Quarterly Holdings Report
for
Fidelity® Total International Index Fund
July 31, 2026
TI1-NPRT3-0926
1.9871048.110
Common Stocks - 97.1%
 
 
Shares
Value ($)
 
AUSTRALIA - 4.7%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Aussie Broadband Ltd
 
145,838
486,416
Superloop Ltd (d)
 
292,484
655,532
Telstra Group Ltd
 
2,266,788
8,002,611
TPG Telecom Ltd
 
408,437
1,025,412
Tuas Ltd (d)
 
248,285
375,040
 
 
 
10,545,011
Entertainment - 0.0%
 
 
 
EVT Ltd
 
63,569
571,281
Interactive Media & Services - 0.0%
 
 
 
CAR Group Ltd
 
207,957
3,797,064
REA Group Ltd
 
30,160
3,406,104
SEEK Ltd
 
194,555
2,007,358
 
 
 
9,210,526
Media - 0.0%
 
 
 
Nine Entertainment Co Holdings Ltd
 
859,064
577,571
TOTAL COMMUNICATION SERVICES
 
 
20,904,389
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.0%
 
 
 
Amotiv Ltd
 
92,634
457,155
ARB Corp Ltd
 
43,851
607,085
PWR Holdings Ltd (e)
 
62,059
432,589
 
 
 
1,496,829
Broadline Retail - 0.2%
 
 
 
Harvey Norman Holdings Ltd
 
331,118
1,140,404
Wesfarmers Ltd
 
660,670
41,381,292
 
 
 
42,521,696
Diversified Consumer Services - 0.0%
 
 
 
IDP Education Ltd (e)
 
153,689
247,980
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Aristocrat Leisure Ltd
 
317,312
14,261,610
Collins Foods Ltd
 
60,996
351,388
Corporate Travel Management Ltd (d)(g)
 
63,316
715,956
Domino's Pizza Enterprises Ltd (e)
 
39,384
512,580
Flight Centre Travel Group Ltd (e)
 
93,831
867,228
Guzman y Gomez Ltd (e)
 
35,700
622,061
Lottery Corp/The
 
1,319,806
5,170,984
Tabcorp Holdings Ltd
 
1,304,606
817,445
WEB Travel Group Ltd (d)
 
194,755
465,365
 
 
 
23,784,617
Household Durables - 0.0%
 
 
 
Breville Group Ltd (e)
 
66,516
1,529,212
Specialty Retail - 0.0%
 
 
 
Eagers Automotive Ltd
 
96,200
1,581,600
JB Hi-Fi Ltd
 
63,817
3,671,208
Lovisa Holdings Ltd
 
38,172
636,268
Nick Scali Ltd
 
57,465
637,433
Premier Investments Ltd
 
57,247
548,980
Super Retail Group Ltd
 
113,450
1,058,110
 
 
 
8,133,599
TOTAL CONSUMER DISCRETIONARY
 
 
77,713,933
Consumer Staples - 0.2%
 
 
 
Beverages - 0.0%
 
 
 
Treasury Wine Estates Ltd (e)
 
433,145
1,498,060
Consumer Staples Distribution & Retail - 0.2%
 
 
 
Coles Group Ltd
 
783,921
13,242,764
Endeavour Group Ltd/Australia (e)
 
892,971
2,179,497
Metcash Ltd
 
660,397
1,410,082
Woolworths Group Ltd
 
712,205
19,874,533
 
 
 
36,706,876
Food Products - 0.0%
 
 
 
Bega Cheese Ltd
 
190,552
813,298
Elders Ltd (e)
 
139,007
548,510
GrainCorp Ltd Class A
 
139,050
545,574
Inghams Group Ltd
 
217,220
343,248
 
 
 
2,250,630
TOTAL CONSUMER STAPLES
 
 
40,455,566
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Ampol Ltd
 
141,891
4,003,336
Beach Energy Ltd (e)
 
894,801
575,450
Deep Yellow Ltd (d)
 
569,857
526,386
New Hope Corp Ltd
 
293,576
1,075,173
Paladin Energy Ltd (d)
 
193,041
1,276,129
Paladin Energy Ltd (Canada) (d)(e)
 
68,335
445,541
Santos Ltd
 
1,899,509
10,549,398
Viva Energy Group Ltd (b)(c)
 
663,661
1,334,346
Whitehaven Coal Ltd
 
452,696
2,235,661
Woodside Energy Group Ltd
 
1,109,953
25,978,388
Yancoal Australia Ltd
 
231,477
912,092
TOTAL ENERGY
 
 
48,911,900
Financials - 1.5%
 
 
 
Banks - 1.1%
 
 
 
ANZ Group Holdings Ltd
 
1,756,581
45,908,388
Bank of Queensland Ltd
 
382,496
1,781,614
Bendigo & Adelaide Bank Ltd
 
342,565
2,754,008
Commonwealth Bank of Australia
 
976,587
122,078,091
Judo Capital Holdings Ltd (d)
 
583,126
396,272
National Australia Bank Ltd
 
1,789,214
51,808,413
Westpac Banking Corp
 
1,990,536
52,783,601
 
 
 
277,510,387
Capital Markets - 0.2%
 
 
 
ASX Ltd
 
115,348
4,449,402
HMC Capital Ltd (e)
 
163,195
329,603
HUB24 Ltd
 
45,042
2,682,061
L1 Group Ltd
 
419,236
303,139
MA Financial Group Ltd
 
68,883
275,531
Macquarie Group Ltd
 
210,021
37,282,686
Magellan Financial Group Ltd
 
97,544
652,869
Magellan Financial Group Ltd warrants 4/16/2027 (d)
 
4,999
41
Netwealth Group Ltd
 
73,370
1,107,478
Perpetual Ltd
 
75,035
996,818
Pinnacle Investment Management Group Ltd
 
101,316
1,130,769
 
 
 
49,210,397
Consumer Finance - 0.0%
 
 
 
Zip Co Ltd (d)
 
689,715
1,234,819
Financial Services - 0.0%
 
 
 
AMP Ltd
 
1,480,599
2,230,935
Challenger Ltd
 
311,691
2,141,924
Helia Group Ltd
 
162,816
572,676
Washington H Soul Pattinson & Co Ltd
 
196,510
6,377,702
 
 
 
11,323,237
Insurance - 0.2%
 
 
 
AUB Group Ltd
 
73,485
1,431,935
Generation Development Group Ltd
 
180,469
514,786
Insurance Australia Group Ltd
 
1,311,769
7,815,772
Medibank Pvt Ltd
 
1,591,268
5,767,936
nib holdings Ltd/Australia
 
299,401
1,575,457
QBE Insurance Group Ltd
 
874,619
15,170,061
Steadfast Group Ltd
 
612,378
2,188,486
Suncorp Group Ltd
 
633,016
8,517,074
 
 
 
42,981,507
TOTAL FINANCIALS
 
 
382,260,347
Health Care - 0.2%
 
 
 
Biotechnology - 0.1%
 
 
 
CSL Ltd
 
283,646
24,524,105
Mesoblast Ltd (d)(e)
 
489,428
702,355
Telix Pharmaceuticals Ltd (d)(e)
 
156,851
1,558,437
 
 
 
26,784,897
Health Care Equipment & Supplies - 0.0%
 
 
 
Ansell Ltd
 
84,171
1,933,052
Cochlear Ltd
 
38,767
3,249,006
Nanosonics Ltd (d)
 
196,908
434,609
 
 
 
5,616,667
Health Care Providers & Services - 0.1%
 
 
 
EBOS Group Ltd
 
111,969
1,451,645
Ramsay Health Care Ltd
 
108,322
3,366,407
Regis Healthcare Ltd
 
103,125
451,074
Sigma Healthcare Ltd
 
3,018,865
6,224,889
Sonic Healthcare Ltd
 
269,216
4,120,217
 
 
 
15,614,232
Health Care Technology - 0.0%
 
 
 
4DMedical Ltd (d)(e)
 
293,631
746,843
Pro Medicus Ltd
 
33,356
3,794,542
 
 
 
4,541,385
Pharmaceuticals - 0.0%
 
 
 
Clarity Pharmaceuticals Ltd (d)(e)
 
154,004
255,296
Neuren Pharmaceuticals Ltd (d)
 
65,478
825,347
 
 
 
1,080,643
TOTAL HEALTH CARE
 
 
53,637,824
Industrials - 0.3%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Austal Ltd (d)
 
170,604
430,260
DroneShield Ltd (c)(d)(e)
 
504,493
600,968
Electro Optic Systems Holdings Ltd (d)
 
91,300
429,302
 
 
 
1,460,530
Commercial Services & Supplies - 0.1%
 
 
 
Brambles Ltd
 
791,192
10,861,250
Cleanaway Waste Management Ltd
 
1,304,635
2,142,467
Downer EDI Ltd
 
389,837
2,120,869
 
 
 
15,124,586
Construction & Engineering - 0.0%
 
 
 
GenusPlus Group Ltd (c)
 
59,332
364,526
Monadelphous Group Ltd
 
56,219
1,151,032
NRW Holdings Ltd
 
259,673
1,272,126
Service Stream Ltd
 
408,533
698,274
SRG Global Ltd
 
321,281
756,017
Ventia Services Group Pty Ltd
 
440,874
1,798,024
Worley Ltd
 
274,531
2,037,688
 
 
 
8,077,687
Ground Transportation - 0.0%
 
 
 
Aurizon Holdings Ltd
 
994,951
2,925,914
Kelsian Group Ltd
 
117,882
366,778
 
 
 
3,292,692
Machinery - 0.0%
 
 
 
Silex Systems Ltd (d)
 
120,540
386,550
Passenger Airlines - 0.0%
 
 
 
Qantas Airways Ltd
 
423,478
2,946,991
Professional Services - 0.1%
 
 
 
ALS Ltd
 
302,152
4,560,452
Computershare Ltd
 
306,003
8,792,413
IPH Ltd
 
157,040
458,868
McMillan Shakespeare Ltd
 
40,031
548,923
SmartGroup Corp Ltd
 
77,278
695,897
 
 
 
15,056,553
Trading Companies & Distributors - 0.0%
 
 
 
Reece Ltd (e)
 
117,716
1,321,721
SGH Ltd
 
118,636
3,668,905
 
 
 
4,990,626
Transportation Infrastructure - 0.1%
 
 
 
Atlas Arteria Ltd unit
 
272,747
963,257
Qube Holdings Ltd
 
935,181
3,158,593
Transurban Group unit
 
1,797,888
18,670,635
 
 
 
22,792,485
TOTAL INDUSTRIALS
 
 
74,128,700
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Codan Ltd
 
61,391
1,724,279
Dicker Data Ltd
 
71,609
630,326
Elsight Ltd (d)
 
114,107
449,412
 
 
 
2,804,017
IT Services - 0.0%
 
 
 
Data#3 Ltd
 
89,826
616,239
Macquarie Technology Group Ltd (d)
 
8,325
352,982
Megaport Ltd (d)
 
137,651
1,759,396
NEXTDC Ltd (d)(e)
 
441,681
4,154,278
 
 
 
6,882,895
Software - 0.1%
 
 
 
Catapult Sports Ltd (d)(e)
 
148,245
349,428
Hansen Technologies Ltd
 
119,546
356,391
IRESS Ltd
 
119,520
572,828
SiteMinder Ltd (d)(e)
 
171,255
403,678
Technology One Ltd
 
177,045
3,861,463
WiseTech Global Ltd
 
113,130
2,915,918
 
 
 
8,459,706
TOTAL INFORMATION TECHNOLOGY
 
 
18,146,618
Materials - 1.5%
 
 
 
Chemicals - 0.0%
 
 
 
Alpha HPA Ltd (d)
 
682,676
234,341
Dyno Nobel Ltd
 
1,009,997
2,673,379
Nufarm Ltd (d)
 
194,429
408,756
Orica Ltd
 
267,664
4,372,460
 
 
 
7,688,936
Containers & Packaging - 0.0%
 
 
 
Orora Ltd
 
726,278
741,391
Metals & Mining - 1.5%
 
 
 
Alkane Resources Ltd (d)
 
666,514
621,453
Alurion Resources Ltd
 
48,483
30,427
Anglogold Ashanti Plc (South Africa)
 
295,089
22,315,468
Arafura Rare Earths Ltd (d)
 
2,738,947
344,733
AVZ Minerals Ltd (d)(g)
 
729,530
3
Bellevue Gold Ltd (d)
 
802,127
702,321
BHP Group Ltd
 
2,963,741
124,923,336
BlueScope Steel Ltd
 
252,995
5,802,761
Brazilian Rare Earths Ltd (d)
 
86,469
227,790
Capricorn Metals Ltd
 
231,542
2,052,493
Catalyst Metals Ltd (d)
 
149,467
564,151
Deterra Royalties Ltd
 
242,317
737,657
Develop Global Ltd (d)
 
149,278
507,095
Elevra Lithium Ltd (d)
 
99,910
522,722
Emerald Resources NL (d)
 
321,274
1,205,528
EQ Resources Ltd (d)
 
1,983,879
355,265
Evolution Mining Ltd
 
1,195,821
9,482,056
Firefinch Ltd (g)
 
66,763
0
FireFly Metals Ltd (d)
 
466,893
568,961
Fortescue Ltd
 
941,810
12,221,170
Genesis Minerals Ltd (d)(e)
 
615,763
2,466,741
Glencore PLC
 
5,470,121
40,289,348
Greatland Resources Ltd (d)
 
290,074
2,005,907
IGO Ltd (d)
 
389,034
1,872,351
Iluka Resources Ltd
 
243,142
1,028,095
Imdex Ltd
 
330,399
853,514
IperionX Ltd (d)
 
162,690
346,217
Kingsgate Consolidated Ltd
 
145,326
410,991
Lindian Resources Ltd (d)
 
789,116
429,340
Liontown Ltd (d)
 
1,181,404
799,086
Lynas Rare Earths Ltd (d)
 
524,639
5,149,211
Macmahon Holdings Ltd
 
710,517
460,537
Metals X Ltd (d)
 
521,836
577,040
Mineral Resources Ltd (d)
 
100,160
4,070,709
Minerals 260 Ltd (d)
 
1,128,483
464,432
Northern Star Resources Ltd
 
796,608
11,040,041
OceanaGold Corp
 
138,403
3,337,034
Ora Banda Mining Ltd (d)
 
761,976
606,980
Pantoro Gold Ltd (d)
 
221,482
317,480
Perenti Ltd
 
524,086
777,679
Perseus Mining Ltd
 
780,493
2,671,842
PLS Group Ltd (d)(e)
 
1,843,458
5,356,405
Predictive Discovery Ltd (d)
 
1,970,656
913,967
Ramelius Resources Ltd
 
1,101,749
2,369,459
Regis Resources Ltd
 
432,008
1,851,243
Resolute Mining Ltd (d)
 
1,225,551
801,870
Rio Tinto Ltd
 
216,207
25,767,929
Rio Tinto PLC
 
621,592
60,399,883
Sandfire Resources Ltd (d)
 
272,136
3,602,367
South32 Ltd
 
2,646,096
8,436,029
Stanmore Resources Ltd (e)
 
179,900
291,362
Sunrise Energy Metals Ltd (d)
 
51,319
517,574
Vault Minerals Ltd
 
570,070
1,910,546
Vulcan Energy Resources Ltd (d)
 
207,327
370,108
West African Resources Ltd (d)
 
640,200
1,275,865
Westgold Resources Ltd
 
551,852
1,839,524
 
 
 
378,864,096
TOTAL MATERIALS
 
 
387,294,423
Real Estate - 0.3%
 
 
 
Diversified REITs - 0.1%
 
 
 
Centuria Capital Group unit
 
543,200
557,141
Charter Hall Group unit
 
267,392
4,372,305
Charter Hall Long Wale REIT unit
 
436,512
1,167,075
GPT Group/The unit
 
1,129,279
4,067,529
Mirvac Group unit
 
2,402,177
3,012,745
Stockland unit
 
1,412,566
4,228,336
 
 
 
17,405,131
Industrial REITs - 0.1%
 
 
 
Centuria Industrial REIT
 
316,358
668,201
Goodman Group unit
 
1,160,104
24,152,130
 
 
 
24,820,331
Office REITs - 0.0%
 
 
 
Dexus unit
 
626,671
2,631,786
Real Estate Management & Development - 0.0%
 
 
 
Gemlife Communities Group unit
 
129,482
401,816
Lendlease Group unit
 
409,600
868,640
PEXA Group Ltd (d)
 
86,640
450,045
 
 
 
1,720,501
Residential REITs - 0.0%
 
 
 
Ingenia Communities Group unit
 
296,585
904,775
Retail REITs - 0.1%
 
 
 
BWP Property Group Ltd unit
 
328,054
895,162
Charter Hall Retail REIT
 
293,531
829,659
HomeCo Daily Needs REIT unit (c)
 
983,212
873,611
Region Group unit
 
643,380
1,075,637
Scentre Group unit
 
3,003,433
8,245,973
Vicinity Ltd unit
 
2,303,945
4,329,911
Waypoint REIT Ltd unit
 
381,871
667,604
 
 
 
16,917,557
Specialized REITs - 0.0%
 
 
 
Arena REIT unit
 
253,208
565,587
Charter Hall Social Infrastructure REIT
 
269,386
482,768
DigiCo Infrastructure REIT
 
239,102
425,660
Storage King Group unit (e)
 
255,024
230,717
 
 
 
1,704,732
TOTAL REAL ESTATE
 
 
66,104,813
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Origin Energy Ltd
 
1,011,281
7,629,531
Gas Utilities - 0.0%
 
 
 
Apa Group unit
 
768,793
5,499,493
Multi-Utilities - 0.0%
 
 
 
AGL Energy Ltd
 
349,287
2,032,442
TOTAL UTILITIES
 
 
15,161,466
TOTAL AUSTRALIA
 
 
1,184,719,979
AUSTRIA - 0.3%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
OMV AG
 
85,463
6,223,537
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
BAWAG Group AG (b)(c)
 
42,595
8,605,548
Erste Group Bank AG
 
179,035
23,288,036
Raiffeisen Bank International AG
 
76,843
5,263,523
 
 
 
37,157,107
Insurance - 0.1%
 
 
 
UNIQA Insurance Group AG
 
71,376
1,481,530
Vienna Insurance Group AG Wiener Versicherung Gruppe
 
19,849
1,622,821
 
 
 
3,104,351
TOTAL FINANCIALS
 
 
40,261,458
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
Oesterreichische Post AG (e)
 
19,492
731,633
Commercial Services & Supplies - 0.0%
 
 
 
DO & Co AG (e)
 
4,663
1,086,182
Construction & Engineering - 0.0%
 
 
 
Porr Ag
 
11,056
478,733
Machinery - 0.0%
 
 
 
ANDRITZ AG
 
37,873
3,546,268
Palfinger AG (e)
 
11,547
390,808
 
 
 
3,937,076
TOTAL INDUSTRIALS
 
 
6,233,624
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
AT&S Austria Technologie & Systemtechnik AG (d)
 
14,661
2,211,348
IT Services - 0.0%
 
 
 
Kontron AG (d)(e)
 
21,368
550,962
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
ams-OSRAM AG (d)
 
58,779
1,159,657
TOTAL INFORMATION TECHNOLOGY
 
 
3,921,967
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Lenzing AG (d)(e)
 
10,754
290,802
Construction Materials - 0.0%
 
 
 
Wienerberger AG
 
64,112
1,571,768
Containers & Packaging - 0.0%
 
 
 
Mayr Melnhof Karton AG (e)
 
6,311
604,763
Metals & Mining - 0.0%
 
 
 
voestalpine AG
 
61,592
3,194,696
Paper & Forest Products - 0.0%
 
 
 
Mondi PLC
 
254,839
3,064,344
TOTAL MATERIALS
 
 
8,726,373
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
CA Immobilien Anlagen AG (e)
 
19,200
534,693
CPI Europe AG (d)(e)
 
20,535
367,513
CPI Europe AG (d)(g)
 
23,102
0
S IMMO AG rights (d)(g)
 
14,648
0
TOTAL REAL ESTATE
 
 
902,206
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
EVN AG
 
22,352
755,214
Verbund AG Class A
 
38,922
2,672,777
TOTAL UTILITIES
 
 
3,427,991
TOTAL AUSTRIA
 
 
69,697,156
BAILIWICK OF JERSEY - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
JTC PLC (b)(c)
 
79,285
1,417,984
BELGIUM - 0.6%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Proximus SADP
 
94,160
697,631
Entertainment - 0.0%
 
 
 
Kinepolis Group NV (e)
 
9,833
459,226
TOTAL COMMUNICATION SERVICES
 
 
1,156,857
Consumer Discretionary - 0.0%
 
 
 
Distributors - 0.0%
 
 
 
D'ieteren Group
 
13,181
2,726,821
Consumer Staples - 0.3%
 
 
 
Beverages - 0.3%
 
 
 
Anheuser-Busch InBev SA/NV
 
521,053
45,255,531
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Colruyt Group N.V (e)
 
17,749
799,041
Food Products - 0.0%
 
 
 
Lotus Bakeries NV
 
237
3,044,524
TOTAL CONSUMER STAPLES
 
 
49,099,096
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
CMB Tech NV (Norway)
 
63,910
1,038,474
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
KBC Ancora
 
23,193
2,369,608
KBC Group NV
 
132,353
19,024,440
 
 
 
21,394,048
Capital Markets - 0.0%
 
 
 
Gimv NV (e)
 
15,022
773,455
Financial Services - 0.0%
 
 
 
Groupe Bruxelles Lambert NV
 
43,186
3,891,865
Sofina SA
 
9,261
2,624,977
 
 
 
6,516,842
Insurance - 0.0%
 
 
 
Ageas SA/NV
 
84,039
6,967,798
TOTAL FINANCIALS
 
 
35,652,143
Health Care - 0.1%
 
 
 
Biotechnology - 0.0%
 
 
 
Lakefront Biotherapeutics NV (d)
 
21,429
587,844
Health Care Providers & Services - 0.0%
 
 
 
Fagron
 
38,542
1,031,117
Pharmaceuticals - 0.1%
 
 
 
Financiere de Tubize SA
 
11,626
2,600,865
UCB SA
 
70,950
18,236,785
 
 
 
20,837,650
TOTAL HEALTH CARE
 
 
22,456,611
Industrials - 0.0%
 
 
 
Building Products - 0.0%
 
 
 
Recticel SA (e)
 
29,254
418,304
Construction & Engineering - 0.0%
 
 
 
Ackermans & van Haaren NV
 
12,719
3,948,334
Deme Group NV
 
3,999
761,811
 
 
 
4,710,145
Trading Companies & Distributors - 0.0%
 
 
 
Azelis Group NV
 
139,998
1,825,872
TOTAL INDUSTRIALS
 
 
6,954,321
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Barco NV
 
36,721
333,254
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Melexis NV
 
12,465
981,745
X-Fab Silicon Foundries SE (b)(c)(d)
 
29,717
222,229
 
 
 
1,203,974
TOTAL INFORMATION TECHNOLOGY
 
 
1,537,228
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Solvay SA Class A
 
46,982
1,438,949
Syensqo SA
 
41,402
3,669,028
Tessenderlo Group SA
 
12,071
297,185
Umicore SA
 
132,582
3,302,358
 
 
 
8,707,520
Metals & Mining - 0.0%
 
 
 
Bekaert SA
 
19,461
894,292
Viohalco SA (Greece)
 
23,352
476,093
 
 
 
1,370,385
TOTAL MATERIALS
 
 
10,077,905
Real Estate - 0.0%
 
 
 
Health Care REITs - 0.0%
 
 
 
Aedifica SA
 
53,812
4,359,245
Industrial REITs - 0.0%
 
 
 
Montea NV
 
12,831
1,006,132
Warehouses De Pauw CVA
 
111,907
2,880,297
 
 
 
3,886,429
Real Estate Management & Development - 0.0%
 
 
 
VGP NV
 
9,031
878,950
Residential REITs - 0.0%
 
 
 
Xior Student Housing NV (c)(e)
 
22,561
718,048
Retail REITs - 0.0%
 
 
 
Retail Estates NV
 
6,614
503,377
Specialized REITs - 0.0%
 
 
 
Shurgard Self Storage Ltd
 
22,473
656,939
TOTAL REAL ESTATE
 
 
11,002,988
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Elia Group SA/NV
 
25,518
3,669,432
TOTAL BELGIUM
 
 
145,371,876
BERMUDA - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Insurance - 0.0%
 
 
 
Conduit Holdings Ltd
 
85,579
498,842
BRAZIL - 1.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telefonica Brasil SA
 
415,580
2,675,079
Wireless Telecommunication Services - 0.0%
 
 
 
TIM SA/Brazil
 
484,000
1,855,167
TOTAL COMMUNICATION SERVICES
 
 
4,530,246
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Magazine Luiza SA
 
230,055
228,278
Diversified Consumer Services - 0.0%
 
 
 
Cogna Educacao SA
 
1,174,580
528,302
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Smartfit Escola de Ginastica e Danca SA
 
277,633
1,078,952
Household Durables - 0.0%
 
 
 
Cury Construtora e Incorporadora SA
 
98,491
584,633
Cyrela Brazil Realty SA Empreendimentos e Participacoes
 
202,039
851,735
Direcional Engenharia SA
 
227,196
508,700
MRV Engenharia e Participacoes SA (d)
 
243,000
227,222
 
 
 
2,172,290
Specialty Retail - 0.0%
 
 
 
C&A MODAS SA
 
147,400
274,494
Cosan SA (d)
 
1,217,202
977,287
Lojas Renner SA
 
602,922
1,617,577
Ultrapar Participacoes SA
 
424,876
2,770,120
Vibra Energia SA
 
627,741
4,464,272
 
 
 
10,103,750
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Azzas 2154 SA
 
87,415
283,155
Vivara Participacoes SA
 
82,427
360,658
 
 
 
643,813
TOTAL CONSUMER DISCRETIONARY
 
 
14,755,385
Consumer Staples - 0.1%
 
 
 
Beverages - 0.1%
 
 
 
Ambev SA
 
2,509,122
7,914,712
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Grupo Mateus SA
 
383,162
304,616
Raia Drogasil SA
 
806,035
2,938,466
Sendas Distribuidora S/A
 
795,051
1,333,149
 
 
 
4,576,231
Food Products - 0.0%
 
 
 
MBRF Global Foods Co SA
 
337,985
1,169,478
Sao Martinho S/A
 
99,037
283,680
SLC Agricola SA
 
148,316
391,479
 
 
 
1,844,637
Personal Care Products - 0.0%
 
 
 
Natura Cosmeticos SA (d)
 
551,592
911,857
TOTAL CONSUMER STAPLES
 
 
15,247,437
Energy - 0.2%
 
 
 
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Brava Energia
 
217,786
850,668
Karoon Energy Ltd
 
421,454
522,437
Petroleo Brasileiro SA - Petrobras
 
2,071,599
20,041,075
Petroleo Brasileiro SA - Petrobras (PN)
 
2,655,906
22,749,265
PRIO SA/Brazil (d)
 
480,385
5,766,534
TOTAL ENERGY
 
 
49,929,979
Financials - 0.5%
 
 
 
Banks - 0.4%
 
 
 
Banco Bradesco SA
 
1,334,021
4,208,002
Banco Bradesco SA (PN)
 
2,733,605
9,938,617
Banco do Brasil SA
 
995,366
4,192,234
Banco do Estado do Rio Grande do Sul SA Series B
 
144,210
399,987
Inter & Co Inc Class A
 
154,780
866,768
Itau Unibanco Holding SA
 
2,972,320
25,148,754
Itau Unibanco Holding SA
 
440,600
3,966,934
Itausa SA
 
3,450,338
9,406,640
NU Holdings Ltd/Cayman Islands Class A (d)
 
2,131,014
30,537,432
 
 
 
88,665,368
Capital Markets - 0.1%
 
 
 
B3 SA - Brasil Bolsa Balcao
 
2,983,130
9,256,904
Banco BTG Pactual SA unit
 
692,360
7,757,918
XP Inc Class A
 
232,324
3,963,447
 
 
 
20,978,269
Financial Services - 0.0%
 
 
 
Pagseguro Digital Ltd Class A
 
98,410
948,672
Pluxee NV (e)
 
58,498
956,540
StoneCo Ltd Class A
 
117,166
1,332,763
 
 
 
3,237,975
Insurance - 0.0%
 
 
 
BB Seguridade Participacoes SA
 
363,417
2,958,008
Caixa Seguridade Participacoes S/A
 
359,051
1,434,320
IRB-Brasil Resseguros SA
 
42,280
467,577
Porto Seguro SA
 
119,700
1,291,654
 
 
 
6,151,559
TOTAL FINANCIALS
 
 
119,033,171
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Bradsaude S A
 
170,277
534,766
Fleury SA
 
186,195
629,570
Hapvida Participacoes e Investimentos S/A (b)(c)(d)
 
176,156
391,986
Rede D'Or Sao Luiz SA (b)(c)
 
398,398
2,722,450
 
 
 
4,278,772
Pharmaceuticals - 0.0%
 
 
 
Hypera SA
 
213,209
894,619
TOTAL HEALTH CARE
 
 
5,173,391
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Embraer SA
 
393,041
6,737,093
Commercial Services & Supplies - 0.0%
 
 
 
GPS Participacoes e Empreendimentos SA (b)
 
319,171
737,931
Electrical Equipment - 0.1%
 
 
 
WEG SA
 
852,745
7,940,102
Ground Transportation - 0.0%
 
 
 
Localiza Rent a Car SA
 
494,613
3,669,727
Rumo SA
 
720,344
2,051,974
 
 
 
5,721,701
Machinery - 0.0%
 
 
 
Marcopolo SA
 
668,805
700,582
Transportation Infrastructure - 0.0%
 
 
 
EcoRodovias Infraestrutura e Logistica SA
 
203,100
277,656
Motiva Infraestrutura de Mobilidade SA
 
605,729
1,763,720
 
 
 
2,041,376
TOTAL INDUSTRIALS
 
 
23,878,785
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
TOTVS SA
 
313,294
1,919,633
Materials - 0.3%
 
 
 
Chemicals - 0.0%
 
 
 
Unipar Carbocloro SA Series B
 
41,520
517,571
Yara International ASA
 
92,474
4,358,548
 
 
 
4,876,119
Containers & Packaging - 0.0%
 
 
 
Klabin SA unit
 
476,986
1,717,249
Metals & Mining - 0.3%
 
 
 
Bradespar SA
 
155,782
676,090
Cia Siderurgica Nacional SA (d)
 
407,495
389,074
ERO Copper Corp (d)
 
58,973
1,583,439
Gerdau SA
 
744,064
3,666,634
Metalurgica Gerdau SA
 
536,767
1,156,307
Sigma Lithium Corp (United States) (d)
 
34,384
339,370
Usinas Siderurgicas de Minas Gerais S/A Usiminas Series A (d)
 
295,100
428,462
Vale SA
 
2,068,637
31,128,618
Wheaton Precious Metals Corp
 
266,481
28,985,287
 
 
 
68,353,281
Paper & Forest Products - 0.0%
 
 
 
Dexco SA
 
312,841
314,745
Suzano SA
 
347,150
2,966,678
 
 
 
3,281,423
TOTAL MATERIALS
 
 
78,228,072
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Allos SA
 
313,749
1,676,703
Iguatemi SA unit
 
149,542
732,495
JHSF Participacoes SA
 
227,700
496,802
Multiplan Empreendimentos Imobiliarios SA
 
238,882
1,325,617
TOTAL REAL ESTATE
 
 
4,231,617
Utilities - 0.2%
 
 
 
Electric Utilities - 0.2%
 
 
 
Alupar Investimento SA unit
 
112,303
722,670
Axia Energia SA
 
743,973
7,752,119
Axia Energia SA Series C
 
221,214
2,269,678
Cia Energetica de Minas Gerais
 
972,147
2,174,753
Cia Paranaense de Energia - Copel
 
1,141,553
3,339,659
CPFL Energia SA
 
122,971
1,119,297
Energisa S/A unit
 
172,780
1,697,754
Equatorial SA
 
632,982
4,827,453
Transmissora Alianca de Energia Eletrica S/A unit
 
112,955
883,737
 
 
 
24,787,120
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Auren Energia SA (d)
 
222,995
483,016
Eneva SA (d)
 
535,900
2,781,439
Engie Brasil Energia SA
 
211,011
1,240,470
 
 
 
4,504,925
Water Utilities - 0.0%
 
 
 
Cia de Saneamento Basico do Estado de Sao Paulo SABESP
 
1,383,316
7,559,030
Cia de Saneamento de Minas Gerais Copasa MG
 
141,222
1,787,719
Cia De Saneamento do Parana Sanepar unit
 
141,425
1,010,786
 
 
 
10,357,535
TOTAL UTILITIES
 
 
39,649,580
TOTAL BRAZIL
 
 
356,577,296
BURKINA FASO - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
IAMGOLD Corp (d)
 
328,968
4,655,794
CANADA - 7.7%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
BCE Inc
 
176,393
3,826,452
Cogeco Communications Inc Subordinate Voting Shares
 
8,284
349,241
Quebecor Inc Class B
 
86,864
4,019,594
TELUS Corp
 
289,560
2,763,714
 
 
 
10,959,001
Wireless Telecommunication Services - 0.0%
 
 
 
Rogers Communications Inc Class B
 
212,598
7,197,561
TOTAL COMMUNICATION SERVICES
 
 
18,156,562
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.0%
 
 
 
Linamar Corp
 
22,323
1,646,378
Magna International Inc
 
152,840
10,481,890
 
 
 
12,128,268
Broadline Retail - 0.2%
 
 
 
Canadian Tire Corp Ltd Class A
 
27,891
4,070,691
Dollarama Inc
 
159,205
21,688,040
 
 
 
25,758,731
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Mty Food Group Inc
 
14,070
343,758
Restaurant Brands International Inc
 
187,992
13,903,778
 
 
 
14,247,536
Leisure Products - 0.0%
 
 
 
Spin Master Corp Subordinate Voting Shares (b)(c)
 
25,184
369,716
Specialty Retail - 0.0%
 
 
 
Aritzia Inc Subordinate Voting Shares (d)
 
50,224
5,004,307
Groupe Dynamite Inc Subordinate Voting Shares
 
10,820
436,937
Pet Valu Holdings Ltd
 
47,442
664,327
 
 
 
6,105,571
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Canada Goose Holdings Inc Subordinate Voting Shares (d)
 
36,069
322,392
Gildan Activewear Inc
 
104,949
5,809,496
 
 
 
6,131,888
TOTAL CONSUMER DISCRETIONARY
 
 
64,741,710
Consumer Staples - 0.3%
 
 
 
Consumer Staples Distribution & Retail - 0.3%
 
 
 
Alimentation Couche-Tard Inc
 
401,749
26,082,090
Empire Co Ltd Class A
 
68,779
2,517,424
George Weston Ltd
 
88,471
6,612,053
Loblaw Cos Ltd
 
322,408
15,135,478
Metro Inc/CN
 
111,332
7,400,161
North West Co Inc/The
 
32,717
1,186,760
 
 
 
58,933,966
Food Products - 0.0%
 
 
 
Maple Leaf Foods Inc
 
48,871
997,047
Premium Brands Holdings Corp
 
29,772
1,968,943
Rogers Sugar Inc (e)
 
93,055
462,669
Saputo Inc
 
140,342
3,947,416
 
 
 
7,376,075
Personal Care Products - 0.0%
 
 
 
Jamieson Wellness Inc (b)(c)
 
35,257
1,039,966
TOTAL CONSUMER STAPLES
 
 
67,350,007
Energy - 1.4%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
AKITA Drilling Ltd (d)
 
73
184
CES Energy Solutions Corp
 
117,570
1,370,399
Enerflex Ltd
 
69,617
1,550,410
Pason Systems Inc
 
53,287
471,348
Precision Drilling Corp (d)
 
7,089
551,201
TerraVest Industries Inc
 
9,453
770,279
Trican Well Service Ltd
 
106,304
448,921
 
 
 
5,162,742
Oil, Gas & Consumable Fuels - 1.4%
 
 
 
Advantage Energy Ltd (d)
 
106,455
835,328
ARC Resources Ltd
 
327,515
7,833,633
Athabasca Oil Corp (d)
 
284,374
2,101,591
Baytex Energy Corp
 
371,825
1,694,876
Birchcliff Energy Ltd
 
169,243
771,454
Cameco Corp
 
254,900
21,997,933
Canadian Natural Resources Ltd
 
1,216,636
57,956,952
Cardinal Energy Ltd
 
95,691
785,679
Cenovus Energy Inc
 
771,491
23,262,777
Denison Mines Corp (d)
 
534,917
1,507,238
Enbridge Inc
 
1,270,463
69,130,734
Freehold Royalties Ltd (e)
 
81,140
990,917
Gibson Energy Inc
 
102,863
2,354,655
Headwater Exploration Inc
 
140,575
1,328,686
Imperial Oil Ltd
 
85,070
11,029,334
International Petroleum Corp (Canada) (d)
 
38,864
876,058
Kelt Exploration Ltd (d)
 
103,574
737,360
Keyera Corp
 
163,189
6,933,364
Meren Energy Inc
 
248,260
357,731
NexGen Energy Ltd (d)
 
376,937
3,447,111
Paramount Resources Ltd Class A
 
49,204
1,038,589
Pembina Pipeline Corp
 
339,108
16,579,850
Peyto Exploration & Development Corp
 
117,222
2,151,530
PrairieSky Royalty Ltd
 
136,423
3,373,960
Rockpoint Gas Storage Inc Class A
 
35,687
671,303
Secure Waste Infrastructure Corp
 
119,407
2,057,904
South Bow Corp
 
121,312
4,498,197
Spartan Delta Corp (d)
 
109,049
925,693
Strathcona Resources Ltd
 
34,457
1,045,127
Suncor Energy Inc
 
692,869
46,529,006
Tamarack Valley Energy Ltd
 
282,848
2,705,704
TC Energy Corp
 
606,147
40,817,689
Tenaz Energy Corp (d)
 
16,576
664,885
Topaz Energy Corp
 
75,301
1,700,094
Tourmaline Oil Corp
 
216,370
9,555,564
Vermilion Energy Inc
 
93,026
1,106,876
Whitecap Resources Inc
 
702,096
8,283,816
 
 
 
359,639,198
TOTAL ENERGY
 
 
364,801,940
Financials - 2.9%
 
 
 
Banks - 2.1%
 
 
 
Bank of Montreal
 
399,789
71,715,904
Bank of Nova Scotia/The
 
714,755
62,698,165
Canadian Imperial Bank of Commerce
 
534,334
63,288,381
EQB Inc
 
15,107
1,531,229
Laurentian Bank of Canada
 
24,335
699,228
National Bank of Canada
 
225,287
36,440,295
Royal Bank of Canada
 
813,033
170,169,428
Toronto Dominion Bank
 
962,566
115,382,952
 
 
 
521,925,582
Capital Markets - 0.2%
 
 
 
Brookfield Asset Management Ltd Class A
 
191,648
9,270,358
Brookfield Corp Class A
 
1,164,572
49,495,452
Canaccord Genuity Group Inc
 
57,724
592,949
IGM Financial Inc
 
48,152
2,993,850
Onex Corp Subordinate Voting Shares
 
32,942
2,522,377
Sprott Inc
 
12,948
1,330,776
TMX Group Ltd
 
164,568
6,015,240
 
 
 
72,221,002
Insurance - 0.6%
 
 
 
