurance Holdings Inc Class A
 
416,104
13,194,658
NI Holdings Inc (c)
 
66,631
1,009,459
Octave Specialty Group Inc (c)
 
447,301
2,415,425
Oscar Health Inc Class A (c)
 
2,634,954
82,263,264
Palomar Hldgs Inc (c)
 
290,321
38,842,047
Root Inc/OH Class A (b)(c)
 
141,021
7,636,287
Safety Insurance Group Inc
 
163,114
16,864,356
Selective Insurance Group Inc
 
666,349
63,163,222
SiriusPoint Ltd (c)
 
1,158,530
27,399,235
Skyward Specialty Insurance Group Inc (c)
 
458,274
27,473,526
Slide Insurance Holdings Inc (c)
 
724,195
14,462,174
Stewart Information Services Corp
 
336,024
22,711,862
Tiptree Inc Class A
 
255,782
4,545,246
Trupanion Inc (c)
 
370,787
9,080,574
United Fire Group Inc
 
236,900
12,167,184
Universal Insurance Holdings Inc
 
278,066
12,154,265
 
 
 
717,206,382
Mortgage Real Estate Investment Trusts (REITs) - 0.7%
 
 
 
ACRES Commercial Realty Corp (c)
 
62,914
1,100,995
Adamas Trust Inc
 
938,303
8,510,408
Angel Oak Mortgage REIT Inc
 
193,239
1,710,165
Arbor Realty Trust Inc (b)
 
2,115,729
10,599,802
Ares Commercial Real Estate Corp (b)
 
608,342
2,591,537
ARMOUR Residential REIT Inc
 
1,397,571
23,017,994
Blackstone Mortgage Trust Inc Class A (b)
 
1,776,813
25,834,861
Brightspire Capital Inc Class A
 
1,382,747
6,927,562
Chimera Investment Corp
 
935,406
11,673,867
Claros Mortgage Trust Inc (b)(c)
 
1,025,950
1,815,932
Dynex Capital Inc
 
2,406,535
30,587,061
Ellington Financial Inc
 
1,356,471
18,013,935
Franklin BSP Realty Trust Inc
 
869,917
6,602,670
Invesco Mortgage Capital Inc (b)
 
1,004,561
7,443,797
KKR Real Estate Select Trust Inc (b)
 
602,427
4,192,892
Ladder Capital Corp Class A
 
1,256,151
12,008,804
MFA Financial Inc
 
1,143,204
10,414,588
Nexpoint Real Estate Finance Inc
 
85,141
1,443,991
Orchid Island Capital Inc
 
2,254,084
14,629,005
Pennymac Mortgage Investment Trust
 
976,597
9,209,310
Ready Capital Corp
 
1,602,743
2,291,922
Redwood Trust Inc
 
1,387,436
6,340,583
Seven Hills Realty Trust
 
260,461
1,963,876
TPG Mortgage Investment Trust Inc
 
334,852
2,333,918
TPG RE Finance Trust Inc
 
801,889
6,391,055
Two Harbors Investment Corp
 
1,164,443
14,078,116
 
 
 
241,728,646
TOTAL FINANCIALS
 
 
6,328,009,745
Health Care - 19.2%
 
 
 
Biotechnology - 9.5%
 
 
 
4D Molecular Therapeutics Inc (b)(c)
 
501,536
5,105,636
Abeona Therapeutics Inc (b)(c)
 
478,770
3,073,703
Absci Corp (b)(c)
 
1,514,965
11,786,428
ACADIA Pharmaceuticals Inc (c)
 
1,408,238
36,431,117
Achieve Life Sciences Inc (b)(c)
 
851,832
5,468,761
Acumen Pharmaceuticals Inc (c)
 
513,773
1,104,612
ADMA Biologics Inc (c)
 
2,521,484
21,331,755
Agenus Inc (b)(c)
 
435,952
3,269,640
Agios Pharmaceuticals Inc (c)
 
646,318
19,402,466
Akebia Therapeutics Inc (c)
 
2,807,664
3,706,116
Aktis Oncology Inc (b)
 
232,435
5,129,840
Alector Inc (c)
 
1,067,159
1,611,410
Alkermes PLC (c)
 
1,832,599
89,779,025
Allogene Therapeutics Inc (c)
 
2,909,372
5,469,619
Altimmune Inc (b)(c)
 
2,173,494
6,172,723
ALX Oncology Holdings Inc (b)(c)
 
1,174,485
2,278,501
AnaptysBio Inc (c)
 
215,873
11,518,983
Anavex Life Sciences Corp (b)(c)
 
1,002,575
2,757,081
Anika Therapeutics Inc (c)
 
123,749
2,385,881
Annexon Inc (b)(c)
 
1,696,340
8,642,852
Apogee Therapeutics Inc (c)
 
492,992
66,105,297
Arbutus Biopharma Corp (b)(c)
 
1,759,046
7,634,260
Arcturus Therapeutics Holdings Inc (b)(c)
 
292,439
1,684,449
Arcus Biosciences Inc (c)
 
978,275
27,577,572
Arcutis Biotherapeutics Inc (c)
 
1,250,551
33,589,800
Ardelyx Inc (c)
 
2,670,245
13,217,713
Armata Pharmaceuticals Inc (c)
 
128,856
585,006
ArriVent Biopharma Inc (b)(c)
 
414,872
12,371,483
ARS Pharmaceuticals Inc (b)(c)
 
670,463
3,439,475
Assembly Biosciences Inc (b)(c)
 
107,386
2,696,462
Atrium Therapeutics Inc
 
154,179
1,749,932
Aura Biosciences Inc (b)(c)
 
488,920
3,427,329
Avalo Therapeutics Inc (c)
 
457,313
8,345,962
Beam Therapeutics Inc (b)(c)
 
1,084,817
27,684,530
Bicara Therapeutics Inc (b)(c)
 
483,715
13,108,677
BioCryst Pharmaceuticals Inc (c)
 
2,538,144
22,792,533
Biohaven Ltd (c)
 
1,459,506
19,703,331
Black Diamond Therapeutics Inc (b)(c)
 
513,120
867,173
C4 Therapeutics Inc (c)
 
1,110,012
3,862,842
Cabaletta Bio Inc (b)(c)
 
1,229,372
3,294,717
CAMP4 Therapeutics Corp (b)(c)
 
341,836
1,179,334
Candel Therapeutics Inc (b)(c)
 
693,034
6,937,270
Canton Strategic Holdings Inc (b)(c)
 
487,016
939,941
Capricor Therapeutics Inc (b)(c)
 
587,905
2,263,434
CareDx Inc (c)
 
560,759
24,510,776
Caribou Biosciences Inc (c)
 
997,353
1,456,135
Cartesian Therapeutics Inc (b)(c)
 
144,043
1,123,535
Cartesian Therapeutics Inc rights (b)(c)(d)
 
1,117,119
323,965
Celcuity Inc (b)(c)
 
420,597
36,331,169
Celldex Therapeutics Inc (c)
 
854,702
32,529,958
Century Therapeutics Inc (b)(c)
 
1,343,126
2,713,115
CG oncology Inc (b)(c)
 
806,808
57,436,662
Chinook Therapeutics Inc rights (c)(d)
 
86,210
0
Climb Bio Inc (b)(c)
 
385,723
4,590,104
Cogent Biosciences Inc (c)
 
1,822,133
70,935,638
Coherus Oncology Inc (b)(c)
 
1,422,262
2,005,389
Compass Therapeutics Inc (b)(c)
 
1,428,698
2,728,813
Concentra Biosciences LLC rights (c)(d)
 
29,697
0
Corbus Pharmaceuticals Holdings Inc (b)(c)
 
179,556
1,610,617
Corvus Pharmaceuticals Inc (b)(c)
 
740,514
9,819,216
Crescent Biopharma Inc (c)
 
236,413
3,420,896
Cullinan Therapeutics Inc (b)(c)
 
660,987
10,906,286
Cytokinetics Inc (c)
 
1,444,620
111,423,541
CytomX Therapeutics Inc (c)
 
1,947,498
6,037,244
Damora Therapeutics Inc (b)(c)
 
583,679
16,920,854
Denali Therapeutics Inc (b)(c)
 
1,608,716
37,032,642
Design Therapeutics Inc (b)(c)
 
337,104
4,105,927
DiaMedica Therapeutics Inc (b)(c)
 
399,641
2,533,724
Dianthus Therapeutics Inc (b)(c)
 
517,343
55,314,314
Disc Medicine Inc (c)
 
309,253
23,812,481
Dyne Therapeutics Inc (b)(c)
 
1,656,555
41,712,055
Editas Medicine Inc (b)(c)
 
1,091,084
2,814,997
Eikon Therapeutics Inc (b)(c)
 
237,756
2,189,733
Eledon Pharmaceuticals Inc (b)(c)
 
839,205
2,836,513
Elicio Therapeutics Inc (c)
 
139,731
391,246
Emergent BioSolutions Inc (b)(c)
 
569,090
4,108,830
Enanta Pharmaceuticals Inc (c)
 
307,927
3,879,880
Entrada Therapeutics Inc (c)
 
322,233
2,187,962
Erasca Inc (c)
 
2,409,217
43,727,289
Evommune Inc
 
138,618
1,559,453
First Tracks Biotherapeutics Inc (b)
 
255,152
11,236,894
Foghorn Therapeutics Inc (c)
 
396,371
1,795,561
Forte Biosciences Inc (b)(c)
 
211,752
16,220,203
Galectin Therapeutics Inc (b)(c)
 
520,365
1,545,484
Generate Biomedicines Inc (b)
 
267,202
3,740,828
Geron Corp (c)
 
6,100,057
7,869,074
GRAIL Inc (b)(c)
 
451,835
30,977,808
Greenwich Lifesciences Inc (b)(c)
 
74,349
1,003,712
Gyre Therapeutics Inc (b)(c)
 
199,906
1,149,460
Heron Therapeutics Inc (b)(c)
 
1,626,169
806,905
Hyperliquid Strategies Inc (b)
 
1,373,775
8,531,143
Ideaya Biosciences Inc (c)
 
916,934
32,551,157
Immix Biopharma Inc (b)(c)
 
449,259
3,737,835
Immuneering Corp (b)(c)
 
584,479
2,413,898
ImmunityBio Inc (b)(c)
 
4,224,658
30,290,798
Immunome Inc (b)(c)
 
1,152,768
26,237,000
Immunovant Inc (b)(c)
 
932,980
36,031,688
Inhibikase Therapeutics Inc (b)(c)
 