Brookfield Wealth Solutions Ltd Class A
 
14,146
612,218
Definity Financial Corp
 
59,001
3,368,299
Fairfax Financial Holdings Ltd Subordinate Voting Shares
 
11,025
18,462,638
Great-West Lifeco Inc
 
142,689
9,460,010
iA Financial Corp Inc
 
52,887
7,819,587
Intact Financial Corp
 
103,636
20,348,689
Manulife Financial Corp
 
975,594
43,328,803
Power Corp of Canada Subordinate Voting Shares
 
311,480
21,286,004
Sun Life Financial Inc
 
322,151
26,728,525
Trisura Group Ltd (d)
 
29,509
876,945
 
 
 
152,291,718
TOTAL FINANCIALS
 
 
746,438,302
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Extendicare Inc
 
49,463
1,251,880
Sienna Senior Living Inc
 
68,316
1,086,253
Well Health Technologies Corp (d)
 
121,681
350,673
 
 
 
2,688,806
Pharmaceuticals - 0.0%
 
 
 
Bausch Health Cos Inc (d)
 
160,812
1,107,995
Cronos Group Inc (d)
 
122,937
347,912
 
 
 
1,455,907
TOTAL HEALTH CARE
 
 
4,144,713
Industrials - 0.7%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Bombardier Inc Class B (d)
 
48,951
11,793,495
CAE Inc (d)
 
170,112
4,387,952
MDA Space Ltd (d)
 
87,780
2,657,476
 
 
 
18,838,923
Commercial Services & Supplies - 0.1%
 
 
 
BOYD GROUP SERVICES INC
 
16,859
1,742,724
Element Fleet Management Corp
 
232,443
5,216,433
RB Global Inc
 
108,995
11,954,968
 
 
 
18,914,125
Construction & Engineering - 0.1%
 
 
 
Aecon Group Inc
 
41,869
1,350,883
AtkinsRealis Group Inc
 
96,412
5,975,845
Badger Infrastructure Solutions Ltd
 
20,902
1,324,928
Bird Construction Inc
 
30,917
1,474,780
Stantec Inc
 
67,929
4,793,820
WSP Global Inc
 
79,066
9,659,831
 
 
 
24,580,087
Electrical Equipment - 0.0%
 
 
 
Ballard Power Systems Inc (d)
 
141,301
375,968
Hammond Power Solutions Inc Class A
 
5,077
907,910
 
 
 
1,283,878
Ground Transportation - 0.4%
 
 
 
Canadian National Railway Co
 
300,646
38,228,162
Canadian Pacific Kansas City Ltd
 
519,737
46,165,889
Mullen Group Ltd
 
61,644
1,210,586
TFI International Inc
 
46,236
6,246,486
 
 
 
91,851,123
Industrial Conglomerates - 0.0%
 
 
 
Brookfield Business Corp Class A
 
35,668
1,057,941
Machinery - 0.0%
 
 
 
ATS Corp (d)
 
51,022
1,392,154
NFI Group Inc (d)
 
60,297
1,084,774
Savaria Corp
 
42,054
873,569
 
 
 
3,350,497
Passenger Airlines - 0.0%
 
 
 
Air Canada (d)
 
88,237
1,596,870
Exchange Income Corp
 
16,107
1,442,547
 
 
 
3,039,417
Professional Services - 0.0%
 
 
 
Thomson Reuters Corp
 
76,033
7,458,757
Trading Companies & Distributors - 0.0%
 
 
 
ADENTRA Inc
 
17,557
434,839
Finning International Inc
 
76,068
5,040,994
Richelieu Hardware Ltd
 
35,705
903,163
Russel Metals Inc
 
33,974
1,630,054
Toromont Industries Ltd
 
48,036
7,225,703
 
 
 
15,234,753
Transportation Infrastructure - 0.0%
 
 
 
Westshore Terminals Investment Corp
 
21,336
610,317
TOTAL INDUSTRIALS
 
 
186,219,818
Information Technology - 0.6%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Celestica Inc (d)
 
67,250
22,252,921
IT Services - 0.4%
 
 
 
CGI Inc Class A
 
109,519
8,016,367
Shopify Inc Class A (d)
 
716,366
83,898,399
 
 
 
91,914,766
Software - 0.2%
 
 
 
Abaxx Technologies Inc (d)(e)
 
18,036
316,628
BlackBerry Ltd (d)
 
330,911
2,816,113
Constellation Software Inc/Canada
 
11,803
25,283,940
Constellation Software Inc/Canada warrants 3/31/2040 (d)(g)
 
7,284
0
Descartes Systems Group Inc/The (d)
 
51,433
3,862,657
Enghouse Systems Ltd
 
33,776
413,933
Kinaxis Inc (d)
 
16,943
2,030,477
Lightspeed Commerce Inc Subordinate Voting Shares (d)
 
93,227
940,350
Open Text Corp
 
143,409
3,635,736
 
 
 
39,299,834
TOTAL INFORMATION TECHNOLOGY
 
 
153,467,521
Materials - 1.0%
 
 
 
Chemicals - 0.1%
 
 
 
5N Plus Inc (d)
 
50,357
1,170,333
Methanex Corp
 
34,874
1,938,177
Nutrien Ltd
 
281,404
19,423,370
 
 
 
22,531,880
Containers & Packaging - 0.0%
 
 
 
Cascades Inc
 
63,444
609,616
CCL Industries Inc Class B
 
84,559
5,606,705
Winpak Ltd
 
18,300
573,992
 
 
 
6,790,313
Metals & Mining - 0.9%
 
 
 
AbraSilver Resource Corp (d)
 
77,683
752,531
Agnico Eagle Mines Ltd/CA
 
297,638
43,210,961
Alamos Gold Inc Class A
 
243,774
6,774,930
Allied Gold Corp (d)
 
63,379
1,150,167
Altius Minerals Corp
 
23,061
953,959
Americas Gold & Silver Corp (d)
 
159,022
604,621
Avino Silver & Gold Mines Ltd (d)
 
92,544
489,836
B2Gold Corp
 
735,926
2,756,081
Barrick Mining Corp
 
980,304
35,978,629
Capstone Copper Corp (d)
 
477,525
4,533,907
Centerra Gold Inc
 
116,047
1,995,030
Champion Iron Ltd
 
246,939
587,185
Collective Mining Ltd (d)
 
31,958
394,388
Discovery Mining Ltd (d)
 
374,135
2,335,258
DPM Metals Inc
 
124,097
4,362,450
Endeavour Silver Corp (d)
 
174,084
1,309,111
Equinox Gold Corp
 
447,876
4,012,785
First Majestic Silver Corp
 
279,741
4,204,508
Fortuna Mining Corp (d)
 
176,985
1,491,984
Franco-Nevada Corp
 
113,007
24,041,950
G Mining Ventures Corp (d)
 
116,569
3,553,157
G Mining Ventures Corp rights (d)(g)
 
47,743
46,503
GoGold Resources Inc (d)
 
271,489
561,628
Highlander Silver Corp (d)(e)
 
81,645
347,698
Hudbay Minerals Inc
 
251,027
5,696,165
i-80 Gold Corp (d)(e)
 
491,394
637,969
K92 Mining Inc (d)
 
142,120
2,284,099
Kinross Gold Corp
 
705,964
16,276,175
Labrador Iron Ore Royalty Corp
 
44,242
844,223
Lithium Americas Corp (d)(e)
 
196,847
564,951
Lundin Gold Inc
 
56,442
3,160,204
LunR Royalties Corp
 
35,418
468,669
Major Drilling Group International Inc (d)
 
56,148
557,535
Montage Gold Corp (d)
 
149,676
1,693,378
New Pacific Metals Corp (d)(e)
 
62,295
288,401
NGEx Minerals Ltd (d)
 
86,175
1,539,882
Northern Dynasty Minerals Ltd (d)(e)
 
297,338
415,724
Novagold Resources Inc (d)
 
199,145
1,159,199
OR Royalties Inc
 
107,893
3,206,350
Orezone Gold Corp (d)(e)
 
313,360
478,361
Orla Mining Ltd
 
182,083
1,628,791
Osisko Metals Inc (d)
 
347,319
393,935
Pan American Silver Corp
 
248,780
10,711,817
Rio2 Ltd (d)
 
329,713
611,516
Seabridge Gold Inc (d)(e)
 
54,911
1,417,253
Skeena Resources Ltd (d)
 
45,340
1,202,835
Snowline Gold Corp (d)
 
83,009
796,427
Solaris Resources Inc (d)
 
56,931
428,043
Southern Cross Gold Consolidated Ltd (d)
 
129,754
833,032
Ssr Mining Inc (d)
 
128,816
3,300,266
Talon Metals Corp (d)(e)
 
71,110
255,150
Teck Resources Ltd Class B
 
269,122
16,195,122
Torex Gold Resources Inc
 
54,139
2,083,532
Trekor Metals Ltd (d)
 
209,761
1,415,515
Triple Flag Precious Metals Corp
 
40,369
1,159,653
Valor Gold Corp (e)
 
25,275
59,858
Vizsla Silver Corp (d)
 
187,193
584,874
Wesdome Gold Mines Ltd (d)
 
86,787
1,610,251
 
 
 
230,408,412
Paper & Forest Products - 0.0%
 
 
 
Canfor Corp (d)
 
35,806
383,385
Resolute Forest Products Inc rights (d)(g)
 
19,734
0
Stella-Jones Inc
 
28,823
1,590,164
West Fraser Timber Co Ltd
 
32,791
2,123,456
 
 
 
4,097,005
TOTAL MATERIALS
 
 
263,827,610
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.0%
 
 
 
H&R Real Estate Investment Trust unit
 
83,980
660,170
Industrial REITs - 0.0%
 
 
 
Dream Industrial Real Estate Investment Trust
 
86,843
891,444
Granite Real Estate Investment Trust
 
18,437
1,265,345
 
 
 
2,156,789
Office REITs - 0.0%
 
 
 
Allied Properties Real Estate Investment Trust
 
54,980
385,136
Real Estate Management & Development - 0.1%
 
 
 
Altus Group Ltd/Canada
 
25,920
865,695
Colliers International Group Inc Subordinate Voting Shares
 
23,249
2,286,009
FirstService Corp Subordinate Voting Shares
 
24,379
3,434,120
StorageVault Canada Inc
 
210,950
722,303
 
 
 
7,308,127
Residential REITs - 0.0%
 
 
 
Boardwalk Real Estate Investment Trust
 
14,589
689,461
Canadian Apartment Properties REIT
 
45,362
1,121,552
Killam Apartment Real Estate Investment Trust
 
42,207
559,709
 
 
 
2,370,722
Retail REITs - 0.0%
 
 
 
Choice Properties Real Estate Investment Trust (e)
 
94,109
1,071,427
Crombie Real Estate Investment Trust
 
56,856
708,545
CT Real Estate Investment Trust
 
46,063
612,487
First Capital Real Estate Investment Trust unit
 
55,378
905,816
Primaris Real Estate Investment Trust
 
35,976
587,944
RioCan Real Estate Investment Trust
 
81,470
1,289,014
SmartCentres Real Estate Investment Trust
 
36,772
775,128
 
 
 
5,950,361
TOTAL REAL ESTATE
 
 
18,831,305
Utilities - 0.3%
 
 
 
Electric Utilities - 0.2%
 
 
 
Emera Inc
 
173,408
9,266,322
Fortis Inc/Canada
 
291,431
16,589,645
Hydro One Ltd (b)(c)
 
187,242
7,800,358
 
 
 
33,656,325
Gas Utilities - 0.0%
 
 
 
AltaGas Ltd
 
181,596
7,225,755
Brookfield Infrastructure Corp
 
72,949
3,083,752
Superior Plus Corp
 
127,979
728,518
 
 
 
11,038,025
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Boralex Inc Class A
 
52,965
1,400,964
Brookfield Renewable Corp Class A
 
82,773
2,762,151
Capital Power Corp
 
91,507
4,299,723
Northland Power Inc
 
153,897
2,395,429
TransAlta Corp
 
157,108
1,967,983
 
 
 
12,826,250
Multi-Utilities - 0.0%
 
 
 
Algonquin Power & Utilities Corp
 
412,551
2,413,181
Atco Ltd/Canada Class I
 
43,863
2,497,204
Canadian Utilities Ltd Class A
 
73,124
2,906,495
 
 
 
7,816,880
TOTAL UTILITIES
 
 
65,337,480
TOTAL CANADA
 
 
1,953,316,968
CHILE - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Empresa Nacional de Telecomunicaciones SA
 
83,172
324,726
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Falabella SA
 
399,670
2,672,061
Specialty Retail - 0.0%
 
 
 
Empresas Copec SA
 
236,831
1,617,507
TOTAL CONSUMER DISCRETIONARY
 
 
4,289,568
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Cia Cervecerias Unidas SA
 
87,575
507,224
Embotelladora Andina SA Class B
 
217,332
1,082,277
Vina Concha y Toro SA
 
430,058
390,394
 
 
 
1,979,895
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Cencosud SA
 
738,052
1,551,834
SMU SA
 
2,524,971
346,123
 
 
 
1,897,957
TOTAL CONSUMER STAPLES
 
 
3,877,852
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Banco de Chile
 
26,694,268
5,561,653
Banco de Credito e Inversiones SA
 
44,449
3,198,320
Banco Santander Chile
 
38,131,825
3,321,642
 
 
 
12,081,615
Financial Services - 0.0%
 
 
 
Inversiones La Construccion SA
 
19,094
445,646
TOTAL FINANCIALS
 
 
12,527,261
Industrials - 0.0%
 
 
 
Marine Transportation - 0.0%
 
 
 
Cia Sud Americana DE Vapores SA
 
9,727,070
502,177
Passenger Airlines - 0.0%
 
 
 
Latam Airlines Group SA
 
201,641,561
5,365,542
TOTAL INDUSTRIALS
 
 
5,867,719
Materials - 0.2%
 
 
 
Chemicals - 0.0%
 
 
 
Sociedad Quimica y Minera de Chile SA Class B
 
84,178
5,676,752
Metals & Mining - 0.2%
 
 
 
Antofagasta PLC
 
202,202
9,960,524
Lundin Mining Corp
 
402,399
9,963,455
 
 
 
19,923,979
Paper & Forest Products - 0.0%
 
 
 
Empresas Cmpc SA
 
643,394
730,068
TOTAL MATERIALS
 
 
26,330,799
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Parque Arauco SA
 
452,208
1,917,780
Plaza SA
 
437,219
1,772,812
TOTAL REAL ESTATE
 
 
3,690,592
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Enel Chile SA
 
13,798,969
1,216,862
Engie Energia Chile SA
 
294,021
582,508
 
 
 
1,799,370
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Colbun SA
 
5,043,222
753,920
Water Utilities - 0.0%
 
 
 
Aguas Andinas SA Class A
 
1,678,345
612,851
TOTAL UTILITIES
 
 
3,166,141
TOTAL CHILE
 
 
60,074,658
CHINA - 6.4%
 
 
 
Communication Services - 1.2%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
China Tower Corp Ltd H Shares (b)(c)
 
2,561,161
3,275,585
CITIC Telecom International Holdings Ltd
 
1,305,702
462,849
 
 
 
3,738,434
Entertainment - 0.1%
 
 
 
China Ruyi Holdings Ltd (d)(e)
 
7,288,452
1,338,286
Giant Network Group Co Ltd A Shares (China)
 
75,800
329,304
Kingsoft Corp Ltd
 
585,090
1,996,456
NetEase Cloud Music Inc (b)(c)(d)(e)
 
56,276
914,205
Netease Inc
 
1,028,672
27,369,071
Tencent Music Entertainment Group Class A ADR
 
332,192
3,139,214
XD Inc (c)(d)(e)
 
177,832
1,078,003
Zhejiang Century Huatong Group Co Ltd A Shares (China)
 
252,000
505,199
 
 
 
36,669,738
Interactive Media & Services - 1.1%
 
 
 
Autohome Inc Class A ADR (e)
 
45,906
1,065,937
Baidu Inc A Shares (d)
 
1,226,124
16,985,009
Bilibili Inc Z Shares (d)
 
147,201
2,802,060
Hello Group Inc Class A ADR
 
104,196
624,134
JOYY Inc Class A ADR
 
17,112
1,258,930
Kuaishou Technology B Shares (b)(c)
 
1,673,894
9,327,396
Kunlun Tech Co Ltd A Shares (China) (d)
 
42,200
269,307
Meitu Inc (b)(c)(e)
 
1,998,159
1,202,605
Newborn Town Inc (c)(d)(e)
 
394,000
409,453
Tencent Holdings Ltd
 
3,597,210
219,800,272
Weibo Corp A Shares
 
60,901
493,193
 
 
 
254,238,296
Media - 0.0%
 
 
 
Bluefocus Intelligent Communications Group Co Ltd A Shares (China)
 
121,300
257,712
China Literature Ltd (b)(c)(d)(e)
 
243,088
626,753
Focus Media Information Technology Co Ltd A Shares (China)
 
512,545
426,718
Mobvista Inc (b)(c)(d)
 
343,000
487,663
 
 
 
1,798,846
Wireless Telecommunication Services - 0.0%
 
 
 
China United Network Communications Ltd A Shares (China)
 
1,049,358
692,755
TOTAL COMMUNICATION SERVICES
 
 
297,138,069
Consumer Discretionary - 1.8%
 
 
 
Automobile Components - 0.0%
 
 
 
Fuyao Glass Industry Group Co Ltd H Shares (b)(c)
 
428,582
3,246,171
Hesai Group B Shares (e)
 
537,440
1,135,875
Huayu Automotive Systems Co Ltd A Shares (China)
 
136,477
340,550
Huizhou Desay Sv Automotive Co Ltd A Shares (China)
 
23,532
321,760
Minth Group Ltd
 
425,499
1,500,727
Nexteer Automotive Group Ltd
 
708,137
379,243
Ningbo Tuopu Group Co Ltd A Shares (China)
 
59,547
410,699
Sailun Group Co Ltd A Shares (China)
 
137,921
289,206
Tianneng Power International Ltd
 
478,446
308,698
Wanxiang Qianchao Co Ltd A Shares (China)
 
114,000
189,236
WeRide Inc A Shares (e)
 
157,100
305,717
 
 
 
8,427,882
Automobiles - 0.3%
 
 
 
Anhui Jianghuai Automobile Group Corp Ltd A Shares (China) (d)
 
80,400
312,724
Brilliance China Automotive Holdings Ltd
 
1,877,117
490,678
BYD Co Ltd A Shares (China)
 
194,860
2,763,249
BYD Co Ltd H Shares
 
2,144,438
25,636,414
Chongqing Changan Automobile Co Ltd A Shares (China)
 
334,403
389,864
Geely Automobile Holdings Ltd
 
3,824,573
9,656,042
Great Wall Motor Co Ltd A Shares (China)
 
189,781
472,409
Great Wall Motor Co Ltd H Shares
 
1,039,402
1,203,429
Li Auto Inc A Shares (d)(e)
 
732,062
4,985,815
NIO Inc A Shares (d)
 
1,034,297
5,075,131
SAIC Motor Corp Ltd A Shares (China)
 
268,457
450,047
Seres Group Co Ltd A Shares (China)
 
58,383
538,766
VOYAH Automobile Technology Co Ltd H Shares
 
578,970
213,356
XPeng Inc A Shares (d)
 
734,395
4,763,506
Yadea Group Holdings Ltd (b)(c)
 
764,197
1,045,577
Zhejiang Leapmotor Technology Co Ltd H Shares (b)(c)(d)
 
301,662
1,537,082
 
 
 
59,534,089
Broadline Retail - 1.0%
 
 
 
Alibaba Group Holding Ltd
 
9,780,046
148,983,386
JD.com Inc A Shares
 
1,340,835
22,056,701
MINISO Group Holding Ltd A Shares
 
297,316
970,782
PDD Holdings Inc Class A ADR (d)
 
332,127
29,413,167
Prosus NV Class N
 
764,495
35,528,231
Vipshop Holdings Ltd Class A ADR
 
167,226
2,565,247
 
 
 
239,517,514
Distributors - 0.0%
 
 
 
China Tobacco International HK Co Ltd (c)(e)
 
142,940
440,354
Zhejiang China Commodities City Group Co Ltd A Shares (China)
 
202,500
384,069
 
 
 
824,423
Diversified Consumer Services - 0.0%
 
 
 
Fu Shou Yuan International Group Ltd (e)(g)
 
1,063,618
358,047
New Oriental Education & Technology Group Inc
 
754,416
4,424,126
TAL Education Group Class A ADR (d)
 
204,568
2,557,100
 
 
 
7,339,273
Hotels, Restaurants & Leisure - 0.4%
 
 
 
Atour Lifestyle Holdings Ltd ADR
 
34,545
1,185,930
DPC Dash Ltd (d)(e)
 
53,700
272,252
H World Group Ltd ADR
 
109,089
4,657,009
Haidilao International Holding Ltd (b)(c)(e)
 
989,995
1,500,949
Meituan B Shares (b)(c)(d)
 
2,947,015
34,793,871
Tongcheng Travel Holdings Ltd (c)
 
755,501
1,375,670
TravelSky Technology Ltd H Shares
 
626,093
689,769
Trip.com Group Ltd (d)
 
344,534
16,141,590
Yum China Holdings Inc (Hong Kong)
 
193,733
9,209,383
 
 
 
69,826,423
Household Durables - 0.0%
 
 
 
Gree Electric Appliances Inc of Zhuhai A Shares (China)
 
89,149
558,508
Haier Smart Home Co Ltd A Shares (China)
 
403,248
1,383,548
Haier Smart Home Co Ltd H Shares
 
1,075,527
3,100,568
Midea Group Co Ltd A Shares (China)
 
178,929
2,321,092
Midea Group Co Ltd H Shares (e)
 
178,200
2,257,755
Sichuan Changhong Electric Co Ltd A Shares (China) (d)
 
219,500
225,484
TCL Electronics Holdings Ltd
 
593,864
1,224,470
 
 
 
11,071,425
Specialty Retail - 0.0%
 
 
 
China Tourism Group Duty Free Corp Ltd A Shares (China)
 
65,450
563,066
Chow Tai Fook Jewellery Group Ltd (e)
 
1,060,267
1,672,384
Pop Mart International Group Ltd (b)(c)(e)
 
295,777
6,132,478
Topsports International Holdings Ltd (b)(c)
 
1,262,869
219,002
Zhongsheng Group Holdings Ltd (d)
 
513,998
296,900
 
 
 
8,883,830
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
361 Degrees International Ltd
 
665,580
396,340
ANTA Sports Products Ltd
 
738,539
7,434,925
Bosideng International Holdings Ltd
 
2,773,147
1,746,831
Laopu Gold Co Ltd H Shares (e)
 
24,600
1,018,831
Li Ning Co Ltd
 
1,364,084
2,635,146
Shenzhou International Group Holdings Ltd
 
503,771
2,863,678
Xtep International Holdings Ltd
 
995,451
479,803
 
 
 
16,575,554
TOTAL CONSUMER DISCRETIONARY
 
 
422,000,413
Consumer Staples - 0.2%
 
 
 
Beverages - 0.1%
 
 
 
Anhui Gujing Distillery Co Ltd B Shares
 
60,937
492,733
China Resources Beer Holdings Co Ltd
 
982,895
2,965,573
Eastroc Beverage Group Co Ltd A Shares (China)
 
23,996
482,882
Jiangsu Yanghe Distillery Co Ltd A Shares (China)
 
56,992
361,946
Kweichow Moutai Co Ltd A Shares (China)
 
45,062
9,004,992
Luzhou Laojiao Co Ltd A Shares (China)
 
48,957
658,759
Nongfu Spring Co Ltd H Shares (b)(c)
 
1,028,920
5,743,920
Shanxi Xinghuacun Fen Wine Factory Co Ltd A Shares (China)
 
40,015
753,182
Tsingtao Brewery Co Ltd H Shares
 
379,528
2,255,178
Wuliangye Yibin Co Ltd A Shares (China)
 
161,931
1,869,590
 
 
 
24,588,755
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Alibaba Health Information Technology Ltd (d)
 
3,187,800
1,459,273
East Buy Holding Ltd (b)(c)(d)(e)
 
260,383
711,850
JD Health International Inc (b)(c)(d)
 
630,529
3,167,760
Ping An Healthcare and Technology Co Ltd (b)(c)(d)(e)
 
583,152
581,486
 
 
 
5,920,369
Food Products - 0.1%
 
 
 
Angel Yeast Co Ltd A Shares (China)
 
48,600
301,848
China Feihe Ltd (b)(c)
 
2,289,704
960,564
China Mengniu Dairy Co Ltd
 
1,720,390
4,146,100
China Youran Dairy Group Ltd (b)(c)(d)(e)
 
761,000
414,346
COFCO Joycome Foods Ltd (c)(d)(e)
 
2,437,434
348,098
Foshan Haitian Flavouring & Food Co Ltd A Shares (China)
 
231,581
1,316,525
Guangdong Haid Group Co Ltd A Shares (China)
 
70,122
513,856
Henan Shuanghui Investment & Development Co Ltd A Shares (China)
 
130,711
503,024
Inner Mongolia Yili Industrial Group Co Ltd A Shares (China)
 
211,701
848,948
Muyuan Foods Group Co Ltd A Shares (China)
 
178,016
1,025,878
Tingyi Cayman Islands Holding Corp
 
1,140,143
1,730,045
Want Want China Holdings Ltd
 
2,733,694
1,178,196
Wens Foodstuff Group Co Ltd A Shares (China)
 
241,089
498,626
Wilmar International Ltd
 
972,777
2,974,851
Yihai International Holding Ltd
 
422,474
837,686
 
 
 
17,598,591
Personal Care Products - 0.0%
 
 
 
Giant Biogene Holding Co ltd (b)(c)(e)
 
258,661
1,015,198
Hengan International Group Co Ltd
 
396,554
1,251,999
 
 
 
2,267,197
Tobacco - 0.0%
 
 
 
RLX Technology Inc ADR
 
215,893
436,104
Smoore International Holdings Ltd (b)(c)(e)
 
1,111,794
1,304,257
 
 
 
1,740,361
TOTAL CONSUMER STAPLES
 
 
52,115,273
Energy - 0.2%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
China Oilfield Services Ltd H Shares
 
1,046,652
944,902
Yantai Jereh Oilfield Services Group Co Ltd A Shares (China)
 
33,100
659,990
 
 
 
1,604,892
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Cgn Mining Co Ltd (e)
 
1,867,041
576,130
China Coal Energy Co Ltd H Shares
 
1,075,363
1,468,573
China Merchants Energy Shipping Co Ltd A Shares (China)
 
290,411
719,395
China Petroleum & Chemical Corp A Shares (China)
 
1,696,310
1,324,319
China Petroleum & Chemical Corp H Shares
 
12,096,351
6,832,964
China Shenhua Energy Co Ltd A Shares (China)
 
455,683
3,080,176
China Shenhua Energy Co Ltd H Shares
 
1,653,043
9,160,620
COSCO SHIPPING Energy Transportation Co Ltd A Shares (China)
 
661,377
1,648,464
Inner Mongolia Dian Tou Energy Corp Ltd A Shares (China)
 
109,500
437,432
Inner Mongolia Yitai Coal Co Ltd B Shares
 
552,416
1,591,518
Kinetic Development Group Ltd
 
1,416,000
305,141
PetroChina Co Ltd A Shares (China)
 
337,600
555,499
PetroChina Co Ltd H Shares
 
12,909,426
16,362,300
Shaanxi Coal Industry Co Ltd A Shares (China)
 
413,126
1,515,493
Sinopec Kantons Holdings Ltd (e)
 
572,678
271,647
Yankuang Energy Group Co Ltd H Shares
 
2,332,664
3,527,669
 
 
 
49,377,340
TOTAL ENERGY
 
 
50,982,232
Financials - 1.2%
 
 
 
Banks - 0.8%
 
 
 
Agricultural Bank of China Ltd A Shares (China)
 
3,167,369
3,236,897
Agricultural Bank of China Ltd H Shares
 
15,406,297
12,395,916
Bank of Beijing Co Ltd A Shares (China)
 
664,586
509,223
Bank of Changsha Co Ltd A Shares (China)
 
238,600
336,894
Bank of Chengdu Co Ltd A Shares (China)
 
164,556
446,860
Bank of China Ltd A Shares (China)
 
3,986,380
3,577,761
Bank of China Ltd H Shares
 
35,568,565
24,990,155
Bank of Communications Co Ltd A Shares (China)
 
1,610,829
1,712,185
Bank of Communications Co Ltd H Shares
 
4,809,020
4,635,850
Bank of Hangzhou Co Ltd A Shares (China)
 
253,284
617,361
Bank of Jiangsu Co Ltd A Shares (China)
 
609,109
1,066,951
Bank of Nanjing Co Ltd A Shares (China)
 
403,942
689,581
Bank of Ningbo Co Ltd A Shares (China)
 
219,871
1,038,199
Bank of Shanghai Co Ltd A Shares (China)
 
505,437
707,357
Bank of Suzhou Co Ltd A Shares (China)
 
260,600
327,941
BOC Hong Kong Holdings Ltd
 
2,153,785
14,335,864
China CITIC Bank Corp Ltd A Shares (China)
 
441,100
506,326
China CITIC Bank Corp Ltd H Shares
 
4,520,533
4,455,743
China Construction Bank Corp A Shares (China)
 
3,778,686
6,071,246
China Construction Bank Corp H Shares
 
44,544,821
52,270,048
China Everbright Bank Co Ltd A Shares (China)
 
2,256,470
1,059,791
China Merchants Bank Co Ltd A Shares (China)
 
583,906
3,425,650
China Merchants Bank Co Ltd H Shares
 
2,307,642
14,977,428
China Minsheng Banking Corp Ltd A Shares (China)
 
1,439,748
771,922
China Minsheng Banking Corp Ltd H Shares
 
3,441,458
1,592,943
China Zheshang Bank Co Ltd A Shares (China)
 
903,581
405,394
Chongqing Rural Commercial Bank Co Ltd A Shares (China)
 
1,278,412
1,279,316
CNPC Capital Co Ltd A Shares (China)
 
366,317
389,988
Huaxia Bank Co Ltd A Shares (China)
 
457,271
467,835
Industrial & Commercial Bank of China Ltd A Shares (China)
 
4,516,453
5,343,965
Industrial & Commercial Bank of China Ltd H Shares
 
35,206,776
33,714,538
Industrial Bank Co Ltd A Shares (China)
 
1,019,760
2,853,377
Ping An Bank Co Ltd A Shares (China)
 
626,731
1,079,456
Postal Savings Bank of China Co Ltd A Shares (China)
 
503,800
383,066
Postal Savings Bank of China Co Ltd H Shares (b)(c)
 
5,520,705
3,576,097
Shanghai Pudong Development Bank Co Ltd A Shares (China)
 
1,476,012
2,077,665
Shanghai Rural Commercial Bank Co Ltd A Shares (China)
 
339,973
432,516
 
 
 
207,759,305
Capital Markets - 0.1%
 
 
 
Beijing Compass Technology Development Co Ltd A Shares (China)
 
23,300
284,434
Caitong Securities Co Ltd A Shares (China)
 
365,000
452,677
Central China Securities Co Ltd H Shares (c)(e)
 
1,332,000
293,834
China Everbright Ltd (e)
 
550,326
409,811
China Galaxy Securities Co Ltd H Shares
 
2,692,813
2,613,015
China International Capital Corp Ltd H Shares (b)(c)
 
1,270,841
3,500,225
China Merchants Securities Co Ltd A Shares (China)
 
291,139
757,827
CITIC Securities Co Ltd H Shares
 
1,441,091
5,020,225
CSC Financial Co Ltd A Shares (China)
 
164,068
626,388
Dongxing Securities Co Ltd A Shares (China)
 
193,100
395,275
East Money Information Co Ltd A Shares (China)
 
520,468
1,553,199
Everbright Securities Co Ltd A Shares (China)
 
159,758
350,094
Founder Securities Co Ltd A Shares (China)
 
426,150
448,146
GF Securities Co Ltd H Shares
 
966,828
2,105,659
Guosen Securities Co Ltd A Shares (China)
 
270,848
413,532
Guotai Haitong Securities Co Ltd A Shares (China)
 
585,464
1,589,886
Guotai Haitong Securities Co Ltd H Shares (b)(c)
 
1,320,601
2,514,100
Guoyuan Securities Co Ltd A Shares (China)
 
302,800
329,151
Hithink RoyalFlush Information Network Co Ltd A Shares (China)
 
24,960
868,533
Huatai Securities Co Ltd H Shares (b)(c)
 
1,221,337
2,630,366
Industrial Securities Co Ltd A Shares (China)
 
427,885
382,860
JF SmartInvest Holdings Ltd (e)
 
67,100
255,997
Noah Holdings Ltd Class A ADR
 
35,299
298,277
Orient Securities Co Ltd/China A Shares (China)
 
332,521
452,421
OSL Group Ltd (d)(e)
 
378,000
566,826
SDIC Capital Co Ltd A Shares (China)
 
383,106
370,006
Shenwan Hongyuan Group Co Ltd A Shares (China)
 
975,113
677,048
Up Fintech Holding Ltd ADR (d)
 
60,807
297,954
Zheshang Securities Co Ltd A Shares (China)
 
256,778
363,422
Zhongtai Securities Co Ltd A Shares (China)
 
384,225
321,055
 
 
 
31,142,243
Consumer Finance - 0.0%
 
 
 
Qfin Holdings Inc Class A ADR
 
58,819
816,408
Financial Services - 0.0%
 
 
 
Far East Horizon Ltd
 
1,477,866
1,296,506
SY Holdings Group Ltd (c)(e)
 
333,500
304,055
 
 
 
1,600,561
Insurance - 0.3%
 
 
 
China Life Insurance Co Ltd H Shares
 
4,471,131
16,647,586
China Pacific Insurance Group Co Ltd H Shares
 
1,850,853
7,212,342
China Taiping Insurance Holdings Co Ltd
 
848,694
2,382,974
New China Life Insurance Co Ltd H Shares
 
667,793
4,117,932
People's Insurance Co Group of China Ltd/The H Shares
 
5,659,038
3,939,910
PICC Property & Casualty Co Ltd H Shares
 
4,032,167
8,432,054
Ping An Insurance Group Co of China Ltd A Shares (China)
 
546,566
4,437,284
Ping An Insurance Group Co of China Ltd H Shares
 
3,622,547
27,063,230
ZhongAn Online P&C Insurance Co Ltd H Shares (b)(c)(d)
 
654,336
925,301
 
 
 
75,158,613
TOTAL FINANCIALS
 
 
316,477,130
Health Care - 0.3%
 
 
 
Biotechnology - 0.1%
 
 
 
3SBio Inc (b)(c)
 
1,159,473
2,471,997
Abbisko Cayman Ltd (d)
 
314,000
403,991
Akeso Inc (b)(c)(d)(e)
 
383,792
4,597,733
Alphamab Oncology (b)(c)(d)
 
316,000
300,994
Ascentage Pharma Group International (b)(c)(d)(e)
 
162,978
702,420
Ascletis Pharma Inc (b)(c)(d)(e)
 
216,000
229,980
CARsgen Therapeutics Holdings Ltd (b)(c)(d)(e)
 
225,500
385,591
CStone Pharmaceuticals (b)(c)(d)
 
619,500
341,253
Duality Biotherapeutics Inc (d)(e)
 
19,100
442,770
Everest Medicines Ltd (b)(c)(d)(e)
 
154,019
496,874
HBM Holdings Ltd (b)(c)(d)
 
382,000
593,283
InnoCare Pharma Ltd H Shares (b)(c)(d)
 
654,000
1,137,478
Innovent Biologics Inc (b)(c)(d)
 
844,497
9,336,159
Keymed Biosciences Inc (b)(c)(d)
 
121,184
1,129,571
Lepu Biopharma Co Ltd H Shares (b)(c)(d)(e)
 
666,000
363,470
Remegen Co Ltd H Shares (b)(c)(d)(e)
 
133,500
1,391,618
Shanghai RAAS Blood Products Co Ltd A Shares (China)
 
532,001
408,112
Sichuan Kelun-Biotech Biopharmaceutical Co Ltd H Shares (d)(e)
 
34,100
2,103,639
Zai Lab Ltd (d)(e)
 
662,927
1,207,974
 
 
 
28,044,907
Health Care Equipment & Supplies - 0.0%
 
 
 
Lifetech Scientific Corp (d)(e)
 
2,011,222
376,989
Microport Scientific Corp (d)(e)
 
653,893
560,308
Shandong Weigao Group Medical Polymer Co Ltd H Shares
 
1,502,023
643,527
Shanghai Conant Optical Co Ltd H Shares (e)
 
125,700
506,813
Shanghai MicroPort MedBot Group Co Ltd H Shares (d)(e)
 
243,764
647,145
Shanghai United Imaging Healthcare Co Ltd A Shares (China)
 
29,979
513,027
Shenzhen Mindray Bio-Medical Electronics Co Ltd A Shares (China)
 
40,564
954,458
 
 
 
4,202,267
Health Care Providers & Services - 0.0%
 
 
 
Aier Eye Hospital Group Co Ltd A Shares (China)
 
308,172
414,304
Genertec Universal Medical Group Co Ltd (b)(c)(e)
 
795,313
494,890
Huadong Medicine Co Ltd A Shares (China)
 
59,211
255,457
Hygeia Healthcare Holdings Co Ltd (b)(c)(d)(e)
 
305,231
387,649
Jinxin Fertility Group Ltd (b)(c)(e)
 
1,666,455
461,110
New Horizon Health Ltd (g)
 
117,000
168,762
Sinopharm Group Co Ltd H Shares
 
824,199
1,827,740
 
 
 
4,009,912
Health Care Technology - 0.0%
 
 
 
Yidu Tech Inc (b)(c)(d)(e)
 
465,300
271,143
Life Sciences Tools & Services - 0.1%
 
 
 
Genscript Biotech Corp (d)
 
740,993
1,706,408
Wuxi Apptec Co Ltd A Shares (China)
 
34,300
651,969
Wuxi Apptec Co Ltd H Shares (b)(c)
 
279,309
5,723,370
Wuxi Biologics Cayman Inc (b)(c)(d)
 
2,049,506
10,115,349
WuXi XDC Cayman Inc (d)
 
219,000
1,446,521
XtalPi Holdings Ltd (d)(e)
 
1,134,000
989,054
 
 
 
20,632,671
Pharmaceuticals - 0.1%
 
 
 
Beijing Tong Ren Tang Co Ltd A Shares (China)
 
142,038
553,972
China Medical System Holdings Ltd (e)
 
749,043
1,138,503
China Resources Pharmaceutical Group Ltd (b)(c)
 
1,235,989
764,377
China Resources Sanjiu Medical & Pharmaceutical Co Ltd A Shares (China)
 
81,082
310,180
China Traditional Chinese Medicine Holdings Co Ltd (d)
 
2,756,104
506,068
Consun Pharmaceutical Group Ltd
 
309,000
539,402
CSPC Pharmaceutical Group Ltd
 
4,799,916
5,251,362
Hansoh Pharmaceutical Group Co Ltd (b)(c)
 
742,552
3,046,940
HUTCHMED China Ltd (d)(e)
 
337,688
762,580
Jiangsu Hengrui Pharmaceuticals Co Ltd A Shares (China)
 
218,515
1,749,340
Luye Pharma Group Ltd (b)(c)(d)(e)
 
1,597,369
413,478
Shanghai Fosun Pharmaceutical Group Co Ltd H Shares (e)
 
118,056
247,179
Sichuan Biokin Pharmaceutical Co Ltd A Shares (China) (d)
 
12,870
568,027
Sichuan Kelun Pharmaceutical Co Ltd A Shares (China)
 
98,200
632,960
Sihuan Pharmaceutical Holdings Group Ltd
 
3,564,000
409,007
Simcere Pharmaceutical Group Ltd (b)(c)
 
554,861
873,780
Sino Biopharmaceutical Ltd
 
5,820,352
3,733,088
Sunshine Lake Pharma Co Ltd H Shares (e)
 
79,140
422,018
Yunnan Baiyao Group Co Ltd A Shares (China)
 
62,675
490,893
Zhangzhou Pientzehuang Pharmaceutical Co Ltd A Shares (China)
 
23,165
478,832
 
 
 
22,891,986
TOTAL HEALTH CARE
 
 
80,052,886
Industrials - 0.4%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
AECC Aviation Power Co Ltd A Shares (China)
 
96,535
495,330
AviChina Industry & Technology Co Ltd H Shares (e)
 
1,743,743
669,268
Kuang-Chi Technologies Co Ltd A Shares (China)
 
74,000
338,425
 
 
 
1,503,023
Air Freight & Logistics - 0.0%
 
 
 
J&T Global Express Ltd B Shares (d)(e)
 
1,408,200
1,811,784
JD Logistics Inc (b)(c)(d)
 
1,010,187
1,934,740
SF Holding Co Ltd A Shares (China)
 
158,624
822,463
YTO Express Group Co Ltd A Shares (China)
 
145,537
406,316
ZTO Express Cayman Inc A Shares
 
225,607
5,399,046
 
 
 
10,374,349
Building Products - 0.0%
 
 
 
Beijing New Building Materials PLC A Shares (China)
 
77,554
221,535
China Lesso Group Holdings Ltd
 
573,452
296,144
Xinyi Glass Holdings Ltd (e)
 
931,611
1,107,137
 
 
 
1,624,816
Commercial Services & Supplies - 0.0%
 
 
 
China Everbright Environment Group Ltd
 
2,114,383
1,375,007
CT Environmental Group Ltd (d)(g)
 
26,000
0
Tuhu Car Inc A Shares (b)(c)(d)(e)
 
187,900
289,191
 
 
 
1,664,198
Construction & Engineering - 0.0%
 
 
 
China Communications Services Corp Ltd H Shares
 
1,644,023
895,131
China Conch Venture Holdings Ltd (e)
 
859,173
967,369
China Energy Engineering Corp Ltd A Shares (China)
 
1,164,389
448,377
China National Chemical Engineering Co Ltd A Shares (China)
 
309,992
359,739
China Railway Group Ltd A Shares (China)
 
380,666
259,679
China Railway Group Ltd H Shares (e)
 
2,841,411
1,307,954
China State Construction Engineering Corp Ltd A Shares (China)
 
1,247,797
868,850
Metallurgical Corp of China Ltd A Shares (China) (d)
 
687,807
276,870
Power Construction Corp of China Ltd A Shares (China)
 
579,941
419,799
Sinopec Engineering Group Co Ltd H Shares
 
926,626
640,405
 
 
 
6,444,173
Electrical Equipment - 0.2%
 
 
 
China XD Electric Co Ltd A Shares (China)
 
175,400
346,566
Contemporary Amperex Technology Co Ltd A Shares (China)
 
176,130
10,319,835
Contemporary Amperex Technology Co Ltd H Shares (e)
 
88,287
6,989,220
Dongfang Electric Corp Ltd A Shares (China)
 
115,122
428,265
Eve Energy Co Ltd A Shares (China)
 
69,138
555,654
Goldwind Science & Technology Co Ltd A Shares (China)
 
115,600
314,050
Gotion High-Tech Co Ltd A Shares (China)
 
72,300
305,550
Harbin Electric Co Ltd H Shares
 
402,000
808,367
Hunan Yuneng New Energy Battery Material Co Ltd (China)
 
32,600
305,849
Jiangsu Zhongtian Technology Co Ltd A Shares (China)
 
121,366
510,676
NARI Technology Co Ltd A Shares (China)
 
282,678
1,018,338
Ningbo Deye Technology Corp A Shares (China)
 
48,008
582,045
REPT BATTERO Energy Co Ltd H Shares (d)
 
249,200
342,863
Shanghai Electric Group Co Ltd A Shares (China)
 
438,228
447,658
Shenzhen Megmeet Electrical Co Ltd (China)
 
20,400
322,183
Sichuan Huafeng Technology Co Ltd A Shares (China) (d)
 
18,048
367,160
Sungrow Power Supply Co Ltd A Shares (China)
 
71,706
1,102,099
TBEA Co Ltd A Shares (China)
 
173,438
537,917
Wolong Electric Group Co Ltd A Shares (China)
 
58,100
272,741
Zhejiang Chint Electrics Co Ltd A Shares (China)
 
93,115
347,812
Zhejiang Huayou Cobalt Co Ltd A Shares (China)
 
64,700
382,662
 
 
 
26,607,510
Ground Transportation - 0.0%
 
 
 
Daqin Railway Co Ltd A Shares (China)
 
819,525
603,259
Full Truck Alliance Co Ltd ADR
 
421,961
4,004,410
 
 
 
4,607,669
Industrial Conglomerates - 0.0%
 
 
 
CITIC Ltd
 
2,542,668
4,010,609
Shanghai Industrial Holdings Ltd (e)
 
360,418
635,594
 
 
 
4,646,203
Machinery - 0.2%
 
 
 
Airtac International Group
 
81,359
3,296,619
China CSSC Holdings Ltd A Shares (China)
 
247,197
1,287,876
China Yuchai International Ltd
 
6,342
299,089
CIMC Enric Holdings Ltd
 
387,722
384,637
CRRC Corp Ltd A Shares (China)
 
2,998,985
2,736,045
First Tractor Co Ltd H Shares
 
300,000
338,927
Haitian International Holdings Ltd
 
421,880
1,120,007
Jiangsu Hengli Hydraulic Co Ltd A Shares (China)
 
45,750
735,192
Lonking Holdings Ltd
 
1,168,000
464,674
Precision Tsugami China Corp Ltd (c)
 
80,000
530,450
RoboTechnik Intelligent Technology Co Ltd A Shares (China)
 
5,800
356,557
Sany Heavy Equipment International Holdings Co Ltd
 
720,081
682,215
Sany Heavy Industry Co Ltd A Shares (China)
 
301,970
919,107
Shandong Himile Mechanical Science & Technology Co Ltd A Shares (China)
 
44,370
343,278
Shenzhen Dobot Corp Ltd H Shares (d)(e)
 
67,400
211,247
Shenzhen Envicool Technology Co Ltd A Shares (China)
 
44,980
315,555
Shenzhen Inovance Technology Co Ltd A Shares (China)
 
49,900
473,510
Sinotruk Hong Kong Ltd
 
490,885
2,543,809
UBTech Robotics Corp Ltd H Shares (d)(e)
 
132,950
1,382,494
Weichai Power Co Ltd H Shares
 
1,370,686
5,757,217
XCMG Construction Machinery Co Ltd A Shares (China)
 
415,397
551,166
Yangzijiang Shipbuilding (Holdings) Ltd
 
1,509,409
4,607,494
Yutong Bus Co Ltd A Shares (China)
 
77,800
371,068
Zhejiang Sanhua Intelligent Controls Co Ltd A Shares (China)
 
63,300
351,600
Zhuzhou CRRC Times Electric Co Ltd H Shares
 
284,048
1,219,149
Zoomlion Heavy Industry Science and Technology Co Ltd A Shares (China)
 
324,394
365,136
 
 
 
31,644,118
Marine Transportation - 0.0%
 
 
 
COSCO SHIPPING Holdings Co Ltd H Shares (e)
 
1,899,811
3,820,262
SITC International Holdings Co Ltd
 
797,408
4,014,290
 
 
 
7,834,552
Passenger Airlines - 0.0%
 
 
 
Air China Ltd A Shares (China) (d)
 
477,920
442,720
China Eastern Airlines Corp Ltd A Shares (China) (d)
 
605,197
335,127
China Southern Airlines Co Ltd A Shares (China) (d)
 
455,282
354,010
Hainan Airlines Holding Co Ltd A Shares (China) (d)
 
1,700,843
345,095
Spring Airlines Co Ltd A Shares (China)
 
68,403
476,736
 
 
 
1,953,688
Professional Services - 0.0%
 
 
 
Kanzhun Ltd ADR
 
220,139
3,583,863
Trading Companies & Distributors - 0.0%
 
 
 
BOC Aviation Ltd (b)(c)
 
125,286
1,236,502
Deep Source Holdings Ltd (d)(e)
 
4,090,000
271,192
 
 
 
1,507,694
Transportation Infrastructure - 0.0%
 
 
 
Anhui Expressway Co Ltd H Shares (e)
 
278,849
556,816
Beijing Capital International Airport Co Ltd H Shares (d)
 
1,260,973
276,557
Beijing-Shanghai High Speed Railway Co Ltd A Shares (China)
 
1,583,966
1,203,422
China Merchants Expressway Network & Technology Holdings Co Ltd A Shares (China)
 
235,700
352,921
China Merchants Port Holdings Co Ltd
 
728,517
1,420,360
COSCO SHIPPING Ports Ltd
 
725,234
492,897
Shenzhen International Holdings Ltd (e)
 
896,274
697,143
Yuexiu Transport Infrastructure Ltd
 
568,773
269,794
 
 
 
5,269,910
TOTAL INDUSTRIALS
 
 
109,265,766
Information Technology - 0.6%
 
 
 
Communications Equipment - 0.1%
 
 
 
Advanced Fiber Resources Zhuhai Ltd A Shares (China)
 
9,700
292,638
CICT Mobile Communication Technology Co Ltd A Shares (China) (d)
 
127,551
223,155
EverProX Technologies Co Ltd A Shares (China)
 
11,600
240,504
Fiberhome Telecommunication Technologies Co Ltd A Shares (China)
 
51,300
250,020
Hengtong Optic-electric Co Ltd A Shares (China)
 
83,800
587,391
Jiangsu Etern Co Ltd A Shares (China)
 
55,200
261,021
QuantumCTek Co Ltd A Shares (China)
 
3,685
209,641
Shenzhen Sunway Communication Co Ltd A Shares (China)
 
35,200
298,847
Suzhou TFC Optical Communication Co Ltd A Shares (China)
 
37,940
956,371
Yangtze Optical Fibre & Cable Joint Stock Ltd Co A Shares (China)
 
13,400
534,912
Yangtze Optical Fibre & Cable Joint Stock Ltd Co H Shares (b)(c)
 
224,500
2,769,608
Yealink Network Technology Corp Ltd A Shares (China)
 
63,500
365,550
Zhongji Innolight Co Ltd A Shares (China)
 
39,604
5,270,943
ZTE Corp H Shares (e)
 
749,974
2,377,379
 
 
 
14,637,980
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
Aac Technologies Holdings Inc
 
453,076
2,226,557
Accelink Technologies Co Ltd A Shares (China) (d)
 
28,100
671,541
Avary Holding Shenzhen Co Ltd A Shares (China)
 
68,200
822,816
BOE Technology Group Co Ltd A Shares (China)
 
1,310,668
1,066,433
BYD Electronic International Co Ltd (e)
 
463,339
1,387,228
Chaozhou Three-Circle Group Co Ltd A Shares (China)
 
70,157
1,148,676
Delton Technology Guangzhou Inc A Shares (China)
 
13,500
283,899
Eoptolink Technology Inc Ltd A Shares (China)
 
48,440
2,838,348
FIH Mobile Ltd
 
168,000
413,445
Foxconn Industrial Internet Co Ltd A Shares (China)
 
390,447
3,276,117
GoerTek Inc A Shares (China)
 
123,001
421,334
Hgtech Co Ltd A Shares (China)
 
35,600
500,765
Kingboard Holdings Ltd
 
353,852
1,768,719
Lens Technology Co Ltd A Shares (China)
 
165,046
769,231
Lingyi iTech Guangdong Co A Shares (China)
 
264,700
484,471
Luxshare Precision Industry Co Ltd A Shares (China)
 
254,419
2,166,907
Maxscend Microelectronics Co Ltd A Shares (China) (d)
 
23,400
234,789
Q Technology Group Co Ltd (c)
 
295,000
258,797
Raytron Technology Co Ltd A Shares (China)
 
19,829
414,730
RoboSense Technology Co Ltd H Shares (d)(e)
 
147,800
448,918
Shannon Semiconductor Technology Co Ltd A Shares (China)
 
15,700
337,542
Shengyi Electronics Co Ltd A Shares (China)
 
25,166
351,765
Shengyi Technology Co Ltd A Shares (China)
 
81,117
1,267,686
Shennan Circuits Co Ltd A Shares (China)
 
27,020
1,231,773
Shenzhen Kinwong Electronic Co Ltd A Shares (China)
 
34,300
368,924
Sunny Optical Technology Group Co Ltd
 
388,523
2,776,792
SUPCON Technology Co Ltd A Shares (China)
 
30,850
424,650
Suzhou Dongshan Precision Manufacturing Co Ltd A Shares (China) (d)
 
66,300
1,681,591
TCL Technology Group Corp A Shares (China)
 
814,716
570,163
Unisplendour Corp Ltd A Shares (China)
 
121,740
627,338
Universal Scientific Industrial Shanghai Co Ltd A Shares (China)
 
64,300
208,584
Victory Giant Technology Huizhou Co Ltd A Shares (China)
 
35,000
987,146
VSTECS Holdings Ltd
 
465,433
557,874
Wuhan Guide Infrared Co Ltd A Shares (China) (d)
 
159,400
297,031
WUS Printed Circuit Kunshan Co Ltd A Shares (China)
 
64,495
990,004
Zhejiang Dahua Technology Co Ltd A Shares (China)
 
147,119
363,777
 
 
 
34,646,361
IT Services - 0.0%
 
 
 
Chinasoft International Ltd (e)
 
1,596,507
800,045
GDS Holdings Ltd A Shares (d)
 
658,452
2,679,339
Kingsoft Cloud Holdings Ltd (d)(e)
 
1,518,991
1,134,010
Range Intelligent Computing Technology Group Co Ltd A Shares (China)
 
58,100
543,630
Vnet Group Inc Class A ADR (d)(e)
 
84,814
608,116
 
 
 
5,765,140
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
ACM Research Shanghai Inc A Shares (China)
 
13,124
526,565
Advanced Micro-Fabrication Equipment Inc China A Shares (China)
 
34,336
1,746,031
Biwin Storage Technology Co Ltd A Shares (China)
 
16,167
538,676
Cambricon Technologies Corp Ltd A Shares (China)
 
21,753
3,556,665
China Resources Microelectronics Ltd A Shares (China)
 
55,291
443,757
CSI Solar Co Ltd A Shares (China)
 
128,050
199,013
Daqo New Energy Corp ADR (d)
 
22,779
277,220
Dosilicon Co Ltd A Shares (China) (d)
 
14,936
225,055
GCL Technology Holdings Ltd (d)(e)
 
13,415,364
1,043,478
Gigadevice Semiconductor Inc A Shares (China)
 
22,490
1,256,033
Hangzhou Chang Chuan Technology Co Ltd A Shares (China)
 
22,100
848,077
Henan Shijia Photons Technology Co Ltd A Shares (China)
 
16,511
220,135
Hua Hong Grace Semiconductor Ltd (b)(c)(d)
 
468,232
7,660,177
Hwatsing Technology Co Ltd A Shares (China)
 
18,062
686,896
Hygon Information Technology Co Ltd A Shares (China)
 
79,899
3,276,566
Ingenic Semiconductor Co Ltd A Shares (China)
 
17,700
331,228
JCET Group Co Ltd A Shares (China)
 
67,975
659,481
Jinko Solar Co Ltd A Shares (China) (d)
 
372,328
238,896
JinkoSolar Holding Co Ltd ADR
 
16,896
255,805
LONGi Green Energy Technology Co Ltd A Shares (China) (d)
 
264,377
508,336
Loongson Technology Corp Ltd (China) (d)
 
16,809
264,639
Montage Technology Co Ltd A Shares (China)
 
39,247
1,188,969
National Silicon Industry Group Co Ltd A Shares (China) (d)
 
131,012
454,964
NAURA Technology Group Co Ltd A Shares (China)
 
24,034
2,440,329
Nexchip Semiconductor Corp A Shares (China) (d)
 
82,065
450,733
OmniVision Integrated Circuits Group Inc A Shares (China)
 
44,573
584,399
Piotech Inc A Shares (China)
 
10,219
1,004,681
Rockchip Electronics Co Ltd A Shares (China)
 
15,100
420,496
Sanan Optoelectronics CO Ltd A Shares (China) (d)
 
200,685
363,806
SG Micro Corp A Shares (China)
 
26,100
369,288
Shenzhen Techwinsemi Technology Co Ltd A Shares (China)
 
8,000
457,815
Silergy Corp
 
195,962
2,441,937
Skyverse Technology Co Ltd A Shares (China) (d)
 
12,652
648,180
Suzhou Centec Communications Co Ltd A Shares (China) (d)
 
9,291
467,879
Suzhou Everbright Photonics Co Ltd A Shares (China) (d)
 
6,433
215,500
Suzhou Maxwell Technologies Co Ltd A Shares (China)
 
9,400
206,925
TongFu Microelectronics Co Ltd A Shares (China)
 
54,700
459,444
Tongwei Co Ltd A Shares (China) (d)
 
162,246
280,600
Unigroup Guoxin Microelectronics Co Ltd A Shares (China)
 
38,000
365,461
United Nova Technology Co Ltd A Shares (China) (d)
 
413,550
476,085
Verisilicon Microelectronics Shanghai Co Ltd A Shares (China) (d)
 
16,992
483,575
Xinyi Solar Holdings Ltd (e)
 
2,792,914
783,486
Yuanjie Semiconductor Technology Co Ltd A Shares (China)
 
4,222
680,130
Zhejiang Jingsheng Mechanical & Electrical Co Ltd A Shares (China)
 
44,700
254,727
 
 
 
40,262,138
Software - 0.0%
 
 
 
360 Security Technology Inc A Shares (China)
 
262,893
363,733
Beijing Kingsoft Office Software Inc A Shares (China)
 
17,096
684,775
Empyrean Technology Co Ltd A Shares (China)
 
29,400
379,695
Horizon Robotics A Shares (d)(e)
 
2,883,000
1,900,580
Hundsun Technologies Inc A Shares (China)
 
108,700
369,007
Iflytek Co Ltd A Shares (China)
 
85,138
531,517
Kingdee International Software Group Co Ltd (d)
 
1,688,041
1,792,995
Phancy Group Co Ltd H Shares (d)(e)
 
183,700
685,853
Pony AI Inc A Shares (e)
 
114,700
911,176
Sangfor Technologies Inc A Shares (China)
 
19,300
345,201
SenseTime Group Inc Class B Shares (b)(c)(d)(e)
 
16,306,000
3,014,856
Shanghai Baosight Software Co Ltd B Shares
 
452,013
403,301
Tuya Inc ADR
 
186,873
313,947
Weimob Inc (b)(c)(d)(e)
 
2,460,793
376,537
 
 
 
12,073,173
Technology Hardware, Storage & Peripherals - 0.2%
 
 
 
Anker Innovations Technology Co Ltd A Shares (China)
 
21,700
392,213
China Greatwall Technology Group Co Ltd A Shares (China) (d)
 
124,300
252,655
Huaqin Co Ltd A Shares (China)
 
44,800
538,654
IEIT Systems Co Ltd A Shares (China)
 
54,685
579,214
Legend Holdings Corp H Shares (b)(c)
 
348,005
583,972
Lenovo Group Ltd
 
4,354,622
13,317,273
Sharetronic Data Technology Co Ltd A Shares (China)
 
15,960
508,744
Shenzhen Longsys Electronics Co Ltd (China)
 
14,300
734,495
Shenzhen Transsion Holdings Co Ltd A Shares (China)
 
45,757
435,679
Xiaomi Corp B Shares (b)(c)(d)
 
10,005,417
36,714,724
 
 
 
54,057,623
TOTAL INFORMATION TECHNOLOGY
 
 
161,442,415
Materials - 0.3%
 
 
 
Chemicals - 0.1%
 
 
 
Canmax Technologies Co Ltd A Shares (China) (d)
 
31,200
250,141
China BlueChemical Ltd H Shares
 
1,308,073
353,605
China XLX Fertiliser Ltd
 
375,000
438,482
Dongyue Group Ltd
 
772,461
1,168,187
Fufeng Group Ltd
 
748,722
494,540
Ganfeng Lithium Group Co Ltd A Shares (China)
 
176,100
1,295,986
Ganfeng Lithium Group Co Ltd H Shares (b)(c)
 
120,902
567,634
Global New Material International Holdings Ltd (d)(e)
 
417,000
392,413
Guangzhou Tinci Materials Technology Co Ltd A Shares (China)
 
71,000
375,164
Hengli Petrochemical Co Ltd A Shares (China)
 
246,020
608,302
Hubei Feilihua Quartz Glass Co Ltd A Shares (China) (d)
 
20,300
218,835
Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd A Shares (China)
 
386,200
270,825
Jiangsu Eastern Shenghong Co Ltd A Shares (China) (d)
 
275,912
480,527
Jinan Acetate Chemical Co Ltd (d)
 
336,800
496,911
LB Group Co Ltd A Shares (China)
 
117,841
285,417
Ningxia Baofeng Energy Group Co Ltd A Shares (China)
 
271,454
934,214
Qinghai Salt Lake Industry Co Ltd A Shares (China) (d)
 
185,382
748,006
Rongsheng Petrochemical Co Ltd A Shares (China)
 
372,705
682,310
Satellite Chemical Co Ltd A Shares (China)
 
147,428
552,473
Shandong Hualu Hengsheng Chemical Co Ltd A Shares (China)
 
130,595
416,486
Shanghai Putailai New Energy Technology Group Co Ltd A Shares (China)
 
102,300
360,580
Sinofert Holdings Ltd
 
2,152,000
356,728
Sinoma Science & Technology Co Ltd A Shares (China)
 
56,000
357,057
Tianqi Lithium Corp A Shares (China) (d)
 
53,800
361,598
Wanhua Chemical Group Co Ltd A Shares (China)
 
104,905
1,155,795
Yunnan Energy New Material Group Co Ltd A Shares (China) (d)
 
33,600
261,748
Zangge Mining Co Ltd A Shares (China)
 
58,698
698,972
Zhejiang Juhua Co Ltd A Shares (China)
 
101,494
592,783
Zhejiang NHU Co Ltd A Shares (China)
 
139,205
618,487
 
 
 
15,794,206
Construction Materials - 0.0%
 
 
 
Anhui Conch Cement Co Ltd H Shares
 
886,206
2,089,405
China Jushi Co Ltd A Shares (China)
 
151,509
846,434
China National Building Material Co Ltd H Shares
 
2,122,146
1,009,334
China Resources Building Materials Technology Holdings Ltd (e)
 
1,617,374
230,982
West China Cement Ltd (e)
 
1,110,000
253,354
 
 
 
4,429,509
Metals & Mining - 0.2%
 
 
 
Aluminum Corp of China Ltd H Shares
 
2,795,763
3,015,933
Baoshan Iron & Steel Co Ltd A Shares (China)
 
750,590
681,380
Chifeng Jilong Gold Mining Co A Shares (China)
 
78,000
459,138
China Gold International Resources Corp Ltd
 
137,600
3,086,280
China Hongqiao Group Ltd
 
1,906,087
5,964,421
China Nonferrous Mining Corp Ltd
 
880,823
1,656,653
China Northern Rare Earth Group High-Tech Co Ltd A Shares (China)
 
117,149
689,596
China Tungsten And Hightech Materials Co Ltd A Shares (China)
 
74,100
542,937
CMOC Group Ltd H Shares
 
3,065,590
6,602,292
Dazhong Mining Co Ltd A Shares (China)
 
58,500
224,121
Guangdong HEC Technology Holding Co Ltd A Shares (China) (d)
 
110,400
464,244
Guocheng Mining Co Ltd A Shares (China)
 
46,300
190,970
Henan Shenhuo Coal Industry & Electricity Power Co Ltd A Shares (China)
 
110,200
425,846
Inner Mongolia BaoTou Steel Union Co Ltd A Shares (China) (d)
 
1,432,498
473,240
Inner Mongolia Xingye Silver&Tin Mining Co Ltd A Shares (China)
 
61,200
289,170
Jiangxi Copper Co Ltd H Shares
 
712,099
3,194,385
Jinduicheng Molybdenum Co Ltd A Shares (China)
 
139,700
433,322
Lingbao Gold Group Co Ltd H Shares (e)
 
412,200
1,014,417
MMG Ltd (d)
 
2,796,021
2,991,255
Shandong Gold Mining Co Ltd A Shares (China)
 
419,848
1,757,823
Shandong Gold Mining Co Ltd H Shares (b)(c)
 
80,250
206,294
Shandong Hongqiao Aluminum Industry Holding Co Ltd A Shares (China)
 
109,400
336,255
Shandong Nanshan Aluminum Co Ltd A Shares (China)
 
521,528
364,989
Shanjin International Gold Co Ltd A Shares (China)
 
102,600
355,096
Shougang Fushan Resources Group Ltd
 
1,413,564
430,789
Silvercorp Metals Inc
 
126,384
1,174,722
Tiangong International Co Ltd
 
888,000
332,898
Tianshan Aluminum Group Co Ltd A Shares (China)
 
198,200
387,971
Tongling Nonferrous Metals Group Co Ltd A Shares (China)
 
503,395
464,574
Western Mining Co Ltd A Shares (China)
 
108,258
615,877
Xiamen Tungsten Co Ltd A Shares (China)
 
54,900
381,825
Yunnan Aluminium Co Ltd A Shares (China)
 
123,936
489,620
Yunnan Tin Co Ltd A Shares (China)
 
71,100
358,423
Zhaojin Mining Industry Co Ltd H Shares
 
966,201
2,611,887
Zhongjin Gold Corp Ltd A Shares (China) (d)
 
172,699
589,966
Zijin Mining Group Co Ltd A Shares (China)
 
386,000
1,887,533
Zijin Mining Group Co Ltd H Shares
 
3,887,717
16,478,083
 
 
 
61,624,225
Paper & Forest Products - 0.0%
 
 
 
Lee & Man Paper Manufacturing Ltd
 
869,360
444,523
Nine Dragons Paper Holdings Ltd (d)
 
1,049,508
1,010,378
 
 
 
1,454,901
TOTAL MATERIALS
 
 
83,302,841
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
C&D International Investment Group Ltd (e)
 
553,090
1,083,979
China Jinmao Holdings Group Ltd (e)
 
3,511,159
617,847
China Merchants Shekou Industrial Zone Holdings Co Ltd A Shares (China)
 
346,319
356,668
China Overseas Grand Oceans Group Ltd
 
1,216,217
379,952
China Overseas Land & Investment Ltd
 
2,236,270
3,852,393
China Overseas Property Holdings Ltd (e)
 
1,067,121
468,083
China Resources Land Ltd
 
1,684,192
7,129,855
China Resources Mixc Lifestyle Services Ltd (b)(c)
 
409,033
2,082,092
Country Garden Holdings Co Ltd (d)(e)
 
12,812,000
277,726
Country Garden Services Holdings Co Ltd
 
1,543,743
1,102,336
Evergrande Property Services Group Ltd (b)(c)(d)
 
3,128,000
430,766
Greater Bay Area AI Computing Tech Co Ltd (d)(e)
 
218,000
256,015
Greentown China Holdings Ltd (d)(e)
 
608,975
553,656
Greentown Service Group Co Ltd (c)
 
1,030,741
569,100
Hopson Development Holdings Ltd (d)(e)(g)
 
781,033
262,920
KE Holdings Inc A Shares
 
1,177,423
6,604,049
Longfor Group Holdings Ltd (b)(c)(e)
 
1,283,300
1,122,544
Onewo Inc H Shares (e)
 
223,300
481,201
Poly Developments and Holdings Group Co Ltd A Shares (China)
 
521,481
407,808
Poly Property Group Co Ltd
 
1,528,521
296,255
Poly Property Services Co Ltd H Shares (c)
 
125,465
449,552
Seazen Group Ltd (d)(e)
 
1,799,891
330,491
Shanghai Zhangjiang High-Tech Park Development Co Ltd A Shares (China)
 
66,000
314,034
Shoucheng Holdings Ltd (e)
 
2,322,000
521,106
Sunac China Holdings Ltd (d)(e)
 
5,151,567
361,288
Yuexiu Property Co Ltd (e)
 
1,178,788
544,121
TOTAL REAL ESTATE
 
 
30,855,837
Utilities - 0.1%
 
 
 
Gas Utilities - 0.0%
 
 
 
Beijing Enterprises Holdings Ltd
 
298,470
1,204,171
China Gas Holdings Ltd
 
1,648,489
1,284,335
China Resources Gas Group Ltd
 
555,847
1,185,775
ENN Energy Holdings Ltd
 
435,859
2,608,796
ENN Natural Gas Co Ltd A Shares (China)
 
114,865
302,787
Kunlun Energy Co Ltd
 
2,274,575
2,099,858
Towngas Smart Energy Co Ltd (e)
 
899,067
401,246
 
 
 
9,086,968
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
CGN New Energy Holdings Co Ltd (b)(c)(e)
 
905,501
269,027
CGN Power Co Ltd H Shares (b)(c)
 
6,165,524
2,272,055
China Datang Corp Renewable Power Co Ltd H Shares
 
1,804,308
294,491
China Longyuan Power Group Corp Ltd H Shares
 
1,492,145
1,097,837
China National Nuclear Power Co Ltd A Shares (China)
 
702,058
941,658
China Power International Development Ltd (e)
 
2,205,552
798,705
China Resources Power Holdings Co Ltd (e)
 
1,235,684
3,047,298
China Three Gorges Renewables Group Co Ltd A Shares (China)
 
1,654,239
955,653
China Yangtze Power Co Ltd A Shares (China)
 
889,781
3,833,657
Datang International Power Generation Co Ltd A Shares (China)
 
386,400
338,286
GD Power Development Co Ltd A Shares (China)
 
645,511
485,844
Huadian Power International Corp Ltd A Shares (China)
 
484,252
345,036
Huaneng Power International Inc H Shares (e)
 
2,725,185
2,095,387
SDIC Power Holdings Co Ltd A Shares (China)
 
269,131
608,067
Shanghai Electric Power Co Ltd A Shares (China)
 
103,500
221,771
Sichuan Chuantou Energy Co Ltd A Shares (China)
 
192,902
447,667
Zhejiang Zheneng Electric Power Co Ltd A Shares (China)
 
402,651
302,320
 
 
 
18,354,759
Water Utilities - 0.0%
 
 
 
Beijing Enterprises Water Group Ltd (e)
 
2,452,921
722,514
China Water Affairs Group Ltd (e)
 
589,697
351,905
Guangdong Investment Ltd
 
1,599,205
1,727,185
 
 
 
2,801,604
TOTAL UTILITIES
 
 
30,243,331
TOTAL CHINA
 
 
1,633,876,193
COLOMBIA - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Parex Resources Inc
 
55,539
961,933
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Grupo Cibest SA
 
131,419
3,724,695
Materials - 0.0%
 
 
 
Construction Materials - 0.0%
 
 
 
Cementos Argos SA
 
355,519
1,241,774
Grupo Argos SA/Colombia
 
200,472
1,073,837
 
 
 
2,315,611
Metals & Mining - 0.0%
 
 
 
Aris Mining Corp (d)
 
109,071
1,457,288
TOTAL MATERIALS
 
 
3,772,899
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Interconexion Electrica SA ESP
 
260,617
2,469,857
TOTAL COLOMBIA
 
 
10,929,384
CONGO DEMOCRATIC REPUBLIC OF - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Helios Towers PLC (d)
 
486,098
1,282,761
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Ivanhoe Mines Ltd Class A (d)(e)
 
458,810
3,295,800
TOTAL CONGO DEMOCRATIC REPUBLIC OF
 
 
4,578,561
COTE D'IVOIRE - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Endeavour Mining PLC (United Kingdom)
 
126,705
6,014,402
CZECH REPUBLIC - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Komercni Banka AS
 
43,523
2,175,891
Moneta Money Bank AS (b)(c)
 
169,810
1,553,981
TOTAL FINANCIALS
 
 
3,729,872
Industrials - 0.0%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Colt CZ Group SE (e)
 
8,787
380,306
CSG NV (e)
 
86,400
1,645,923
TOTAL INDUSTRIALS
 
 
2,026,229
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
CEZ AS
 
72,627
4,678,697
TOTAL CZECH REPUBLIC
 
 
10,434,798
DENMARK - 1.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Household Durables - 0.0%
 
 
 
GN Store Nord AS (d)
 
78,464
1,182,649
Specialty Retail - 0.0%
 
 
 
Matas A/S
 
22,281
311,081
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Pandora A/S
 
44,461
5,569,629
TOTAL CONSUMER DISCRETIONARY
 
 
7,063,359
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Carlsberg AS Series B
 
55,142
8,134,338
Royal Unibrew A/S
 
28,967
2,178,111
 
 
 
10,312,449
Food Products - 0.0%
 
 
 
Schouw & Co A/S
 
7,614
729,450
Tobacco - 0.0%
 
 
 
Scandinavian Tobacco Group A/S Series A (b)(c)
 
37,580
417,427
TOTAL CONSUMER STAPLES
 
 
11,459,326
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
AL Sydbank
 
39,915
3,842,481
Danske Bank A/S
 
362,235
20,855,616
Jyske Bank A/S
 
23,685
3,763,584
Ringkjoebing Landbobank A/S
 
14,151
3,802,999
 
 
 
32,264,680
Insurance - 0.0%
 
 
 
Alm Brand A/S
 
456,381
1,199,039
Tryg A/S
 
179,448
4,282,722
 
 
 
5,481,761
TOTAL FINANCIALS
 
 
37,746,441
Health Care - 0.6%
 
 
 
Biotechnology - 0.1%
 
 
 
Bavarian Nordic A/S (d)
 
46,621
1,279,524
Genmab A/S (d)
 
35,857
10,321,022
Zealand Pharma A/S (d)
 
37,150
1,742,302
 
 
 
13,342,848
Health Care Equipment & Supplies - 0.0%
 
 
 
Ambu AS Series B
 
120,592
1,346,009
Coloplast AS Series B
 
75,092
4,965,816
Demant A/S (d)
 
49,216
2,133,554
 
 
 
8,445,379
Life Sciences Tools & Services - 0.0%
 
 
 
Chemometec A/S
 
10,486
699,822
Pharmaceuticals - 0.5%
 
 
 
ALK-Abello A/S Series B
 
76,458
2,618,586
H Lundbeck A/S Series B
 
162,135
1,038,044
Novo Nordisk A/S Series B
 
1,881,106
88,979,285
 
 
 
92,635,915
TOTAL HEALTH CARE
 
 
115,123,964
Industrials - 0.2%
 
 
 
Air Freight & Logistics - 0.1%
 
 
 
DSV A/S
 
112,288
24,267,797
Building Products - 0.0%
 
 
 
ROCKWOOL A/S Series B
 
56,194
1,801,468
Commercial Services & Supplies - 0.0%
 
 
 
ISS A/S
 
76,377
3,386,416
Construction & Engineering - 0.0%
 
 
 
Cadeler A/S (d)(e)
 
140,368
799,813
Per Aarsleff Holding A/S Series B
 
11,221
1,251,586
 
 
 
2,051,399
Electrical Equipment - 0.1%
 
 
 
NKT A/S (d)
 
31,329
4,272,576
Vestas Wind Systems A/S
 
561,289
15,108,477
 
 
 
19,381,053
Machinery - 0.0%
 
 
 
FLSmidth & Co A/S
 
23,096
1,728,815
Marine Transportation - 0.0%
 
 
 
D/S Norden A/S
 
12,103
628,490
Dfds A/S (d)
 
19,608
376,611
 
 
 
1,005,101
TOTAL INDUSTRIALS
 
 
53,622,049
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Netcompany Group A/S (b)(c)(d)
 
22,243
1,108,375
Materials - 0.1%
 
 
 
Chemicals - 0.1%
 
 
 
Novonesis Novozymes B Series B
 
206,934
13,472,099
Construction Materials - 0.0%
 
 
 
Cementir Holding NV (e)
 
34,739
604,094
TOTAL MATERIALS
 
 
14,076,193
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Orsted AS (b)(c)(d)
 
271,789
6,079,822
TOTAL DENMARK
 
 
246,279,529
EGYPT - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telecom Egypt Co
 
351,032
710,986
Consumer Staples - 0.0%
 
 
 
Tobacco - 0.0%
 
 
 
Eastern Co SAE
 
975,799
694,410
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Commercial International Bank - Egypt (CIB)
 
1,373,163
3,785,259
Capital Markets - 0.0%
 
 
 
EFG Holding S.A.E.
 