1,320,308
2,878,271
Inhibrx Biosciences Inc (b)(c)
 
103,938
8,528,113
Intellia Therapeutics Inc (b)(c)
 
1,478,652
15,792,003
Invivyd Inc (c)
 
2,288,478
1,224,336
Iovance Biotherapeutics Inc (b)(c)
 
4,351,328
17,709,905
Ironwood Pharmaceuticals Inc Class A (c)
 
1,790,034
7,571,844
Jade Biosciences Inc (c)
 
356,767
7,046,148
Janux Therapeutics Inc (c)
 
471,460
7,152,048
Kailera Therapeutics Inc (c)
 
503,961
8,537,099
Karyopharm Therapeutics Inc (b)(c)
 
216,009
414,736
Keros Therapeutics Inc (b)(c)
 
200,266
2,016,679
Kiniksa Pharmaceuticals International Plc Class A (c)
 
463,178
34,432,653
Kodiak Sciences Inc (c)
 
430,495
17,899,982
Korro Bio Inc (b)(c)
 
121,936
1,264,476
Krystal Biotech Inc (b)(c)
 
285,631
97,434,447
Kura Oncology Inc (c)
 
928,988
8,370,182
Kymera Therapeutics Inc (c)
 
684,750
70,803,150
Kyverna Therapeutics Inc (b)(c)
 
458,351
3,345,962
Larimar Therapeutics Inc (b)(c)
 
726,517
2,775,295
Lexeo Therapeutics Inc (b)(c)
 
776,529
3,207,065
Lineage Cell Therapeutics Inc (c)
 
1,994,857
2,154,446
Lyell Immunopharma Inc (c)
 
103,567
1,340,157
MacroGenics Inc (c)
 
683,332
2,521,495
MannKind Corp (b)(c)
 
3,361,980
13,145,342
MapLight Therapeutics Inc (b)
 
114,415
1,489,683
MeiraGTx Holdings plc (b)(c)
 
657,729
7,754,625
MiMedx Group Inc (b)(c)
 
1,317,540
5,441,440
Mineralys Therapeutics Inc (c)
 
627,892
16,023,804
Minerva Neurosciences Inc (c)
 
370,368
1,474,065
Mirum Pharmaceuticals Inc (b)(c)
 
518,804
54,967,284
Monopar Therapeutics Inc (b)(c)
 
49,332
5,345,122
Monte Rosa Therapeutics Inc (b)(c)
 
809,637
13,375,203
Myriad Genetics Inc (c)
 
1,009,496
2,887,159
Neurogene Inc (b)(c)
 
124,026
4,079,215
Nkarta Inc (c)
 
490,138
1,024,388
Novavax Inc (b)(c)
 
1,668,051
12,210,133
Nurix Therapeutics Inc (c)
 
1,047,808
24,319,624
Nuvectis Pharma Inc (b)(c)
 
187,295
4,030,588
Ocugen Inc (b)(c)
 
3,707,354
4,560,045
Olema Pharmaceuticals Inc (c)
 
856,422
9,806,032
OmniAb Operations Inc $12.5 earnout shares (b)(c)(d)
 
45,323
17,223
OmniAb Operations Inc $15 earnout shares (b)(c)(d)
 
45,323
11,783
Oncternal Therapeutics Inc rights (b)(c)(d)
 
4,336
0
OnKure Therapeutics Inc Class A (c)
 
285,510
1,090,648
Opus Genetics Inc (b)(c)
 
583,651
2,165,345
Organogenesis Holdings Inc Class A (c)
 
754,323
1,787,746
ORIC Pharmaceuticals Inc (b)(c)
 
817,877
9,053,898
Oruka Therapeutics Inc (c)
 
550,743
53,152,207
Ovid therapeutics Inc (b)(c)
 
1,676,723
3,722,325
Palisade Bio Inc (b)(c)
 
1,610,025
3,050,997
Palvella Therapeutics Inc (c)
 
120,068
16,694,255
Perspective Therapeutics Inc (b)(c)
 
1,126,721
3,278,758
Praxis Precision Medicines Inc (c)
 
274,766
84,581,218
Precigen Inc (b)(c)
 
2,109,412
13,226,013
Precision BioSciences Inc (c)
 
261,845
1,830,297
Prelude Therapeutics Inc (c)
 
303,517
1,396,178
Prime Medicine Inc (b)(c)
 
1,023,465
2,988,518
ProKidney Corp Class A (b)(c)
 
822,120
1,266,065
Protagonist Therapeutics Inc (b)(c)
 
672,659
91,912,126
Protalix BioTherapeutics Inc (b)(c)
 
802,533
1,902,003
Protara Therapeutics Inc (c)
 
569,271
2,231,542
PTC Therapeutics Inc (c)
 
905,253
61,566,257
Puma Biotechnology Inc (c)
 
484,010
3,838,199
Recursion Pharmaceuticals Inc Class A (b)(c)
 
5,591,936
16,775,808
REGENXBIO Inc (c)
 
527,935
5,115,690
Relay Therapeutics Inc (b)(c)
 
1,767,834
33,288,314
Replimune Group Inc (b)(c)
 
865,966
9,698,819
Rezolute Inc (c)
 
856,711
4,043,676
Rhythm Pharmaceuticals Inc (c)
 
603,209
59,868,493
Rigel Pharmaceuticals Inc (b)(c)
 
201,443
7,415,117
Rocket Pharmaceuticals Inc (b)(c)
 
984,936
3,063,151
SAB Biotherapeutics Inc (c)
 
473,873
1,691,727
Sagimet Biosciences Inc Class A (b)(c)
 
643,413
4,574,666
Sana Biotechnology Inc (b)(c)
 
2,008,443
6,286,427
Sarepta Therapeutics Inc (b)(c)
 
1,137,988
16,910,502
Savara Inc (b)(c)
 
1,672,858
9,133,805
Scholar Rock Holding Corp (b)(c)
 
1,222,019
57,795,389
SELLAS Life Sciences Group Inc (b)(c)
 
2,063,963
20,660,270
Shattuck Labs Inc (c)
 
671,918
4,750,460
Sionna Therapeutics Inc (b)(c)
 
201,838
9,512,625
Solid Biosciences Inc (b)(c)
 
862,714
6,953,475
Spruce Biosciences Inc (c)
 
29,694
1,271,794
Spyre Therapeutics Inc (c)
 
814,290
80,069,136
Stoke Therapeutics Inc (c)
 
602,340
17,383,532
Surrozen Inc Class A (b)(c)
 
80,268
1,782,752
Sutro Biopharma Inc (c)
 
173,722
4,198,861
Syndax Pharmaceuticals Inc (b)(c)
 
971,932
18,515,305
Tango Therapeutics Inc (c)
 
1,539,756
41,850,568
Taysha Gene Therapies Inc (c)
 
2,622,724
15,369,163
Tectonic Therapeutic Inc (b)(c)
 
112,159
3,143,817
Tenax Therapeutics Inc (c)
 
275,703
3,777,131
TG Therapeutics Inc (b)(c)
 
1,591,147
82,787,378
Tonix Pharmaceuticals Holding Corp (c)
 
158,829
1,589,878
Travere Therapeutics Inc (c)
 
977,006
54,604,865
TriSalus Life Sciences Inc Class A (b)(c)
 
521,754
2,368,763
Twist Bioscience Corp (c)
 
679,049
62,166,936
Tyra Biosciences Inc (b)(c)
 
402,231
12,823,124
Ultragenyx Pharmaceutical Inc (c)
 
1,055,493
26,292,331
Unicycive Therapeutics Inc (b)(c)
 
268,848
1,346,928
Upstream Bio Inc (b)(c)
 
384,509
2,426,252
UroGen Pharma Ltd (c)
 
465,265
17,791,734
Vanda Pharmaceuticals Inc (b)(c)
 
585,865
2,987,912
Vaxcyte Inc (c)
 
1,440,296
77,891,208
Vera Therapeutics Inc Class A (c)
 
698,793
22,431,255
Veracyte Inc (c)
 
885,830
41,031,646
Verastem Inc (b)(c)
 
872,784
5,062,147
Vericel Corp (c)
 
563,199
25,884,626
Vir Biotechnology Inc (b)(c)
 
1,343,751
11,636,884
Viridian Therapeutics Inc (b)(c)
 
987,199
18,677,805
Vor BioPharma Inc (c)
 
446,413
9,441,635
Voyager Therapeutics Inc (c)
 
570,437
1,728,424
Whitehawk Therapeutics Inc (b)(c)
 
352,173
1,355,866
X4 Pharmaceuticals Inc (c)
 
884,763
3,521,357
Xencor Inc (c)
 
761,339
15,386,661
Z Squared Inc (b)(c)
 
479,858
2,308,117
Zenas Biopharma Inc (b)(c)
 
311,608
9,796,956
Zentalis Pharmaceuticals Inc (b)(c)
 
545,843
2,587,296
Zymeworks Inc (c)
 
512,747
11,249,669
 
 
 
3,231,851,049
Health Care Equipment & Supplies - 2.9%
 
 
 
Acme United Corp
 
37,646
2,140,552
Alphatec Holdings Inc (b)(c)
 
1,351,638
12,867,594
AngioDynamics Inc (c)
 
406,661
6,014,516
Anteris Technologies Global Corp (b)(c)
 
894,648
7,014,040
Artivion Inc (c)
 
498,998
13,388,116
AtriCure Inc (c)
 
545,392
20,594,002
Axogen Inc (c)
 
575,481
24,291,053
Beta Bionics Inc (b)(c)
 
445,440
5,714,995
Bioventus Inc (b)(c)
 
526,287
6,931,200
Butterfly Network Inc Class A (b)(c)
 
2,302,652
16,371,856
CapsoVision Inc (b)(c)
 
381,157
2,508,013
Carlsmed Inc (b)(c)
 
93,117
1,172,343
Ceribell Inc (c)
 
301,195
5,328,140
Cerus Corp (c)
 
2,175,416
4,677,144
ClearPoint Neuro Inc (b)(c)
 
308,608
4,610,604
CONMED Corp (b)
 
337,280
15,616,064
CVRx Inc (b)(c)
 
165,915
858,610
Delcath Systems Inc (b)(c)
 
314,275
3,840,441
DENTSPLY SIRONA Inc (b)
 
2,240,009
29,948,920
Electromed Inc (c)
 
72,891
2,968,850
Embecta Corp (b)
 
684,471
2,491,474
Enovis Corp (c)
 
636,372
18,550,244
Glaukos Corp (c)
 
630,428
105,104,957
Haemonetics Corp (c)
 