801,655
410,622
Financial Services - 0.0%
 
 
 
Fawry for Banking & Payment Technology Services SAE (d)
 
1,531,725
562,082
TOTAL FINANCIALS
 
 
4,757,963
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Talaat Moustafa Group
 
469,523
893,149
TOTAL EGYPT
 
 
7,056,508
FAROE ISLANDS - 0.0%
 
 
 
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Bakkafrost
 
31,113
1,485,808
FINLAND - 0.7%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Elisa Oyj A Shares
 
82,341
3,321,404
Consumer Discretionary - 0.0%
 
 
 
Automobile Components - 0.0%
 
 
 
Nokian Renkaat Oyj (e)
 
69,497
1,220,540
Broadline Retail - 0.0%
 
 
 
Puuilo Oyj
 
53,527
1,056,726
Leisure Products - 0.0%
 
 
 
Harvia Oyj (c)(e)
 
10,927
519,769
TOTAL CONSUMER DISCRETIONARY
 
 
2,797,035
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Kesko Oyj B Shares
 
157,607
3,922,047
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Neste Oyj
 
248,797
8,767,672
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Nordea Bank Abp
 
1,776,845
35,862,340
Insurance - 0.1%
 
 
 
Mandatum Holding Oy
 
254,338
1,743,608
Sampo Oyj A Shares
 
1,335,378
14,784,979
Sampo Oyj Series A (Denmark)
 
52,385
578,967
 
 
 
17,107,554
TOTAL FINANCIALS
 
 
52,969,894
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Orion Oyj B Shares
 
63,668
5,954,261
Industrials - 0.2%
 
 
 
Machinery - 0.2%
 
 
 
Hiab Oyj B Shares
 
23,253
1,576,675
Kalmar Oyj B Shares
 
23,500
1,044,396
Kone Oyj B Shares
 
190,462
11,003,526
Konecranes Oyj A Shares
 
106,600
3,323,913
Metso Oyj
 
372,943
6,928,254
Valmet Oyj
 
81,940
2,468,056
Wartsila OYJ Abp
 
286,346
9,688,065
TOTAL INDUSTRIALS
 
 
36,032,885
Information Technology - 0.1%
 
 
 
Communications Equipment - 0.1%
 
 
 
Nokia Oyj
 
2,938,254
27,158,083
IT Services - 0.0%
 
 
 
Tieto Oyj
 
62,076
1,327,148
Software - 0.0%
 
 
 
Bittium Oyj (e)
 
16,970
556,737
QT Group Oyj (d)(e)
 
14,503
419,106
 
 
 
975,843
TOTAL INFORMATION TECHNOLOGY
 
 
29,461,074
Materials - 0.1%
 
 
 
Chemicals - 0.0%
 
 
 
Kemira Oyj
 
72,689
1,425,801
Containers & Packaging - 0.0%
 
 
 
Huhtamaki Oyj
 
57,964
2,065,393
Metsa Board Oyj B Shares (d)(e)
 
109,425
370,727
 
 
 
2,436,120
Metals & Mining - 0.0%
 
 
 
Outokumpu Oyj A Shares
 
232,233
1,389,879
Paper & Forest Products - 0.1%
 
 
 
Stora Enso Oyj R Shares
 
323,838
3,711,185
UPM-Kymmene Oyj
 
301,309
8,197,348
 
 
 
11,908,533
TOTAL MATERIALS
 
 
17,160,333
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Lumo Kodit Oyj
 
100,815
915,506
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Fortum Oyj
 
260,519
5,925,735
TOTAL FINLAND
 
 
167,227,846
FRANCE - 4.5%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Orange SA
 
1,088,439
20,797,561
Entertainment - 0.0%
 
 
 
Ubisoft Entertainment SA (d)(e)
 
56,505
373,818
Vivendi SE
 
406,698
748,498
 
 
 
1,122,316
Media - 0.1%
 
 
 
Canal+ SA
 
372,593
1,320,687
Eutelsat Communications SACA (d)(e)
 
159,934
378,630
IPSOS SA
 
21,332
879,168
JCDecaux SE
 
42,448
1,108,203
Louis Hachette Group
 
541,193
1,098,375
Publicis Groupe SA
 
135,210
14,431,038
 
 
 
19,216,101
TOTAL COMMUNICATION SERVICES
 
 
41,135,978
Consumer Discretionary - 0.6%
 
 
 
Automobile Components - 0.1%
 
 
 
Cie Generale des Etablissements Michelin SCA Series B
 
359,905
14,547,533
Forvia SE (d)
 
98,334
1,006,711
Opmobility
 
36,524
539,106
Valeo SE
 
128,783
2,209,771
 
 
 
18,303,121
Automobiles - 0.0%
 
 
 
Renault SA
 
107,714
3,401,208
Trigano SA (e)
 
5,420
943,136
 
 
 
4,344,344
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Accor SA
 
109,124
5,650,052
FDJ UNITED (e)
 
63,842
1,614,473
Sodexo SA (e)
 
44,982
2,957,871
 
 
 
10,222,396
Household Durables - 0.0%
 
 
 
SEB SA
 
16,865
1,132,838
Textiles, Apparel & Luxury Goods - 0.5%
 
 
 
Hermes International SCA
 
15,106
26,765,931
Kering SA
 
41,945
13,844,934
LVMH Moet Hennessy Louis Vuitton SE
 
145,052
79,653,170
 
 
 
120,264,035
TOTAL CONSUMER DISCRETIONARY
 
 
154,266,734
Consumer Staples - 0.4%
 
 
 
Beverages - 0.0%
 
 
 
Pernod Ricard SA
 
115,216
8,979,166
Remy Cointreau SA (e)
 
14,677
820,514
Remy Cointreau SA rights (d)(e)(f)
 
14,677
4,231
 
 
 
9,803,911
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Carrefour SA
 
349,113
6,406,916
Food Products - 0.1%
 
 
 
Danone SA
 
368,271
28,646,375
Personal Care Products - 0.3%
 
 
 
Interparfums SA
 
18,923
536,798
L'Oreal SA
 
139,813
62,272,062
 
 
 
62,808,860
TOTAL CONSUMER STAPLES
 
 
107,666,062
Energy - 0.4%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Technip Energies NV
 
78,050
2,691,100
Vallourec SACA (d)
 
106,324
2,563,588
Viridien (d)
 
4,346
465,577
 
 
 
5,720,265
Oil, Gas & Consumable Fuels - 0.4%
 
 
 
Bollore SE
 
354,424
1,582,502
Etablissements Maurel et Prom SA
 
39,713
371,855
Gaztransport Et Technigaz SA
 
21,685
4,893,686
TotalEnergies SE
 
1,148,064
101,171,674
 
 
 
108,019,717
TOTAL ENERGY
 
 
113,739,982
Financials - 0.7%
 
 
 
Banks - 0.5%
 
 
 
BNP Paribas SA
 
577,591
73,393,757
Credit Agricole SA
 
524,692
11,724,484
Societe Generale SA Series A
 
373,501
35,107,846
 
 
 
120,226,087
Capital Markets - 0.0%
 
 
 
Amundi SA (b)(c)
 
36,307
3,950,191
Tikehau Capital SCA (e)
 
30,451
557,619
 
 
 
4,507,810
Financial Services - 0.0%
 
 
 
Edenred SE
 
130,487
4,291,435
Eurazeo SE
 
22,288
1,218,247
Peugeot Invest SA (e)
 
3,741
244,169
Wendel SE
 
14,405
1,392,843
Worldline SA/France (b)(c)(d)(e)
 
27,222
382,594
 
 
 
7,529,288
Insurance - 0.2%
 
 
 
AXA SA
 
907,497
47,035,238
Coface SA
 
67,980
1,238,580
SCOR SE
 
93,965
3,716,602
 
 
 
51,990,420
TOTAL FINANCIALS
 
 
184,253,605
Health Care - 0.2%
 
 
 
Biotechnology - 0.0%
 
 
 
Abivax SA (d)
 
35,198
4,368,302
DBV Technologies SA (d)
 
108,080
292,886
Nanobiotix SA (d)(e)
 
18,349
713,487
 
 
 
5,374,675
Health Care Equipment & Supplies - 0.2%
 
 
 
BioMerieux
 
22,461
1,789,752
EssilorLuxottica SA
 
175,652
33,254,783
 
 
 
35,044,535
Health Care Providers & Services - 0.0%
 
 
 
Emeis SA (d)
 
43,818
735,698
Life Sciences Tools & Services - 0.0%
 
 
 
Sartorius Stedim Biotech
 
17,241
3,314,239
Pharmaceuticals - 0.0%
 
 
 
Ipsen SA
 
20,350
3,923,616
Medincell SA (d)(e)
 
14,839
443,874
Virbac SACA
 
2,624
1,021,230
 
 
 
5,388,720
TOTAL HEALTH CARE
 
 
49,857,867
Industrials - 1.3%
 
 
 
Aerospace & Defense - 0.8%
 
 
 
Airbus SE
 
346,674
81,384,743
Dassault Aviation SA
 
9,903
3,405,338
Exail Technologies SA (d)(e)
 
5,791
832,065
Exosens SAS
 
19,545
1,289,192
LISI SA
 
12,630
921,919
Safran SA
 
201,465
79,171,987
Thales SA
 
54,134
15,350,215
 
 
 
182,355,459
Air Freight & Logistics - 0.0%
 
 
 
ID Logistics Group SACA (d)
 
2,184
905,393
Building Products - 0.1%
 
 
 
Cie de Saint-Gobain SA
 
260,536
24,487,027
Commercial Services & Supplies - 0.0%
 
 
 
Derichebourg SA
 
61,283
657,217
Elis SA
 
90,732
2,592,672
Elis SA (United Kingdom)
 
1,901
54,321
Societe BIC SA
 
12,016
940,839
SPIE SA
 
91,718
4,920,170
 
 
 
9,165,219
Construction & Engineering - 0.3%
 
 
 
Bouygues SA
 
130,664
7,360,279
Eiffage SA
 
41,618
5,914,989
Vinci SA
 
270,984
38,261,010
 
 
 
51,536,278
Electrical Equipment - 0.1%
 
 
 
Legrand SA
 
149,696
22,758,172
Mersen SA
 
13,484
579,048
Nexans SA
 
22,718
3,452,799
 
 
 
26,790,019
Ground Transportation - 0.0%
 
 
 
Ayvens SA (b)(c)
 
196,402
2,633,974
Machinery - 0.0%
 
 
 
Alstom SA (d)(e)
 
202,007
3,742,370
Passenger Airlines - 0.0%
 
 
 
Air France-KLM (d)
 
77,016
1,066,620
Professional Services - 0.0%
 
 
 
Bureau Veritas SA
 
186,499
5,948,596
Teleperformance SE
 
26,203
2,084,903
 
 
 
8,033,499
Trading Companies & Distributors - 0.0%
 
 
 
Rexel SA
 
130,319
5,385,940
Transportation Infrastructure - 0.0%
 
 
 
Aeroports de Paris SA (e)
 
18,851
2,606,390
Getlink SE Series A
 
142,992
3,047,190
 
 
 
5,653,580
TOTAL INDUSTRIALS
 
 
321,755,378
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Vusion/France (e)
 
4,870
729,498
IT Services - 0.1%
 
 
 
Alten SA
 
17,764
1,538,390
Capgemini SE
 
90,587
10,767,237
Sopra Steria Group (e)
 
8,579
1,810,396
 
 
 
14,116,023
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
SOITEC (d)
 
15,082
1,808,748
Software - 0.0%
 
 
 
Dassault Systemes SE
 
397,539
9,248,750
Planisware SA (e)
 
22,637
602,999
 
 
 
9,851,749
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
2CRSI SACA (d)(e)
 
5,952
176,805
TOTAL INFORMATION TECHNOLOGY
 
 
26,682,823
Materials - 0.3%
 
 
 
Chemicals - 0.3%
 
 
 
Air Liquide SA
 
371,726
73,233,195
Arkema SA
 
33,817
2,296,869
Robertet SA (e)
 
706
648,042
 
 
 
76,178,106
Construction Materials - 0.0%
 
 
 
Imerys SA
 
22,652
614,892
Vicat SACA
 
9,663
729,859
 
 
 
1,344,751
Metals & Mining - 0.0%
 
 
 
Eramet SA (d)(e)
 
5,004
248,818
TOTAL MATERIALS
 
 
77,771,675
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.0%
 
 
 
Covivio SA/France
 
31,688
1,933,020
ICADE (e)
 
26,172
583,987
 
 
 
2,517,007
Industrial REITs - 0.0%
 
 
 
ARGAN SA
 
9,496
830,034
Office REITs - 0.0%
 
 
 
Gecina SA
 
26,283
2,271,603
Residential REITs - 0.0%
 
 
 
Altarea SCA (e)
 
3,799
441,586
Retail REITs - 0.1%
 
 
 
Carmila SA
 
44,046
858,379
Klepierre SA
 
124,797
5,661,406
Mercialys SA
 
61,391
849,516
Unibail-Rodamco-Westfield unit
 
61,880
7,513,884
 
 
 
14,883,185
TOTAL REAL ESTATE
 
 
20,943,415
Utilities - 0.2%
 
 
 
Gas Utilities - 0.0%
 
 
 
Rubis SCA
 
42,673
1,647,496
Multi-Utilities - 0.2%
 
 
 
Engie SA
 
1,034,923
32,259,717
Veolia Environnement SA
 
344,071
13,691,744
 
 
 
45,951,461
TOTAL UTILITIES
 
 
47,598,957
TOTAL FRANCE
 
 
1,145,672,476
GEORGIA - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Lion Finance Group PLC
 
20,831
3,259,505
TBC Bank Group PLC
 
25,125
1,629,450
 
 
 
4,888,955
Capital Markets - 0.0%
 
 
 
Georgia Capital PLC (d)
 
16,784
894,646
TOTAL GEORGIA
 
 
5,783,601
GERMANY - 4.7%
 
 
 
Communication Services - 0.3%
 
 
 
Diversified Telecommunication Services - 0.3%
 
 
 
Deutsche Telekom AG
 
2,004,430
61,858,727
United Internet AG
 
46,872
1,277,753
 
 
 
63,136,480
Entertainment - 0.0%
 
 
 
CTS Eventim AG & Co KGaA
 
35,011
2,361,817
Interactive Media & Services - 0.0%
 
 
 
Scout24 SE (b)(c)
 
40,583
3,479,453
Media - 0.0%
 
 
 
Stroeer SE & Co KGaA
 
20,776
949,688
Wireless Telecommunication Services - 0.0%
 
 
 
Freenet AG
 
70,876
1,987,690
TOTAL COMMUNICATION SERVICES
 
 
71,915,128
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.0%
 
 
 
Aumovio SE
 
33,290
1,529,776
Continental AG
 
64,161
5,335,840
SAF-Holland SE
 
29,531
733,857
Schaeffler AG Class Registered (e)
 
115,458
943,965
 
 
 
8,543,438
Automobiles - 0.2%
 
 
 
Bayerische Motoren Werke AG
 
189,031
12,926,279
Mercedes-Benz Group AG
 
420,451
22,733,444
Volkswagen AG
 
16,881
1,482,185
 
 
 
37,141,908
Hotels, Restaurants & Leisure - 0.0%
 
 
 
TUI AG (e)
 
262,439
2,273,368
Specialty Retail - 0.0%
 
 
 
Auto1 Group SE (d)(e)
 
79,990
2,082,790
CECONOMY AG
 
84,803
416,588
Fielmann Group AG
 
17,234
807,853
Hornbach Holding AG & Co KGaA
 
8,193
786,998
Zalando SE (b)(c)(d)
 
123,585
4,027,390
 
 
 
8,121,619
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Adidas AG
 
94,945
17,567,022
HUGO BOSS AG (e)
 
28,260
1,235,086
Puma SE (d)
 
59,287
1,880,087
 
 
 
20,682,195
TOTAL CONSUMER DISCRETIONARY
 
 
76,762,528
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
HelloFresh SE (d)(e)
 
96,440
379,448
Food Products - 0.0%
 
 
 
KWS Saat SE & Co KGaA (e)
 
6,902
572,255
Suedzucker AG (d)(e)
 
35,127
458,536
 
 
 
1,030,791
Household Products - 0.0%
 
 
 
Henkel AG & Co KGaA
 
52,195
4,276,873
Personal Care Products - 0.0%
 
 
 
Beiersdorf AG (e)
 
53,477
4,967,536
TOTAL CONSUMER STAPLES
 
 
10,654,648
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Friedrich Vorwerk Group SE
 
4,969
375,888
Verbio SE (d)
 
12,217
404,045
TOTAL ENERGY
 
 
779,933
Financials - 1.0%
 
 
 
Banks - 0.0%
 
 
 
Commerzbank AG
 
379,245
16,474,084
Capital Markets - 0.3%
 
 
 
Deutsche Bank AG
 
1,058,931
38,922,763
Deutsche Boerse AG
 
106,011
31,932,340
flatexDEGIRO SE
 
48,121
2,014,313
 
 
 
72,869,416
Financial Services - 0.0%
 
 
 
Deutsche Pfandbriefbank AG (b)(c)(d)(e)
 
89,072
351,074
GRENKE AG (e)
 
26,586
360,534
 
 
 
711,608
Insurance - 0.7%
 
 
 
Allianz SE
 
221,065
110,113,014
Hannover Rueck SE
 
35,245
10,185,079
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
 
76,221
45,785,966
Talanx AG
 
35,985
4,784,501
 
 
 
170,868,560
TOTAL FINANCIALS
 
 
260,923,668
Health Care - 0.3%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Carl Zeiss Meditec Ag (e)
 
22,121
778,019
Eckert & Ziegler SE
 
30,573
479,824
Siemens Healthineers AG (b)(c)
 
196,140
8,352,543
 
 
 
9,610,386
Health Care Providers & Services - 0.1%
 
 
 
Fresenius Medical Care AG
 
110,621
5,677,279
Fresenius SE & Co KGaA
 
247,244
12,707,663
 
 
 
18,384,942
Life Sciences Tools & Services - 0.0%
 
 
 
Evotec SE (d)(e)
 
80,033
314,709
Gerresheimer AG (d)(e)
 
18,651
592,314
Schott Pharma AG & Co KGaA
 
22,925
580,269
 
 
 
1,487,292
Pharmaceuticals - 0.2%
 
 
 
Bayer AG
 
574,483
31,881,384
Dermapharm Holding SE (e)
 
7,127
336,959
Merck KGaA
 
75,563
12,488,164
 
 
 
44,706,507
TOTAL HEALTH CARE
 
 
74,189,127
Industrials - 1.5%
 
 
 
Aerospace & Defense - 0.2%
 
 
 
Hensoldt AG (e)
 
35,483
3,259,430
Montana Aerospace Ag (b)(c)(d)
 
19,513
584,098
MTU Aero Engines AG
 
31,660
13,208,858
Rheinmetall AG
 
27,227
35,992,710
Tkms AG& Co KGaA (e)
 
14,777
1,395,584
 
 
 
54,440,680
Air Freight & Logistics - 0.1%
 
 
 
Deutsche Post AG
 
534,290
35,691,533
Commercial Services & Supplies - 0.0%
 
 
 
Bilfinger SE
 
21,490
2,044,448
Cewe Stiftung & Co KGAA (e)
 
4,566
504,941
 
 
 
2,549,389
Construction & Engineering - 0.0%
 
 
 
HOCHTIEF AG
 
8,559
4,374,300
Electrical Equipment - 0.4%
 
 
 
2G Energy AG (d)
 
7,060
467,307
Nordex SE (d)
 
77,341
3,428,301
Pfisterer Holding SE
 
4,817
423,270
Siemens Energy AG
 
452,813
77,359,960
SMA Solar Technology AG (d)
 
8,817
537,343
 
 
 
82,216,181
Ground Transportation - 0.0%
 
 
 
Sixt SE (e)
 
18,375
1,513,963
Industrial Conglomerates - 0.7%
 
 
 
Siemens AG
 
433,543
142,048,880
Machinery - 0.1%
 
 
 
Daimler Truck Holding AG
 
268,143
15,132,693
Deutz AG (e)
 
90,219
1,017,993
Duerr AG
 
33,527
689,724
Gea Group Ag
 
87,260
6,203,462
JOST Werke SE (b)(c)
 
12,028
803,078
KION Group AG
 
43,096
1,934,671
Knorr-Bremse AG
 
37,992
4,508,098
Krones AG
 
9,067
1,164,755
Rational AG
 
3,010
2,339,442
RENK Group AG
 
46,677
2,575,554
Vossloh AG (e)
 
6,095
409,055
Wacker Neuson SE
 
16,347
409,057
 
 
 
37,187,582
Passenger Airlines - 0.0%
 
 
 
Deutsche Lufthansa AG
 
347,431
3,645,605
Trading Companies & Distributors - 0.0%
 
 
 
Brenntag SE (e)
 
68,408
4,823,010
Transportation Infrastructure - 0.0%
 
 
 
Fraport AG Frankfurt Airport Services Worldwide
 
21,678
1,691,114
TOTAL INDUSTRIALS
 
 
370,182,237
Information Technology - 0.7%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Jenoptik AG
 
30,024
1,290,715
Softwareone Holding AG
 
99,303
1,079,687
 
 
 
2,370,402
IT Services - 0.0%
 
 
 
Bechtle AG (e)
 
48,757
2,029,692
CANCOM SE (e)
 
16,160
445,374
IONOS Group SE (d)(e)
 
30,034
1,088,191
 
 
 
3,563,257
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
AIXTRON SE
 
65,519
2,740,316
Elmos Semiconductor SE
 
5,641
949,718
Infineon Technologies AG
 
762,983
54,754,399
PVA TePla AG (d)(e)
 
12,114
460,427
Siltronic AG (d)
 
9,429
827,439
SUSS MicroTec SE
 
12,086
1,036,911
 
 
 
60,769,210
Software - 0.5%
 
 
 
Atoss Software SE
 
6,525
633,546
Nemetschek SE
 
34,196
2,289,092
SAP SE
 
610,671
111,933,049
TeamViewer SE (b)(c)(d)
 
128,827
889,856
 
 
 
115,745,543
TOTAL INFORMATION TECHNOLOGY
 
 
182,448,412
Materials - 0.3%
 
 
 
Chemicals - 0.2%
 
 
 
Alzchem Group AG
 
3,775
669,948
BASF SE
 
521,061
30,249,484
Evonik Industries AG
 
150,994
3,054,043
K+S AG (e)
 
99,139
1,664,530
LANXESS AG
 
51,435
981,025
Symrise AG
 
77,136
7,925,390
Wacker Chemie AG (d)
 
10,919
1,114,325
 
 
 
45,658,745
Construction Materials - 0.1%
 
 
 
Heidelberg Materials AG
 
77,438
14,416,248
Metals & Mining - 0.0%
 
 
 
Aurubis AG (e)
 
14,343
3,003,597
Salzgitter AG
 
16,832
1,000,575
thyssenkrupp AG
 
290,183
4,033,899
 
 
 
8,038,071
TOTAL MATERIALS
 
 
68,113,064
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.0%
 
 
 
Sirius Real Estate Ltd
 
932,702
1,243,850
Real Estate Management & Development - 0.1%
 
 
 
Aroundtown SA
 
410,115
1,025,299
LEG Immobilien SE
 
43,893
2,634,522
TAG Immobilien AG (e)
 
114,988
1,831,184
Vonovia SE
 
423,610
10,277,056
 
 
 
15,768,061
TOTAL REAL ESTATE
 
 
17,011,911
Utilities - 0.2%
 
 
 
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
RWE AG
 
375,323
24,747,717
Multi-Utilities - 0.1%
 
 
 
E.ON SE
 
1,308,893
28,197,842
TOTAL UTILITIES
 
 
52,945,559
TOTAL GERMANY
 
 
1,185,926,215
GRAND CAYMAN (UK OVERSEAS TER) - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
Patria Investments Ltd Class A
 
41,734
451,562
GREECE - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Hellenic Telecommunications Organization SA
 
83,191
1,920,553
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Allwyn AG
 
97,789
1,511,501
Ballys Intralot SA
 
386,826
488,445
 
 
 
1,999,946
Specialty Retail - 0.0%
 
 
 
FF Group (d)(g)
 
881
0
JUMBO SA
 
69,160
1,929,995
 
 
 
1,929,995
TOTAL CONSUMER DISCRETIONARY
 
 
3,929,941
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
HELLENiQ ENERGY Holdings S.A.
 
57,131
856,448
Motor Oil Hellas Corinth Refineries SA
 
36,809
2,156,272
TOTAL ENERGY
 
 
3,012,720
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Alpha Bank SA
 
952,135
4,683,874
CrediaBank SA (d)
 
628,478
724,729
Eurobank SA
 
1,463,615
7,510,566
National Bank of Greece SA
 
488,902
9,076,815
Optima bank SA
 
112,919
1,356,815
Piraeus Bank SA
 
637,224
7,348,149
TOTAL FINANCIALS
 
 
30,700,948
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
GEK TERNA SA
 
43,488
2,267,701
Industrial Conglomerates - 0.0%
 
 
 
Metlen Energy & Metals PLC (e)
 
58,641
3,125,483
Passenger Airlines - 0.0%
 
 
 
Aegean Airlines SA
 
29,712
416,288
Transportation Infrastructure - 0.0%
 
 
 
Athens International Airport SA
 
38,066
463,540
TOTAL INDUSTRIALS
 
 
6,273,012
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
LAMDA Development SA (d)
 
50,632
368,709
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Holding Co ADMIE IPTO SA
 
122,500
635,674
Public Power Corp SA
 
156,122
4,014,715
TOTAL UTILITIES
 
 
4,650,389
TOTAL GREECE
 
 
50,856,272
GUATEMALA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Millicom International Cellular SA (e)
 
53,808
5,137,588
HONG KONG - 1.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
HKT Trust & HKT Ltd unit
 
2,079,622
3,518,895
PCCW Ltd
 
2,605,545
1,953,561
 
 
 
5,472,456
Entertainment - 0.0%
 
 
 
Damai Entertainment Holdings Ltd (d)(e)
 
7,075,050
469,120
SMI Holdings Group Ltd (d)(g)
 
7,200
0
 
 
 
469,120
TOTAL COMMUNICATION SERVICES
 
 
5,941,576
Consumer Discretionary - 0.0%
 
 
 
Automobile Components - 0.0%
 
 
 
Johnson Electric Holdings Ltd
 
226,929
537,923
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Melco International Development Ltd (d)(e)
 
566,000
265,592
Melco Resorts & Entertainment Ltd ADR (d)
 
94,380
540,798
 
 
 
806,390
Household Durables - 0.0%
 
 
 
Man Wah Holdings Ltd (e)
 
1,308,707
525,659
Skyworth Group Ltd (d)
 
392,000
217,433
 
 
 
743,092
Specialty Retail - 0.0%
 
 
 
Luk Fook Holdings International Ltd
 
188,685
592,829
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Chow Sang Sang Holdings International Ltd
 
247,000
366,292
Stella International Holdings Ltd (e)
 
475,743
883,252
Yue Yuen Industrial Holdings Ltd (e)
 
502,119
907,892
 
 
 
2,157,436
TOTAL CONSUMER DISCRETIONARY
 
 
4,837,670
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
DFI Retail Group Holdings Ltd
 
190,600
753,584
Food Products - 0.0%
 
 
 
Vitasoy International Holdings Ltd
 
550,225
454,639
WH Group Ltd (b)(c)
 
4,447,066
4,791,608
 
 
 
5,246,247
TOTAL CONSUMER STAPLES
 
 
5,999,831
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Brightoil Petroleum Holdings Ltd (d)(g)
 
26,000
0
Financials - 0.6%
 
 
 
Banks - 0.0%
 
 
 
Bank of East Asia Ltd/The
 
603,246
1,283,044
Dah Sing Financial Holdings Ltd
 
129,908
825,922
 
 
 
2,108,966
Capital Markets - 0.2%
 
 
 
Bright Smart Securities & Commodities Group Ltd (d)(e)
 
482,000
393,348
Futu Holdings Ltd Class A ADR
 
28,430
2,988,562
Guotai Junan International Holdings Ltd (e)(g)
 
1,585,000
420,382
Hong Kong Exchanges & Clearing Ltd
 
699,920
36,467,828
 
 
 
40,270,120
Insurance - 0.4%
 
 
 
AIA Group Ltd
 
6,135,016
61,846,473
Prudential PLC
 
1,474,068
22,153,105
 
 
 
83,999,578
TOTAL FINANCIALS
 
 
126,378,664
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Grand Pharmaceutical Group Ltd
 
775,039
509,946
SSY Group Ltd (e)
 
1,578,300
478,980
United Laboratories International Holdings Ltd/The (e)
 
719,961
818,889
TOTAL HEALTH CARE
 
 
1,807,815
Industrials - 0.1%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Envision Greenwise Holdings Ltd (c)(d)(e)
 
1,193,000
730,185
Electrical Equipment - 0.0%
 
 
 
Time Interconnect Technology Ltd (e)
 
401,000
674,435
Ground Transportation - 0.0%
 
 
 
MTR Corp Ltd (e)
 
885,608
3,740,097
Industrial Conglomerates - 0.0%
 
 
 
CTF Services Ltd
 
794,933
831,180
Swire Pacific Ltd A Shares
 
201,158
2,552,181
 
 
 
3,383,361
Machinery - 0.1%
 
 
 
Techtronic Industries Co Ltd
 
804,254
13,536,868
Marine Transportation - 0.0%
 
 
 
Orient Overseas International Ltd (e)
 
81,745
1,595,833
Pacific Basin Shipping Ltd
 
2,556,102
1,069,062
 
 
 
2,664,895
Trading Companies & Distributors - 0.0%
 
 
 
Realord Technology Co Ltd (d)(e)
 
294,000
263,169
Transportation Infrastructure - 0.0%
 
 
 
Hutchison Port Holdings Trust
 
2,998,946
573,587
TOTAL INDUSTRIALS
 
 
25,566,597
Information Technology - 0.0%
 
 
 
Communications Equipment - 0.0%
 
 
 
VTech Holdings Ltd (e)
 
103,273
680,155
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Cowell e Holdings Inc (e)
 
171,314
449,999
Kingboard Laminates Holdings Ltd
 
591,199
2,217,826
MH Development Ltd (d)(g)
 
74,000
0
Wasion Holdings Ltd
 
281,880
636,192
 
 
 
3,304,017
IT Services - 0.0%
 
 
 
SUNeVision Holdings Ltd (e)
 
402,000
247,585
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
ASMPT Ltd
 
185,798
3,584,520
TOTAL INFORMATION TECHNOLOGY
 
 
7,816,277
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Jiaxin International Resources Investment Ltd (e)
 
52,800
371,640
Tongguan Gold Group Ltd
 
1,458,000
381,121
Zijin Gold International Co Ltd
 
202,700
3,055,078
TOTAL MATERIALS
 
 
3,807,839
Real Estate - 0.2%
 
 
 
Real Estate Management & Development - 0.2%
 
 
 
Art Group Holdings Ltd (d)(e)
 
990,000
345,889
CK Asset Holdings Ltd
 
1,012,035
6,173,589
Hang Lung Group Ltd
 
531,000
935,737
Hang Lung Properties Ltd
 
1,102,854
1,025,172
Henderson Land Development Co Ltd (e)
 
792,886
2,871,310
Hongkong Land Holdings Ltd (Singapore)
 
564,684
4,578,878
Hysan Development Co Ltd
 
355,691
845,868
Kerry Properties Ltd
 
383,616
957,768
New World Development Co Ltd (d)(e)
 
826,715
725,263
Sino Land Co Ltd (e)
 
2,183,802
2,979,532
Sun Hung Kai Properties Ltd
 
763,736
11,986,723
Wharf Real Estate Investment Co Ltd
 
947,238
3,210,444
 
 
 
36,636,173
Retail REITs - 0.0%
 
 
 
Fortune Real Estate Investment Trust
 
1,005,863
619,493
Link REIT (e)
 
1,552,208
7,742,831
 
 
 
8,362,324
TOTAL REAL ESTATE
 
 
44,998,497
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
CK Infrastructure Holdings Ltd
 
346,743
2,767,789
CLP Holdings Ltd
 
943,843
9,384,014
Power Assets Holdings Ltd
 
810,165
6,100,204
 
 
 
18,252,007
Gas Utilities - 0.0%
 
 
 
Hong Kong & China Gas Co Ltd
 
6,438,943
5,771,928
TOTAL UTILITIES
 
 
24,023,935
TOTAL HONG KONG
 
 
251,178,701
HUNGARY - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Magyar Telekom Telecommunications PLC
 
161,907
1,405,198
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
MOL Hungarian Oil & Gas PLC Class A (d)
 
214,831
3,075,860
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
OTP Bank Nyrt
 
126,086
18,658,195
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Richter Gedeon Nyrt
 
80,723
3,010,583
TOTAL HUNGARY
 
 
26,149,836
INDIA - 4.0%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
HFCL Ltd
 
546,673
1,112,316
Indus Towers Ltd (d)
 
743,551
3,049,677
Tata Communications Ltd
 
68,871
1,267,904
 
 
 
5,429,897
Entertainment - 0.0%
 
 
 
PVR Inox Ltd (d)
 
54,820
649,620
Interactive Media & Services - 0.0%
 
 
 
Info Edge India Ltd
 
201,571
2,589,769
Media - 0.0%
 
 
 
Affle 3i Ltd (d)
 
44,192
734,821
Sun TV Network Ltd
 
66,370
353,864
Zee Entertainment Enterprises Ltd
 
625,587
750,967
 
 
 
1,839,652
Wireless Telecommunication Services - 0.2%
 
 
 
Bharti Airtel Ltd
 
1,596,625
32,993,842
Vodafone Idea Ltd (d)
 
15,322,057
2,089,809
 
 
 
35,083,651
TOTAL COMMUNICATION SERVICES
 
 
45,592,589
Consumer Discretionary - 0.5%
 
 
 
Automobile Components - 0.1%
 
 
 
Apollo Tyres Ltd
 
195,315
876,264
Asahi India Glass Ltd
 
55,781
512,664
Balkrishna Industries Ltd
 
44,446
1,152,423
Belrise Industries Ltd
 
185,582
460,332
Bharat Forge Ltd
 
138,326
3,187,395
Bosch Ltd (d)
 
4,174
1,797,452
Ceat Ltd
 
14,605
524,939
CIE Automotive India Ltd
 
88,918
380,804
Endurance Technologies Ltd (b)(c)
 
24,484
707,951
Exide Industries Ltd
 
315,735
1,488,174
Gabriel India Ltd
 
48,829
737,740
JK Tyre & Industries Ltd
 
117,864
493,685
Lumax Auto Technologies Ltd
 
19,198
315,636
Minda Corp Ltd
 
53,186
390,772
Motherson Sumi Wiring India Ltd
 
1,898,232
807,893
MRF Ltd
 
1,406
1,956,473
Samvardhana Motherson International Ltd
 
2,476,931
3,913,097
Sansera Engineering Ltd (b)(c)
 
26,198
918,557
SKF India Ltd
 
18,558
287,866
Sona Blw Precision Forgings Ltd (b)(c)
 
262,450
2,116,192
Sundram Fasteners Ltd
 
72,494
742,640
Tube Investments of India Ltd
 
59,303
1,711,000
TVS Holdings Ltd
 
3,109
479,287
UNO Minda Ltd
 
122,647
1,517,345
ZF Commercial Vehicle Control Systems India Ltd
 
29,595
749,920
 
 
 
28,226,501
Automobiles - 0.2%
 
 
 
Bajaj Auto Ltd
 
39,249
4,739,006
Eicher Motors Ltd
 
80,393
6,597,747
Hero MotoCorp Ltd
 
70,138
3,960,355
Mahindra & Mahindra Ltd
 
509,234
18,137,371
Maruti Suzuki India Ltd
 
68,747
10,254,573
Ola Electric Mobility Ltd (d)
 
1,248,766
506,169
Tata Motors Passenger Vehicles Limited
 
1,108,127
3,945,475
TVS Motor Co Ltd
 
136,826
6,183,309
 
 
 
54,324,005
Broadline Retail - 0.0%
 
 
 
Vishal Mega Mart Ltd (d)
 
1,378,745
1,547,976
Diversified Consumer Services - 0.0%
 
 
 
Physicswallah Ltd (b)(d)
 
375,911
491,692
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Chalet Hotels Ltd
 
48,253
410,590
Devyani International Ltd (d)
 
263,597
315,250
EIH Ltd
 
144,556
495,408
Eternal Ltd (d)
 
1,399,972
4,437,867
Indian Hotels Co Ltd/The
 
504,285
3,904,619
ITC Hotels Ltd
 
502,114
854,302
Jubilant Foodworks Ltd
 
237,963
1,093,458
Lemon Tree Hotels Ltd (b)(c)(d)
 
362,809
415,736
Sapphire Foods India Ltd (d)
 
154,779
300,225
Swiggy Ltd (d)
 
849,412
2,535,987
Tbo Tek Ltd (d)
 
23,654
379,329
 
 
 
15,142,771
Household Durables - 0.0%
 
 
 
Amber Enterprises India Ltd (d)
 
13,690
1,068,216
Crompton Greaves Consumer Electricals Ltd
 
428,084
1,166,874
Dixon Technologies India Ltd (c)
 
21,501
3,165,145
Whirlpool of India Ltd
 
56,301
473,865
 
 
 
5,874,100
Specialty Retail - 0.0%
 
 
 
Aditya Birla Lifestyle Brands Ltd (d)
 
433,898
430,454
Cartrade Tech Ltd (d)
 
27,984
797,684
FSN E-Commerce Ventures Ltd (d)
 
747,791
2,614,564
Trent Ltd
 
156,708
4,936,492
 
 
 
8,779,194
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Arvind Ltd (d)
 
98,835
531,576
Bata India Ltd
 
55,496
404,877
Kalyan Jewellers India Ltd
 
238,875
1,533,099
KPR Mill Ltd
 
69,467
764,135
Page Industries Ltd
 
4,008
1,695,805
Titan Co Ltd
 
207,421
10,592,682
Vardhman Textiles Ltd
 
69,557
426,920
 
 
 
15,949,094
TOTAL CONSUMER DISCRETIONARY
 
 
130,335,333
Consumer Staples - 0.2%
 
 
 
Beverages - 0.0%
 
 
 
Radico Khaitan Ltd
 
43,880
1,996,218
Tilaknagar Industries Ltd
 
77,317
377,038
United Spirits Ltd
 
174,178
2,768,191
Varun Beverages Ltd
 
741,885
3,438,733
 
 
 
8,580,180
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Avenue Supermarts Ltd (b)(c)(d)
 
85,549
3,518,699
Medplus Health Services Ltd (d)
 
55,011
406,472
 
 
 
3,925,171
Food Products - 0.1%
 
 
 
Avanti Feeds Ltd
 
23,080
217,542
AWL Agri Business Ltd
 
349,045
692,947
Balrampur Chini Mills Ltd
 
88,965
546,579
Bikaji Foods International Ltd
 
63,982
430,425
Britannia Industries Ltd
 
63,050
3,579,074
CCL Products India Ltd
 
49,348
597,408
LT Foods Ltd
 
108,583
467,086
Marico Ltd
 
305,585
2,788,449
Nestle India Ltd
 
334,902
5,297,718
Tata Consumer Products Ltd
 
324,804
3,686,458
Zydus Wellness Ltd
 
71,715
434,007
 
 
 
18,737,693
Personal Care Products - 0.1%
 
 
 
Colgate-Palmolive India Ltd
 
79,467
1,729,420
Dabur India Ltd
 
318,292
1,406,102
Emami Ltd
 
132,001
550,844
Gillette India Ltd
 
4,816
384,722
Godrej Consumer Products Ltd
 
235,699
2,644,253
Hindustan Unilever Ltd
 
410,634
9,041,558
Honasa Consumer Ltd (d)
 
88,813
418,088
 
 
 
16,174,987
Tobacco - 0.0%
 
 
 
Godfrey Phillips India Ltd
 
22,571
505,036
ITC Ltd
 
1,757,376
5,175,000
 
 
 
5,680,036
TOTAL CONSUMER STAPLES
 
 
53,098,067
Energy - 0.3%
 
 
 
Oil, Gas & Consumable Fuels - 0.3%
 
 
 
Aegis Logistics Ltd
 
76,563
1,026,608
Bharat Petroleum Corp Ltd
 
946,631
3,164,448
Chennai Petroleum Corp Ltd
 
28,772
380,113
Coal India Ltd
 
887,661
3,854,760
Great Eastern Shipping Co Ltd/The
 
56,585
800,819
Gspl Transmission Ltd (g)
 
71,763
112,846
Gujarat Mineral Development Corp Ltd
 
54,041
320,190
Hindustan Petroleum Corp Ltd
 
560,901
2,283,166
Indian Oil Corp Ltd
 
1,642,600
2,408,537
Oil & Natural Gas Corp Ltd
 
1,490,056
3,797,115
Oil India Ltd
 
243,532
1,173,726
Petronet LNG Ltd
 
467,283
1,374,703
Reliance Industries Ltd
 
3,550,888
48,629,570
Vedanta Oil and Gas Ltd
 
738,352
272,616
TOTAL ENERGY
 
 
69,599,217
Financials - 1.1%
 
 
 
Banks - 0.7%
 
 
 
AU Small Finance Bank Ltd (b)(c)
 
342,101
3,755,582
Axis Bank Ltd
 
1,343,569
17,306,113
Bandhan Bank Ltd (b)(c)
 
497,826
908,282
Bank of Baroda
 
615,024
1,563,656
Canara Bank
 
1,184,439
1,550,843
City Union Bank Ltd
 
335,332
725,689
Federal Bank Ltd
 
1,100,179
4,137,201
HDFC Bank Ltd/Gift City
 
6,645,060
52,056,485
ICICI Bank Ltd
 
3,090,737
46,463,348
IDFC First Bank Ltd (d)
 
2,590,370
2,298,732
Indian Bank
 
169,499
1,485,280
IndusInd Bank Ltd
 
359,471
3,813,182
Jammu & Kashmir Bank Ltd/The
 
337,025
550,785
Karnataka Bank Ltd/The
 
149,896
447,280
Karur Vysya Bank Ltd/The
 
283,854
1,019,371
Kotak Mahindra Bank Ltd
 
3,206,011
13,109,477
Punjab National Bank
 
1,420,956
1,678,039
South Indian Bank Ltd/The
 
806,128
394,515
State Bank of India
 
1,072,323
11,543,825
Tamilnad Mercantile Bank Ltd
 
53,135
474,382
Ujjivan Small Finance Bank Ltd (b)(c)(d)
 
822,509
618,375
Union Bank of India Ltd
 
906,935
1,627,785
Yes Bank Ltd (d)
 
9,219,716
2,199,690
 
 
 
169,727,917
Capital Markets - 0.1%
 
 
 
360 ONE WAM Ltd
 
139,512
1,658,167
Aditya Birla Sun Life Asset Management Co Ltd
 
47,788
506,479
Anand Rathi Wealth Ltd
 
49,939
1,085,433
Angel One Ltd
 
269,929
842,808
BSE Ltd
 
115,591
4,416,255
Central Depository Services India Ltd (c)
 
71,568
999,453
CRISIL Ltd
 
11,799
539,447
Edelweiss Financial Services Ltd
 
347,293
420,222
HDFC Asset Management Co Ltd (b)(c)
 
119,476
3,274,152
Indian Energy Exchange Ltd (b)(c)
 
379,472
525,886
JM Financial Ltd
 
296,722
379,879
Kfin Technologies Ltd
 
74,281
729,760
Motilal Oswal Financial Services Ltd
 
93,971
839,250
Multi Commodity Exchange of India Ltd
 
75,456
2,129,143
Nippon Life India Asset Management Ltd (b)(c)
 
96,312
1,171,900
Nuvama Wealth Management Ltd
 
50,027
945,671
Prudent Corporate Advisory Services Ltd
 
11,630
401,121
Tata Investment Corp Ltd
 
80,222
571,342
UTI Asset Management Co Ltd
 
31,453
297,624
 
 
 
21,733,992
Consumer Finance - 0.2%
 
 
 
Bajaj Finance Ltd
 
1,460,481
17,463,615
Cholamandalam Financial Holdings Ltd
 
60,738
976,231
Cholamandalam Investment and Finance Co Ltd
 
250,799
4,861,448
CreditAccess Grameen Ltd (d)
 
33,556
560,105
Five-Star Business Finance Ltd
 
111,799
641,912
L&T Finance Ltd
 
539,435
1,759,591
Mahindra & Mahindra Financial Services Ltd
 
310,229
1,253,909
Manappuram Finance Ltd
 
336,658
1,311,904
Muthoot Finance Ltd
 
65,815
2,150,867
Poonawalla Fincorp Ltd (d)
 
200,024
971,751
SBI Cards & Payment Services Ltd
 
180,219
1,246,216
Shriram Finance Ltd
 
837,779
9,184,583
Sundaram Finance Ltd
 
39,432
1,927,713
 
 
 
44,309,845
Financial Services - 0.1%
 
 
 
Aadhar Housing Finance Ltd (d)
 
79,774
415,294
Aavas Financiers Ltd (d)
 
30,306
431,739
Aditya Birla Capital Ltd (d)
 
467,092
1,978,951
Aptus Value Housing Finance India Ltd
 
241,318
660,424
Bajaj Finserv Ltd
 
231,572
4,923,290
Bajaj Holdings & Investment Ltd
 
16,674
1,982,272
Can Fin Homes Ltd
 
66,426
571,202
Home First Finance Co India Ltd (b)(c)
 
60,175
749,692
IIFL Finance Ltd
 
134,119
855,404
Indian Renewable Energy Development Agency Ltd
 
631,413
791,156
Jio Financial Services Ltd
 
1,663,621
4,471,972
JSW Holdings Ltd/India (d)
 
1,963
231,503
LIC Housing Finance Ltd
 
205,157
1,124,641
One 97 Communications Ltd (d)
 
224,845
3,164,429
Piramal Finance Ltd
 
62,885
1,354,335
PNB Housing Finance Ltd (b)(c)
 
118,998
1,313,102
Power Finance Corp Ltd
 
785,505
3,492,611
REC Ltd
 
699,335
2,733,088
Sammaan Capital Ltd (d)
 
414,402
705,243
 
 
 
31,950,348
Insurance - 0.0%
 
 
 
Go Digit General Insurance Ltd (d)
 
157,371
419,318
HDFC Life Insurance Co Ltd (b)(c)
 
573,473
3,295,857
ICICI Lombard General Insurance Co Ltd (b)(c)
 
146,241
2,489,165
ICICI Prudential Life Insurance Co Ltd (b)(c)
 
245,817
1,327,554
Max Financial Services Ltd (d)
 
156,504
2,457,965
PB Fintech Ltd (d)
 
209,102
3,511,271
SBI Life Insurance Co Ltd (b)(c)
 
268,109
5,286,805
Star Health & Allied Insurance Co Ltd (d)
 
153,020
963,377
 
 
 
19,751,312
TOTAL FINANCIALS
 
 
287,473,414
Health Care - 0.3%
 
 
 
Biotechnology - 0.0%
 
 
 
Biocon Ltd
 
387,645
1,729,342
Health Care Equipment & Supplies - 0.0%
 
 
 
Poly Medicure Ltd
 
20,992
374,427
Health Care Providers & Services - 0.1%
 
 
 
Apollo Hospitals Enterprise Ltd
 
58,382
5,478,680
Aster DM Quality Care Ltd (b)(c)
 
144,435
1,244,921
Dr Agarwal's Health Care Ltd (d)
 
72,502
363,203
Dr Lal PathLabs Ltd (b)(c)
 
48,898
976,906
Fortis Healthcare Ltd
 
286,895
2,843,120
Global Health Ltd/India
 
54,774
807,031
Krishna Institute of Medical Sciences Ltd (b)(c)(d)
 
146,565
1,236,559
Max Healthcare Institute Ltd
 
411,409
4,736,380
Metropolis Healthcare Ltd (b)(c)
 
76,104
464,498
Narayana Hrudayalaya Ltd (c)
 
39,295
836,019
Rainbow Children's Medicare Ltd
 
34,175
546,251
Vijaya Diagnostic Centre Ltd
 
43,001
606,120
 
 
 
20,139,688
Health Care Technology - 0.0%
 
 
 
Inventurus Knowledge Solutions Ltd (d)
 
29,001
562,184
Life Sciences Tools & Services - 0.0%
 
 
 
Anthem Biosciences Ltd
 
56,527
479,624
Divi's Laboratories Ltd
 
69,592
5,876,380
Onesource Specialty Pharma Ltd (d)
 
35,543
603,210
SAI Life Sciences Ltd (b)(c)(d)
 
81,274
1,120,908
Syngene International Ltd (b)(c)
 
118,602
479,854
 
 
 
8,559,976
Pharmaceuticals - 0.2%
 
 
 
Acutaas Chemicals Ltd
 
29,487
959,633
Ajanta Pharma Ltd
 
29,380
1,067,255
Alembic Pharmaceuticals Ltd
 
37,302
311,798
Alkem Laboratories Ltd
 
27,300
1,645,756
Aurobindo Pharma Ltd
 
154,460
2,557,494
Cipla Ltd/India
 
301,856
4,659,854
Cohance Lifesciences Ltd (d)
 
89,104
396,976
Dr Reddy's Laboratories Ltd
 
291,157
3,494,136
Eris Lifesciences Ltd (b)(c)
 
30,114
427,553
Gland Pharma Ltd (b)(c)
 
22,359
586,609
GlaxoSmithKline Pharmaceuticals Ltd
 
24,998
695,643
Glenmark Pharmaceuticals Ltd
 
85,837
2,009,929
Granules India Ltd
 
73,082
631,814
Ipca Laboratories Ltd
 
82,483
1,511,254
JB Chemicals & Pharmaceuticals Ltd
 
52,357
1,434,001
Jubilant Pharmova Ltd
 
54,588
535,230
Laurus Labs Ltd (b)(c)
 
206,500
3,932,164
Lupin Ltd
 
135,312
3,425,712
Mankind Pharma Ltd
 
62,670
1,622,129
Marksans Pharma Ltd
 
171,251
463,714
Natco Pharma Ltd
 
52,696
506,519
Neuland Laboratories Ltd
 
4,954
988,954
Piramal Pharma Ltd (d)
 
425,423
872,164
Strides Pharma Science Ltd
 
42,735
459,248
Sun Pharmaceutical Industries Ltd
 
524,809
10,945,305
Torrent Pharmaceuticals Ltd
 
58,889
3,163,581
Wockhardt Ltd (d)
 
44,953
923,688
Zydus Lifesciences Ltd
 
112,194
1,324,973
 
 
 
51,553,086
TOTAL HEALTH CARE
 
 
82,918,703
Industrials - 0.5%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Bharat Electronics Ltd
 
2,020,737
8,215,272
Data Patterns India Ltd
 
14,480
649,850
Garden Reach Shipbuilders & Engineers Ltd
 
18,130
494,312
Hindustan Aeronautics Ltd (c)
 
97,491
4,750,096
Zen Technologies Ltd
 
31,797
541,406
 
 
 
14,650,936
Air Freight & Logistics - 0.0%
 
 
 
Blue Dart Express Ltd
 
6,511
352,398
Delhivery Ltd (d)
 
306,969
1,550,109
 
 
 
1,902,507
Building Products - 0.0%
 
 
 
Astral Ltd
 
66,602
1,010,850
Blue Star Ltd
 
74,203
1,307,690
Kajaria Ceramics Ltd
 
47,655
598,418
Supreme Industries Ltd
 
38,206
1,387,836
 
 
 
4,304,794
Commercial Services & Supplies - 0.0%
 
 
 
CMS Info Systems Ltd
 
125,449
346,883
Doms Industries Ltd
 
15,839
375,213
 
 
 
722,096
Construction & Engineering - 0.1%
 
 
 
Afcons Infrastructure Ltd
 
110,154
313,058
Engineers India Ltd
 
165,114
384,728
Hindustan Construction Co Ltd (d)
 
1,774,020
398,402
IRB Infrastructure Developers Ltd
 
2,391,684
501,487
IRCON International Ltd (b)(c)
 
250,467
330,519
Kalpataru Projects International Ltd
 
80,184
1,083,830
KEC International Ltd (d)
 
96,622
475,375
Larsen & Toubro Ltd
 
391,592
16,155,799
NBCC India Ltd
 
774,098
768,721
NCC Ltd/India
 
370,196
547,367
Praj Industries Ltd
 
83,479
272,935
Techno Electric & Engineering Co Ltd
 
36,511
374,839
Voltas Ltd
 
127,252
1,772,860
 
 
 
23,379,920
Electrical Equipment - 0.2%
 
 
 
ABB India Ltd
 
27,364
2,088,136
Amara Raja Energy & Mobility Ltd
 
73,987
705,886
Bharat Heavy Electricals Ltd
 
714,996
3,048,905
CG Power & Industrial Solutions Ltd
 
368,906
3,338,293
Finolex Cables Ltd
 
50,503
522,413
GE Vernova T&D India Ltd
 
74,785
3,387,185
Havells India Ltd
 
123,238
1,628,536
HBL Engineering Ltd
 
68,721
517,728
Hitachi Energy India Ltd
 
7,199
2,426,901
Inox Wind Ltd (d)
 
640,451
523,818
KEI Industries Ltd
 
38,503
2,016,863
Polycab India Ltd
 
30,941
2,952,236
RR Kabel Ltd
 
23,809
649,171
Schneider Electric Infrastructure Ltd (d)
 
33,784
478,954
Siemens Energy India Ltd
 
51,375
1,739,733
Suzlon Energy Ltd (d)
 
6,269,412
3,151,156
TD Power Systems Ltd
 
66,877
792,188
Triveni Turbine Ltd
 
90,868
573,512
V-Guard Industries Ltd
 
140,281
462,135
Voltamp Transformers Ltd
 
4,415
458,955
 
 
 
31,462,704
Ground Transportation - 0.0%
 
 
 
Container Corp Of India Ltd
 
168,550
928,099
Industrial Conglomerates - 0.0%
 
 
 
3M India Ltd
 
1,595
578,828
Apar Industries Ltd (d)
 
9,892
1,488,487
Nava Ltd
 
95,878
555,953
Siemens Ltd
 
47,408
1,867,821
 
 
 
4,491,089
Machinery - 0.1%
 
 
 
Action Construction Equipment Ltd
 
31,693
355,483
AIA Engineering Ltd
 
23,909
1,150,403
Ashok Leyland Ltd
 
1,640,663
2,856,847
Azad Engineering Ltd (d)
 
20,573
494,351
BEML Ltd
 
32,724
600,566
Craftsman Automation Ltd
 
7,555
782,172
Cummins India Ltd
 
76,391
4,419,264
Elgi Equipments Ltd
 
112,904
673,937
Escorts Kubota Ltd
 
24,023
777,081
Force Motors Ltd
 
2,882
540,333
Grindwell Norton Ltd
 
28,120
625,556
Jyoti CNC Automation Ltd (c)(d)
 
45,828
388,333
Kirloskar Brothers Ltd
 
18,393
360,541
Kirloskar Oil Engines Ltd
 
46,588
1,069,462
Kirloskar Pneumatic Co Ltd
 
28,185
437,767
KSB Ltd
 
37,843
339,557
LMW Ltd
 
2,535
429,019
MTAR Technologies Ltd (c)(d)
 
12,684
762,908
Shaily Engineering Plastics Ltd
 
12,907
414,212
SKF India Industrial Ltd
 
14,676
421,106
Tata Motors Ltd /new
 
1,086,851
4,973,020
Thermax Limited
 
23,557
1,063,624
Timken India Ltd
 
23,808
784,918
Titagarh Rail System Ltd
 
68,190
589,434
Vesuvius India Ltd
 
61,922
287,980
 
 
 
25,597,874
Marine Transportation - 0.0%
 
 
 
Shipping Corp of India Ltd
 
109,885
335,581
Passenger Airlines - 0.0%
 
 
 
InterGlobe Aviation Ltd (b)(c)
 
113,576
6,151,596
Professional Services - 0.0%
 
 
 
Computer Age Management Services Ltd
 
128,890
1,075,454
eClerx Services Ltd
 
24,554
475,354
Firstsource Solutions Ltd
 
179,819
569,341
Sagility Ltd (c)
 
1,580,346
719,479
 
 
 
2,839,628
Trading Companies & Distributors - 0.0%
 
 
 
Adani Enterprises Ltd
 
105,162
3,316,364
IndiaMart InterMesh Ltd (b)(c)
 
24,032
453,020
 
 
 
3,769,384
Transportation Infrastructure - 0.0%
 
 
 
Adani Ports & Special Economic Zone Ltd
 
299,443
5,321,455
GMR Airports Ltd (d)
 
1,636,512
1,805,106
Gujarat Pipavav Port Ltd
 
264,931
417,166
 
 
 
7,543,727
TOTAL INDUSTRIALS
 
 
128,079,935
Information Technology - 0.3%
 
 
 
Communications Equipment - 0.0%
 
 
 
Astra Microwave Products Ltd
 
37,597
733,689
Tejas Networks Ltd (b)(c)(d)
 
47,391
254,665
 
 
 
988,354
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Aditya Infotech Ltd
 
16,744
595,242
Honeywell Automation India Ltd
 
1,391
556,534
Kaynes Technology India Ltd (d)
 
18,737
746,887
PG Electroplast Ltd
 
106,140
681,888
Redington Ltd
 
338,195
1,139,979
Syrma SGS Technology Ltd
 
44,865
642,516
 
 
 
4,363,046
IT Services - 0.3%
 
 
 
Coforge Ltd
 
188,787
3,405,863
Cyient Ltd
 
66,572
592,176
HCL Technologies Ltd
 
520,555
7,362,854
Hexaware Technologies Ltd
 
86,441
510,425
Infosys Ltd
 
1,783,341
21,189,953
LTM Ltd (b)(c)
 
39,720
1,818,869
Mphasis Ltd
 
73,731
1,814,826
Persistent Systems Ltd
 
59,907
3,487,572
Sonata Software Ltd
 
101,537
343,520
Tata Consultancy Services Ltd
 
476,677
11,829,247
Tata Technologies Ltd
 
106,575
835,718
Tech Mahindra Ltd
 
316,858
5,503,155
Wipro Ltd
 
1,446,020
2,789,851
Zensar Technologies Ltd
 
89,045
474,222
 
 
 
61,958,251
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Premier Energies Ltd (b)(c)
 
72,204
773,167
WAAREE Energies Ltd
 
48,552
1,362,190
 
 
 
2,135,357
Software - 0.0%
 
 
 
Birlasoft Ltd
 
110,699
351,133
BlackBuck Ltd (d)
 
71,005
404,111
Intellect Design Arena Ltd
 
71,093
536,564
KPIT Technologies Ltd
 
107,566
674,470
Oracle Financial Services Software Ltd
 
12,804
1,501,823
Tata Elxsi Ltd
 
19,546
754,087
 
 
 
4,222,188
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
Netweb Technologies India Ltd
 
9,307
441,771
TOTAL INFORMATION TECHNOLOGY
 
 
74,108,967
Materials - 0.4%
 
 
 
Chemicals - 0.1%
 
 
 
Aarti Industries Ltd
 
107,990
553,605
Asian Paints Ltd
 
221,666
6,377,921
Atul Ltd
 
8,364
590,630
BASF India Ltd
 
8,732
332,586
Bayer CropScience Ltd/India
 
8,550
379,453
Carborundum Universal Ltd
 
68,795
766,699
Castrol India Ltd
 
253,080
491,240
Chambal Fertilisers and Chemicals Ltd
 
105,744
486,215
Coromandel International Ltd
 
77,443
1,683,362
Deepak Fertilisers & Petrochemicals Corp Ltd
 
40,975
666,845
Deepak Nitrite Ltd
 
38,130
664,175
Eid Parry (India) Ltd (d)
 
60,841
484,685
Fine Organic Industries Ltd
 
5,279
266,643
Finolex Industries Ltd
 
192,685
328,055
Gujarat Fluorochemicals Ltd
 
18,289
836,716
Gujarat Narmada Valley Fertilizers & Chemicals Ltd
 
67,331
360,109
Gujarat State Fertilizers & Chemicals Ltd
 
230,052
382,851
Himadri Speciality Chemical Ltd
 
98,077
771,430
Jubilant Ingrevia Ltd
 
54,030
416,700
Kansai Nerolac Paints Ltd
 
127,745
263,405
Navin Fluorine International Ltd
 
21,633
1,716,076
Paradeep Phosphates Ltd (b)(c)
 
248,190
382,971
PCBL CHEMICAL Ltd
 
105,557
351,588
PI Industries Ltd
 
46,162
1,331,197
Pidilite Industries Ltd
 
170,952
2,887,497
Solar Industries India Ltd
 
13,159
2,537,172
SRF Ltd
 
82,195
2,258,982
Sumitomo Chemical India Ltd
 
99,341
531,418
Supreme Petrochem Ltd
 
40,156
300,168
Tata Chemicals Ltd
 
82,967
585,703
UPL Ltd
 
294,979
1,868,596
 
 
 
31,854,693
Construction Materials - 0.1%
 
 
 
ACC Ltd
 
54,082
769,566
Ambuja Cements Ltd
 
395,311
1,789,648
Grasim Industries Ltd
 
157,742
5,124,896
JK Cement Ltd
 
21,264
1,212,814
JK Lakshmi Cement Ltd
 
47,221
279,634
Nuvoco Vistas Corp Ltd (d)
 
83,139
300,392
Ramco Cements Ltd/The
 
66,362
638,575
Shree Cement Ltd
 
5,372
1,467,103
UltraTech Cement Ltd
 
59,783
7,457,351
 
 
 
19,039,979
Containers & Packaging - 0.0%
 
 
 
Time Technoplast Ltd
 
183,074
400,201
Metals & Mining - 0.2%
 
 
 
APL Apollo Tubes Ltd
 
107,447
2,048,970
Godawari Power and Ispat Ltd
 
150,311
381,904
Gravita India Ltd (d)
 
19,523
330,877
Hindalco Industries Ltd
 
758,184
7,771,042
Hindustan Copper Ltd
 
171,708
887,283
Jindal Saw Ltd
 
165,796
446,570
Jindal Stainless Ltd
 
175,027
1,348,120
Jindal Steel Ltd
 
208,856
2,415,770
JSW Steel Ltd
 
354,041
4,713,794
National Aluminium Co Ltd
 
502,564
1,849,450
NMDC Ltd
 
1,823,246
1,626,499
PTC Industries Ltd (d)
 
2,916
542,281
Ramkrishna Forgings Ltd
 
55,771
380,682
Ratnamani Metals & Tubes Ltd
 
15,899
393,444
Sarda Energy & Minerals Ltd
 
56,105
303,813
Tata Steel Ltd
 
4,380,079
8,717,294
Usha Martin Ltd
 
122,854
638,524
Vedanta Aluminium Metal Ltd
 
807,539
3,810,495
Vedanta Iron and Steel Ltd
 
738,352
247,610
Vedanta Ltd
 
803,710
2,231,861
Welspun Corp Ltd
 
55,919
967,315
 
 
 
42,053,598
Paper & Forest Products - 0.0%
 
 
 
Century Plyboards India Ltd
 
38,674
324,132
TOTAL MATERIALS
 
 
93,672,603
Real Estate - 0.1%
 
 
 
Office REITs - 0.0%
 
 
 
Brookfield India Real Estate Trust (b)(c)
 
294,016
1,052,628
Embassy Office Parks REIT
 
499,732
2,294,245
Mindspace Business Parks REIT (b)(c)
 
124,092
640,165
 
 
 
3,987,038
Real Estate Management & Development - 0.1%
 
 
 
Aditya Birla Real Estate Ltd
 
33,171
492,999
Anant Raj Ltd
 
73,686
482,425
Brigade Enterprises Ltd
 
105,377
640,992
DLF Ltd
 
408,731
2,823,940
Godrej Properties Ltd
 
89,121
1,967,119
Lodha Developers Ltd (b)(c)
 
163,752
2,135,070
Oberoi Realty Ltd
 
72,266
1,384,067
Phoenix Mills Ltd/The
 
112,215
2,227,671
Prestige Estates Projects Ltd
 
111,840
1,894,660
Sobha Ltd
 
39,281
565,039
 
 
 
14,613,982
Retail REITs - 0.0%
 
 
 
Nexus Select Trust
 
469,457
821,451
TOTAL REAL ESTATE
 
 
19,422,471
Utilities - 0.1%
 
 
 
Electric Utilities - 0.0%
 
 
 
CESC Ltd
 
398,249
690,539
Power Grid Corp of India Ltd
 
2,440,614
7,267,080
SJVN Ltd
 
576,196
414,189
Tata Power Co Ltd/The
 
896,595
3,578,067
Torrent Power Ltd
 
105,140
1,556,278
 
 
 
13,506,153
Gas Utilities - 0.0%
 
 
 
GAIL India Ltd
 
1,354,159
2,573,405
Gujarat Energy Ltd
 
215,289
619,464
Indraprastha Gas Ltd
 
395,944
630,684
Mahanagar Gas Ltd (c)
 
36,312
426,376
 
 
 
4,249,929
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Adani Power Ltd (d)
 
1,810,636
4,007,235
Jaiprakash Power Ventures Ltd (d)
 
1,975,503
379,219
JSW Energy Ltd
 
236,066
1,372,458
NHPC Ltd
 
1,888,042
1,558,114
NLC India Ltd
 
182,861
570,644
NTPC Ltd
 
2,532,533
9,212,244
PTC India Ltd
 
197,510
363,582
Reliance Power Ltd (d)
 
1,766,642
433,766
Vedanta Power Ltd
 
1,027,481
368,481
 
 
 
18,265,743
Water Utilities - 0.0%
 
 
 
VA Tech Wabag Ltd
 
25,414
526,603
TOTAL UTILITIES
 
 
36,548,428
TOTAL INDIA
 
 
1,020,849,727
INDONESIA - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Dayamitra Telekomunikasi PT
 
12,671,800
325,645
Telkom Indonesia Persero Tbk PT
 
26,550,362
3,876,109
 
 
 
4,201,754
Wireless Telecommunication Services - 0.0%
 
 
 
XLSMART Telecom Sejahtera Tbk PT
 
3,089,213
418,322
TOTAL COMMUNICATION SERVICES
 
 
4,620,076
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
GoTo Gojek Tokopedia Tbk PT Class A (d)
 
547,945,892
1,524,331
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Sumber Alfaria Trijaya Tbk PT
 
8,819,551
648,592
Food Products - 0.0%
 
 
 
Charoen Pokphand Indonesia Tbk PT
 
4,204,482
769,918
First Pacific Co Ltd
 
1,672,620
1,194,363
First Resources Ltd
 
267,800
701,526
Golden Agri-Resources Ltd
 
3,896,198
865,622
Indofood Sukses Makmur Tbk PT
 
2,632,786
1,019,277
Inti Agri Resources Tbk PT (d)(g)
 
1,180,800
0
Japfa Comfeed Indonesia Tbk PT
 
3,010,235
360,182
 
 
 
4,910,888
TOTAL CONSUMER STAPLES
 
 
5,559,480
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Adaro Andalan Indonesia PT
 
1,038,100
534,638
AKR Corporindo Tbk PT
 
5,454,348
444,910
Alamtri Resources Indonesia Tbk PT
 
5,548,554
758,589
Bukit Asam Persero Tbk PT
 
3,112,231
402,009
Bumi Resources Tbk PT (d)
 
68,195,805
621,019
Energi Mega Persada Tbk PT (d)
 
8,519,200
612,485
Medco Energi Internasional Tbk PT
 
4,255,131
303,484
Sugih Energy Tbk PT (d)(g)
 
40,500
0
United Tractors Tbk PT
 
809,746
1,080,610
TOTAL ENERGY
 
 
4,757,744
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Bank Central Asia Tbk PT
 
29,307,045
10,271,387
Bank Mandiri Persero Tbk PT
 
22,293,122
5,186,941
Bank Negara Indonesia Persero Tbk PT
 
8,545,786
1,673,352
Bank Rakyat Indonesia Persero Tbk PT
 
37,238,279
6,262,582
 
 
 
23,394,262
Capital Markets - 0.0%
 
 
 
Pool Advista Indonesia Tbk PT (d)(g)
 
184,900
0
TOTAL FINANCIALS
 
 
23,394,262
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Kalbe Farma Tbk PT
 
13,349,356
536,138
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Wijaya Karya Persero Tbk PT (d)(g)
 
10,440,800
0
Industrial Conglomerates - 0.0%
 
 
 
Astra International Tbk PT
 
9,595,447
2,725,877
Jardine Matheson Holdings Ltd (Singapore)
 
95,015
6,310,418
 
 
 
9,036,295
Marine Transportation - 0.0%
 
 
 
Transcoal Pacific Tbk PT
 
604,500
169,829
TOTAL INDUSTRIALS
 
 
9,206,124
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Barito Pacific Tbk PT
 
11,721,876
1,192,507
Metals & Mining - 0.0%
 
 
 
Bumi Resources Minerals Tbk PT (d)
 
34,808,801
1,078,414
Merdeka Copper Gold Tbk PT
 
5,835,002
878,006
Nickel Industries Ltd (d)
 
1,322,761
753,678
Petrosea Tbk PT (d)
 
1,646,600
426,813
Vale Indonesia Tbk PT
 
1,207,100
350,818
 
 
 
3,487,729
Paper & Forest Products - 0.0%
 
 
 
Indah Kiat Pulp & Paper Tbk PT
 
1,094,428
508,743
TOTAL MATERIALS
 
 
5,188,979
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Hanson International Tbk PT (d)(g)
 
3,268,900
0
Utilities - 0.0%
 
 
 
Gas Utilities - 0.0%
 
 
 
Perusahaan Gas Negara Tbk PT Class B
 
7,077,576
589,745
TOTAL INDONESIA
 
 
55,376,879
IRAQ - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
United Energy Group Ltd (d)(e)
 
8,602,000
394,869
IRELAND - 0.3%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Household Durables - 0.0%
 
 
 
Cairn Homes PLC (Ireland)
 
359,251
1,008,748
Glenveagh Properties PLC (b)(c)(d)
 
319,002
877,339
TOTAL CONSUMER DISCRETIONARY
 
 
1,886,087
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
C&C Group PLC (e)
 
244,429
335,358
Food Products - 0.1%
 
 
 
Glanbia PLC
 
115,440
3,059,089
Greencore Group PLC (e)
 
347,747
1,220,432
Kerry Group PLC Class A
 
93,409
8,918,769
 
 
 
13,198,290
TOTAL CONSUMER STAPLES
 
 
13,533,648
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
AIB Group PLC
 
1,227,102
14,511,161
Bank of Ireland Group PLC
 
552,997
11,535,785
TOTAL FINANCIALS
 
 
26,046,946
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Uniphar PLC
 
136,401
668,486
Pharmaceuticals - 0.0%
 
 
 
Cosmo NV
 
5,461
405,294
TOTAL HEALTH CARE
 
 
1,073,780
Industrials - 0.1%
 
 
 
Building Products - 0.0%
 
 
 
Kingspan Group PLC
 
89,402
8,273,287
Trading Companies & Distributors - 0.1%
 
 
 
AerCap Holdings NV
 
94,353
14,237,868
TOTAL INDUSTRIALS
 
 
22,511,155
Real Estate - 0.0%
 
 
 
Residential REITs - 0.0%
 
 
 
Irish Residential Properties Reit PLC
 
333,738
417,177
TOTAL IRELAND
 
 
65,468,793
ISRAEL - 0.9%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Bezeq The Israeli Telecommunication Corp Ltd
 
1,627,931
3,899,791
Wireless Telecommunication Services - 0.0%
 
 
 
Cellcom Israel Ltd
 
70,196
758,801
Partner Communications Co Ltd
 
94,753
1,169,339
 
 
 
1,928,140
TOTAL COMMUNICATION SERVICES
 
 
5,827,931
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Global-e Online Ltd (d)
 
63,348
2,490,210
Max Stock Ltd
 
61,086
698,697
 
 
 
3,188,907
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Fattal Holdings 1998 Ltd (d)
 
3,708
822,396
Isrotel Ltd (d)
 
11,049
456,564
 
 
 
1,278,960
Specialty Retail - 0.0%
 
 
 
Fox Wizel Ltd
 
6,055
598,864
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Delta Galil Ltd
 
8,492
491,766
TOTAL CONSUMER DISCRETIONARY
 
 
5,558,497
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd
 
5,585
628,941
Shufersal Ltd
 
119,072
1,702,810
 
 
 
2,331,751
Food Products - 0.0%
 
 
 
Neto Malinda Trading Ltd
 
8,097
373,789
Strauss Group Ltd
 
35,460
1,343,454
 
 
 
1,717,243
Personal Care Products - 0.0%
 
 
 
Oddity Tech Ltd Class A (d)(e)
 
24,234
343,638
TOTAL CONSUMER STAPLES
 
 
4,392,632
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Delek Group Ltd
 
54,693
1,433,667
Delek Yizum Nechasim Ltd
 
5,469
120,688
Energean PLC
 
82,455
847,912
Equital Ltd (d)
 
15,557
583,292
Oil Refineries Ltd
 
1,354,525
863,280
Paz Retail And Energy Ltd
 
6,181
1,745,200
TOTAL ENERGY
 
 
5,594,039
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Bank Hapoalim BM
 
766,981
18,651,954
Bank Leumi Le-Israel BM
 
865,178
20,490,835
FIBI Holdings Ltd
 
10,659
1,045,848
First International Bank of Israel Ltd
 
31,581
2,442,581
Israel Discount Bank Ltd Class A
 
724,438
7,575,017
Mizrahi Tefahot Bank Ltd
 
92,527
6,892,981
 
 
 
57,099,216
Capital Markets - 0.0%
 
 
 
Etoro Group Ltd Class A (d)
 
26,446
943,329
Meitav Investment House Ltd
 
23,823
1,031,953
Plus500 Ltd
 
40,126
2,114,521
Tel Aviv Stock Exchange Ltd
 
51,529
1,989,341
 
 
 
6,079,144
Consumer Finance - 0.0%
 
 
 
Isracard Ltd (d)
 
122,624
429,274
Financial Services - 0.0%
 
 
 
Mivtach Shamir Holdings Ltd
 
3,602
506,272
Insurance - 0.1%
 
 
 
Ayalon Holdings Ltd
 
6,178
285,806
Clal Insurance Enterprises Holdings Ltd
 
40,070
3,038,844
Harel Insurance Investments & Financial Services Ltd
 
69,099
3,972,090
IDI Insurance Co Ltd
 
6,604
522,875
Menora Mivtachim Holdings Ltd
 
12,842
2,012,537
Migdal Insurance & Financial Holdings Ltd (d)
 
326,170
1,855,749
Phoenix Financial Ltd
 
134,799
7,585,614
 
 
 
19,273,515
TOTAL FINANCIALS
 
 
83,387,421
Health Care - 0.1%
 
 
 
Pharmaceuticals - 0.1%
 
 
 
Teva Pharmaceutical Industries Ltd ADR (d)
 
681,278
23,851,543
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Aryt Industries Ltd
 
38,986
321,811
Bet Shemesh Engines Holdings 1997 Ltd (d)
 
4,808
1,307,197
Elbit Systems Ltd
 
16,359
13,176,047
 
 
 
14,805,055
Building Products - 0.0%
 
 
 
Inrom Construction Industries Ltd
 
63,967
511,485
Construction & Engineering - 0.0%
 
 
 
Ashtrom Group Ltd
 
28,911
593,259
Electra Ltd/Israel
 
28,831
1,122,489
Shapir Engineering and Industry Ltd
 
86,773
1,299,963
Shikun & Binui Ltd (d)
 
211,337
1,210,011
 
 
 
4,225,722
Machinery - 0.0%
 
 
 
Kornit Digital Ltd (d)
 
30,553
465,017
Marine Transportation - 0.0%
 
 
 
ZIM Integrated Shipping Services Ltd
 
67,708
1,705,565
Passenger Airlines - 0.0%
 
 
 
El Al Israel Airlines
 
209,315
930,669
Professional Services - 0.0%
 
 
 
Danel Adir Yeoshua Ltd
 
3,453
486,346
Hilan Ltd
 
11,006
787,866
 
 
 
1,274,212
Trading Companies & Distributors - 0.0%
 
 
 
Scope Metals Group Ltd
 
5,109
486,412
TOTAL INDUSTRIALS
 
 
24,404,137
Information Technology - 0.2%
 
 
 
Communications Equipment - 0.0%
 
 
 
Gilat Satellite Networks Ltd (d)
 
46,215
511,971
Ituran Location and Control Ltd
 
9,410
519,056
 
 
 
1,031,027
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Nayax Ltd (d)
 
8,769
596,172
Next Vision Stabilized Systems Ltd
 
42,777
3,323,912
Priortech Ltd (d)
 
5,383
599,148
RP Optical Lab Ltd
 
23,297
308,619
 
 
 
4,827,851
IT Services - 0.0%
 
 
 
Formula Systems 1985 Ltd
 
5,947
628,263
Matrix IT Ltd
 
29,864
845,161
One Software Technologies Ltd
 
31,601
675,961
Wix.com Ltd (d)(e)
 
21,126
1,162,564
 
 
 
3,311,949
Semiconductors & Semiconductor Equipment - 0.2%
 
 
 
Camtek Ltd/Israel (Israel) (d)
 
16,656
2,321,977
Nova Ltd (Israel) (d)
 
17,669
7,083,786
Qualitau Ltd
 
2,681
443,134
Tower Semiconductor Ltd (d)
 
65,356
14,476,039
 
 
 
24,324,936
Software - 0.0%
 
 
 
Cellebrite DI Ltd (d)(e)
 
77,595
1,144,526
Check Point Software Technologies Ltd (d)
 
45,618
5,799,416
Nice Ltd (d)
 
34,096
3,318,685
Radware Ltd (d)
 
23,814
623,689
 
 
 
10,886,316
TOTAL INFORMATION TECHNOLOGY
 
 
44,382,079
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
ICL Group Ltd
 
408,704
2,092,661
Israel Corp Ltd Class A1
 
24,700
647,460
Turpaz Industries Ltd
 
31,841
669,948
TOTAL MATERIALS
 
 
3,410,069
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.0%
 
 
 
Reit 1 Ltd
 
131,436
931,856
Sella Capital Real Estate Ltd
 
161,793
466,879
 
 
 
1,398,735
Real Estate Management & Development - 0.1%
 
 
 
Airport City Ltd (d)
 
36,849
664,283
Alony Hetz Properties & Investments Ltd
 
100,989
1,051,026
Amot Investments Ltd
 
158,594
964,588
Aura Investments Ltd
 
101,255
530,044
Azrieli Group Ltd
 
25,380
3,360,473
Big Shopping Centers Ltd
 
10,093
2,271,544
Blue Square Real Estate Ltd
 
4,051
426,107
Gav-Yam Lands Corp Ltd
 
48,237
619,750
Israel Canada T.R Ltd
 
134,081
686,965
Mega Or Holdings Ltd
 
14,411
2,342,819
Melisron Ltd
 
14,650
1,925,853
Mivne Real Estate KD Ltd
 
349,015
1,541,535
Summit Real Estate Holdings Ltd
 
28,105
458,746
YH Dimri Construction & Development Ltd
 
6,393
756,744
 
 
 
17,600,477
TOTAL REAL ESTATE
 
 
18,999,212
Utilities - 0.1%
 
 
 
Independent Power and Renewable Electricity Producers - 0.1%
 
 
 
Doral Group Renewable Energy Resources Ltd (d)
 
47,232
1,067,800
Energix-Renewable Energies Ltd
 
171,714
1,247,195
Enlight Renewable Energy Ltd (d)
 
81,838
6,961,518
Meshek Energy Renewable Energies Ltd (d)
 
197,270
722,861
OPC Energy Ltd (d)
 
99,351
3,118,188
OY Nofar Energy Ltd (d)
 
15,925
937,837
TOTAL UTILITIES
 
 
14,055,399
TOTAL ISRAEL
 
 
233,862,959
ITALY - 1.9%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
RAI Way SpA (b)(c)
 
85,479
457,365
Telecom Italia SpA/Milano (d)
 
993,109
8,420,683
 
 
 
8,878,048
Media - 0.0%
 
 
 
MFE-MediaForEurope NV Class A (e)
 
123,188
373,603
MFE-MediaForEurope NV Class A (Germany)
 
93,172
282,570
 
 
 
656,173
TOTAL COMMUNICATION SERVICES
 
 
9,534,221
Consumer Discretionary - 0.2%
 
 
 
Automobile Components - 0.0%
 
 
 
Brembo NV
 
84,446
1,029,295
Pirelli & C SpA (b)(c)
 
252,801
1,924,015
 
 
 
2,953,310
Automobiles - 0.2%
 
 
 
Ferrari NV (Italy)
 
70,875
27,796,205
Piaggio & C SpA (e)
 
153,204
343,088
 
 
 
28,139,293
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Lottomatica Group Spa
 
135,186
3,660,291
Household Durables - 0.0%
 
 
 
De' Longhi SpA
 
40,723
1,900,930
Leisure Products - 0.0%
 
 
 
Ferretti SpA (e)
 
89,651
298,771
Sanlorenzo SpA/Ameglia (e)
 
12,913
563,163
Technogym SpA (b)(c)
 
67,203
1,046,960
 
 
 
1,908,894
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Brunello Cucinelli SpA (e)
 