515,269
44,076,110
Hyperfine Inc Class A (c)
 
848,193
793,739
ICU Medical Inc (c)
 
270,008
45,499,048
Inogen Inc (c)
 
267,300
1,724,085
Inspire Medical Systems Inc (c)
 
317,411
15,937,206
Integer Holdings Corp (b)(c)
 
374,489
45,391,812
Integra LifeSciences Holdings Corp (b)(c)
 
748,053
12,455,082
iRadimed Corp
 
92,567
8,410,638
iRhythm Technologies Inc (c)
 
361,729
42,383,787
Kestra Medical Technologies Ltd (b)(c)
 
293,462
6,699,737
KORU Medical Systems Inc (c)
 
488,221
2,006,588
Lantheus Holdings Inc (c)
 
714,017
71,144,654
LeMaitre Vascular Inc
 
238,645
24,179,511
LivaNova PLC (c)
 
614,190
49,221,187
Lucid Diagnostics Inc (b)(c)
 
1,578,431
1,375,760
Merit Medical Systems Inc (c)
 
653,003
55,511,785
MiniMed Group Inc (b)
 
315,305
5,691,255
Neogen Corp (b)(c)
 
2,421,105
29,150,104
NeuroPace Inc (c)
 
288,065
3,713,158
Novocure Ltd (c)
 
1,169,898
17,361,286
Omnicell Inc (c)
 
499,368
17,662,646
OraSure Technologies Inc (c)
 
716,191
2,900,574
Orchestra BioMed Holdings Inc (b)(c)
 
428,758
1,706,457
Orthofix Medical Inc (b)(c)
 
440,869
5,202,254
OrthoPediatrics Corp (b)(c)
 
193,036
3,897,397
Pro-Dex Inc (b)(c)
 
22,677
1,328,192
Procept Biorobotics Corp (b)(c)
 
613,609
11,425,400
Pulse Biosciences Inc (b)(c)
 
210,120
7,381,516
QuidelOrtho Corp (c)
 
754,060
12,645,586
RxSight Inc (c)
 
433,678
2,606,405
Sanara Medtech Inc (c)
 
36,350
1,230,811
Senseonics Holdings Inc (b)(c)
 
430,028
2,163,041
Shoulder Innovations Inc (b)(c)
 
114,700
2,608,278
SI-BONE Inc (b)(c)
 
480,049
8,525,670
Sight Sciences Inc (c)
 
429,723
2,260,343
STAAR Surgical Co (b)(c)
 
371,056
9,038,924
Stereotaxis Inc (c)
 
733,836
924,633
Strive Inc Class A (b)(c)
 
696,216
7,734,960
Tactile Systems Technology Inc (c)
 
250,114
7,045,711
Tandem Diabetes Care Inc (b)(c)
 
763,465
14,887,568
TransMedics Group Inc (b)(c)
 
375,096
28,698,595
UFP Technologies Inc (b)(c)
 
83,329
21,230,563
Utah Medical Products Inc
 
33,689
2,375,748
Varex Imaging Corp (c)
 
461,892
5,168,571
 
 
 
976,380,103
Health Care Providers & Services - 2.9%
 
 
 
Acadia Healthcare Co Inc (c)
 
1,017,606
30,141,490
Accendra Health Inc (b)(c)
 
784,933
2,425,443
AdaptHealth Corp (c)
 
1,124,316
12,142,613
Addus HomeCare Corp (b)(c)
 
203,755
23,529,627
agilon health Inc (c)
 
136,366
12,492,489
AirSculpt Technologies Inc (c)
 
105,755
508,682
Alignment Healthcare Inc (c)
 
2,232,675
33,155,224
AMN Healthcare Services Inc (c)
 
430,583
14,480,506
Ardent Health Inc (b)(c)
 
259,189
2,765,547
Astrana Health Inc (b)(c)
 
499,026
17,745,365
Aveanna Healthcare Holdings Inc (c)
 
850,733
7,988,383
BrightSpring Health Services Inc (c)
 
1,784,236
106,536,732
Brookdale Senior Living Inc (c)
 
2,619,189
38,240,159
Castle Biosciences Inc (c)
 
327,806
9,178,568
Clover Health Investments Corp Class A (b)(c)
 
4,600,368
19,183,535
Community Health Systems Inc (b)(c)
 
1,417,416
3,954,591
Concentra Group Holdings Parent Inc (b)
 
1,286,530
40,718,675
CorVel Corp (c)
 
323,025
19,400,882
Fulgent Genetics Inc (c)
 
212,867
3,522,949
GeneDx Holdings Corp Class A (b)(c)
 
218,876
14,251,016
Guardian Pharmacy Services Inc Class A (c)
 
197,828
7,820,141
HealthEquity Inc (c)
 
927,272
93,292,836
Hims & Hers Health Inc Class A (b)(c)
 
2,362,481
65,606,097
Hinge Health Inc Class A (c)
 
456,733
34,122,522
Infusystem Holdings Inc (c)
 
209,195
1,912,042
Innovage Holding Corp (b)(c)
 
241,468
2,743,076
LifeStance Health Group Inc (c)
 
2,094,751
21,952,990
Lumexa Imaging Holdings Inc (b)
 
207,585
2,160,960
National HealthCare Corp
 
142,177
32,136,267
NeoGenomics Inc (b)(c)
 
1,440,007
22,017,707
NRC Health Class A
 
129,757
2,531,559
Nutex Health Inc (b)(c)
 
54,851
8,086,683
Omada Health Inc (c)
 
389,748
7,732,600
Oncology Institute Inc/The (b)(c)
 
838,318
4,074,225
OPKO Health Inc (c)
 
4,352,343
5,745,093
Option Care Health Inc (b)(c)
 
1,744,742
40,181,408
PACS Group Inc (c)
 
508,871
23,413,155
Pediatrix Medical Group Inc (c)
 
910,853
24,146,713
Pennant Group Inc/The (c)
 
372,792
15,030,973
Privia Health Group Inc (c)
 
1,321,438
31,278,437
Progyny Inc (c)
 
746,912
23,251,371
RadNet Inc (c)
 
782,110
49,882,976
SBC Medical Group Holdings Inc (b)(c)
 
214,317
655,810
Sonida Senior Living Inc (c)
 
314,054
12,675,219
Strata Critical Medical Inc (b)(c)
 
750,042
3,765,211
Surgery Partners Inc (b)(c)
 
873,939
13,458,661
Talkspace Inc Class A (c)
 
1,556,815
8,126,574
US Physical Therapy Inc
 
166,149
13,135,740
Viemed Healthcare Inc (c)
 
372,227
4,343,889
 
 
 
987,643,411
Health Care Technology - 0.3%
 
 
 
Certara Inc (b)(c)
 
1,271,146
10,296,283
Claritev Corp Class A (b)(c)
 
105,877
2,404,467
Evolent Health Inc Class A (c)
 
1,251,592
3,867,419
HealthStream Inc (b)
 
259,837
7,285,829
HeartFlow Inc (c)
 
879,047
22,178,356
LifeMD Inc (b)(c)
 
437,857
1,532,499
Phreesia Inc (c)
 
541,385
5,809,061
Schrodinger Inc/United States (b)(c)
 
632,265
9,572,492
Simulations Plus Inc (b)(c)
 
187,029
3,409,539
Teladoc Health Inc (b)(c)
 
1,989,339
13,348,465
Waystar Holding Corp (c)
 
1,223,107
25,819,789
 
 
 
105,524,199
Life Sciences Tools & Services - 0.6%
 
 
 
10X Genomics Inc Class A (c)
 
1,303,727
61,627,176
Adaptive Biotechnologies Corp (c)
 
1,684,998
38,030,406
Alamar Biosciences Inc
 
144,686
3,669,237
Alpha Teknova Inc (b)(c)
 
122,765
613,825
Azenta Inc (b)(c)
 
460,024
12,940,475
BioLife Solutions Inc (c)
 
466,282
14,585,301
Codexis Inc (b)(c)
 
942,511
1,319,515
CryoPort Inc (c)
 
542,032
8,179,263
Cytek Biosciences Inc (c)
 
1,329,842
5,611,933
Fortrea Holdings Inc (c)
 
1,055,734
20,238,421
Ginkgo Bioworks Holdings Inc Class A (b)(c)
 
523,147
4,232,259
Lifecore Biomedical Inc (b)(c)
 
302,667
1,337,788
Maravai LifeSciences Holdings Inc Class A (c)
 
1,233,690
8,105,343
Mesa Laboratories Inc
 
58,440
5,891,336
Nautilus Biotechnology Inc Class A (c)
 
541,671
529,213
OmniAb Inc (b)(c)
 
1,197,251
2,370,557
Pacific Biosciences of California Inc (c)
 
3,057,975
4,281,165
Personalis Inc (b)(c)
 
743,346
9,410,760
Quanterix Corp (c)
 
464,940
1,617,991
 
 
 
204,591,964
Pharmaceuticals - 3.0%
 
 
 
Aclaris Therapeutics Inc (c)
 
1,297,851
6,748,825
Alto Neuroscience Inc (b)(c)
 
287,033
7,769,983
Alumis Inc (c)
 
863,916
24,405,627
Amneal Intermediate Inc Class A (c)
 
1,863,299
34,135,638
Amphastar Pharmaceuticals Inc (c)
 
353,885
7,056,467
Amylyx Pharmaceuticals Inc (b)(c)
 
1,007,047
20,453,125
AN2 Therapeutics Inc (b)(c)
 
289,229
1,547,375
ANI Pharmaceuticals Inc (c)
 
224,189
17,764,736
Aquestive Therapeutics Inc (b)(c)
 
1,170,608
4,325,397
Arvinas Inc (b)(c)
 
648,842
5,210,201
AtaiBeckley Inc (b)(c)
 
3,502,627
25,148,862
Atea Pharmaceuticals Inc (c)
 
771,325
3,625,228
Avalyn Pharma Inc
 
186,980
5,383,154
BioAge Labs Inc (c)
 
385,004
3,480,436
Collegium Pharmaceutical Inc (b)(c)
 
359,376
12,718,317
Context Therapeutics Inc (c)
 
1,008,220
604,326
Contineum Therapeutics Inc Class A (c)
 
294,824
4,566,824
CorMedix Inc (b)(c)
 
816,503
6,148,268
Crinetics Pharmaceuticals Inc (b)(c)
 
1,133,527
94,672,175
Definium Therapeutics Inc (c)
 
1,422,899
61,924,564
Edgewise Therapeutics Inc (c)
 
782,053
30,054,297
Enliven Therapeutics Inc (c)
 