20,780
2,106,779
Moncler SpA
 
129,514
7,333,040
OVS SpA (b)(c)
 
114,112
823,742
 
 
 
10,263,561
TOTAL CONSUMER DISCRETIONARY
 
 
48,826,279
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Coca-Cola HBC AG
 
115,324
7,786,939
Davide Campari-Milano NV
 
341,155
2,319,503
 
 
 
10,106,442
Personal Care Products - 0.0%
 
 
 
Intercos SpA
 
38,676
594,954
TOTAL CONSUMER STAPLES
 
 
10,701,396
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Saipem SpA (e)
 
776,383
3,749,458
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Eni SpA
 
1,060,510
29,499,876
TOTAL ENERGY
 
 
33,249,334
Financials - 1.0%
 
 
 
Banks - 0.8%
 
 
 
AMCO - Asset Management Co SpA Class B (d)(g)
 
141
0
Banca Monte dei Paschi di Siena SpA
 
1,108,557
14,787,750
Banco BPM SpA
 
664,922
12,095,557
BPER Banca SPA
 
917,317
14,883,304
Credito Emiliano SpA
 
46,250
1,013,331
FinecoBank Banca Fineco SpA
 
357,556
9,767,759
Intesa Sanpaolo SpA
 
8,102,009
61,245,618
UniCredit SpA
 
791,829
74,678,871
 
 
 
188,472,190
Capital Markets - 0.0%
 
 
 
Azimut Holding SpA
 
66,446
2,812,801
Banca Generali SpA
 
35,117
2,646,359
Tamburi Investment Partners SpA
 
56,978
613,020
 
 
 
6,072,180
Financial Services - 0.1%
 
 
 
Banca IFIS SpA (e)
 
25,477
433,337
Banca Mediolanum SpA
 
125,716
3,358,941
Nexi SpA (b)(c)(e)
 
369,494
1,807,440
Poste Italiane SpA
 
264,691
8,000,037
 
 
 
13,599,755
Insurance - 0.1%
 
 
 
Generali
 
470,437
23,841,298
Unipol Assicurazioni SpA
 
211,374
6,598,202
 
 
 
30,439,500
TOTAL FINANCIALS
 
 
238,583,625
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
DiaSorin SpA (e)
 
11,805
978,226
El.En. SpA
 
37,669
675,026
 
 
 
1,653,252
Health Care Providers & Services - 0.0%
 
 
 
Amplifon SpA
 
86,786
1,215,939
Pharmaceuticals - 0.0%
 
 
 
Recordati Industria Chimica e Farmaceutica SpA
 
60,370
3,595,649
TOTAL HEALTH CARE
 
 
6,464,840
Industrials - 0.2%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Avio SpA (c)(e)
 
22,552
754,950
Leonardo SpA
 
237,040
15,066,648
 
 
 
15,821,598
Building Products - 0.0%
 
 
 
Carel Industries SpA (b)(c)
 
26,668
831,847
LU-VE SpA
 
5,672
372,164
 
 
 
1,204,011
Construction & Engineering - 0.0%
 
 
 
Maire SpA
 
88,360
1,313,392
Webuild SpA (e)
 
294,808
763,545
Webuild SpA warrants 8/2/2030 (d)
 
276
715
 
 
 
2,077,652
Electrical Equipment - 0.1%
 
 
 
Cembre SpA
 
3,585
338,165
Prysmian SpA
 
164,830
22,745,441
 
 
 
23,083,606
Machinery - 0.0%
 
 
 
Fincantieri SpA (d)(e)
 
71,079
1,111,032
Interpump Group SpA
 
44,584
1,786,055
Iveco Group NV
 
103,702
1,661,619
 
 
 
4,558,706
Passenger Airlines - 0.0%
 
 
 
Ryanair Holdings PLC
 
243,638
6,831,975
Transportation Infrastructure - 0.0%
 
 
 
Enav Spa (b)(c)
 
163,819
955,873
TOTAL INDUSTRIALS
 
 
54,533,421
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Sesa SpA
 
4,465
475,750
IT Services - 0.0%
 
 
 
Reply SpA
 
13,814
1,749,072
TOTAL INFORMATION TECHNOLOGY
 
 
2,224,822
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
SOL SpA
 
20,412
1,339,318
Utilities - 0.4%
 
 
 
Electric Utilities - 0.3%
 
 
 
Enel SpA
 
4,429,429
50,023,340
Terna - Rete Elettrica Nazionale
 
819,302
9,421,327
 
 
 
59,444,667
Gas Utilities - 0.1%
 
 
 
Italgas SpA
 
361,273
3,726,921
Snam SpA
 
1,157,952
7,862,202
 
 
 
11,589,123
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
ERG SpA
 
31,928
810,727
Multi-Utilities - 0.0%
 
 
 
A2A SpA
 
947,608
2,479,414
ACEA SpA
 
31,062
755,784
Hera SpA
 
477,913
2,089,792
Iren SpA
 
364,757
1,060,802
 
 
 
6,385,792
TOTAL UTILITIES
 
 
78,230,309
TOTAL ITALY
 
 
483,687,565
JAPAN - 14.8%
 
 
 
Communication Services - 0.8%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Internet Initiative Japan Inc
 
65,854
1,445,623
NTT Inc
 
17,360,557
16,640,335
U-Next Holdings Co Ltd
 
36,319
389,905
 
 
 
18,475,863
Entertainment - 0.2%
 
 
 
Anycolor Inc
 
17,000
279,747
Capcom Co Ltd
 
159,892
4,016,546
Daiichikosho Co Ltd
 
50,902
575,753
DeNA Co Ltd (e)
 
35,198
546,958
GungHo Online Entertainment Inc
 
30,942
471,222
Koei Tecmo Holdings Co Ltd
 
70,745
716,251
Konami Group Corp
 
56,369
7,261,427
MIXI Inc
 
29,997
545,791
Nexon Co Ltd
 
171,783
2,692,262
Nintendo Co Ltd
 
640,484
30,552,478
Shochiku Co Ltd
 
6,599
477,300
Square Enix Holdings Co Ltd
 
140,075
2,438,783
Toei Animation Co Ltd
 
47,533
880,220
Toei Co Ltd
 
19,139
727,625
Toho Co Ltd/Tokyo
 
310,395
2,980,645
 
 
 
55,163,008
Interactive Media & Services - 0.0%
 
 
 
Kakaku.com Inc
 
72,665
1,687,962
LY Corp
 
1,483,046
4,132,129
 
 
 
5,820,091
Media - 0.0%
 
 
 
CyberAgent Inc
 
242,279
2,213,535
Dentsu Group Inc (d)
 
116,629
2,587,854
Fuji Media Holdings Inc
 
23,560
588,979
Hakuhodo DY Holdings Inc
 
140,170
1,143,989
Kadokawa Corp
 
49,770
1,089,087
Nippon Television Holdings Inc
 
33,616
613,841
SKY Perfect JSAT Corp
 
57,390
747,529
TBS Holdings Inc
 
20,085
755,961
 
 
 
9,740,775
Wireless Telecommunication Services - 0.5%
 
 
 
KDDI Corp
 
1,708,128
31,470,068
Okinawa Cellular Telephone Co
 
21,868
530,262
SoftBank Corp
 
16,661,240
23,385,349
SoftBank Group Corp
 
2,168,880
67,555,207
 
 
 
122,940,886
TOTAL COMMUNICATION SERVICES
 
 
212,140,623
Consumer Discretionary - 2.2%
 
 
 
Automobile Components - 0.3%
 
 
 
Aisin Corp
 
264,907
3,652,196
Bridgestone Corp
 
617,010
15,237,331
Denso Corp
 
929,547
11,413,819
Exedy Corp
 
19,571
737,457
FCC Co Ltd
 
22,360
519,670
GS Yuasa Corp
 
46,860
1,578,100
JTEKT Corp
 
127,921
1,751,648
Koito Manufacturing Co Ltd
 
107,322
1,793,675
KYB Corp
 
20,468
574,297
Musashi Seimitsu Industry Co Ltd
 
24,709
488,260
NHK Spring Co Ltd
 
101,140
2,242,230
Nifco Inc/Japan
 
45,312
1,466,853
Niterra Co Ltd
 
88,361
5,160,163
NOK Corp
 
47,555
898,664
Seiren Co Ltd
 
27,087
535,777
Stanley Electric Co Ltd
 
50,212
1,094,156
Sumitomo Electric Industries Ltd
 
1,671,272
22,119,449
Sumitomo Rubber Industries Ltd
 
100,578
1,423,050
Tokai Rika Co Ltd
 
35,832
706,589
Topre Corp
 
24,464
428,540
Toyo Tire Corp
 
72,510
1,923,286
Toyoda Gosei Co Ltd
 
52,864
1,825,048
Toyota Boshoku Corp
 
51,888
724,028
TS Tech Co Ltd
 
52,582
603,160
Yokohama Rubber Co Ltd/The (e)
 
72,479
3,442,815
 
 
 
82,340,261
Automobiles - 0.7%
 
 
 
Honda Motor Co Ltd
 
2,115,316
21,321,586
Isuzu Motors Ltd
 
302,164
4,508,152
Mazda Motor Corp
 
334,657
2,439,847
Mitsubishi Motors Corp (e)
 
422,047
966,285
Nissan Motor Co Ltd (d)
 
1,332,651
2,813,595
Nissan Shatai Co Ltd
 
47,661
287,996
Subaru Corp
 
306,528
5,217,855
Suzuki Motor Corp
 
919,311
12,000,273
Toyota Motor Corp
 
5,521,185
104,486,674
Yamaha Motor Co Ltd (e)
 
516,934
4,324,094
 
 
 
158,366,357
Broadline Retail - 0.1%
 
 
 
BuySell Technologies Co Ltd
 
17,700
326,940
Isetan Mitsukoshi Holdings Ltd
 
181,037
4,040,629
Izumi Co Ltd
 
71,577
449,463
J Front Retailing Co Ltd
 
134,646
2,505,460
Mercari Inc (d)
 
67,734
1,832,875
Pan Pacific International Holdings Corp
 
1,121,715
6,284,323
Rakuten Group Inc (d)
 
810,910
4,228,208
Ryohin Keikaku Co Ltd
 
297,334
7,799,155
Seria Co Ltd
 
27,940
676,967
Takashimaya Co Ltd
 
137,146
1,960,621
 
 
 
30,104,641
Distributors - 0.0%
 
 
 
Arata Corp
 
22,503
368,321
Happinet Corp
 
16,800
347,764
 
 
 
716,085
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Atom Corp (d)(e)
 
81,472
194,676
Colowide Co Ltd (e)
 
57,934
749,223
Create Restaurants Holdings Inc (e)
 
157,938
772,129
Doutor Nichires Holdings Co Ltd
 
18,799
377,135
Food & Life Cos Ltd
 
124,286
4,339,254
Fujita Kanko Inc
 
26,700
336,565
Heiwa Corp
 
42,143
564,452
Hiday Hidaka Corp
 
15,231
275,797
KOMEDA Holdings Co Ltd
 
28,378
515,256
Kura Sushi Inc (e)
 
27,146
284,343
Kyoritsu Maintenance Co Ltd
 
43,159
937,949
McDonald's Holdings Co Japan Ltd (e)
 
49,686
2,508,118
Metaplanet Inc (d)
 
261,100
380,224
Monogatari Corp/The
 
19,101
656,186
MOS Food Services Inc
 
19,772
476,187
Ohsho Food Service Corp
 
19,816
373,874
Oriental Land Co Ltd/Japan
 
634,423
12,662,865
Resorttrust Inc
 
97,098
1,089,060
Round One Corp
 
108,221
822,325
Royal Holdings Co Ltd (e)
 
47,172
394,066
Saizeriya Co Ltd
 
17,261
856,451
Skylark Holdings Co Ltd
 
126,165
2,486,252
Tokyotokeiba Co Ltd
 
12,106
381,491
Toridoll Holdings Corp (e)
 
30,660
837,516
Yoshinoya Holdings Co Ltd
 
38,453
928,559
Zensho Holdings Co Ltd
 
54,204
3,384,581
 
 
 
37,584,534
Household Durables - 0.5%
 
 
 
Casio Computer Co Ltd
 
116,572
1,280,945
Haseko Corp
 
129,638
2,255,663
Iida Group Holdings Co Ltd
 
86,903
1,244,178
JVCKenwood Corp
 
99,499
699,357
Nikon Corp
 
126,554
1,503,759
Open House Group Co Ltd
 
40,560
2,155,262
Panasonic Holdings Corp
 
1,362,679
36,032,595
Rinnai Corp
 
62,759
1,403,437
Sangetsu Corp
 
29,105
563,837
Sekisui House Ltd
 
345,164
7,556,429
Sharp Corp/Japan (d)
 
136,455
527,135
Sony Group Corp
 
3,411,415
79,720,926
Sumitomo Forestry Co Ltd (e)
 
265,749
2,241,439
Tamron Co Ltd
 
85,384
766,986
 
 
 
137,951,948
Leisure Products - 0.1%
 
 
 
Bandai Namco Holdings Inc
 
298,055
8,634,424
Mizuno Corp
 
33,090
763,083
Noritsu Koki Co Ltd
 
33,991
413,458
Sankyo Co Ltd
 
114,017
1,323,145
Sega Sammy Holdings Inc
 
83,530
1,442,993
Shimano Inc
 
41,959
5,296,493
Tomy Co Ltd
 
47,188
1,073,430
Yamaha Corp
 
221,356
1,715,870
Yonex Co Ltd
 
36,429
592,762
 
 
 
21,255,658
Specialty Retail - 0.3%
 
 
 
ABC-Mart Inc
 
55,067
942,240
and ST HD Co Ltd
 
15,396
326,648
Aoyama Trading Co Ltd
 
75,000
352,628
ARCLANDS CORP
 
40,332
484,406
Autobacs Seven Co Ltd
 
48,616
473,925
Bic Camera Inc
 
56,781
621,131
DCM Holdings Co Ltd
 
67,313
648,343
EDION Corp
 
46,536
707,208
Fast Retailing Co Ltd
 
111,394
54,546,218
JINS Holdings Inc (e)
 
7,900
315,296
Joyful Honda Co Ltd
 
34,862
545,869
K's Holdings Corp
 
73,036
865,138
Kohnan Shoji Co Ltd
 
12,849
338,186
Komeri Co Ltd
 
18,454
446,510
Nextage Co Ltd
 
27,431
571,608
Nishimatsuya Chain Co Ltd
 
35,851
448,957
Nitori Holdings Co Ltd
 
230,880
3,724,788
Nojima Corp
 
106,865
874,951
PAL GROUP Holdings Co Ltd
 
51,468
485,675
Sanrio Co Ltd
 
552,225
4,431,120
Shimamura Co Ltd
 
75,140
1,581,594
USS Co Ltd
 
221,139
2,792,737
Workman Co Ltd
 
10,978
402,648
Yamada Holdings Co Ltd
 
314,134
1,403,135
Yellow Hat Ltd
 
36,210
410,012
ZOZO Inc
 
238,629
1,693,724
 
 
 
80,434,695
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Asics Corp
 
398,824
11,759,104
Goldwin Inc
 
37,779
542,657
Gunze Ltd
 
20,890
525,624
Kurabo Industries Ltd
 
7,300
450,192
Seiko Group Corp
 
30,358
1,484,297
Unitika Ltd (d)(e)
 
31,000
160,616
Wacoal Holdings Corp
 
23,708
653,754
 
 
 
15,576,244
TOTAL CONSUMER DISCRETIONARY
 
 
564,330,423
Consumer Staples - 0.7%
 
 
 
Beverages - 0.1%
 
 
 
Asahi Group Holdings Ltd
 
822,199
8,580,633
Coca-Cola Bottlers Japan Holdings Inc
 
54,187
1,302,164
Ito En Ltd
 
44,406
830,811
Kirin Holdings Co Ltd
 
451,682
8,356,007
Sapporo Breweries Ltd
 
176,615
2,230,062
Suntory Beverage & Food Ltd
 
72,123
2,090,994
Takara Holdings Inc (e)
 
87,779
1,145,160
 
 
 
24,535,831
Consumer Staples Distribution & Retail - 0.2%
 
 
 
Aeon Co Ltd
 
1,268,904
10,886,840
Ain Holdings Inc
 
16,742
618,037
Arcs Co Ltd
 
26,766
607,763
Axial Retailing Inc
 
50,872
404,524
Belc Co Ltd
 
8,879
372,301
Blue Zones Holdings Co Ltd
 
64,720
723,153
Cosmos Pharmaceutical Corp
 
23,682
955,213
Create SD Holdings Co Ltd
 
19,083
398,623
Fuji Co Ltd/Ehime
 
22,800
290,466
H2O Retailing Corp
 
49,797
890,865
Kato Sangyo Co Ltd
 
14,234
568,358
Kobe Bussan Co Ltd (e)
 
83,209
1,454,798
Kusuri no Aoki Holdings Co Ltd
 
23,916
603,277
Life Corp
 
25,998
421,026
MatsukiyoCocokara & Co
 
186,370
2,973,941
San-A Co Ltd
 
26,834
545,681
Seven & i Holdings Co Ltd
 
1,102,282
14,616,395
Sugi Holdings Co Ltd
 
64,907
1,150,288
Sundrug Co Ltd
 
42,253
997,819
Trial Holdings Inc (e)
 
20,700
406,993
Tsuruha Holdings Inc (e)
 
120,766
1,843,585
Valor Holdings Co Ltd
 
23,458
478,807
 
 
 
42,208,753
Food Products - 0.2%
 
 
 
Ajinomoto Co Inc
 
500,776
15,443,124
Ariake Japan Co Ltd
 
13,697
460,745
Calbee Inc
 
43,010
780,313
Ezaki Glico Co Ltd
 
29,031
920,442
FUJI OIL CO LTD /Osaka
 
27,638
684,452
House Foods Group Inc
 
34,748
845,181
Itoham Yonekyu Holdings Inc
 
17,079
525,623
Kagome Co Ltd (e)
 
50,971
834,876
Kewpie Corp
 
57,586
1,645,686
Kikkoman Corp
 
394,014
4,057,938
Kotobuki Spirits Co Ltd (e)
 
63,403
1,010,858
Megmilk Snow Brand Co Ltd
 
25,318
596,830
MEIJI Holdings Co Ltd
 
140,070
3,331,322
Morinaga & Co Ltd/Japan
 
38,654
640,644
Morinaga Milk Industry Co Ltd
 
164,648
1,225,098
NH Foods Ltd
 
46,726
1,835,073
Nichirei Corp
 
116,868
1,625,525
Nippn Corp
 
37,611
662,833
Nisshin Oillio Group Ltd/The
 
48,287
576,480
Nisshin Seifun Group Inc
 
119,288
1,510,088
Nissin Foods Holdings Co Ltd (e)
 
106,798
1,930,716
Nissui Corp
 
162,070
1,278,014
Sakata Seed Corp
 
18,096
488,098
Toyo Suisan Kaisha Ltd
 
51,307
3,329,070
Umios Corp
 
76,107
623,663
Yakult Honsha Co Ltd (e)
 
135,236
2,393,360
Yamazaki Baking Co Ltd
 
65,766
1,389,819
 
 
 
50,645,871
Household Products - 0.0%
 
 
 
Earth Corp
 
10,728
317,017
Lion Corp
 
143,220
1,535,336
Pigeon Corp (e)
 
73,651
933,492
Unicharm Corp
 
637,279
4,042,233
 
 
 
6,828,078
Personal Care Products - 0.1%
 
 
 
Kao Corp
 
530,970
10,914,662
Kobayashi Pharmaceutical Co Ltd (e)
 
32,746
1,149,596
Kose Holdings Corp
 
20,385
725,514
Milbon Co Ltd
 
20,070
350,036
Noevir Holdings Co Ltd
 
9,795
305,749
Pola Orbis Holdings Inc
 
53,771
452,466
Rohto Pharmaceutical Co Ltd
 
110,508
1,654,992
Shiseido Co Ltd
 
237,425
4,690,009
 
 
 
20,243,024
Tobacco - 0.1%
 
 
 
Japan Tobacco Inc
 
640,244
28,546,489
TOTAL CONSUMER STAPLES
 
 
173,008,046
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Modec Inc
 
26,235
1,694,434
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Cosmo Energy Holdings Co Ltd
 
64,528
1,605,783
ENEOS Holdings Inc
 
1,503,691
12,418,280
Idemitsu Kosan Co Ltd
 
446,295
3,653,608
Inpex Corp
 
515,833
11,889,263
Itochu Enex Co Ltd
 
26,868
364,439
Iwatani Corp
 
105,464
1,342,451
Japan Petroleum Exploration Co Ltd
 
86,705
964,762
San-Ai Obbli Co Ltd
 
33,152
482,166
 
 
 
32,720,752
TOTAL ENERGY
 
 
34,415,186
Financials - 2.7%
 
 
 
Banks - 1.7%
 
 
 
77 Bank Ltd/The
 
107,904
2,337,898
Aichi Financial Group Inc
 
108,355
1,167,996
Aozora Bank Ltd (e)
 
59,794
1,134,633
Awa Bank Ltd/The
 
19,028
982,408
Bank of Iwate Ltd/The
 
38,800
518,893
Bank of Nagoya Ltd/The
 
19,723
795,971
CCI Group Inc
 
120,490
827,715
Chiba Bank Ltd/The
 
323,049
5,251,181
Chugin Financial Group Inc
 
85,695
1,765,779
Daishi Hokuetsu Financial Group Inc
 
126,624
1,818,940
First Bank of Toyama Ltd/The (e)
 
31,700
572,248
Fukuoka Financial Group Inc
 
92,572
4,231,491
Gunma Bank Ltd/The
 
184,818
2,904,483
Hachijuni Nagano Bank Ltd
 
215,827
3,353,526
Hirogin Holdings Inc
 
147,896
2,024,145
Hokuhoku Financial Group Inc
 
59,308
2,744,109
Hyakugo Bank Ltd/The
 
111,985
1,399,901
Hyakujushi Bank Ltd/The
 
52,800
930,327
Iyogin Holdings Inc
 
127,217
2,862,317
Japan Post Bank Co Ltd
 
1,044,777
20,200,905
Juroku Financial Group Inc
 
88,850
1,304,064
Keiyo Bank Ltd/The
 
55,705
912,428
Kiyo Bank Ltd/The
 
34,980
1,017,343
Kyoto Financial Group Inc
 
130,878
3,607,519
Kyushu Financial Group Inc
 
192,877
1,772,889
Mebuki Financial Group Inc
 
467,258
4,329,608
Mitsubishi UFJ Financial Group Inc
 
6,231,418
139,188,055
Miyazaki Bank Ltd/The
 
42,100
611,951
Mizuho Financial Group Inc
 
1,381,258
71,610,218
Musashino Bank Ltd/The
 
52,989
845,515
Nanto Bank Ltd/The
 
78,280
835,897
Nishi-Nippon Financial Holdings Inc
 
68,851
1,819,583
North Pacific Bank Ltd
 
160,011
1,147,196
Ogaki Kyoritsu Bank Ltd/The
 
20,853
928,078
Oita Bank Ltd/The
 
39,600
629,886
Rakuten Bank Ltd (d)
 
50,586
1,728,862
Resona Holdings Inc
 
1,216,133
16,491,750
San ju San Financial Group Inc
 
55,500
656,405
San-In Godo Bank Ltd/The
 
85,106
1,233,456
Senshu Ikeda Holdings Inc
 
145,355
852,119
Seven Bank Ltd
 
330,020
658,833
Shiga Bank Ltd/The
 
103,920
1,544,114
Shizuoka Financial Group Inc
 
241,411
4,761,836
Sumitomo Mitsui Financial Group Inc
 
2,121,291
91,149,620
Sumitomo Mitsui Trust Group Inc
 
1,476,976
15,187,275
Suruga Bank Ltd
 
72,337
1,171,456
Toho Bank Ltd/The
 
126,345
674,328
Tokyo Kiraboshi Financial Group Inc
 
134,648
1,415,585
TOMONY Holdings Inc
 
113,161
700,843
Yamaguchi Financial Group Inc
 
100,098
1,850,935
Yamanashi Chuo Bank Ltd/The
 
17,300
688,662
Yokohama Financial Group Inc
 
577,684
6,575,666
 
 
 
435,726,841
Capital Markets - 0.2%
 
 
 
Daiwa Securities Group Inc
 
735,863
8,231,840
JAFCO Group Co ltd
 
35,045
491,764
Japan Exchange Group Inc
 
564,012
7,672,315
Matsui Securities Co Ltd
 
73,222
479,649
Monex Group Inc
 
95,173
419,030
Nihon M&A Center Holdings Inc
 
190,370
760,161
Nomura Holdings Inc
 
1,713,821
16,580,354
Okasan Securities Group Inc
 
88,230
610,093
SBI Holdings Inc
 
303,858
5,736,319
Tokai Tokyo Financial Holdings Inc
 
136,906
683,750
 
 
 
41,665,275
Consumer Finance - 0.0%
 
 
 
Acom Co Ltd
 
267,366
795,959
AEON Financial Service Co Ltd
 
70,456
692,734
Credit Saison Co Ltd
 
72,621
2,057,152
Jaccs Co Ltd
 
15,380
360,653
Marui Group Co Ltd
 
97,038
1,807,774
Muninova Holdings Inc
 
236,192
658,557
 
 
 
6,372,829
Financial Services - 0.2%
 
 
 
Financial Partners Group Co Ltd (e)
 
32,477
348,695
Fuyo General Lease Co Ltd
 
28,832
818,509
GMO Payment Gateway Inc
 
24,304
1,514,462
Japan Securities Finance Co Ltd
 
57,544
856,864
Mitsubishi HC Capital Inc
 
517,935
4,768,734
Mizuho Leasing Co Ltd
 
89,901
768,586
ORIX Corp
 
640,344
25,843,872
Ricoh Leasing Co Ltd
 
13,144
552,458
Sony Financial Group Inc
 
3,230,915
3,132,333
Tokyo Century Corp
 
78,413
1,281,356
Zenkoku Hosho Co Ltd
 
67,532
1,326,400
 
 
 
41,212,269
Insurance - 0.6%
 
 
 
Daiichi Life Group Inc
 
2,005,860
24,185,395
Japan Post Holdings Co Ltd
 
981,412
14,519,364
Japan Post Insurance Co Ltd
 
307,990
3,391,311
LIFENET INSURANCE CO (d)
 
44,093
460,199
MS&AD Insurance Group Holdings Inc
 
695,799
21,419,178
Sompo Holdings Inc
 
477,727
21,209,472
T&D Holdings Inc
 
259,243
8,170,259
Tokio Marine Holdings Inc
 
1,044,616
53,240,318
 
 
 
146,595,496
TOTAL FINANCIALS
 
 
671,572,710
Health Care - 0.8%
 
 
 
Biotechnology - 0.0%
 
 
 
GNI Group Ltd (d)(e)
 
32,507
503,220
Peptidream Inc (d)
 
55,373
327,892
SanBio Co Ltd (d)(e)
 
40,900
235,236
 
 
 
1,066,348
Health Care Equipment & Supplies - 0.2%
 
 
 
Asahi Intecc Co Ltd
 
122,811
2,770,756
Eiken Chemical Co Ltd
 
19,500
262,073
Fukuda Denshi Co Ltd
 
7,950
564,458
Hoya Corp
 
197,575
30,212,581
Mani Inc
 
49,216
463,979
Menicon Co Ltd
 
40,646
441,791
Nakanishi Inc
 
36,744
698,274
Nihon Kohden Corp
 
93,466
930,600
Nipro Corp
 
87,923
896,954
Olympus Corp
 
622,029
7,109,410
Sysmex Corp
 
263,626
2,661,965
Terumo Corp
 
780,393
11,448,283
 
 
 
58,461,124
Health Care Providers & Services - 0.0%
 
 
 
Alfresa Holdings Corp
 
98,211
1,424,552
As One Corp
 
39,725
598,577
H.U. Group Holdings Inc
 
34,100
728,746
Medipal Holdings Corp
 
106,876
1,924,464
Ship Healthcare Holdings Inc
 
49,503
793,037
Suzuken Co Ltd/Aichi Japan
 
32,910
1,049,928
Toho Holdings Co Ltd
 
33,107
834,903
 
 
 
7,354,207
Health Care Technology - 0.0%
 
 
 
JMDC Inc (e)
 
16,740
326,873
M3 Inc (e)
 
232,971
2,610,016
 
 
 
2,936,889
Pharmaceuticals - 0.6%
 
 
 
Astellas Pharma Inc
 
1,005,722
13,813,396
Chugai Pharmaceutical Co Ltd
 
393,001
17,052,845
Daiichi Sankyo Co Ltd
 
998,803
16,142,195
Eisai Co Ltd
 
155,264
4,667,680
Kaken Pharmaceutical Co Ltd
 
18,270
434,716
Kissei Pharmaceutical Co Ltd
 
20,885
533,281
Kyowa Kirin Co Ltd
 
135,677
2,177,960
Mochida Pharmaceutical Co Ltd
 
14,692
286,594
Nippon Shinyaku Co Ltd
 
31,094
661,391
Nxera Pharma Co Ltd (d)(e)
 
47,261
258,802
Ono Pharmaceutical Co Ltd
 
218,590
3,266,826
Otsuka Holdings Co Ltd
 
246,061
17,061,731
Santen Pharmaceutical Co Ltd
 
170,759
2,016,016
Sawai Group Holdings Co Ltd
 
68,263
705,108
Shionogi & Co Ltd
 
445,207
8,049,917
Sumitomo Pharma Co Ltd (d)
 
136,400
1,062,985
Takeda Pharmaceutical Co Ltd
 
927,200
31,836,008
Towa Pharmaceutical Co Ltd
 
17,823
445,819
Tsumura & Co
 
36,736
879,136
 
 
 
121,352,406
TOTAL HEALTH CARE
 
 
191,170,974
Industrials - 3.7%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Astroscale Holdings Inc (d)(e)
 
50,900
317,319
QPS Holdings Inc (e)
 
22,900
219,062
 
 
 
536,381
Air Freight & Logistics - 0.0%
 
 
 
Hamakyorex Co Ltd
 
40,108
460,121
Mitsui-Soko Holdings Co Ltd
 
32,659
737,151
NIPPON EXPRESS HOLDINGS INC
 
116,085
3,831,172
Sankyu Inc
 
23,827
1,409,433
SBS Holdings Inc
 
11,100
309,319
Senko Group Holdings Co Ltd
 
79,602
1,100,310
SG Holdings Co Ltd (e)
 
166,982
1,661,345
Yamato Holdings Co Ltd
 
131,483
1,706,277
 
 
 
11,215,128
Building Products - 0.2%
 
 
 
AGC Inc
 
109,990
4,148,055
Bunka Shutter Co Ltd
 
42,744
508,096
Central Glass Co Ltd
 
14,589
360,975
Daikin Industries Ltd
 
153,829
22,282,880
Lixil Corp
 
155,025
1,683,702
Nichias Corp
 
94,041
1,949,119
Nichiha Corp
 
16,929
325,709
Nihon Dengi Co Ltd
 
27,200
354,846
Nitto Boseki Co Ltd
 
70,410
1,209,308
Sanwa Holdings Corp
 
105,359
2,258,483
Sinko Industries Ltd
 
36,536
279,595
Takara Standard Co Ltd
 
28,209
531,240
Takasago Thermal Engineering Co Ltd
 
53,298
1,411,451
TOTO Ltd
 
77,168
3,349,027
 
 
 
40,652,486
Commercial Services & Supplies - 0.1%
 
 
 
ALSOK Co Ltd
 
197,964
1,455,137
Dai Nippon Printing Co Ltd
 
216,578
3,927,042
Daiei Kankyo Co Ltd
 
22,964
537,224
Daiseki Co Ltd
 
22,979
546,413
Duskin Co Ltd
 
26,088
728,464
Itoki Corp
 
26,600
487,337
Japan Elevator Service Holdings Co Ltd
 
87,778
930,306
Kokuyo Co Ltd
 
203,016
1,155,899
Matsuda Sangyo Co Ltd
 
9,200
309,319
Okamura Corp
 
38,814
566,614
Park24 Co Ltd
 
77,664
961,265
Pilot Corp
 
53,082
602,934
Secom Co Ltd
 
231,686
9,980,122
TOPPAN Holdings Inc
 
128,571
3,605,241
 
 
 
25,793,317
Construction & Engineering - 0.2%
 
 
 
Chiyoda Corp (d)(e)
 
82,200
333,854
Chudenko Corp
 
21,509
662,496
COMSYS Holdings Corp
 
63,245
2,075,922
Dai-Dan Co Ltd
 
58,871
887,697
EXEO Group Inc
 
106,411
1,737,572
Hazama Ando Corp
 
92,548
1,054,426
INFRONEER Holdings Inc
 
120,186
1,944,439
JGC Holdings Corp
 
120,452
1,684,662
Kajima Corp
 
233,962
7,817,665
Kandenko Co Ltd
 
71,401
2,374,944
Kinden Corp (e)
 
66,054
2,906,932
Kraftia Corp
 
25,291
1,329,998
Kumagai Gumi Co Ltd
 
85,116
758,014
MIRAIT ONE corp
 
56,724
1,253,027
Nippon Densetsu Kogyo Co Ltd
 
23,009
575,648
Nishimatsu Construction Co Ltd
 
18,668
618,634
Obayashi Corp
 
367,801
7,228,872
Okumura Corp
 
21,503
775,901
Penta-Ocean Construction Co Ltd
 
148,656
1,383,680
Raito Kogyo Co Ltd
 
24,567
578,797
Sanki Engineering Co Ltd
 
65,120
926,310
Shimizu Corp
 
281,883
4,152,371
SHO-BOND Holdings Co Ltd (e)
 
99,652
824,788
Taikisha Ltd
 
25,920
679,227
Taisei Corp
 
84,163
6,817,411
Toa Corp/Tokyo
 
37,900
475,447
Toda Corp
 
125,146
1,161,786
Tokyu Construction Co Ltd
 
52,974
384,718
Totetsu Kogyo Co Ltd
 
14,905
388,324
Yokogawa Bridge Holdings Corp
 
24,904
460,767
 
 
 
54,254,329
Electrical Equipment - 0.4%
 
 
 
Daihen Corp
 
10,822
905,486
Fuji Electric Co Ltd
 
80,113
6,991,407
Fujikura Ltd
 
882,084
22,384,080
Furukawa Electric Co Ltd
 
383,000
7,308,378
Mabuchi Motor Co Ltd
 
101,470
1,051,106
Mitsubishi Electric Corp
 
1,110,645
40,008,900
NIDEC CORP (d)
 
485,270
7,792,391
Nitto Kogyo Corp
 
15,942
430,005
PowerX Inc (e)
 
15,100
146,326
Sanyo Denki Co Ltd
 
14,400
487,475
Sinfonia Technology Co Ltd
 
13,182
1,072,510
SWCC Corp
 
15,707
1,082,718
Toyo Tanso Co Ltd
 
9,100
369,295
Ushio Inc
 
38,385
890,806
 
 
 
90,920,883
Ground Transportation - 0.2%
 
 
 
Central Japan Railway Co
 
438,846
10,920,618
East Japan Railway Co
 
564,877
12,996,997
Fukuyama Transporting Co Ltd
 
10,569
393,924
Hankyu Hanshin Holdings Inc
 
131,993
3,905,398
Keikyu Corp
 
125,185
1,222,016
Keio Corp
 
300,360
1,525,968
Keisei Electric Railway Co Ltd
 
231,164
1,857,832
Kintetsu Group Holdings Co Ltd
 
99,939
2,170,825
Kyushu Railway Co
 
76,419
1,724,451
Nagoya Railroad Co Ltd
 
124,921
1,484,967
Nankai Electric Railway Co Ltd
 
56,385
1,055,622
Nikkon Holdings Co Ltd (e)
 
55,504
1,751,871
Nishi-Nippon Railroad Co Ltd
 
39,162
766,053
Odakyu Electric Railway Co Ltd
 
187,648
2,076,893
Seibu Holdings Inc
 
116,932
2,618,677
Seino Holdings Co Ltd
 
58,162
960,374
Sotetsu Holdings Inc
 
58,457
965,886
Tobu Railway Co Ltd
 
107,575
2,086,688
Tokyo Metro Co Ltd (e)
 
163,400
1,487,864
Tokyu Corp
 
281,953
3,095,264
West Japan Railway Co
 
243,541
4,595,575
 
 
 
59,663,763
Industrial Conglomerates - 0.4%
 
 
 
Hikari Tsushin Inc
 
10,224
2,499,939
Hitachi Ltd
 
2,582,136
84,618,031
Keihan Holdings Co Ltd
 
54,169
1,110,190
Nisshinbo Holdings Inc
 
75,211
1,010,492
Sekisui Chemical Co Ltd
 
210,635
3,505,691
TOKAI Holdings Corp
 
63,599
462,919
 
 
 
93,207,262
Machinery - 0.8%
 
 
 
Amada Co Ltd
 
182,044
3,123,177
CKD Corp
 
30,164
1,100,770
Daifuku Co Ltd
 
184,442
6,794,145
DMG Mori Co Ltd (e)
 
78,186
1,788,889
Ebara Corp
 
269,018
9,132,516
FANUC Corp
 
546,343
22,015,165
Fuji Corp/Aichi
 
39,912
1,783,122
Furukawa Co Ltd
 
12,400
271,736
Galilei Holdings Co Ltd
 
17,040
367,504
Glory Ltd
 
26,242
746,020
Harmonic Drive Systems Inc
 
33,191
1,246,318
Hitachi Construction Machinery Co Ltd
 
59,218
1,973,754
Hoshizaki Corp
 
64,281
2,292,487
IHI Corp
 
571,683
9,995,852
Japan Steel Works Ltd/The
 
38,897
1,802,206
Kanadevia Corp
 
101,997
750,307
Kawasaki Heavy Industries Ltd
 
425,575
7,270,804
Kitz Corp
 
37,840
513,734
Komatsu Ltd
 
502,276
21,793,887
Kubota Corp
 
565,272
9,590,121
Kurita Water Industries Ltd
 
60,123
3,230,850
Kyokuto Kaihatsu Kogyo Co Ltd
 
24,472
359,531
Makino Milling Machine Co Ltd
 
13,064
1,134,888
Makita Corp
 
127,831
4,117,488
Max Co Ltd
 
58,160
666,756
Meidensha Corp
 
20,252
1,194,041
MINEBEA MITSUMI Inc
 
191,940
4,371,266
MISUMI Group Inc
 
157,752
3,753,073
Mitsubishi Heavy Industries Ltd
 
1,871,734
43,728,084
Mitsuboshi Belting Ltd
 
17,451
445,660
Mitsui E&S Co Ltd
 
54,500
1,643,683
Miura Co Ltd
 
51,924
1,041,097
Nabtesco Corp
 
61,368
1,763,898
Nachi-Fujikoshi Corp
 
9,700
328,038
Namura Shipbuilding Co Ltd
 
32,858
881,188
NGK Corp
 
126,851
4,340,131
Nikkiso Co Ltd
 
24,400
564,121
Nomura Micro Science Co Ltd
 
15,400
377,119
Noritake Co Ltd
 
23,942
502,757
NSK Ltd
 
214,883
1,530,600
NTN Corp
 
299,041
722,975
OKUMA Corp
 
28,750
878,082
Organo Corp
 
14,751
1,327,167
OSG Corp
 
38,785
884,865
Shibaura Machine Co Ltd
 
16,931
433,875
Shinmaywa Industries Ltd
 
32,320
395,907
SMC Corp
 
31,839
13,756,368
Sumitomo Heavy Industries Ltd
 
61,616
1,991,856
Tadano Ltd
 
50,218
417,331
Takeuchi Manufacturing Co Ltd
 
18,759
868,659
Takuma Co Ltd
 
29,222
616,476
THK Co Ltd
 
59,306
2,440,412
Tocalo Co Ltd
 
37,037
664,298
Tsubakimoto Chain Co
 
45,247
725,986
Tsugami Corp
 
20,900
766,956
Union Tool Co
 
4,900
466,234
Yaskawa Electric Corp
 
131,572
3,917,926
 
 
 