468,494
25,678,156
Eton Pharmaceuticals Inc (c)
 
291,898
13,549,905
Evolus Inc (b)(c)
 
645,689
3,770,824
EyePoint Inc (b)(c)
 
846,534
10,370,042
Fulcrum Therapeutics Inc (c)
 
646,379
2,314,037
Harmony Biosciences Holdings Inc (c)
 
493,988
17,408,137
Harrow Inc (b)(c)
 
353,740
13,714,500
Indivior Pharmaceuticals Inc
 
1,310,349
52,427,063
Innoviva Inc (c)
 
825,816
17,317,362
LB Pharmaceuticals Inc (b)
 
244,910
9,815,993
LENZ Therapeutics Inc (b)(c)
 
225,784
1,196,655
Lexicon Pharmaceuticals Inc (c)
 
2,722,989
6,290,105
Ligand Pharmaceuticals Inc (c)
 
219,513
63,118,768
Liquidia Corp (c)
 
771,365
64,879,510
Maze Therapeutics Inc (b)(c)
 
385,642
10,381,483
MBX Biosciences Inc (c)
 
339,492
22,382,708
Nektar Therapeutics (b)(c)
 
376,892
26,634,958
Neumora Therapeutics Inc (c)
 
1,116,548
1,797,642
Novartis AG rights (c)(d)
 
526,013
6
Nuvation Bio Inc Class A (b)(c)
 
2,755,576
17,442,796
Ocular Therapeutix Inc (b)(c)
 
2,252,224
18,400,670
Omeros Corp (b)(c)
 
788,562
9,336,574
Pacira BioSciences Inc (c)
 
432,505
11,422,457
Perrigo Co PLC (b)
 
1,551,186
15,682,490
Phathom Pharmaceuticals Inc (b)(c)
 
536,038
4,690,333
Phibro Animal Health Corp Class A
 
229,686
8,344,492
Prestige Consumer Healthcare Inc (b)(c)
 
523,879
26,309,203
Rapport Therapeutics Inc (b)(c)
 
335,415
13,745,307
Relmada Therapeutics Inc (c)
 
1,035,434
5,498,155
Septerna Inc (c)
 
242,456
8,352,609
SIGA Technologies Inc
 
463,804
1,516,639
SpyGlass Pharma Inc (c)
 
121,342
2,733,835
Supernus Pharmaceuticals Inc (c)
 
613,480
27,379,612
Tarsus Pharmaceuticals Inc (c)
 
457,872
27,032,763
Theravance Biopharma Inc (b)(c)
 
440,080
7,419,749
Third Harmonic Bio Inc (b)(c)(d)
 
250,248
1
Trevi Therapeutics Inc (c)
 
1,172,697
21,401,720
VeraDermics Inc (b)
 
238,104
25,000,920
WaVe Life Sciences Ltd (c)
 
1,508,829
8,313,648
Xeris Biopharma Holdings Inc (b)(c)
 
1,868,647
15,098,668
Zevra Therapeutics Inc (b)(c)
 
644,248
6,126,798
 
 
 
1,022,041,118
TOTAL HEALTH CARE
 
 
6,528,031,844
Industrials - 14.1%
 
 
 
Aerospace & Defense - 1.6%
 
 
 
AAR Corp (c)
 
437,149
61,218,346
AerSale Corp (b)(c)
 
398,338
2,469,696
Aevex Corp Class A (b)
 
197,446
3,283,527
AIRO Group Holdings Inc (b)(c)
 
243,726
1,642,713
Archer Aviation Inc Class A (b)(c)
 
7,369,975
34,196,684
Astronics Corp (c)
 
351,113
24,398,842
Beta Technologies Inc Class A (b)(c)
 
371,725
7,036,754
Cadre Holdings Inc
 
345,285
10,645,137
Ducommun Inc (c)
 
153,773
27,528,442
Eve Holding Inc Class A (b)(c)
 
1,074,274
2,492,316
Firefly Aerospace Inc (b)(c)
 
873,235
17,752,868
Innovative Solutions And Support Inc (c)
 
161,968
2,962,395
Intuitive Machines Inc Class A (b)(c)
 
1,400,467
17,281,763
Mercury Systems Inc (c)
 
616,583
59,870,209
Moog Inc Class A
 
313,057
122,045,271
National Presto Industries Inc
 
59,502
7,224,733
Park Aerospace Corp
 
203,146
6,886,649
Red Cat Holdings Inc (b)(c)
 
1,217,882
9,170,651
Redwire Corp Class A (b)(c)
 
2,142,111
18,464,997
Satellogic Inc Class A (b)(c)
 
1,040,467
3,724,872
Sidus Space Inc Class A (b)(c)
 
902,702
1,588,756
Starfighters Space Inc (b)
 
337,137
1,196,836
Swarmer Inc (b)
 
38,749
1,424,801
Tat Technologies Ltd (b)(c)
 
131,366
5,110,137
V2X Inc (c)
 
320,861
28,954,497
Virgin Galactic Holdings Inc Class A (b)(c)
 
1,052,404
2,683,630
Voyager Technologies Inc Class A (b)(c)
 
568,788
13,952,370
VSE Corp
 
309,593
60,181,783
York Space Systems Inc (b)
 
209,084
3,079,807
 
 
 
558,469,482
Air Freight & Logistics - 0.1%
 
 
 
Forward Air Corp Class Common Stock (c)
 
252,099
3,541,991
Hub Group Inc Class A
 
661,789
30,793,042
Radiant Logistics Inc (c)
 
400,179
3,297,475
 
 
 
37,632,508
Building Products - 1.2%
 
 
 
Apogee Enterprises Inc
 
233,090
9,230,364
AZZ Inc
 
329,213
47,643,705
CSW Industrials Inc
 
177,570
56,632,400
Gibraltar Industries Inc (b)(c)
 
330,839
13,981,256
Griffon Corp
 
423,606
36,502,129
Insteel Industries Inc
 
207,279
6,353,101
Janus International Group Inc (c)
 
1,458,768
7,483,480
Masterbrand Inc (c)
 
2,223,406
18,343,100
Quanex Building Products Corp (b)
 
510,137
9,100,844
Resideo Technologies Inc (c)
 
1,504,233
51,595,192
Tecnoglass Holdings Inc
 
280,188
12,171,367
UFP Industries Inc
 
626,741
54,363,514
Zurn Elkay Water Solutions Corp
 
1,651,491
83,416,811
 
 
 
406,817,263
Commercial Services & Supplies - 1.6%
 
 
 
ABM Industries Inc
 
645,631
30,932,181
ACCO Brands Corp (b)
 
1,051,967
4,439,301
ACV Auctions Inc Class A (c)
 
1,869,358
14,001,491
BrightView Holdings Inc (c)
 
772,098
10,068,158
Brink's Co/The
 
456,311
54,050,038
Casella Waste Systems Inc Class A (b)(c)
 
698,474
62,660,103
Civeo Corp (b)(c)
 
112,686
3,550,736
CompX International Inc Class A
 
18,281
517,535
CoreCivic Inc (c)
 
1,073,836
32,107,696
Deluxe Corp
 
492,936
12,752,254
Ennis Inc
 
277,327
6,045,729
Enviri Corp (b)
 
286,605
6,356,899
GEO Group Inc/The (c)
 
1,399,818
43,240,378
Healthcare Services Group Inc (c)
 
759,602
17,698,727
HNI Corp
 
791,506
35,625,685
Interface Inc
 
638,638
21,879,738
LanzaTech Global Inc Class A (b)(c)
 
17,416
96,135
Liquidity Services Inc (c)
 
259,748
10,124,977
MillerKnoll Inc
 
755,601
17,016,135
NLI Holdings Inc
 
98,673
566,383
Onterris Inc (b)(c)
 
374,685
7,864,638
OPENLANE Inc (c)
 
1,166,428
46,377,177
Perma-Fix Environmental Services Inc (b)(c)
 
192,676
3,198,422
Pitney Bowes Inc
 
1,595,476
27,968,694
Quad/Graphics Inc Class A
 
331,294
3,442,145
UniFirst Corp/MA
 
161,465
47,306,016
Vestis Corp (c)
 
1,016,217
14,694,498
 
 
 
534,581,869
Construction & Engineering - 1.7%
 
 
 
Ameresco Inc Class A (c)
 
358,764
7,559,157
Arcosa Inc
 
541,370
78,606,924
Argan Inc
 
150,273
85,720,228
Bowman Consulting Group Ltd (c)
 
158,316
4,250,785
Cardinal Infrastructure Group Inc Class A (b)
 
187,590
11,609,945
Centuri Holdings Inc (c)
 
967,481
26,934,671
Concrete Pumping Holdings Inc (c)
 
225,414
2,193,278
Construction Partners Inc Class A (c)
 
529,027
54,674,940
Fluor Corp (c)
 
1,571,077
78,820,934
Granite Construction Inc
 
487,707
58,997,916
INNOVATE Corp (c)
 
59,710
484,845
Legence Corp Class A
 
642,588
41,080,651
Limbach Holdings Inc (c)
 
121,992
8,746,826
Matrix Service Co (c)
 
296,129
3,435,096
MYR Group Inc (b)(c)
 
171,268
57,069,923
NWPX Infrastructure Inc (c)
 
104,725
12,889,553
Orion Group Holdings Inc (c)
 
429,104
4,196,637
Shimmick Corp (c)
 
57,632
217,849
Tutor Perini Corp
 
501,544
42,004,310
 
 
 
579,494,468
Electrical Equipment - 1.1%
 
 
 
Allient Inc
 
162,959
14,252,394
American Superconductor Corp (c)
 
516,000
15,154,920
Amprius Technologies Inc (c)
 
1,503,625
14,434,800
Array Technologies Inc (b)(c)
 
1,689,249
8,817,880
Atkore Inc
 
374,609
27,331,473
Babcock & Wilcox Enterprises Inc (c)
 
1,466,625
13,668,945
ChargePoint Holdings Inc Class A (b)(c)
 
260,364
1,421,587
Energous Corp (b)(c)
 
59,011
832,645
Energy Vault Holdings Inc Class A (b)(c)
 
1,511,792
4,308,607
EnerSys
 
407,001
75,722,536
Enovix Corp Class B (b)(c)
 
2,169,687
8,874,020
Eos Energy Enterprises Inc (b)(c)
 
3,767,320
12,733,542
Espey Mfg. & Electronics Corp
 
25,597
1,514,574
Fluence Energy Inc Class A (b)(c)
 
957,535
13,338,463
FuelCell Energy Inc (b)(c)
 
593,780
12,831,586
GrafTech International Ltd (b)(c)
 
182,928
1,229,276
Hyliion Holdings Corp Class A (b)(c)
 
1,398,750
4,979,550
LSI Industries Inc
 
365,677
8,553,185
NANO Nuclear Energy Inc (b)(c)
 
477,268
7,593,334
Net Power Inc Class A (b)(c)
 
457,207
653,805
NuScale Power Corp Class A (b)(c)
 
3,562,486
29,996,132
Plug Power Inc (b)(c)
 
14,961,925
30,821,566
Power Solutions International Inc (b)(c)
 
94,611
2,612,210
Preformed Line Products Co
 
27,618
9,859,074
SES AI Corp Class A (b)(c)
 
2,739,198
1,507,655
Shoals Technologies Group Inc (b)(c)
 
1,866,185
16,310,457
Sunrun Inc (c)
 
2,555,667
25,071,093
Tigo Energy Inc (b)(c)
 
424,460
810,718
 
 
 
365,236,027
Ground Transportation - 0.4%
 
 
 
ArcBest Corp
 
244,760
35,331,106
Covenant Logistics Group Inc Class A
 
169,266
6,012,328
Ftai Infrastructure Inc (b)
 
1,201,213
4,480,524
Heartland Express Inc
 
424,900
5,196,527
Hertz Global Holdings Inc (b)(c)
 
1,397,490
2,215,022
Marten Transport Ltd
 
649,434
9,605,129
PAMT CORP (b)(c)
 
54,077
871,451
Proficient Auto Logistics Inc (c)
 
269,255
1,841,704
RXO Inc (b)(c)
 
1,834,060
37,139,715
Universal Logistics Holdings Inc
 
79,143
1,058,933
Werner Enterprises Inc
 
664,085
24,850,061
 
 
 
128,602,500
Machinery - 3.2%
 
 
 
3D Systems Corp (b)(c)
 
1,590,220
4,198,181
AirJoule Technologies Corp Class A (b)(c)
 
355,594
1,504,163
Alamo Group Inc
 
115,735
18,411,124
Albany International Corp Class A
 
316,719
23,598,733
Alliance Laundry Holdings Inc (b)
 
478,305
12,612,903
Astec Industries Inc
 
254,849
12,910,650
Atmus Filtration Technologies Inc
 
912,172
47,095,440
Blue Bird Corp (b)(c)
 
348,887
25,953,704
CECO Environmental Corp (c)
 
577,020
38,019,848
Columbus McKinnon Corp/NY
 
314,853
6,035,732
Commercial Vehicle Group Inc (c)
 
340,067
1,540,504
Douglas Dynamics Inc
 
255,980
11,296,397
Elmet Group Co/The (b)
 
108,532
1,509,680
Energy Recovery Inc (b)(c)
 
570,214
4,932,351
Enerpac Tool Group Corp Class A
 
569,035
20,337,311
Enpro Inc
 
235,675
73,983,096
ESCO Technologies Inc
 
289,629
91,317,128
Federal Signal Corp
 
667,552
83,410,623
Franklin Electric Co Inc
 
418,638
43,839,771
FreightCar America Inc (c)
 
160,863
1,282,078
Gencor Industries Inc (c)
 
113,750
1,619,800
Gorman-Rupp Co/The
 
234,039
19,001,626
Graham Corp (b)(c)
 
117,196
11,239,096
Greenbrier Cos Inc/The
 
338,316
16,662,063
Helios Technologies Inc
 
365,076
28,443,071
Hillman Solutions Corp (c)
 
2,176,937
17,132,494
Hyster-Yale Inc Class A (b)
 
125,006
4,178,951
JBT Marel Corp
 
580,504
80,382,389
Kadant Inc
 
131,495
40,434,713
Kennametal Inc
 
850,075
28,877,048
L B Foster Co Class A (c)
 
107,238
4,410,699
Lindsay Corp
 
113,723
12,602,783
Manitowoc Co Inc/The (c)
 
387,980
5,373,523
Mayville Engineering Co Inc (c)
 
159,947
4,105,839
Microvast Holdings Inc (b)(c)
 
2,312,752
1,866,622
Miller Industries Inc/TN
 
120,795
6,075,989
Mueller Water Products Inc Class A1
 
1,717,099
43,339,579
Omega Flex Inc
 
42,796
1,260,770
Palladyne AI Corp Class A (b)(c)
 
397,608
2,079,490
Park-Ohio Holdings Corp
 
110,953
4,430,353
Perma-Pipe International Holdings Inc (b)(c)
 
81,478
1,967,694
Proto Labs Inc (c)
 
263,840
19,801,192
Richtech Robotics Inc Class B (b)(c)
 
2,048,039
2,908,215
Standex International Corp
 
133,098
39,463,557
Taylor Devices Inc (c)
 
35,197
1,806,662
Tennant CO
 
196,189
16,485,762
Terex Corp
 
1,259,905
79,172,430
Titan International Inc (b)(c)
 
580,909
4,194,163
Trinity Industries Inc
 
883,610
27,603,976
Twin Disc Inc
 
127,402
2,906,040
Velo3D Inc Class A (b)(c)
 
180,655
1,830,035
Wabash National Corp (b)
 
436,606
5,483,771
Worthington Enterprises Inc
 
342,919
19,275,477
 
 
 
1,080,205,289
Marine Transportation - 0.2%
 
 
 
Genco Shipping & Trading Ltd
 
359,407
9,179,255
Matson Inc
 
332,842
67,430,461
Pangaea Logistics Solutions Ltd
 
392,815
2,989,322
 
 
 
79,599,038
Passenger Airlines - 0.5%
 
 
 
Allegiant Travel Co (c)
 
267,326
26,219,334
flyExclusive Inc Class A (b)(c)
 
155,374
180,233
Frontier Group Holdings Inc (b)(c)
 
648,350
4,376,363
JetBlue Airways Corp (b)(c)
 
3,724,371
22,457,957
Joby Aviation Inc Class A (b)(c)
 
7,410,417
52,984,482
Republic Airways Holdings Inc (c)
 
156,614
3,234,079
SkyWest Inc (c)
 
438,069
46,860,241
Wheels Up Experience Inc Class A (b)(c)
 
59,703
343,292
 
 
 
156,655,981
Professional Services - 1.3%
 
 
 
Asure Software Inc (b)(c)
 
262,984
2,111,762
Barrett Business Services Inc (b)
 
261,189
10,196,819
BlackSky Technology Inc Class A (b)(c)
 
366,456
8,446,811
Cbiz Inc (b)(c)
 
537,902
29,627,642
Clarivate PLC (b)(c)
 
3,829,201
7,581,818
Concentrix Corp (b)
 
468,817
11,532,898
Conduent Inc (c)
 
1,551,101
2,435,229
CRA International Inc
 
69,233
12,394,784
Exponent Inc
 
539,078
36,037,364
Falcon's Beyond Global Inc Class A (b)(c)
 
305,905
3,040,696
First Advantage Corp (b)(c)
 
876,991
17,399,501
Franklin Covey Co (b)(c)
 
102,673
2,202,336
HireQuest Inc
 
61,583
795,651
Huron Consulting Group Inc (c)
 
181,049
27,477,807
IBEX Holdings Ltd (c)
 
107,609
3,802,902
ICF International Inc
 
200,007
16,184,566
Innodata Inc (b)(c)
 
348,260
21,881,176
Insperity Inc
 
404,552
20,474,377
Kelly Services Inc Class A (b)
 
326,302
4,842,322
Kforce Inc
 
185,491
10,530,324
Korn Ferry
 
577,737
47,530,423
Legalzoom.com Inc (c)
 
1,315,244
10,350,970
ManpowerGroup Inc
 
513,363
26,910,488
Maximus Inc
 
602,369
36,292,732
Mistras Group Inc (c)
 
190,734
2,901,064
Public Policy Holding Co Inc (United States) (e)
 
49,016
531,823
Rcm Technologies Inc (c)
 
49,678
1,405,391
Resolute Holdings Management Inc (b)(c)
 
43,925
5,436,158
Spire Global Inc Class A (b)(c)
 
333,851
3,825,932
TIC Solutions Inc (c)
 
1,981,515
14,484,875
TriNet Group Inc
 
306,138
20,153,065
TrueBlue Inc (c)
 
311,790
2,207,473
Upwork Inc (b)(c)
 
1,317,326
12,066,706
Verra Mobility Corp Class A (c)
 
1,675,133
8,861,454
Willdan Group Inc (b)(c)
 
160,318
10,986,593
 
 
 
452,941,932
Trading Companies & Distributors - 1.2%
 
 
 
Alta Equipment Group Inc Class A (c)
 
214,498
1,411,397
BlueLinx Holdings Inc (c)
 
84,283
4,569,824
Boise Cascade Co
 
397,933
30,394,123
Custom Truck One Source Inc Class A (c)
 
668,107
6,781,286
Distribution Solutions Group Inc (c)
 
102,759
3,552,379
DNOW Inc (b)(c)
 
2,051,971
28,973,831
DXP Enterprises Inc/TX (c)
 
142,450
22,367,499
EVI Industries Inc
 
58,763
826,795
GATX Corp
 
391,948
70,107,739
Global Industrial Co
 
165,237
5,905,570
Herc Holdings Inc
 
366,721
55,059,491
Hudson Technologies Inc (c)
 
407,116
2,458,981
Karat Packaging Inc
 
96,834
3,896,600
McGrath RentCorp
 
271,459
31,258,504
NPK International Inc (c)
 
904,658
11,299,178
Rush Enterprises Inc Class A
 
674,439
53,813,488
Rush Enterprises Inc Class B
 
101,866
7,918,044
Titan Machinery Inc (c)
 
232,906
3,957,073
Transcat Inc (b)(c)
 
102,409
8,742,656
Willis Lease Finance Corp (b)
 
124,945
8,912,327
Xometry Inc Class A (b)(c)
 
505,946
43,369,691
 
 
 
405,576,476
Transportation Infrastructure - 0.0%
 
 
 
Sky Harbour Group Corp Class A (b)(c)
 
241,450
2,583,515
TOTAL INDUSTRIALS
 
 
4,788,396,348
Information Technology - 12.4%
 
 
 
Communications Equipment - 1.0%
 
 
 
ADTRAN Holdings Inc (b)(c)
 
840,873
7,155,829
Aviat Networks Inc (b)(c)
 
129,260
2,647,245
BK Technologies Corp (c)
 
33,097
2,647,760
Calix Inc (c)
 
647,297
23,237,962
Clearfield Inc (b)(c)
 