211,602,156
Marine Transportation - 0.1%
 
 
 
Iino Kaiun Kaisha Ltd
 
49,932
463,017
Kawasaki Kisen Kaisha Ltd
 
209,179
3,727,326
Mitsui OSK Lines Ltd
 
196,308
7,251,999
Nippon Yusen KK
 
227,171
8,722,801
 
 
 
20,165,143
Passenger Airlines - 0.0%
 
 
 
ANA Holdings Inc (e)
 
97,851
1,911,204
Japan Airlines Co Ltd
 
85,661
1,579,979
 
 
 
3,491,183
Professional Services - 0.3%
 
 
 
BayCurrent Inc
 
83,472
3,764,931
Funai Soken Holdings Inc
 
56,262
389,634
Infomart Corp
 
115,200
412,715
MEITEC Group Holdings Inc
 
39,413
825,000
Nomura Co Ltd
 
57,654
421,840
Open Up Group Inc
 
43,919
554,272
Persol Holdings Co Ltd
 
1,014,942
1,685,032
Recruit Holdings Co Ltd
 
774,235
61,227,142
SMS Co Ltd
 
38,578
535,637
Synspective Inc (d)(e)
 
35,100
250,206
TKC Corp
 
18,409
446,756
Transcosmos Inc
 
15,014
357,134
UT Group CO Ltd
 
334,440
385,160
Visional Inc (d)
 
14,945
823,475
 
 
 
72,078,934
Trading Companies & Distributors - 1.0%
 
 
 
Hanwa Co Ltd
 
92,015
977,297
Inaba Denki Sangyo Co Ltd
 
61,530
1,097,318
Inabata & Co Ltd
 
28,209
697,628
ITOCHU Corp
 
3,215,470
40,352,900
Kanamoto Co Ltd
 
16,950
552,211
Kanematsu Corp
 
97,684
1,275,082
Marubeni Corp
 
824,099
26,635,445
Mitsubishi Corp
 
1,763,203
52,707,039
Mitsui & Co Ltd
 
1,378,455
42,296,905
MonotaRO Co Ltd
 
140,862
1,777,566
Nagase & Co Ltd
 
203,484
1,435,227
Nishio Holdings Co Ltd
 
14,864
398,728
Sojitz Corp
 
121,346
4,054,232
Sumitomo Corp
 
2,373,684
24,638,756
Toyota Tsusho Corp
 
373,199
15,489,754
Trusco Nakayama Corp
 
32,458
489,408
Yamazen Corp
 
33,914
375,709
Yuasa Co Ltd
 
10,895
395,193
 
 
 
215,646,398
Transportation Infrastructure - 0.0%
 
 
 
Japan Airport Terminal Co Ltd
 
35,597
1,259,265
Kamigumi Co Ltd
 
45,499
1,477,549
Mitsubishi Logistics Corp
 
139,735
1,401,059
Sumitomo Warehouse Co Ltd/The
 
29,020
738,258
 
 
 
4,876,131
TOTAL INDUSTRIALS
 
 
904,103,494
Information Technology - 2.5%
 
 
 
Electronic Equipment, Instruments & Components - 0.8%
 
 
 
Ai Holdings Corp (e)
 
26,499
488,033
Alps Alpine Co Ltd
 
98,404
1,347,934
Amano Corp
 
31,058
752,345
Anritsu Corp
 
79,024
1,727,086
Azbil Corp
 
258,660
2,678,429
Canon Marketing Japan Inc
 
50,628
1,137,655
Citizen Watch Co Ltd
 
115,104
1,523,789
Daiwabo Holdings Co Ltd
 
43,483
969,194
Dexerials Corp
 
91,567
1,848,358
Furuno Electric CO Ltd
 
12,300
553,793
Furuya Metal Co Ltd
 
9,200
375,616
Hamamatsu Photonics KK
 
167,768
2,388,528
Hioki EE Corp
 
5,600
387,717
Hirose Electric Co Ltd
 
15,983
2,693,276
Horiba Ltd
 
19,574
3,072,166
Hosiden Corp
 
26,924
478,065
Ibiden Co Ltd
 
136,096
13,615,431
Japan Aviation Electronics Industry Ltd
 
36,635
540,554
Jeol Ltd
 
24,884
1,263,283
Kaga Electronics Co Ltd
 
23,468
681,580
Keyence Corp
 
110,055
55,202,160
Kyocera Corp
 
683,700
15,593,006
Macnica Holdings Inc
 
80,153
1,622,668
Maruwa Co Ltd/Aichi
 
5,016
1,698,445
Meiko Electronics Co Ltd
 
10,897
1,368,769
Murata Manufacturing Co Ltd
 
946,496
43,126,484
Nichicon Corp
 
24,500
435,385
Nippon Electric Glass Co Ltd
 
40,049
1,319,322
Oki Electric Industry Co Ltd
 
45,805
773,701
Omron Corp
 
102,573
3,429,984
Rigaku Holdings Corp (e)
 
74,300
940,368
Riken Keiki Co Ltd
 
18,201
393,300
Ryoyo Ryosan Holdings Inc
 
21,125
385,951
Santec Holdings Corp (e)
 
3,000
312,266
Seikoh Giken Co Ltd
 
2,900
330,594
Shimadzu Corp
 
132,174
3,361,518
Taiyo Yuden Co Ltd
 
70,746
4,375,013
TDK Corp
 
1,108,435
21,313,507
Yokogawa Electric Corp
 
129,892
4,632,562
 
 
 
199,137,835
IT Services - 0.3%
 
 
 
BIPROGY Inc
 
46,776
1,435,435
Dentsu Soken Inc
 
43,802
742,296
DTS Corp
 
96,760
703,708
Fujitsu Ltd
 
993,479
22,898,969
Future Corp
 
30,078
463,370
GMO internet group Inc
 
33,793
902,162
NEC Corp
 
718,740
21,359,996
Nomura Research Institute Ltd
 
222,636
6,586,364
NS Solutions Corp (e)
 
40,073
988,401
NSD Co Ltd
 
45,147
806,580
Obic Co Ltd
 
189,075
5,423,344
Otsuka Corp
 
132,295
2,729,849
SHIFT Inc (d)(e)
 
106,725
599,684
Simplex Holdings Inc
 
80,364
574,765
TISI Inc
 
122,619
2,939,714
 
 
 
69,154,637
Semiconductors & Semiconductor Equipment - 1.2%
 
 
 
Advantest Corp
 
427,549
84,475,962
Disco Corp
 
50,748
18,139,081
Ferrotec Corp
 
24,346
1,227,994
Japan Material Co Ltd
 
42,344
582,325
Kioxia Holdings Corp (d)
 
183,400
51,120,263
Kokusai Electric Corp
 
129,200
5,815,906
Lasertec Corp
 
45,558
10,466,145
Megachips Corp
 
5,300
295,776
Micronics Japan Co Ltd
 
16,029
1,307,046
Mitsui High-Tec Inc
 
73,486
410,669
Optorun Co Ltd
 
17,500
320,293
Renesas Electronics Corp
 
1,011,322
20,270,694
Rohm Co Ltd
 
181,070
4,801,352
Rorze Corp
 
51,110
1,230,883
RS Technologies Co Ltd
 
8,300
320,282
Sanken Electric Co Ltd (d)
 
11,689
597,504
SCREEN Holdings Co Ltd
 
89,390
6,819,085
Shibaura Mechatronics Corp
 
37,675
1,003,754
Socionext Inc
 
102,827
1,207,294
SUMCO Corp
 
202,759
4,122,095
Tekscend Photomask Corp (e)
 
27,400
659,804
Tokyo Electron Ltd
 
261,709
87,499,080
Tokyo Seimitsu Co Ltd
 
23,519
2,448,994
Towa Corp
 
32,624
529,125
Tri Chemical Laboratories Inc
 
18,600
372,167
Ulvac Inc
 
25,937
1,367,962
Yamaichi Electronics Co Ltd
 
10,700
555,480
 
 
 
307,967,015
Software - 0.0%
 
 
 
Freee KK (d)(e)
 
30,451
503,552
Justsystems Corp
 
15,661
397,356
Money Forward Inc (d)(e)
 
26,977
940,502
OBIC Business Consultants Co Ltd
 
18,709
949,478
Oracle Corp Japan
 
20,748
1,165,698
Rakus Co Ltd
 
103,078
696,144
Sansan Inc
 
48,053
610,723
Systena Corp
 
187,284
493,330
Trend Micro Inc/Japan (e)
 
73,645
2,967,294
 
 
 
8,724,077
Technology Hardware, Storage & Peripherals - 0.2%
 
 
 
Brother Industries Ltd
 
128,336
3,195,977
Canon Inc
 
459,842
12,799,760
Eizo Corp
 
19,648
354,714
FUJIFILM Holdings Corp
 
649,921
15,298,909
Konica Minolta Inc
 
259,012
946,333
Ricoh Co Ltd
 
295,413
2,898,883
Seiko Epson Corp
 
160,826
2,945,859
Sun Corp (e)
 
6,500
395,118
Toshiba TEC Corp
 
18,768
368,290
Wacom Co Ltd
 
71,162
343,252
 
 
 
39,547,095
TOTAL INFORMATION TECHNOLOGY
 
 
624,530,659
Materials - 0.7%
 
 
 
Chemicals - 0.5%
 
 
 
ADEKA Corp
 
42,207
1,030,155
Aica Kogyo Co Ltd
 
28,941
667,271
Air Water Inc
 
100,270
1,572,576
Artience Co Ltd
 
21,038
582,853
Asahi Kasei Corp
 
720,355
7,689,749
C Uyemura & Co Ltd
 
5,501
763,451
Chugoku Marine Paints Ltd
 
22,575
503,473
Daicel Corp
 
128,595
1,160,328
Denka Co Ltd
 
47,444
1,005,049
DIC Corp
 
43,049
1,183,846
Fujimi Inc
 
33,880
793,056
Fuso Chemical Co Ltd
 
33,846
774,755
Ise Chemicals Corp (e)
 
10,400
218,157
JCU Corp
 
11,638
423,245
Kaneka Corp
 
23,558
838,107
Kansai Paint Co Ltd
 
95,960
1,698,642
KH Neochem Co Ltd
 
22,153
455,826
Konishi Co Ltd
 
38,273
337,390
Kuraray Co Ltd
 
162,559
1,864,466
Kureha Corp
 
14,695
393,063
Lintec Corp
 
23,708
908,853
MEC Co Ltd
 
9,100
472,318
Mitsubishi Chemical Group Corp
 
707,243
5,204,496
Mitsubishi Gas Chemical Co Inc
 
86,302
2,229,206
Mitsui Chemicals Inc
 
208,012
2,734,895
Nihon Parkerizing Co Ltd
 
55,812
577,871
Nippon Kayaku Co Ltd
 
68,999
829,170
Nippon Paint Holdings Co Ltd
 
548,026
4,135,369
Nippon Sanso Holdings Corp
 
100,800
3,623,685
Nippon Shokubai Co Ltd
 
70,027
942,011
Nippon Soda Co Ltd
 
28,194
673,187
Nissan Chemical Corp (e)
 
69,519
3,231,425
Nitto Denko Corp
 
392,845
8,295,478
NOF Corp
 
112,448
1,953,830
Osaka Soda Co Ltd
 
42,275
462,896
PILLAR Corp /Japan
 
10,315
596,223
Resonac Holdings Corp (e)
 
103,242
8,599,969
Sakata INX Corp
 
25,121
391,843
Shikoku Kasei Holdings Corp
 
29,600
506,520
Shin-Etsu Chemical Co Ltd
 
957,239
34,125,703
Sumitomo Bakelite Co Ltd
 
38,548
1,543,530
Sumitomo Chemical Co Ltd
 
835,661
2,704,040
T Hasegawa Co Ltd
 
19,504
396,033
Taiyo Holdings Co Ltd
 
45,150
1,331,825
Teijin Ltd
 
107,145
1,091,971
Toagosei Co Ltd
 
49,070
548,536
Tokai Carbon Co Ltd
 
115,164
1,098,311
Tokuyama Corp
 
34,685
813,591
Tokyo Ohka Kogyo Co Ltd
 
51,991
2,815,721
Toray Industries Inc
 
764,505
5,491,634
Tosoh Corp
 
157,104
2,642,250
Toyobo Co Ltd
 
51,737
486,683
UBE Corp
 
50,616
1,002,354
Zeon Corp
 
79,021
1,108,152
 
 
 
127,525,037
Construction Materials - 0.0%
 
 
 
Sumitomo Osaka Cement Co Ltd
 
18,264
617,430
Taiheiyo Cement Corp
 
63,241
1,601,433
 
 
 
2,218,863
Containers & Packaging - 0.0%
 
 
 
FP Corp
 
27,285
432,809
Fuji Seal International Inc
 
27,264
513,637
Rengo Co Ltd
 
112,420
1,050,803
Toyo Seikan Group Holdings Ltd
 
59,602
1,514,426
 
 
 
3,511,675
Metals & Mining - 0.2%
 
 
 
Aichi Steel Corp
 
21,000
385,289
ARE Holdings Inc
 
43,168
830,651
Daido Steel Co Ltd
 
77,018
1,082,534
Dowa Holdings Co Ltd
 
30,985
1,580,891
JFE Holdings Inc
 
329,196
3,735,098
JX Advanced Metals Corp
 
321,300
7,443,940
Kobe Steel Ltd
 
217,202
2,811,315
Maruichi Steel Tube Ltd
 
97,157
1,084,996
Mitsubishi Materials Corp
 
72,396
1,879,000
Mitsui Kinzoku Co Ltd
 
31,574
5,944,537
Nippon Light Metal Holdings Co Ltd
 
36,152
608,153
Nippon Steel Corp
 
2,821,985
11,496,262
Nittetsu Mining Co Ltd (e)
 
25,000
468,353
Sumitomo Metal Mining Co Ltd
 
138,999
6,986,845
Tokyo Steel Manufacturing Co Ltd
 
35,655
395,681
UACJ Corp
 
92,000
1,342,864
Yamato Kogyo Co Ltd
 
19,930
1,677,791
Yodoko Ltd
 
57,600
498,838
 
 
 
50,253,038
Paper & Forest Products - 0.0%
 
 
 
Daio Paper Corp
 
60,548
376,838
Hokuetsu Corp
 
65,840
376,801
Nippon Paper Industries Co Ltd
 
68,525
590,157
Oji Holdings Corp
 
416,949
2,292,718
 
 
 
3,636,514
TOTAL MATERIALS
 
 
187,145,127
Real Estate - 0.4%
 
 
 
Diversified REITs - 0.1%
 
 
 
Activia Properties Inc
 
1,120
1,003,153
Daiwa House REIT Investment Corp
 
2,451
1,897,697
Hankyu Hanshin REIT Inc
 
383
346,643
Heiwa Real Estate REIT Inc
 
736
620,235
Hulic Reit Inc
 
725
716,686
KDX Realty Investment Corp
 
2,196
2,146,271
Mirai Corp
 
1,302
340,984
MIRARTH Real Estate Investment Corp
 
843
437,218
Mori Trust Reit Inc
 
1,436
687,170
Nomura Real Estate Master Fund Inc
 
2,221
2,124,259
NTT UD REIT Investment Corp
 
899
773,950
Sekisui House Reit Inc
 
2,218
1,054,884
Star Asia Investment Corp
 
1,855
623,042
United Urban Investment Corp
 
1,736
1,774,032
 
 
 
14,546,224
Hotel & Resort REITs - 0.0%
 
 
 
Hoshino Resorts REIT Inc
 
403
616,530
Invincible Investment Corp
 
4,298
1,647,105
Japan Hotel REIT Investment Corp
 
3,358
1,711,123
 
 
 
3,974,758
Industrial REITs - 0.0%
 
 
 
CRE Logistics REIT Inc
 
444
392,723
GLP J-REIT
 
2,443
2,220,084
Industrial & Infrastructure Fund Investment Corp
 
1,274
1,127,254
Japan Logistics Fund Inc
 
1,579
979,140
LaSalle Logiport REIT
 
982
939,369
Mitsubishi Estate Logistics REIT Investment Corp
 
837
653,728
Mitsui Fudosan Logistics Park Inc
 
1,793
1,214,488
Nippon Prologis REIT Inc
 
3,821
2,171,498
SOSiLA Logistics REIT Inc
 
530
361,892
 
 
 
10,060,176
Office REITs - 0.1%
 
 
 
Daiwa Office Investment Corp
 
296
633,048
Global One Real Estate Investment Corp
 
716
503,071
Ichigo Office REIT Investment Corp
 
538
324,927
Japan Excellent Inc
 
690
623,838
Japan Prime Realty Investment Corp
 
1,955
1,201,283
Japan Real Estate Investment Corp
 
3,753
2,871,984
Mori Hills REIT Investment Corp
 
808
658,889
Nippon Building Fund Inc
 
4,285
3,614,427
NIPPON REIT Investment Corp
 
1,115
586,426
Orix JREIT Inc
 
2,990
1,934,828
Tokyu REIT Inc
 
411
489,312
 
 
 
13,442,033
Real Estate Management & Development - 0.2%
 
 
 
Daito Trust Construction Co Ltd
 
163,485
3,450,853
Daiwa House Industry Co Ltd
 
324,366
9,525,515
Heiwa Real Estate Co Ltd
 
27,452
404,403
Hulic Co Ltd
 
263,130
2,893,048
Ichigo Inc
 
115,026
297,669
Kasumigaseki Capital Co Ltd (e)
 
11,182
518,725
Katitas Co Ltd
 
31,728
672,249
Leopalace21 Corp
 
150,684
637,507
Mitsubishi Estate Co Ltd
 
605,090
14,689,880
Mitsui Fudosan Co Ltd
 
1,450,981
14,134,610
Nomura Real Estate Holdings Inc
 
317,570
1,824,907
Relo Group Inc
 
55,814
704,199
Starts Corp Inc
 
21,570
639,608
Sumitomo Realty & Development Co Ltd
 
343,960
7,709,636
Tokyo Tatemono Co Ltd
 
103,643
2,186,999
Tokyu Fudosan Holdings Corp
 
317,001
2,634,732
 
 
 
62,924,540
Residential REITs - 0.0%
 
 
 
Advance Residence Investment Corp
 
1,539
1,427,936
Comforia Residential REIT Inc
 
1,192
763,991
Daiwa Securities Living Investments Corp
 
1,215
740,588
Mitsui Fudosan Accommodations Fund Inc
 
1,423
1,096,350
 
 
 
4,028,865
Retail REITs - 0.0%
 
 
 
AEON REIT Investment Corp
 
928
709,347
Fukuoka REIT Corp
 
419
470,288
Japan Metropolitan Fund Invest
 
4,092
3,022,626
Mitsui Fudosan Retail Fund Investment Corp
 
1,471
756,889
 
 
 
4,959,150
TOTAL REAL ESTATE
 
 
113,935,746
Utilities - 0.2%
 
 
 
Electric Utilities - 0.1%
 
 
 
Chubu Electric Power Co Inc
 
383,018
6,631,986
Chugoku Electric Power Co Inc/The
 
168,031
984,705
Hokkaido Electric Power Co Inc (e)
 
97,751
623,463
Hokuriku Electric Power Co
 
105,727
632,720
Kansai Electric Power Co Inc/The
 
552,002
8,359,782
Kyushu Electric Power Co Inc
 
241,023
2,670,301
Shikoku Electric Power Co Inc
 
96,197
998,259
Tohoku Electric Power Co Inc
 
276,291
2,030,262
Tokyo Electric Power Co Holdings Inc (d)
 
845,916
2,730,890
 
 
 
25,662,368
Gas Utilities - 0.1%
 
 
 
Nippon Gas Co Ltd
 
57,481
1,024,155
Osaka Gas Co Ltd
 
196,825
6,752,852
Toho Gas Co Ltd
 
153,692
1,113,111
Tokyo Gas Co Ltd
 
174,125
6,722,073
 
 
 
15,612,191
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Electric Power Development Co Ltd
 
81,655
1,931,659
TOTAL UTILITIES
 
 
43,206,218
TOTAL JAPAN
 
 
3,719,559,206
KOREA (SOUTH) - 5.5%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
LG Uplus Corp
 
74,903
758,831
Entertainment - 0.0%
 
 
 
HYBE Co Ltd (e)
 
14,161
1,637,869
JYP Entertainment Corp
 
16,674
495,911
Krafton Inc
 
16,872
2,817,179
NC Corp
 
7,527
1,209,152
Netmarble Corp (b)(c)
 
17,728
468,028
Pearl Abyss Corp (d)(e)
 
20,548
477,910
SM Entertainment Co Ltd
 
6,361
300,210
 
 
 
7,406,259
Interactive Media & Services - 0.1%
 
 
 
Kakao Corp
 
188,161
4,791,075
NAVER Corp
 
82,805
11,712,584
 
 
 
16,503,659
Media - 0.0%
 
 
 
Cheil Worldwide Inc
 
40,237
525,110
Wireless Telecommunication Services - 0.0%
 
 
 
SK Telecom Co Ltd
 
60,973
3,404,265
TOTAL COMMUNICATION SERVICES
 
 
28,598,124
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.1%
 
 
 
DN Automotive Corp
 
14,354
394,105
Hankook Tire & Technology Co Ltd
 
41,772
1,922,687
Hanon Systems (d)
 
222,512
497,995
HL Mando Co Ltd
 
19,660
596,842
Hyundai Mobis Co Ltd
 
34,585
11,051,168
Hyundai Wia Corp
 
10,679
423,425
SL Corp
 
9,720
349,323
 
 
 
15,235,545
Automobiles - 0.2%
 
 
 
Hyundai Motor Co
 
77,421
20,267,802
Kia Corp
 
137,613
12,258,767
 
 
 
32,526,569
Broadline Retail - 0.0%
 
 
 
Hyundai Department Store Co Ltd
 
7,170
578,687
Lotte Shopping Co Ltd
 
6,788
541,767
Shinsegae Inc
 
3,494
998,863
 
 
 
2,119,317
Distributors - 0.0%
 
 
 
Silicon2 Co Ltd
 
19,291
449,845
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Delivery Hero SE (b)(c)(d)(e)
 
96,936
4,225,715
Hanjin Kal Corp (e)
 
13,889
1,048,609
Kangwon Land Inc
 
62,571
634,161
Lotte Tour Development Co Ltd (d)
 
26,528
210,602
Paradise Co Ltd
 
26,701
178,040
 
 
 
6,297,127
Household Durables - 0.0%
 
 
 
Coway Co Ltd
 
31,698
1,984,165
LG Electronics Inc
 
62,030
6,793,251
 
 
 
8,777,416
Specialty Retail - 0.0%
 
 
 
Hotel Shilla Co Ltd (d)
 
19,725
588,595
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
F&F Co Ltd
 
8,621
478,177
Misto Holdings Corp
 
19,550
606,100
Youngone Corp
 
12,271
753,167
Youngone Holdings Co Ltd
 
3,533
464,975
 
 
 
2,302,419
TOTAL CONSUMER DISCRETIONARY
 
 
68,296,833
Consumer Staples - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
BGF retail Co Ltd
 
4,815
412,334
Dongsuh Cos Inc
 
20,301
356,394
E-MART Inc
 
11,828
643,237
GS Retail Co Ltd
 
24,523
415,223
 
 
 
1,827,188
Food Products - 0.0%
 
 
 
CJ CheilJedang Corp
 
5,159
677,721
NongShim Co Ltd
 
2,471
652,602
Orion Corp/Republic of Korea
 
14,368
1,301,897
Otoki Corp
 
1,434
321,265
Samyang Foods Co Ltd (e)
 
2,436
1,962,338
 
 
 
4,915,823
Personal Care Products - 0.1%
 
 
 
Amorepacific Corp
 
17,639
1,571,564
Amorepacific Holdings Corp
 
26,743
469,200
APR Corp/Korea (e)
 
14,470
3,172,974
Cosmax Inc
 
4,996
633,902
D'Alba Global Co Ltd
 
3,041
458,811
Kolmar Korea Co Ltd
 
10,017
655,071
LG H&H Co Ltd
 
6,481
1,279,443
 
 
 
8,240,965
Tobacco - 0.0%
 
 
 
KT&G Corp
 
53,406
6,566,243
TOTAL CONSUMER STAPLES
 
 
21,550,219
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
HD Hyundai Co Ltd
 
24,955
3,385,684
S-Oil Corp
 
24,720
2,187,339
SK Innovation Co Ltd (d)
 
37,621
2,847,220
TOTAL ENERGY
 
 
8,420,243
Financials - 0.4%
 
 
 
Banks - 0.3%
 
 
 
BNK Financial Group Inc
 
149,247
1,545,508
Hana Financial Group Inc
 
159,684
13,637,788
iM Financial Group Co Ltd
 
83,603
968,528
Industrial Bank of Korea
 
155,477
2,202,398
JB Financial Group Co Ltd
 
64,562
1,163,402
KakaoBank Corp
 
100,863
1,528,526
KB Financial Group Inc
 
207,406
23,983,710
Shinhan Financial Group Co Ltd
 
243,474
16,699,728
Woori Financial Group Inc
 
373,158
8,535,009
 
 
 
70,264,597
Capital Markets - 0.0%
 
 
 
Daishin Securities Co Ltd
 
23,981
422,547
Daou Technology Inc
 
14,280
359,535
Hanwha Investment & Securities Co Ltd (d)
 
85,983
241,263
KIWOOM Securities Co Ltd
 
8,356
1,648,527
Korea Investment Holdings Co Ltd
 
25,148
3,507,760
Mirae Asset Securities Co Ltd (e)
 
115,882
2,719,923
NH Investment & Securities Co Ltd
 
80,793
1,563,522
Samsung Securities Co Ltd
 
36,550
2,447,745
Shinyoung Securities Co Ltd
 
2,635
252,687
 
 
 
13,163,509
Financial Services - 0.0%
 
 
 
Meritz Financial Group Inc (d)
 
40,770
3,456,713
Insurance - 0.1%
 
 
 
DB Insurance Co Ltd
 
25,379
2,715,401
Hanwha Life Insurance Co Ltd (d)
 
170,969
510,828
Hyundai Marine & Fire Insurance Co Ltd (d)
 
35,273
927,025
Korean Reinsurance Co
 
79,359
753,358
Samsung Fire & Marine Insurance Co Ltd
 
17,085
7,305,949
Samsung Life Insurance Co Ltd
 
46,901
9,713,769
 
 
 
21,926,330
TOTAL FINANCIALS
 
 
108,811,149
Health Care - 0.2%
 
 
 
Biotechnology - 0.2%
 
 
 
ABLBio Inc (d)
 
22,553
1,032,906
Alteogen Inc
 
23,903
5,061,842
APRILBIO Co Ltd (d)
 
10,186
154,597
Celltrion Inc
 
89,597
11,408,391
D&D PharmaTech Inc
 
10,527
364,112
GI Innovation Inc (d)
 
33,669
171,525
Green Cross Corp/South Korea
 
3,489
278,221
Hugel Inc (d)
 
3,217
512,618
L&C Bio Co Ltd
 
10,503
373,399
Medytox Inc
 
4,430
219,335
Naturecell Co Ltd (d)
 
30,974
466,075
OliX Pharmaceuticals Inc (d)
 
9,172
594,498
PharmaResearch Co Ltd
 
3,956
918,149
Samsung Episholdings Co Ltd (e)
 
3,745
960,766
Seegene Inc
 
18,931
349,964
SK Bioscience Co Ltd (d)
 
24,246
562,184
Voronoi Inc (d)
 
6,662
510,852
 
 
 
23,939,434
Health Care Equipment & Supplies - 0.0%
 
 
 
Classys Inc
 
17,642
499,201
HLB Co Ltd (d)(e)
 
69,747
1,466,108
 
 
 
1,965,309
Health Care Providers & Services - 0.0%
 
 
 
Chabiotech Co Ltd (d)
 
34,575
199,256
Health Care Technology - 0.0%
 
 
 
Lunit Inc
 
43,721
276,489
Life Sciences Tools & Services - 0.0%
 
 
 
Curiox Biosystems Co Ltd (d)
 
8,154
210,305
LigaChem Biosciences Inc (d)
 
14,482
863,158
Peptron Inc (d)
 
12,183
1,067,175
Samsung Biologics Co Ltd (b)(c)(d)
 
6,727
6,838,186
 
 
 
8,978,824
Pharmaceuticals - 0.0%
 
 
 
Caregen Co Ltd
 
8,588
326,331
Celltrion Pharm Inc
 
12,937
357,860
Chong Kun Dang Pharmaceutical Corp
 
7,203
332,111
Daewoong Pharmaceutical Co Ltd
 
3,932
308,322
Hanall Biopharma Co Ltd (d)
 
18,799
552,907
Hanmi Pharm Co Ltd
 
3,775
859,816
HK inno N Corp
 
9,095
225,371
Mezzion Pharma Co Ltd (d)
 
12,205
491,599
Oscotec Inc (d)
 
18,770
388,343
Sam Chun Dang Pharm Co Ltd
 
8,464
862,396
SK Biopharmaceuticals Co Ltd (d)
 
18,521
1,005,430
ST Pharm Co Ltd
 
8,548
521,009
Yuhan Corp
 
33,157
1,672,848
 
 
 
7,904,343
TOTAL HEALTH CARE
 
 
43,263,655
Industrials - 0.8%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Hanwha Aerospace Co Ltd
 
19,634
12,453,968
Hanwha Systems Co Ltd
 
45,417
1,965,294
Korea Aerospace Industries Ltd (e)
 
41,182
3,622,746
LIG Defense&Aerospace Co Ltd
 
7,343
3,545,017
 
 
 
21,587,025
Air Freight & Logistics - 0.0%
 
 
 
CJ Logistics Corp
 
5,610
286,269
Hyundai Glovis Co Ltd
 
22,746
3,082,185
 
 
 
3,368,454
Commercial Services & Supplies - 0.0%
 
 
 
HD Hyundai Marine Solution Co Ltd
 
8,124
1,019,424
KEPCO Plant Service & Engineering Co Ltd
 
17,672
544,720
S-1 Corp
 
10,318
504,883
 
 
 
2,069,027
Construction & Engineering - 0.0%
 
 
 
Daewoo Engineering & Construction Co Ltd (d)(e)
 
117,672
997,607
DL E&C Co Ltd
 
17,903
707,440
GS Engineering & Construction Corp
 
40,289
632,768
Hyundai Engineering & Construction Co Ltd
 
43,660
2,795,084
IPARK Hyundai Development Co
 
23,839
324,256
KEPCO Engineering & Construction Co Inc
 
8,393
507,076
Samsung E&A Co Ltd
 
91,709
2,682,277
 
 
 
8,646,508
Electrical Equipment - 0.2%
 
 
 
CS Wind Corp
 
16,350
420,521
Doosan Enerbility Co Ltd (d)
 
264,073
11,957,362
Doosan Fuel Cell Co Ltd (d)
 
23,399
394,042
Ecopro BM Co Ltd (e)
 
32,532
2,296,013
Ecopro Co Ltd (e)
 
59,281
3,206,403
Ecopro Materials Co Ltd (d)
 
18,430
404,544
HD Hyundai Electric Co Ltd
 
13,613
6,219,728
Hyosung Heavy Industries Corp
 
2,975
4,777,186
Iljin Electric Co Ltd
 
14,032
492,715
L&F Co Ltd (d)
 
17,613
876,565
LG Energy Solution Ltd (d)(e)
 
27,182
6,075,812
LS Corp
 
9,896
1,764,541
LS Eco Energy Ltd
 
6,966
190,662
LS Electric Co Ltd
 
43,523
5,414,672
LS Materials Ltd
 
24,130
170,334
POSCO Future M Co Ltd
 
19,471
1,825,560
Sanil Electric Co Ltd
 
9,201
882,657
Shinsung Delta Tech Co Ltd
 
10,662
212,965
SPG Co Ltd
 
8,222
527,903
Taihan Cable & Solution Co Ltd (d)
 
42,505
668,238
 
 
 
48,778,423
Industrial Conglomerates - 0.4%
 
 
 
CJ Corp
 
8,021
710,827
Doosan Co Ltd
 
4,226
3,296,868
GS Holdings Corp
 
26,274
1,606,094
Hanwha Corp (g)
 
13,944
809,796
Hyosung Corp
 
4,650
456,899
LG Corp
 
50,318
3,446,892
Lotte Corp
 
20,692
319,988
Samsung C&T Corp
 
47,580
10,951,746
SK Inc
 
21,320
7,869,769
SK Square Co Ltd
 
53,996
36,684,144
 
 
 
66,153,023
Machinery - 0.1%
 
 
 
BHI Co Ltd (d)
 
13,027
359,021
Doosan Bobcat Inc
 
29,967
1,218,879
Doosan Robotics Inc (d)(e)
 
12,352
521,843
Hanwha Engine (d)
 
30,778
816,076
Hanwha Ocean Co Ltd (d)
 
77,405
4,527,565
HD Construction Equipment Co Ltd
 
18,168
1,531,380
HD Hyundai Heavy Industries Co Ltd (e)
 
18,254
6,038,603
HD Korea Shipbuilding & Offshore Engineering Co Ltd
 
25,249
6,624,899
HD-Hyundai Marine Engine (d)
 
14,133
473,982
HJ Shipbuilding & Construction Co Ltd (d)
 
26,925
289,964
Hyundai Elevator Co Ltd
 
15,750
728,270
Hyundai Rotem Co Ltd
 
41,241
3,786,664
People & Technology Inc
 
11,235
218,525
Rainbow Robotics (d)
 
4,725
1,387,783
Samsung Heavy Industries Co Ltd (d)
 
384,571
5,649,426
STX Engine Co Ltd (d)
 
11,199
176,062
 
 
 
34,348,942
Marine Transportation - 0.0%
 
 
 
HMM Co Ltd (e)
 
137,110
1,973,948
Pan Ocean Co Ltd
 
164,540
615,967
 
 
 
2,589,915
Passenger Airlines - 0.0%
 
 
 
Korean Air Lines Co Ltd
 
110,930
1,941,712
Trading Companies & Distributors - 0.0%
 
 
 
LX INTERNATIONAL CORP
 
20,326
523,929
Posco International Corp
 
27,103
976,305
SK Networks Co Ltd
 
67,846
338,209
 
 
 
1,838,443
TOTAL INDUSTRIALS
 
 
191,321,472
Information Technology - 3.5%
 
 
 
Communications Equipment - 0.0%
 
 
 
Intellian Technologies Inc
 
4,776
187,954
KMW Co Ltd (d)
 
19,566
187,939
Seojin System Co Ltd (d)
 
17,275
385,832
 
 
 
761,725
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
Daeduck Electronics Co Ltd / New
 
19,860
1,285,276
Daejoo Electronic Materials Co Ltd
 
6,735
326,074
Hanwha Vision Co Ltd (d)
 
19,328
542,484
IsuPetasys Co Ltd
 
31,766
1,575,849
LG Display Co Ltd (d)(e)
 
177,660
1,104,358
LG Innotek Co Ltd
 
8,230
2,808,533
Lotte Energy Materials Corp (d)
 
13,212
243,792
Park Systems Corp
 
2,801
482,977
Robotis Co Ltd (d)
 
5,831
721,739
Samsung Electro-Mechanics Co Ltd
 
32,751
24,727,136
Samsung SDI Co Ltd (d)
 
35,444
9,549,284
 
 
 
43,367,502
IT Services - 0.0%
 
 
 
Clobot Co Ltd (d)
 
15,505
244,775
Clobot Co Ltd rights 8/14/2026 (d)
 
2,059
3,063
Posco DX Co Ltd
 
31,240
409,817
Samsung SDS Co Ltd
 
22,636
3,152,769
 
 
 
3,810,424
Semiconductors & Semiconductor Equipment - 1.5%
 
 
 
DB HiTek Co Ltd
 
16,950
950,974
Eo Technics Co Ltd
 
4,727
947,022
Eugene Technology Co Ltd
 
8,218
612,566
Fadu Inc (d)
 
17,166
731,138
Hana Micron Inc
 
26,830
532,759
Hanmi Semiconductor Co Ltd (e)
 
23,458
3,350,501
HD Hyundai Energy Solutions Co Ltd (d)
 
3,258
250,048
HPSP Co Ltd
 
38,061
886,099
ISC Co Ltd
 
5,972
519,937
Jeju Semiconductor Corp (d)
 
17,255
738,826
Jusung Engineering Co Ltd
 
15,922
1,298,261
Koh Young Technology Inc
 
28,025
515,704
KoMiCo Ltd (g)
 
6,667
251,347
LEENO Industrial Inc
 
27,789
1,206,763
LX Semicon Co Ltd
 
9,442
221,606
PSK Holdings Inc
 
4,655
303,686
PSK Inc
 
11,404
992,300
Rfhic Corp
 
9,972
290,723
S&S Tech Corp
 
8,679
237,956
SIMMTECH Co Ltd
 
14,121
777,633
SK Hynix Inc
 
322,640
362,023,910
Taesung Co Ltd (d)
 
11,576
248,191
TechWing Inc
 
16,142
450,506
Tokai Carbon Korea Co Ltd
 
2,799
311,925
TSE Co Ltd
 
2,564
324,582
Wonik Holdings Co Ltd (d)
 
22,500
232,941
WONIK IPS Co Ltd
 
18,555
1,202,996
 
 
 
380,410,900
Technology Hardware, Storage & Peripherals - 1.9%
 
 
 
CosmoAM&T Co Ltd (d)
 
13,377
295,263
Samsung Electronics Co Ltd
 
2,735,684
470,461,784
 
 
 
470,757,047
TOTAL INFORMATION TECHNOLOGY
 
 
899,107,598
Materials - 0.1%
 
 
 
Chemicals - 0.1%
 
 
 
Dongjin Semichem Co Ltd
 
19,243
507,263
Foosung Co Ltd (d)
 
48,009
291,678
Han Kuk Carbon Co Ltd
 
18,521
272,972
Hansol Chemical Co Ltd
 
5,202
730,822
Hanwha Solutions Corp (d)
 
90,323
1,570,806
Hyosung TNC Corp
 
1,733
364,569
ISU Specialty Chemical (d)
 
11,214
399,456
KCC Corp
 
2,688
699,112
Kolon Industries Inc
 
11,575
376,983
Kum Yang Co Ltd (d)(g)
 
19,256
0
Kumho Petrochemical Co Ltd
 
8,627
677,462
Lake Materials Co Ltd
 
24,565
181,654
LG Chem Ltd
 
21,621
3,783,647
Lotte Chemical Corp
 
10,705
412,344
LOTTE Fine Chemical Co Ltd
 
10,212
311,739
OCI Holdings Co Ltd
 
7,497
976,646
SKC Co Ltd (d)
 
15,038
729,489
Soulbrain Co Ltd
 
2,155
368,716
 
 
 
12,655,358
Metals & Mining - 0.0%
 
 
 