125,534
3,798,659
Digi International Inc (c)
 
410,919
28,649,273
Extreme Networks Inc (c)
 
1,419,462
42,782,585
Harmonic Inc (c)
 
1,213,940
14,021,007
Inseego Corp (b)(c)
 
131,091
921,569
KVH Industries Inc (b)(c)
 
135,614
1,255,785
Lantronix Inc (b)(c)
 
389,659
2,096,364
Netgear Inc (c)
 
289,772
7,000,892
NetScout Systems Inc (c)
 
780,165
31,729,311
Ondas Inc (b)(c)
 
5,337,173
39,975,426
Ribbon Communications Inc (c)
 
1,018,555
2,179,708
Viasat Inc (c)
 
1,388,964
106,853,001
Vistance Networks Inc
 
2,432,277
28,554,932
 
 
 
345,507,308
Electronic Equipment, Instruments & Components - 2.6%
 
 
 
908 Devices Inc (b)(c)
 
317,090
2,539,891
Aeva Technologies Inc (b)(c)
 
306,427
5,374,730
Arlo Technologies Inc (c)
 
1,185,868
17,455,977
Badger Meter Inc (b)
 
325,603
43,744,763
Bel Fuse Inc Class A (b)
 
18,191
4,058,958
Bel Fuse Inc Class B
 
133,977
36,437,725
Belden Inc
 
430,408
53,392,112
Benchmark Electronics Inc
 
394,635
31,480,034
Climb Global Solutions Inc
 
182,412
4,890,466
Crane NXT Co
 
549,890
28,566,786
CTS Corp
 
312,522
20,038,911
Daktronics Inc (c)
 
434,249
8,585,103
ePlus Inc
 
289,965
26,795,666
Evolv Technologies Holdings Inc Class A (c)
 
1,795,872
9,931,172
Forward Industries Inc (b)
 
677,281
2,729,442
Frequency Electronics Inc (b)(c)
 
74,600
4,324,562
Insight Enterprises Inc (c)
 
314,950
40,606,504
Itron Inc (c)
 
487,680
48,602,189
Kimball Electronics Inc (c)
 
263,693
6,521,128
Knowles Corp (c)
 
939,507
34,376,561
LightPath Technologies Inc Class A (b)(c)
 
606,541
6,289,830
Lightwave Logic Inc (b)(c)
 
1,759,521
11,366,506
M-Tron Industries Inc (b)(c)
 
45,682
3,763,283
Methode Electronics Inc
 
384,633
5,381,016
Mirion Technologies Inc Class A (b)(c)
 
2,647,390
39,657,902
Napco Security Technologies Inc (b)
 
381,679
14,152,657
nLight Inc (c)
 
611,378
42,062,806
Novanta Inc (b)(c)
 
396,664
56,544,453
OSI Systems Inc (b)(c)
 
175,207
38,789,078
Ouster Inc Class A (b)(c)
 
685,483
26,740,692
PC Connection Inc
 
120,718
10,106,511
Plexus Corp (c)
 
296,201
74,447,159
Powerfleet Inc NJ (b)(c)
 
1,400,278
5,489,090
RF Industries Ltd (c)
 
92,305
1,137,197
Richardson Electronics Ltd/United States
 
136,618
2,498,743
Rogers Corp (c)
 
198,155
24,466,198
ScanSource Inc (c)
 
236,341
13,381,627
SmartRent Inc Class A (c)
 
1,844,807
1,863,255
Syntec Optics Holdings Inc Class A (b)(c)
 
78,027
509,515
Vishay Intertechnology Inc
 
1,512,528
51,758,708
Vishay Precision Group Inc (c)
 
133,674
12,304,692
Vuzix Corp (b)(c)
 
761,093
1,773,347
 
 
 
874,936,945
IT Services - 0.4%
 
 
 
Backblaze Inc Class A (c)
 
641,319
8,798,897
BigBear.ai Holdings Inc (b)(c)
 
5,345,925
14,915,131
Brand Engagement Network Inc Class A (c)
 
49,358
577,981
Commerce.com Inc (b)(c)
 
819,436
2,564,835
Crexendo Inc (c)
 
201,607
1,387,056
DXC Technology Co (c)
 
1,883,094
21,165,977
Everforth Inc (c)
 
445,379
12,666,579
Fastly Inc Class A (c)
 
1,675,366
37,963,794
Globant SA (b)(c)
 
472,575
17,296,245
Grid Dynamics Holdings Inc (c)
 
725,064
4,995,691
Hackett Group Inc/The
 
250,565
2,686,057
Information Services Group Inc (b)
 
391,152
1,627,192
Rackspace Technology Inc (b)(c)
 
1,004,697
4,149,399
SharonAI Holdings Inc Class A (b)(c)
 
46,790
2,257,618
TSS Inc/MD (b)(c)
 
267,447
2,653,074
Tucows Inc Class A (b)(c)
 
72,227
1,115,184
Unisys Corp (c)
 
706,495
2,027,641
Whitefiber Inc (b)(c)
 
124,179
2,943,042
 
 
 
141,791,393
Semiconductors & Semiconductor Equipment - 2.4%
 
 
 
Aehr Test Systems (c)
 
334,923
26,787,142
Aeluma Inc (b)(c)
 
141,399
2,290,664
Alpha & Omega Semiconductor Ltd (c)
 
270,353
8,581,004
Ambarella Inc (b)(c)
 
466,347
40,105,842
Ambiq Micro Inc (c)
 
203,302
12,927,974
Amtech Systems Inc (c)
 
128,384
1,969,411
Atomera Inc (b)(c)
 
419,050
2,162,298
Axcelis Technologies Inc (c)
 
343,166
44,741,983
AXT Inc (c)
 
683,011
41,274,355
Blaize Holdings Inc Class A (b)(c)
 
938,454
741,660
CEVA Inc (c)
 
303,591
9,912,246
Cohu Inc (b)(c)
 
511,009
24,523,322
Diodes Inc (c)
 
503,265
41,428,775
Everspin Technologies Inc (c)
 
212,797
3,091,940
GSI Technology Inc (b)(c)
 
346,240
1,942,406
Ichor Holdings Ltd (c)
 
383,896
28,895,852
Impinj Inc (b)(c)
 
319,834
48,410,074
inTEST Corp (c)
 
126,860
1,566,721
Kopin Corp (b)(c)
 
1,921,599
6,764,028
MaxLinear Inc (c)
 
947,222
63,293,375
Navitas Semiconductor Corp Class A (c)
 
2,010,557
21,834,649
NVE Corp
 
54,046
6,283,928
PDF Solutions Inc (b)(c)
 
361,713
16,671,352
Penguin Solutions Inc (b)(c)
 
550,359
28,965,394
Photronics Inc (c)
 
636,779
19,288,036
Power Integrations Inc
 
613,134
37,223,365
QuickLogic Corp (b)(c)
 
180,540
2,366,879
Rigetti Computing Inc Class A (b)(c)
 
3,666,443
54,813,323
Silicon Laboratories Inc (c)
 
362,013
78,737,829
SkyWater Technology Inc (c)
 
407,955
13,378,333
Synaptics Inc (b)(c)
 
425,331
45,646,523
Ultra Clean Holdings Inc (c)
 
492,003
40,988,770
Veeco Instruments Inc (b)(c)
 
658,046
32,902,300
Wolfspeed Inc (b)
 
315,865
7,460,731
 
 
 
817,972,484
Software - 5.7%
 
 
 
8x8 Inc (c)
 
1,518,107
2,884,403
A10 Networks Inc
 
792,095
23,422,249
ACI Worldwide Inc (c)
 
1,124,089
64,444,022
Adeia Inc
 
1,219,719
32,505,511
Agilysys Inc (b)(c)
 
287,892
30,274,723
Alarm.com Holdings Inc (c)
 
522,642
28,614,650
Alkami Technology Inc (b)(c)
 
742,778
13,496,276
Amplitude Inc Class A (c)
 
1,055,336
9,371,384
Appian Corp Class A (b)(c)
 
435,598
11,743,722
Arteris Inc (c)
 
383,401
11,456,022
Asana Inc Class A (b)(c)
 
1,065,176
8,862,264
AvePoint Inc Class A (c)
 
1,852,293
24,135,378
Bit Digital Inc (b)(c)
 
3,598,358
4,713,849
Bitdeer Technologies Group Class A (b)(c)
 
1,420,305
14,941,609
Blackbaud Inc (c)
 
394,366
16,878,865
BlackLine Inc (c)
 
544,011
17,081,945
Blend Labs Inc Class A (c)
 
2,012,070
3,581,485
Box Inc Class A (c)
 
1,498,377
47,273,794
Braze Inc Class A (b)(c)
 
1,046,983
26,090,816
C3.ai Inc Class A (b)(c)
 
1,501,452
13,783,329
Cerence Inc (b)(c)
 
490,380
4,178,038
Cipher Digital Inc (b)(c)
 
3,713,354
82,882,061
Cleanspark Inc (b)(c)
 
2,768,836
38,099,183
Clear Secure Inc Class A
 
1,043,257
57,629,517
Commvault Systems Inc (c)
 
489,477
57,660,391
Consensus Cloud Solutions Inc (b)(c)
 
196,840
7,164,976
Core Scientific Inc (b)(c)
 
3,432,807
71,127,761
CS Disco Inc (b)(c)
 
310,729
1,211,843
Daily Journal Corp (b)(c)
 
14,772
8,672,641
Digimarc Corp (b)
 
148,401
973,511
Digital Turbine Inc (c)
 
1,235,492
9,958,066
Domo Inc Class B (b)(c)
 
414,510
1,529,542
Duos Technologies Group Inc (b)(c)
 
289,931
2,496,306
eGain Corp (b)(c)
 
182,964
1,247,814
EverCommerce Inc (b)(c)
 
156,205
1,927,570
Five9 Inc (c)
 
837,128
23,029,391
Freshworks Inc Class A (c)
 
2,346,075
26,639,682
Hut 8 Corp (United States) (c)
 
1,129,783
121,598,544
I3 Verticals Inc Class A (b)(c)
 
240,683
5,068,784
Intapp Inc (c)
 
614,368
20,083,690
Intellicheck Inc (c)
 
200,768
724,772
InterDigital Inc
 
285,734
87,098,867
JFrog Ltd (b)(c)
 
1,193,769
95,250,829
Kaltura Inc (c)
 
979,843
1,342,385
Keel Infrastructure Corp (b)
 
6,457,227
25,635,191
Life360 Inc (b)(c)
 
206,672
11,170,622
LiveRamp Holdings Inc (c)
 
682,631
25,851,236
MARA Holdings Inc (b)(c)
 
4,240,497
48,002,426
Mitek Systems Inc (b)(c)
 
494,606
8,259,920
N-able Inc/US (b)(c)
 
781,880
3,659,198
nCino Inc (b)(c)
 
1,176,347
21,715,366
NCR Voyix Corp (b)(c)
 
1,544,607
12,773,900
NextNav Inc Class A (b)(c)
 
1,109,095
14,540,235
OneSpan Inc
 
414,576
6,417,636
Ooma Inc (c)
 
279,905
6,087,934
PagerDuty Inc (c)
 
896,557
9,485,573
PAR Technology Corp (b)(c)
 
459,495
7,788,440
Porch Group Inc (b)(c)
 
1,067,044
15,418,786
Progress Software Corp (b)(c)
 
462,343
18,766,502
Q2 Holdings Inc (c)
 
694,543
42,276,832
Qualys Inc (c)
 
397,878
57,592,841
Rapid7 Inc (c)
 
729,700
7,041,605
Red Violet Inc (c)
 
125,249
8,689,776
ReposiTrak Inc
 
136,877
1,155,242
Rimini Street Inc (b)(c)
 
543,858
2,615,957
Riot Platforms Inc (b)(c)
 
3,904,488
78,753,523
Roadzen Inc (b)(c)
 
501,263
576,451
ServiceTitan Inc Class A (b)(c)
 
671,486
55,773,627
Silvaco Group Inc (b)(c)
 
133,071
1,035,292
Soluna Holdings Inc (b)(c)
 
1,146,178
1,398,337
SoundHound AI Inc Class A (b)(c)
 
4,377,000
26,831,010
Sprinklr Inc Class A (b)(c)
 
1,206,461
7,673,092
Sprout Social Inc Class A (c)
 
598,639
5,136,323
SPS Commerce Inc (c)
 
407,968
29,940,772
Telos Corp (c)
 
610,537
2,710,784
Tenable Holdings Inc (c)
 
1,257,411
41,041,895
Teradata Corp (c)
 
1,046,510
32,431,345
Thryv Holdings Inc (b)(c)
 
372,112
1,507,054
Varonis Systems Inc (c)
 
1,249,485
49,916,926
Veritone Inc (b)(c)
 
916,280
998,745
Vertex Inc Class A (c)
 
797,113
10,290,729
Via Transportation Inc Class A (b)(c)
 
577,836
11,753,184
Viant Technology Inc Class A (c)
 
186,615
2,196,459
Weave Communications Inc (b)(c)
 
715,442
4,678,991
Workiva Inc Class A (c)
 
567,671
33,946,726
Xperi Inc (c)
 
502,202
3,871,977
Yext Inc (b)(c)
 
947,611
5,173,956
Zeta Global Holdings Corp Class A (b)(c)
 
2,484,250
53,659,800
 
 
 
1,949,394,676
Technology Hardware, Storage & Peripherals - 0.3%
 
 
 
Corsair Gaming Inc (b)(c)
 
521,011
5,527,927
CPI Card Group Inc (c)
 
86,255
1,817,392
Diebold Nixdorf Inc (b)(c)
 
248,373
18,277,769
Eastman Kodak Co (c)
 
705,534
5,926,486
GPGI Inc Class A
 
1,979,638
26,131,222
Immersion Corp
 
308,561
2,332,721
Infleqtion Inc Class A (b)(c)
 
1,287,750
12,658,583
One Stop Systems Inc (b)(c)
 
246,478
3,014,426
Quantum Computing Inc (b)(c)
 
2,258,046
18,290,173
Turtle Beach Corp (b)(c)
 
161,747
1,981,400
Xerox Holdings Corp (b)
 
1,330,563
3,925,161
 
 
 
99,883,260
TOTAL INFORMATION TECHNOLOGY
 
 
4,229,486,066
Materials - 3.7%
 
 
 
Chemicals - 1.8%
 
 
 
AdvanSix Inc
 
295,037
5,918,442
Alto Ingredients Inc (c)
 
805,081
3,832,186
Ashland Inc (b)
 
508,244
36,903,597
ASP Isotopes Inc (b)(c)
 
1,275,240
5,100,960
Aspen Aerogels Inc (b)(c)
 
740,120
3,426,756
Avient Corp
 
1,023,166
37,161,389
Balchem Corp
 
357,739
59,940,959
Cabot Corp
 
571,448
50,298,853
Chemours Co/The
 
1,680,526
27,913,537
Core Molding Technologies Inc (c)
 
90,984
2,143,583
Ecovyst Inc (c)
 
1,202,288
14,499,593
Flotek Industries Inc (b)(c)
 
158,735
3,736,622
FMC Corp
 
1,396,795
14,959,674
Hawkins Inc
 
215,207
27,552,952
HB Fuller Co
 
610,698
33,771,599
Huntsman Corp
 
1,842,106
17,978,955
Ingevity Corp (c)
 
387,968
28,364,340
Innospec Inc
 
276,099
23,738,992
Intrepid Potash Inc (c)
 
122,384
4,156,161
Koppers Holdings Inc (b)
 
199,429
9,776,010
Kronos Worldwide Inc (b)
 
247,077
1,487,404
LSB Industries Inc (c)
 
654,865
7,124,931
Mativ Holdings Inc
 
610,388
5,328,687
Minerals Technologies Inc
 
343,245
26,168,999
Perimeter Solutions Inc (c)
 
1,662,511
50,889,462
PureCycle Technologies Inc (b)(c)
 
1,591,977
10,140,893
Quaker Chemical Corp (b)
 
152,543
24,486,202
Rayonier Advanced Materials Inc (c)
 
679,552
6,081,990
Sensient Technologies Corp
 
471,515
58,312,261
Stepan Co
 
241,139
15,466,655
Tronox Holdings PLC
 
1,301,810
7,602,570
Valhi Inc
 
28,907
388,510
 
 
 
624,653,724
Construction Materials - 0.2%
 
 
 
Knife River Corp (b)(c)
 
634,279
46,410,195
Smith-Midland Corp (b)(c)
 
30,203
819,558
United States Lime & Minerals Inc (b)
 
120,387
13,278,686
 
 
 
60,508,439
Containers & Packaging - 0.2%
 
 
 
Ardagh Metal Packaging SA
 
1,569,437
7,423,437
Greif Inc Class A
 
278,418
24,097,079
Greif Inc Class B (b)
 
43,430
4,711,286
Myers Industries Inc
 
414,492
14,159,047
O-I Glass Inc (c)
 
1,699,393
12,150,660
Ranpak Holdings Corp Class A (b)(c)
 
535,854
2,743,572
TriMas Corp
 
299,680
11,966,222
 
 
 
77,251,303
Metals & Mining - 1.4%
 
 
 
Alpha Metallurgical Resources Inc (b)(c)
 
116,907
16,034,964
American Battery Technology Co (b)(c)
 
1,408,094
2,942,916
Ampco-Pittsburgh Corp (c)
 
176,353
1,417,878
Century Aluminum Co (b)(c)
 
767,080
34,342,172
Commercial Metals Co
 
1,232,542
84,700,287
Compass Minerals International Inc (c)
 
349,006
10,239,836
Constellium SE (c)
 
1,479,987
41,114,039
Contango Silver & Gold Inc (b)(c)
 
288,988
4,450,415
Dakota Gold Corp (b)(c)
 
1,278,904
5,806,224
Ferroglobe PLC
 
1,320,106
4,197,937
Friedman Industries Inc
 
74,028
2,461,431
Hycroft Mining Holding Corp (b)(c)
 
597,378
11,666,792
Idaho Strategic Resources Inc (b)(c)
 
168,276
4,723,507
Ivanhoe Electric Inc / US (b)(c)
 
1,327,214
12,144,008
Kaiser Aluminum Corp
 
180,712
28,856,092
Materion Corp
 
229,358
48,357,842
Metallus Inc (c)
 
399,478
8,037,497
NioCorp Developments Ltd (b)(c)
 
1,569,140
6,676,691
Perpetua Resources Corp (United States) (b)(c)
 
940,937
17,322,650
Ramaco Resources Inc Class A (b)(c)
 
535,388
4,909,508
REalloys Inc (b)(c)
 
623,313
5,472,688
Ryerson Holding Corp
 
495,742
13,776,670
Silver Bow Mining Corp
 
57,140
370,839
SunCoke Energy Inc
 
944,759
8,011,556
Tredegar Corp (c)
 
299,234
2,271,186
United States Antimony Corp (b)(c)
 
1,465,485
7,430,009
US Gold Corp (b)(c)
 
156,596
2,032,616
USA Rare Earth Inc Class A (b)(c)
 
2,124,591
31,762,635
Vista Gold Corp (United States) (b)(c)
 
1,576,533
2,711,637
Warrior Met Coal Inc
 
580,715
46,114,579
Worthington Steel Inc
 
365,340
13,155,893
 
 
 
483,512,994
Paper & Forest Products - 0.1%
 
 
 
Clearwater Paper Corp (c)
 
169,797
3,570,830
Magnera Corp (c)
 
367,333
4,867,162
Sylvamo Corp
 
372,027
13,917,530
 
 
 
22,355,522
TOTAL MATERIALS
 
 
1,268,281,982
Real Estate - 6.0%
 
 
 
Diversified REITs - 0.5%
 
 
 
AH Realty Trust Inc Class A
 
882,374
6,141,323
Alpine Income Property Trust Inc
 
182,369
3,680,206
American Assets Trust Inc
 
558,357
13,171,642
Broadstone Net Lease Inc Class A
 
2,147,890
45,986,325
CTO Realty Growth Inc
 
379,943
8,347,348
Essential Properties Realty Trust Inc
 
2,423,034
75,816,734
Gladstone Commercial Corp
 
569,865
7,123,313
Global Net Lease Inc
 
2,157,987
18,817,647
Modiv Industrial Inc Class C
 
119,110
2,062,984
NexPoint Diversified Real Estate Trust
 
432,653
1,955,591
 
 
 
183,103,113
Health Care REITs - 0.8%
 
 
 
CareTrust REIT Inc
 
2,490,656
104,458,113
Chiron Real Estate Inc
 
145,953
5,181,332
Community Healthcare Trust Inc
 
333,128
6,099,574
Diversified Healthcare Trust
 
2,445,038
21,760,838
LTC Properties Inc
 
553,342
22,266,482
National Health Investors Inc (b)
 
534,972
41,005,604
National Healthcare Properties Inc Class A
 
498,077
7,615,597
Sabra Health Care REIT Inc
 
2,804,633
59,374,081
Strawberry Fields REIT Inc
 
90,241
1,283,226
Universal Health Realty Income Trust
 
149,990
6,512,566
 
 
 
275,557,413
Hotel & Resort REITs - 0.9%
 
 
 
Apple Hospitality REIT Inc
 
2,433,753
40,181,262
Braemar Hotels & Resorts Inc
 
665,526
1,510,743
Chatham Lodging Trust
 
507,337
6,762,802
DiamondRock Hospitality Co
 
2,277,929
30,159,780
Park Hotels & Resorts Inc
 
2,081,675
31,350,026
Pebblebrook Hotel Trust
 
1,243,713
23,754,918
RLJ Lodging Trust
 
1,388,571
17,009,995
Ryman Hospitality Properties Inc
 
688,039
91,956,412
Service Properties Trust
 
1,282,784
10,300,756
Summit Hotel Properties Inc (b)
 
1,164,337
8,010,639
Sunstone Hotel Investors Inc
 
2,019,329
23,767,502
Xenia Hotels & Resorts Inc
 
1,033,989
21,279,494
 
 
 
306,044,329
Industrial REITs - 0.4%
 
 
 
Industrial Logistics Properties Trust
 
624,834
5,379,821
LXP Industrial Trust
 
649,229
39,297,831
One Liberty Properties Inc
 
214,118
5,205,208
Terreno Realty Corp
 
1,175,547
84,227,943
 
 
 
134,110,803
Office REITs - 0.6%
 
 
 
Brandywine Realty Trust
 
1,915,698
5,823,722
COPT Defense Properties
 
1,275,378
48,413,349
Douglas Emmett Inc
 
1,831,652
21,650,127
Easterly Government Properties Inc
 
507,641
12,366,135
Empire State Realty Trust Inc Class A
 
1,591,079
8,050,860
Highwoods Properties Inc
 
1,230,297
40,759,740
Hudson Pacific Properties Inc (c)
 
587,870
8,094,970
JBG SMITH Properties
 
669,743
9,409,889
NET Lease Office Properties
 
164,378
1,923,223
Orion Properties Inc
 
594,533
1,569,566
Piedmont Realty Trust Inc Class A1 (c)
 
1,393,183
13,499,943
Postal Realty Trust Inc Class A
 
302,903
6,978,885
SL Green Realty Corp
 
799,527
42,318,964
 
 
 
220,859,373
Real Estate Management & Development - 0.7%
 
 
 
AGNT Inc (b)
 
1,049,384
4,250,005
American Realty Investors Inc (c)
 
14,686
223,521
Compass Inc Class A (b)(c)
 
7,861,639
89,544,068
Comstock Holding Cos Inc Class A (c)
 
39,456
556,330
Cushman & Wakefield Ltd
 
2,613,030
35,066,863
Douglas Elliman Inc (c)
 
803,085
1,357,214
Forestar Group Inc (c)
 
216,065
6,082,230
FRP Holdings Inc (c)
 
125,338
2,797,544
Marcus & Millichap Inc
 
252,882
7,776,122
Maui Land & Pineapple Co Inc (b)(c)
 
67,564
1,171,560
Newmark Group Inc Class A
 
1,734,720
26,012,126
Opendoor Technologies Inc Class A (b)(c)
 
10,297,699
38,822,325
RE/MAX Holdings Inc Class A (b)(c)
 
203,023
1,839,388
RMR Group Inc/The Class A (b)
 
180,609
3,438,795
Seaport Entertainment Group Inc (b)(c)
 
80,163
2,102,675
St Joe Co/The
 
424,770
26,437,685
Tejon Ranch Co (b)(c)
 
230,897
3,909,086
Transcontinental Realty Investors Inc (c)
 
12,658
516,320
 
 
 
251,903,857
Residential REITs - 0.2%
 
 
 
BRT Apartments Corp
 
129,008
1,923,509
Centerspace
 
190,956
10,472,027
Independence Realty Trust Inc
 
2,643,590
43,962,902
NexPoint Residential Trust Inc
 
262,281
6,848,157
UMH Properties Inc
 
923,283
13,950,806
 
 
 
77,157,401
Retail REITs - 1.5%
 
 
 
Acadia Realty Trust (b)
 
1,505,023
33,817,867
Alexander's Inc
 
24,626
6,279,630
CBL & Associates Properties Inc
 
206,361
12,115,454
Curbline Properties Corp (b)
 
1,088,739
33,358,963
FrontView REIT Inc
 
245,613
4,995,768
Getty Realty Corp
 
647,487
22,105,206
InvenTrust Properties Corp
 
873,080
30,915,763
Kite Realty Group Trust
 
2,276,038
65,140,208
Macerich Co/The
 
3,130,996
80,904,937
NETSTREIT Corp (b)
 
1,095,773
23,504,331
Phillips Edison & Co Inc
 
1,413,918
60,077,376
Saul Centers Inc
 
151,239
5,152,713
SITE Centers Corp
 
577,048
2,469,764
Tanger Inc
 
1,258,998
51,190,859
Urban Edge Properties
 
1,426,575
32,326,190
 
 
 
464,355,029
Specialized REITs - 0.4%
 
 
 
Farmland Partners Inc
 
469,985
4,394,360
Four Corners Property Trust Inc
 
1,237,848
31,688,909
Gladstone Land Corp
 
470,041
3,812,033
Outfront Media Inc
 
1,766,238
56,290,005
Safehold Inc
 
634,786
10,270,837
Smartstop Self Storage REIT Inc
 
624,191
20,935,366
 
 
 
127,391,510
TOTAL REAL ESTATE
 
 
2,040,482,828
Utilities - 2.6%
 
 
 
Electric Utilities - 0.7%
 
 
 
Genie Energy Ltd Class B
 
234,105
3,256,400
Hawaiian Electric Industries Inc (b)(c)
 
1,813,908
23,435,691
MGE Energy Inc
 
411,409
32,719,358
Otter Tail Corp
 
427,947
37,839,074
Portland General Electric Co
 
1,295,126
63,888,566
TXNM Energy Inc
 
1,136,556
65,829,324
 
 
 
226,968,413
Gas Utilities - 0.9%
 
 
 
Chesapeake Utilities Corp
 
265,252
35,220,161
New Jersey Resources Corp
 
1,124,364
65,089,432
Northwest Natural Holding Co
 
470,731
23,028,161
ONE Gas Inc
 
697,733
54,178,967
RGC Resources Inc
 
94,916
2,031,202
Southwest Gas Holdings Inc
 
806,920
72,138,648
Spire Inc
 
648,792
51,812,529
 
 
 
303,499,100
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Hallador Energy Co (c)
 
386,132
5,490,797
Montauk Renewables Inc (c)
 
744,416
1,272,951
Ormat Technologies Inc (b)
 
686,757
67,013,748
 
 
 
73,777,496
Multi-Utilities - 0.5%
 
 
 
Avista Corp
 
921,172
37,261,407
Black Hills Corp
 
850,986
60,598,714
Northwestern Energy Group Inc
 
686,254
47,173,100
Unitil Corp
 
197,577
10,657,303
 
 
 
155,690,524
Water Utilities - 0.4%
 
 
 
American States Water Co
 
435,712
37,314,376
Cadiz Inc (b)(c)
 
616,811
1,844,265
California Water Service Group
 
665,710
33,358,728
Consolidated Water Co Ltd
 
170,548
4,980,002
Global Water Resources Inc
 
158,513
1,134,953
H2O America
 
387,225
23,748,509
Middlesex Water Co
 
204,936
11,742,833
Pure Cycle Corp (c)
 
214,316
2,252,461
York Water Co/The
 
179,254
5,551,496
 
 
 
121,927,623
TOTAL UTILITIES
 
 
881,863,156
TOTAL UNITED STATES
 
 
32,552,114,757
URUGUAY - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Financial Services - 0.0%
 
 
 
Dlocal Ltd/Uruguay Class A
 
997,854
15,047,638
 
TOTAL COMMON STOCKS
 (Cost $26,013,275,469)
 
 
 
33,904,309,821
 
 
 
 
U.S. Treasury Obligations - 0.0%
 
 
Yield (%) (f)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 8/13/2026 (g)
 (Cost $11,334,342)
 
3.64
11,348,000
11,336,636
 
 
 
 
 
Money Market Funds - 9.1%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (h)
 
3.69
145,763,802
145,792,955
Fidelity Securities Lending Cash Central Fund (h)(i)
 
3.72
2,948,137,976
2,948,432,790
 
TOTAL MONEY MARKET FUNDS
 (Cost $3,094,200,449)
 
 
 
3,094,225,745
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 108.6%
 (Cost $29,118,810,260)
 
 
 
37,009,872,202
NET OTHER ASSETS (LIABILITIES) - (8.6)%  
(2,939,808,403)
NET ASSETS - 100.0%
34,070,063,799
 
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value and Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
CME E-Mini Russell 2000 Index Contracts (United States)
1,185
9/2026
174,076,500
(1,706,734)

Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Security or a portion of the security is on loan at period end.
 
(c)
Non-income producing.
 
(d)
Level 3 security.
 
(e)
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $12,948,989 or 0.0% of net assets.
 
(f)
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
 
(g)
Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $11,048,924.
 
(h)
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
 
(i)
Investment made with cash collateral received from securities on loan.
 
At period end, the value of non-cash collateral for securities on loan amounted to $1,973,272,806.
 
Affiliated Underlying Funds
Fiscal year to date information regarding the Fund's investments in affiliated underlying funds is presented below. Exchanges between classes of the same affiliated underlying funds may occur. If an underlying fund changes its name, the name presented below is the name in effect at period end.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
 
 
Shares,
end
of period
Fidelity Cash Central Fund
90,882,714
4,041,490,693
3,986,720,105
1,213,454
132,319
7,334
145,792,955
145,763,802
Fidelity Securities Lending Cash Central Fund
2,637,683,564
3,775,182,861
3,464,433,634
7,411,667
-
(1)
2,948,432,790
2,948,137,976
 
2,728,566,278
7,816,673,554
7,451,153,739
8,625,121
132,319
7,333
3,094,225,745
 
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.
 
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. U.S. Treasury Obligations are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
 
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Equity Risk - Equity risk relates to the fluctuations in the value of financial instruments as a result of changes in market prices (other than those arising from interest rate risk or foreign exchange risk), whether caused by factors specific to an individual investment, its issuer, or all factors affecting all instruments traded in a market or market segment.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
 
The Fund used futures contracts to manage its exposure to the stock market.
 
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
 
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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