Hyundai Steel Co
 
50,311
902,724
Poongsan Corp
 
11,143
553,394
POSCO Holdings Inc
 
41,418
8,836,083
SeAH Besteel Holdings Corp
 
8,496
193,288
 
 
 
10,485,489
TOTAL MATERIALS
 
 
23,140,847
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
SK REITs Co Ltd
 
104,553
387,535
Industrial REITs - 0.0%
 
 
 
ESR Kendall Square REIT Co Ltd
 
99,064
220,448
TOTAL REAL ESTATE
 
 
607,983
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Korea Electric Power Corp
 
147,865
3,510,737
Gas Utilities - 0.0%
 
 
 
Korea Gas Corp
 
15,178
361,637
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
SK Eternix Co Ltd (d)
 
13,161
403,425
TOTAL UTILITIES
 
 
4,275,799
TOTAL KOREA (SOUTH)
 
 
1,397,393,922
KUWAIT - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Kuwait Telecommunications Co
 
225,721
457,424
Mobile Telecommunications Co KSCP
 
1,074,957
2,074,174
TOTAL COMMUNICATION SERVICES
 
 
2,531,598
Consumer Discretionary - 0.0%
 
 
 
Diversified Consumer Services - 0.0%
 
 
 
Humansoft Holding Co KSC
 
62,297
483,033
Specialty Retail - 0.0%
 
 
 
Ali Alghanim Sons Automotive Co KSCC
 
142,297
412,082
TOTAL CONSUMER DISCRETIONARY
 
 
895,115
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Al Ahli Bank of Kuwait KSCP
 
852,751
738,647
Boubyan Bank KSCP
 
970,793
2,020,655
Burgan Bank SAK
 
716,505
435,368
Gulf Bank KSCP
 
1,234,213
1,404,147
Kuwait Finance House KSCP
 
6,568,474
16,665,327
Kuwait International Bank KSCP
 
583,901
481,237
Kuwait Projects Co Holding KSCP
 
1,558,403
401,941
National Bank of Kuwait SAKP
 
5,115,753
14,186,542
Warba Bank KSCP
 
1,557,491
1,404,460
 
 
 
37,738,324
Capital Markets - 0.0%
 
 
 
Boursa Kuwait Securities Co KPSC
 
61,895
561,136
TOTAL FINANCIALS
 
 
38,299,460
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
Agility Global PLC
 
2,578,443
1,186,379
Agility Public Warehousing Co KSCC
 
1,082,884
510,992
 
 
 
1,697,371
Electrical Equipment - 0.0%
 
 
 
Gulf Cables & Electrical Industries Group Co. KSCP
 
55,466
299,201
Industrial Conglomerates - 0.0%
 
 
 
National Industries Group Holding SAK
 
1,288,278
945,181
TOTAL INDUSTRIALS
 
 
2,941,753
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Boubyan Petrochemicals Co KSCP
 
243,737
488,419
Construction Materials - 0.0%
 
 
 
National Industries Co KSC
 
51,531
44,802
TOTAL MATERIALS
 
 
533,221
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Commercial Real Estate Co KSC
 
951,224
593,362
Kuwait Real Estate Co KSC
 
592,831
634,218
Mabanee Co KPSC
 
410,323
1,230,704
Salhia Real Estate Co KSCP
 
257,785
319,107
TOTAL REAL ESTATE
 
 
2,777,391
TOTAL KUWAIT
 
 
47,978,538
LUXEMBOURG - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Media - 0.0%
 
 
 
RTL Group SA (Germany) (e)
 
23,808
890,889
SES SA Series A depository receipt
 
218,900
1,452,703
TOTAL COMMUNICATION SERVICES
 
 
2,343,592
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
CVC Capital Partners PLC (b)(c)(e)
 
125,614
2,101,799
Reinet Investments SCA (South Africa)
 
79,189
2,160,834
TOTAL FINANCIALS
 
 
4,262,633
Health Care - 0.0%
 
 
 
Life Sciences Tools & Services - 0.0%
 
 
 
Eurofins Scientific SE
 
66,368
5,216,439
Materials - 0.1%
 
 
 
Metals & Mining - 0.1%
 
 
 
APERAM SA
 
25,415
1,332,310
ArcelorMittal SA
 
249,435
17,471,009
TOTAL MATERIALS
 
 
18,803,319
TOTAL LUXEMBOURG
 
 
30,625,983
MACAU - 0.0%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Galaxy Entertainment Group Ltd
 
1,133,747
4,944,267
MGM China Holdings Ltd
 
534,400
774,098
Sands China Ltd
 
1,396,943
2,622,029
SJM Holdings Ltd (d)(e)
 
1,880,462
381,252
Wynn Macau Ltd
 
1,058,571
766,689
 
 
 
 
TOTAL MACAU
 
 
9,488,335
MALAYSIA - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telekom Malaysia Bhd
 
718,224
1,361,745
TIME dotCom Bhd
 
721,303
1,059,176
 
 
 
2,420,921
Wireless Telecommunication Services - 0.0%
 
 
 
CELCOMDIGI BHD
 
1,841,345
1,343,497
Maxis Bhd
 
1,294,617
1,172,333
 
 
 
2,515,830
TOTAL COMMUNICATION SERVICES
 
 
4,936,751
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Genting Bhd
 
1,326,357
687,941
Genting Malaysia Bhd
 
1,285,009
549,469
 
 
 
1,237,410
Specialty Retail - 0.0%
 
 
 
MR DIY Group M Bhd (b)(c)
 
1,826,205
705,754
TOTAL CONSUMER DISCRETIONARY
 
 
1,943,164
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
Carlsberg Brewery Malaysia Bhd
 
125,604
489,229
Fraser & Neave Holdings Bhd
 
86,388
587,357
Heineken Malaysia Bhd
 
102,432
479,756
 
 
 
1,556,342
Food Products - 0.1%
 
 
 
Farm Fresh Bhd
 
806,200
441,470
IOI Corp Bhd
 
1,466,094
1,588,325
Kuala Lumpur Kepong Bhd
 
293,180
1,509,535
Nestle Malaysia Bhd
 
4,601
113,883
PPB Group Bhd
 
381,800
877,159
QL Resources Bhd
 
932,950
912,672
SD Guthrie Bhd
 
1,211,796
1,930,710
United Plantations BHD
 
140,794
1,163,432
 
 
 
8,537,186
TOTAL CONSUMER STAPLES
 
 
10,093,528
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Dialog Group Bhd
 
1,918,558
931,931
Yinson Holdings BHD
 
714,722
340,835
TOTAL ENERGY
 
 
1,272,766
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Alliance Bank Malaysia Bhd
 
696,189
811,216
AMMB Holdings Bhd
 
1,508,493
2,498,406
Bank Islam Malaysia Bhd
 
533,600
277,883
CIMB Group Holdings Bhd
 
4,608,467
8,899,818
Hong Leong Bank Bhd
 
402,455
2,171,433
Malayan Banking Bhd
 
3,346,571
8,921,929
MBSB Bhd
 
1,798,798
279,631
Public Bank Bhd
 
8,572,388
10,837,391
RHB Bank Bhd
 
1,083,321
2,265,845
 
 
 
36,963,552
Capital Markets - 0.0%
 
 
 
Bursa Malaysia Bhd
 
277,348
583,345
TOTAL FINANCIALS
 
 
37,546,897
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Hartalega Holdings Bhd
 
1,051,600
262,430
Top Glove Corp Bhd
 
3,412,903
555,469
 
 
 
817,899
Health Care Providers & Services - 0.0%
 
 
 
IHH Healthcare Bhd
 
979,304
2,002,255
Kpj Healthcare Bhd
 
1,082,794
821,726
Sunway Healthcare Holdings bhd
 
23
11
 
 
 
2,823,992
TOTAL HEALTH CARE
 
 
3,641,891
Industrials - 0.1%
 
 
 
Commercial Services & Supplies - 0.0%
 
 
 
Frontken Corp Bhd
 
901,187
1,146,808
Construction & Engineering - 0.1%
 
 
 
Gamuda Bhd
 
3,090,794
3,229,392
IJM Corp Bhd
 
1,473,294
865,858
Kelington Group Bhd
 
372,200
755,050
Sunway Construction Group Bhd
 
313,800
607,561
 
 
 
5,457,861
Industrial Conglomerates - 0.0%
 
 
 
Sime Darby Bhd
 
1,708,629
902,355
Sunway Bhd
 
1,587,200
2,047,900
Tanco Holdings Bhd (d)
 
1,418,100
89,413
 
 
 
3,039,668
Machinery - 0.0%
 
 
 
UWC BHD (d)
 
259,900
402,625
Marine Transportation - 0.0%
 
 
 
MISC Bhd
 
792,302
1,535,181
Professional Services - 0.0%
 
 
 
Zetrix Ai Bhd
 
3,169,994
576,726
TOTAL INDUSTRIALS
 
 
12,158,869
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
VS Industry Bhd warrants 9/5/2026 (d)
 
141,146
0
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Greatech Technology Bhd (d)
 
694,200
402,530
Inari Amertron Bhd
 
1,507,441
816,404
Malaysian Pacific Industries Bhd
 
51,942
581,900
ViTrox Corp Bhd
 
387,482
821,397
 
 
 
2,622,231
TOTAL INFORMATION TECHNOLOGY
 
 
2,622,231
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Petronas Chemicals Group Bhd
 
1,397,321
1,638,868
Scientex BHD
 
379,581
343,883
 
 
 
1,982,751
Construction Materials - 0.0%
 
 
 
Malayan Cement Bhd
 
288,800
458,408
Metals & Mining - 0.0%
 
 
 
Press Metal Aluminium Holdings Bhd
 
2,149,741
4,173,163
TOTAL MATERIALS
 
 
6,614,322
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Axis Real Estate Investment Trust
 
1,057,359
497,388
Real Estate Management & Development - 0.0%
 
 
 
Eco World Development Group Bhd
 
863,900
435,694
IOI Properties Group Bhd
 
799,163
741,055
Matrix Concepts Holdings Bhd
 
1,238,500
366,199
Sime Darby Property Bhd
 
1,760,800
580,282
SP Setia Bhd Group
 
1,559,362
354,656
 
 
 
2,477,886
Retail REITs - 0.0%
 
 
 
IGB Real Estate Investment Trust
 
1,167,500
785,287
Pavilion Real Estate Investment Trust
 
1,018,200
443,173
Sunway Real Estate Investment Trust
 
1,214,536
659,445
 
 
 
1,887,905
TOTAL REAL ESTATE
 
 
4,863,179
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Tenaga Nasional Bhd
 
1,503,696
5,371,906
Gas Utilities - 0.0%
 
 
 
Petronas Gas Bhd
 
460,352
1,975,913
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Mega First Corp BHD
 
354,368
256,950
Multi-Utilities - 0.0%
 
 
 
YTL Corp Bhd
 
303,619
143,833
YTL Power International Bhd
 
2,002,082
2,045,673
 
 
 
2,189,506
TOTAL UTILITIES
 
 
9,794,275
TOTAL MALAYSIA
 
 
95,487,873
MAURITIUS - 0.0%
 
 
 
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Lighthouse Properties PLC
 
784,224
384,464
MEXICO - 0.6%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Grupo Televisa SAB (d)
 
1,389,863
787,236
Media - 0.0%
 
 
 
Megacable Holdings SAB de CV unit
 
284,875
970,939
Wireless Telecommunication Services - 0.1%
 
 
 
America Movil SAB de CV Series B
 
8,695,605
11,080,690
TOTAL COMMUNICATION SERVICES
 
 
12,838,865
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Alsea SAB de CV
 
327,252
795,858
Consumer Staples - 0.1%
 
 
 
Beverages - 0.1%
 
 
 
Arca Continental SAB de CV
 
294,451
3,374,043
Coca-Cola Femsa SAB de CV unit
 
304,487
3,292,141
Fomento Economico Mexicano SAB de CV unit
 
984,577
12,588,965
 
 
 
19,255,149
Consumer Staples Distribution & Retail - 0.0%
 
 
 
La Comer SAB de CV (e)
 
205,912
405,772
Wal-Mart de Mexico SAB de CV Series V
 
3,018,169
8,756,777
 
 
 
9,162,549
Food Products - 0.0%
 
 
 
Gruma SAB de CV Series B
 
87,360
1,302,519
Grupo Bimbo SAB de CV (e)
 
757,385
2,709,522
Sigma Foods SAB de CV
 
2,157,525
2,199,942
 
 
 
6,211,983
Household Products - 0.0%
 
 
 
Kimberly-Clark de Mexico SAB de CV Series A
 
855,012
1,984,554
TOTAL CONSUMER STAPLES
 
 
36,614,235
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Banco del Bajio SA (b)(c)
 
465,499
1,551,081
Grupo Financiero Banorte SAB de CV
 
1,402,469
16,242,227
Grupo Financiero Inbursa SAB de CV Series O
 
854,913
2,196,084
Regional SAB de CV
 
162,333
1,333,006
 
 
 
21,322,398
Capital Markets - 0.0%
 
 
 
Bolsa Mexicana de Valores SAB de CV
 
264,053
586,818
Consumer Finance - 0.0%
 
 
 
Gentera SAB de CV
 
638,490
1,480,145
Insurance - 0.0%
 
 
 
Qualitas Controladora SAB de CV (e)
 
122,891
1,123,364
TOTAL FINANCIALS
 
 
24,512,725
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Genomma Lab Internacional SAB de CV
 
405,848
343,996
Industrials - 0.1%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Grupo Carso SAB de CV Series A1
 
311,138
2,663,433
Passenger Airlines - 0.0%
 
 
 
Controladora Vuela Cia de Aviacion SAB de CV Series A (d)
 
555,923
435,250
Transportation Infrastructure - 0.1%
 
 
 
Grupo Aeroportuario del Centro Norte SAB de CV Series B
 
161,970
2,163,372
Grupo Aeroportuario del Pacifico SAB de CV Series B
 
223,029
4,848,703
Grupo Aeroportuario del Sureste SAB de CV Series B
 
103,582
2,868,503
Promotora y Operadora de Infraestructura SAB de CV
 
109,748
1,733,016
 
 
 
11,613,594
TOTAL INDUSTRIALS
 
 
14,712,277
Materials - 0.2%
 
 
 
Chemicals - 0.0%
 
 
 
Alpek SAB de CV (d)
 
870,701
647,515
Orbia Advance Corp SAB de CV (d)
 
486,511
686,528
 
 
 
1,334,043
Construction Materials - 0.0%
 
 
 
Cemex SAB de CV unit
 
8,888,045
10,525,350
Metals & Mining - 0.2%
 
 
 
Fresnillo PLC
 
106,506
3,552,701
Grupo Mexico SAB de CV Series B
 
1,693,765
20,314,032
Industrias Penoles SAB de CV
 
109,408
5,036,577
Southern Copper Corp
 
53,127
9,706,834
 
 
 
38,610,144
TOTAL MATERIALS
 
 
50,469,537
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Fibra Uno Administracion SA de CV
 
1,554,389
2,799,237
Industrial REITs - 0.0%
 
 
 
FIBRA Macquarie Mexico (b)
 
84,326
218,903
Fibra MTY SAPI de CV (e)
 
2,334,200
2,018,899
Prologis Property Mexico SA de CV (e)
 
651,563
2,926,100
 
 
 
5,163,902
Real Estate Management & Development - 0.0%
 
 
 
Corp Inmobiliaria Vesta SAB de CV
 
476,404
1,651,783
TOTAL REAL ESTATE
 
 
9,614,922
TOTAL MEXICO
 
 
149,902,415
MOROCCO - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Aya Gold & Silver Inc (d)
 
78,419
1,540,578
NETHERLANDS - 2.8%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Koninklijke KPN NV
 
2,256,522
10,654,938
Entertainment - 0.0%
 
 
 
Universal Music Group NV
 
594,098
9,802,356
Media - 0.0%
 
 
 
Havas NV
 
33,527
717,174
TOTAL COMMUNICATION SERVICES
 
 
21,174,468
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Basic-Fit NV (b)(c)(d)
 
28,526
1,138,816
Consumer Staples - 0.2%
 
 
 
Beverages - 0.1%
 
 
 
Heineken Holding NV Class A
 
70,743
5,951,063
Heineken NV
 
167,233
15,141,343
 
 
 
21,092,406
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Koninklijke Ahold Delhaize NV
 
516,080
20,448,243
Redcare Pharmacy NV (b)(c)(d)(e)
 
9,327
660,383
 
 
 
21,108,626
Food Products - 0.0%
 
 
 
Magnum Ice Cream Co NV/The (d)
 
284,906
5,321,023
TOTAL CONSUMER STAPLES
 
 
47,522,055
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
SBM Offshore NV
 
77,124
2,876,175
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Koninklijke Vopak NV
 
33,044
1,866,368
TOTAL ENERGY
 
 
4,742,543
Financials - 0.5%
 
 
 
Banks - 0.3%
 
 
 
ABN AMRO Bank NV depository receipt (c)
 
361,916
16,276,394
ING Groep NV
 
1,701,638
59,798,211
 
 
 
76,074,605
Capital Markets - 0.0%
 
 
 
Euronext NV (b)
 
45,588
8,337,571
Flow Traders Ltd (d)
 
22,359
682,741
Van Lanschot Kempen NV depository receipt
 
15,259
1,144,614
 
 
 
10,164,926
Financial Services - 0.1%
 
 
 
Adyen NV (b)(c)(d)
 
15,743
16,014,036
EXOR NV
 
52,231
4,173,951
 
 
 
20,187,987
Insurance - 0.1%
 
 
 
ASR Nederland NV
 
91,191
7,453,521
NN Group NV
 
151,891
14,292,494
 
 
 
21,746,015
TOTAL FINANCIALS
 
 
128,173,533
Health Care - 0.2%
 
 
 
Biotechnology - 0.2%
 
 
 
Argenx SE (d)
 
36,155
30,966,660
Pharming Group NV (d)(e)
 
474,334
480,356
 
 
 
31,447,016
Health Care Equipment & Supplies - 0.0%
 
 
 
Koninklijke Philips NV
 
450,133
11,860,045
Pharmaceuticals - 0.0%
 
 
 
Pharvaris NV (d)(e)
 
13,366
435,999
TOTAL HEALTH CARE
 
 
43,743,060
Industrials - 0.1%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Fugro NV (e)
 
67,368
661,103
Koninklijke BAM Groep NV
 
159,465
2,131,251
Koninklijke Heijmans N.V depository receipt
 
13,908
1,498,752
 
 
 
4,291,106
Electrical Equipment - 0.0%
 
 
 
TKH Group NV depository receipt
 
22,272
1,093,066
Machinery - 0.0%
 
 
 
Aalberts NV
 
57,147
2,804,664
Professional Services - 0.1%
 
 
 
Arcadis NV
 
38,638
1,809,841
Randstad NV
 
61,764
2,599,645
Wolters Kluwer NV
 
134,297
10,543,479
 
 
 
14,952,965
Trading Companies & Distributors - 0.0%
 
 
 
IMCD NV
 
33,431
3,653,860
TOTAL INDUSTRIALS
 
 
26,795,661
Information Technology - 1.7%
 
 
 
Semiconductors & Semiconductor Equipment - 1.6%
 
 
 
ASM International NV
 
27,387
25,302,953
ASML Holding NV
 
226,671
373,541,450
BE Semiconductor Industries NV
 
41,623
9,515,517
 
 
 
408,359,920
Software - 0.1%
 
 
 
Nebius Group NV Class A (d)(e)
 
118,155
22,497,894
Nebius Group NV Class A (Russia) (d)(g)
 
84,793
0
 
 
 
22,497,894
TOTAL INFORMATION TECHNOLOGY
 
 
430,857,814
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Akzo Nobel NV
 
91,495
6,408,543
Corbion NV
 
36,384
794,231
 
 
 
7,202,774
Metals & Mining - 0.0%
 
 
 
AMG Critical Materials NV
 
21,043
713,413
TOTAL MATERIALS
 
 
7,916,187
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Argo Properties NV (d)
 
13,985
579,257
Retail REITs - 0.0%
 
 
 
Eurocommercial Properties NV
 
29,918
965,999
Wereldhave NV
 
24,201
534,147
 
 
 
1,500,146
TOTAL REAL ESTATE
 
 
2,079,403
TOTAL NETHERLANDS
 
 
714,143,540
NEW ZEALAND - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Spark New Zealand Ltd
 
1,118,315
1,264,325
Financials - 0.0%
 
 
 
Financial Services - 0.0%
 
 
 
Infratil Ltd
 
523,751
4,546,566
Health Care - 0.1%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
Fisher & Paykel Healthcare Corp Ltd
 
340,327
8,139,538
Health Care Providers & Services - 0.0%
 
 
 
Ryman Healthcare Ltd (d)
 
536,992
677,713
TOTAL HEALTH CARE
 
 
8,817,251
Industrials - 0.0%
 
 
 
Building Products - 0.0%
 
 
 
Fletcher Building Ltd (d)
 
658,795
1,412,670
Transportation Infrastructure - 0.0%
 
 
 
Auckland International Airport Ltd
 
975,725
5,002,748
TOTAL INDUSTRIALS
 
 
6,415,418
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
Xero Ltd (d)
 
96,989
4,842,181
Real Estate - 0.0%
 
 
 
Industrial REITs - 0.0%
 
 
 
Goodman New Zealand Ltd & Goodman Property Services NZ Ltd
 
698,016
825,196
Retail REITs - 0.0%
 
 
 
Kiwi Property Group Ltd
 
962,898
527,692
TOTAL REAL ESTATE
 
 
1,352,888
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Contact Energy Ltd
 
562,622
3,008,700
Mercury NZ Ltd
 
417,607
1,647,933
 
 
 
4,656,633
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Meridian Energy Ltd
 
792,277
2,656,730
TOTAL UTILITIES
 
 
7,313,363
TOTAL NEW ZEALAND
 
 
34,551,992
NIGERIA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Airtel Africa PLC (b)(c)
 
435,200
1,953,181
NORWAY - 0.5%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telenor ASA
 
363,215
5,127,741
Interactive Media & Services - 0.0%
 
 
 
Vend Marketplaces ASA B Shares
 
94,817
2,391,059
TOTAL COMMUNICATION SERVICES
 
 
7,518,800
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Europris ASA (b)(c)
 
100,068
900,639
Hotels, Restaurants & Leisure - 0.0%
 
 
 
SATS ASA
 
122,298
541,324
TOTAL CONSUMER DISCRETIONARY
 
 
1,441,963
Consumer Staples - 0.1%
 
 
 
Food Products - 0.1%
 
 
 
Austevoll Seafood ASA
 
61,157
548,493
Leroy Seafood Group ASA
 
190,015
832,036
Mowi ASA
 
252,477
5,397,188
Orkla ASA
 
429,924
4,775,571
Salmar ASA
 
39,929
2,171,817
TOTAL CONSUMER STAPLES
 
 
13,725,105
Energy - 0.2%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Aker Solutions ASA
 
188,856
837,721
DOF Group ASA A Shares
 
83,679
1,099,239
Odfjell Drilling Ltd
 
69,215
664,580
TGS ASA
 
115,185
1,548,359
 
 
 
4,149,899
Oil, Gas & Consumable Fuels - 0.2%
 
 
 
Aker BP ASA
 
183,072
6,461,365
BLUENORD ASA
 
13,362
721,851
DNO ASA A Shares
 
308,835
544,840
Equinor ASA
 
411,278
16,883,345
Frontline PLC (Norway)
 
85,482
3,389,516
Var Energi ASA
 
546,577
2,722,072
 
 
 
30,722,989
TOTAL ENERGY
 
 
34,872,888
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
DNB Bank ASA
 
463,697
14,922,457
SpareBank 1 Nord Norge
 
62,258
1,039,484
Sparebank 1 Oestlandet
 
34,840
715,658
SpareBank 1 SMN
 
74,640
1,546,117
SpareBank 1 Sor-Norge ASA
 
123,043
2,752,320
 
 
 
20,976,036
Insurance - 0.0%
 
 
 
Gjensidige Forsikring ASA
 
120,232
3,580,002
Protector Forsikring ASA
 
30,578
1,585,442
Storebrand ASA A Shares
 
233,921
4,970,899
 
 
 
10,136,343
TOTAL FINANCIALS
 
 
31,112,379
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Kongsberg Gruppen ASA
 
245,888
7,684,731
Industrial Conglomerates - 0.0%
 
 
 
Aker ASA A Shares
 
13,007
1,748,448
Machinery - 0.0%
 
 
 
AutoStore Holdings Ltd (b)(c)(d)
 
606,418
767,180
Kongsberg Maritime AS
 
260,719
1,466,244
TOMRA Systems ASA
 
129,679
1,433,960
 
 
 
3,667,384
Marine Transportation - 0.0%
 
 
 
Hoegh Autoliners ASA (e)
 
61,882
1,100,197
MPC Container Ships ASA
 
221,982
570,560
Stolt-Nielsen Ltd
 
13,032
437,264
Wallenius Wilhelmsen ASA
 
60,375
940,901
 
 
 
3,048,922
Passenger Airlines - 0.0%
 
 
 
Norwegian Air Shuttle ASA
 
307,355
422,400
TOTAL INDUSTRIALS
 
 
16,571,885
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Kitron ASA
 
129,775
1,189,918
Norbit ASA (e)
 
19,507
361,016
 
 
 
1,550,934
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Nordic Semiconductor ASA (d)
 
101,871
1,705,822
Software - 0.0%
 
 
 
LINK Mobility Group Holding ASA (d)(e)
 
169,315
455,556
TOTAL INFORMATION TECHNOLOGY
 
 
3,712,312
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Elkem ASA (b)(c)(d)
 
185,291
606,069
Metals & Mining - 0.0%
 
 
 
Norsk Hydro ASA
 
754,717
6,961,532
TOTAL MATERIALS
 
 
7,567,601
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Entra ASA (b)(c)
 
33,645
376,299
TOTAL NORWAY
 
 
116,899,232
PERU - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Credicorp Ltd
 
39,571
15,851,352
Intercorp Financial Services Inc (United States) (c)
 
19,479
1,135,820
TOTAL FINANCIALS
 
 
16,987,172
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Cia de Minas Buenaventura SAA ADR
 
94,188
2,852,013
Hochschild Mining PLC
 
187,066
1,087,638
Volcan Cia Minera SAA Class B (d)
 
1,197,171
274,766
TOTAL MATERIALS
 
 
4,214,417
TOTAL PERU
 
 
21,201,589
PHILIPPINES - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Converge Information and Communications Technology Solutions Inc
 
1,651,435
290,310
Wireless Telecommunication Services - 0.0%
 
 
 
PLDT Inc
 
49,819
990,456
TOTAL COMMUNICATION SERVICES
 
 
1,280,766
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Jollibee Foods Corp
 
291,764
708,418
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Puregold Price Club Inc
 
722,782
484,414
Food Products - 0.0%
 
 
 
Century Pacific Food Inc
 
801,632
409,996
Universal Robina Corp
 
659,721
636,309
 
 
 
1,046,305
TOTAL CONSUMER STAPLES
 
 
1,530,719
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Bank of the Philippine Islands
 
1,122,463
1,874,951
BDO Unibank Inc
 
1,354,276
2,745,181
Metropolitan Bank & Trust Co
 
1,157,346
1,239,332
TOTAL FINANCIALS
 
 
5,859,464
Industrials - 0.1%
 
 
 
Industrial Conglomerates - 0.0%
 
 
 
Ayala Corp
 
143,214
1,196,244
GT Capital Holdings Inc
 
63,349
501,433
JG Summit Holdings Inc
 
1,477,011
534,761
SM Investments Corp
 
130,755
1,266,406
 
 
 
3,498,844
Transportation Infrastructure - 0.1%
 
 
 
International Container Terminal Services Inc
 
562,206
8,828,269
TOTAL INDUSTRIALS
 
 
12,327,113
Real Estate - 0.0%
 
 
 
Office REITs - 0.0%
 
 
 
AREIT Inc
 
790,431
490,551
RL Commercial REIT Inc
 
5,600,000
661,719
 
 
 
1,152,270
Real Estate Management & Development - 0.0%
 
 
 
Ayala Land Inc
 
3,988,897
1,098,680
SM Prime Holdings Inc
 
5,912,457
1,767,199
 
 
 
2,865,879
TOTAL REAL ESTATE
 
 
4,018,149
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Manila Electric Co
 
120,528
936,466
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Aboitiz Equity Ventures Inc
 
1,001,100
580,559
Water Utilities - 0.0%
 
 
 
Manila Water Co Inc
 
709,000
410,920
Maynilad Water Services Inc
 
1,390,600
427,392
 
 
 
838,312
TOTAL UTILITIES
 
 
2,355,337
TOTAL PHILIPPINES
 
 
28,079,966
POLAND - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Cyfrowy Polsat SA (d)(e)
 
148,773
679,816
Orange Polska SA
 
378,517
1,545,216
 
 
 
2,225,032
Entertainment - 0.0%
 
 
 
CD Projekt SA (d)
 
38,425
2,570,478
TOTAL COMMUNICATION SERVICES
 
 
4,795,510
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Allegro.eu SA (b)(c)(d)
 
557,926
6,718,591
Pepco Group NV (c)
 
106,822
1,314,811
 
 
 
8,033,402
Specialty Retail - 0.0%
 
 
 
Modivo SA (d)(e)
 
31,439
780,999
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
LPP SA
 
646
3,756,005
TOTAL CONSUMER DISCRETIONARY
 
 
12,570,406
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Dino Polska SA (b)(c)(d)
 
283,503
2,430,863
Zabka Group SA (e)
 
233,302
1,986,001
TOTAL CONSUMER STAPLES
 
 
4,416,864
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
ORLEN SA
 
338,088
13,398,083
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Alior Bank SA
 
54,481
2,006,769
Bank Handlowy w Warszawie SA (e)
 
20,645
672,020
Bank Millennium SA (d)
 
355,434
1,965,727
Bank Polska Kasa Opieki SA
 
103,167
6,779,944
Erste Bank Polska SA
 
23,775
4,677,800
mBank SA (d)
 
7,321
2,648,624
Powszechna Kasa Oszczednosci Bank Polski SA
 
506,305
15,168,888
 
 
 
33,919,772
Capital Markets - 0.0%
 
 
 
XTB SA (b)(c)
 
44,871
1,786,360
Consumer Finance - 0.0%
 
 
 
KRUK SA
 
10,743
1,223,942
Insurance - 0.1%
 
 
 
Powszechny Zaklad Ubezpieczen SA
 
327,428
6,230,129
TOTAL FINANCIALS
 
 
43,160,203
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Diagnostyka SA (e)
 
10,192
454,536
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
InPost SA (d)
 
139,816
2,492,598
Construction & Engineering - 0.0%
 
 
 
Budimex SA
 
7,531
1,454,328
Professional Services - 0.0%
 
 
 
Benefit Systems SA (d)(e)
 
1,789
2,586,056
TOTAL INDUSTRIALS
 
 
6,532,982
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
Asseco Poland SA
 
32,416
1,733,325
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Grupa Kety SA
 
5,736
1,919,345
KGHM Polska Miedz SA
 
82,234
6,778,997
TOTAL MATERIALS
 
 
8,698,342
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Enea SA
 
157,809
828,406
PGE Polska Grupa Energetyczna SA (d)
 
526,249
1,424,217
Tauron Polska Energia SA
 
609,347
1,470,008
TOTAL UTILITIES
 
 
3,722,631
TOTAL POLAND
 
 
99,482,882
PORTUGAL - 0.1%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
NOS SGPS SA
 
114,794
639,370
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Jeronimo Martins SGPS SA
 
166,860
3,340,318
Sonae SGPS SA
 
482,480
1,134,998
TOTAL CONSUMER STAPLES
 
 
4,475,316
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Galp Energia SGPS SA
 
237,432
5,392,225
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Banco Comercial Portugues SA
 
4,680,063
5,747,608
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
CTT-Correios de Portugal SA
 
60,425
429,223
Construction & Engineering - 0.0%
 
 
 
Mota-Engil SGPS SA (e)
 
70,168
374,795
TOTAL INDUSTRIALS
 
 
804,018
Materials - 0.0%
 
 
 
Paper & Forest Products - 0.0%
 
 
 
Navigator Co SA/The (e)
 
169,412
636,865
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
EDP SA
 
1,699,307
8,759,215
Multi-Utilities - 0.0%
 
 
 
Redes Energeticas Naci Sgps SA
 
215,814
859,832
TOTAL UTILITIES
 
 
9,619,047
TOTAL PORTUGAL
 
 
27,314,449
QATAR - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Ooredoo QPSC
 
547,964
1,881,228
Wireless Telecommunication Services - 0.0%
 
 
 
Vodafone Qatar PQSC
 
1,025,929
727,251
TOTAL COMMUNICATION SERVICES
 
 
2,608,479
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Gulf International Services QSC
 
637,994
318,909
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Qatar Fuel QSC
 
338,197
1,291,112
Qatar Gas Transport Co Ltd
 
1,584,879
1,797,734
 
 
 
3,088,846
TOTAL ENERGY
 
 
3,407,755
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Al Rayan Bank
 
3,413,368
1,865,587
Commercial Bank PSQC/The
 
1,921,851
2,174,684
Doha Bank QPSC
 
1,454,905
1,158,010
Dukhan Bank
 
1,053,701
940,546
Qatar International Islamic Bank QSC
 
567,498
1,686,440
Qatar Islamic Bank QPSC
 
973,107
5,788,931
Qatar National Bank QPSC
 
2,573,428
11,711,537
TOTAL FINANCIALS
 
 
25,325,735
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Estithmar Holding QPSC
 
637,575
738,963
Industrial Conglomerates - 0.0%
 
 
 
Industries Qatar QSC
 
884,543
2,560,583
Marine Transportation - 0.0%
 
 
 
Qatar Navigation QSC
 
579,342
1,575,728
TOTAL INDUSTRIALS
 
 
4,875,274
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Mesaieed Petrochemical Holding Co
 
3,477,156
1,044,771
Metals & Mining - 0.0%
 
 
 
Qatar Aluminum Manufacturing Co
 
1,680,356
655,343
TOTAL MATERIALS
 
 
1,700,114
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Barwa Real Estate Co
 
1,386,098
886,631
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Nebras Energy
 
255,513
1,037,210
TOTAL QATAR
 
 
39,841,198
ROMANIA - 0.0%
 
 
 
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
NEPI Rockcastle NV
 
331,467
3,051,115
RUSSIA - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Rostelecom PJSC (d)(g)
 
298,140
0
Interactive Media & Services - 0.0%
 
 
 
VK IPJSC (d)(g)
 
35,535
0
VK IPJSC GDR (c)(d)(g)
 
4,260
0
 
 
 
0
Wireless Telecommunication Services - 0.0%
 
 
 
Sistema AFK PAO GDR (c)(d)(g)
 
40,315
0
TOTAL COMMUNICATION SERVICES
 
 
0
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Ozon Holdings PLC ADR (d)(g)
 
17,054
0
Specialty Retail - 0.0%
 
 
 
Detsky Mir PJSC (b)(c)(d)(g)
 
227,830
0
TOTAL CONSUMER DISCRETIONARY
 
 
0
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Gazprom PJSC (d)(g)
 
3,442,771
0
LUKOIL PJSC (d)(g)
 
120,075
0
Rosneft Oil Co PJSC (d)(g)
 
315,946
0
Surgutneftegas PAO (d)(g)
 
2,091,286
0
Tatneft PJSC (d)(g)
 
399,435
0
TOTAL ENERGY
 
 
0
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Credit Bank of Moscow PJSC (d)(g)
 
4,537,000
0
Sberbank of Russia PJSC (d)(g)
 
3,156,853
0
VTB Bank PJSC (d)(g)
 
192,769
0
 
 
 
0
Capital Markets - 0.0%
 
 
 
Moscow Exchange MICEX-RTS PJSC (d)(g)
 
449,874
0
TKS Holding MKPAO JSC (d)(g)
 
20,470
0
 
 
 
0
TOTAL FINANCIALS
 
 
0
Industrials - 0.0%
 
 
 
Passenger Airlines - 0.0%
 
 
 
Aeroflot PJSC (d)(g)
 
402,869
0
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
PhosAgro PJSC GDR cancellation restricted shares (c)(d)(g)
 
277
0
Metals & Mining - 0.0%
 
 
 
Alrosa PJSC (d)(g)
 
739,283
0
GMK Norilskiy Nickel PAO (d)(g)
 
1,831,800
0
Novolipetsk Steel PJSC (d)(g)
 
409,801
0
Polyus PJSC (d)(g)
 
100,380
0
Severstal PAO (d)(g)
 
63,766
0
United Co RUSAL International PJSC (Russia) (d)(g)
 
983,490
0
 
 
 
0
Paper & Forest Products - 0.0%
 
 
 
Segezha Group PJSC (b)(c)(d)(g)
 
1,842,700
0
TOTAL MATERIALS
 
 
0
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Inter RAO UES PJSC (d)(g)
 
11,220,073
1
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Unipro PAO (d)(g)
 
8,778,000
0
TOTAL UTILITIES
 
 
1
TOTAL RUSSIA
 
 
1
SAUDI ARABIA - 0.8%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Saudi Telecom Co
 
1,160,125
13,326,532
Media - 0.0%
 
 
 
Arabian Contracting Services Co (d)
 
13,126
280,135
Saudi Research & Media Group (d)
 
20,515
322,570
 
 
 
602,705
Wireless Telecommunication Services - 0.0%
 
 
 
Etihad Etisalat Co
 
220,893
3,655,572
Mobile Telecommunications Co Saudi Arabia
 
275,302
758,721
 
 
 
4,414,293
TOTAL COMMUNICATION SERVICES
 
 
18,343,530
Consumer Discretionary - 0.0%
 
 
 
Diversified Consumer Services - 0.0%
 
 
 
National Co For Learning & Education
 
12,879
434,844
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Jabal Omar Development Company (d)
 
362,736
1,545,407
Leejam Sports Co JSC
 
21,242
450,802
Seera Group Holding (d)
 
99,565
539,780
Taiba Investments Co
 
157,200
746,339
 
 
 
3,282,328
Specialty Retail - 0.0%
 
 
 
Aldrees Petroleum and Transport Services Co
 
31,513
964,144
Jarir Marketing Co
 
361,879
1,601,499
United Electronics Co
 
24,903
438,646
 
 
 
3,004,289
TOTAL CONSUMER DISCRETIONARY
 
 
6,721,461
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Abdullah Al Othaim Markets Co
 
313,460
429,020
Nahdi Medical Co
 
29,436
745,012
 
 
 
1,174,032
Food Products - 0.0%
 
 
 
Almarai Co JSC
 
272,080
3,361,606
National Agriculture Development Co/The (d)
 
91,634
342,819
Saudia Dairy & Foodstuff Co
 
10,762
582,303
Savola Group/The
 
96,588
670,239
 
 
 
4,956,967
TOTAL CONSUMER STAPLES
 
 
6,130,999
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Ades Holding Co
 
193,246
856,241
Arabian Drilling Co (d)
 
16,035
344,568
 
 
 
1,200,809
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Rabigh Refining & Petrochemical Co (d)
 
246,714
976,870
Saudi Arabian Oil Co (b)(c)
 
3,493,471
24,632,436
 
 
 
25,609,306
TOTAL ENERGY
 
 
26,810,115
Financials - 0.4%
 
 
 
Banks - 0.4%
 
 
 
Al Rajhi Bank
 
1,709,971
28,480,546
Alinma Bank
 
845,647
5,260,102
Arab National Bank
 
523,472
3,024,722
Bank Al-Jazira
 
369,656
1,195,931
Bank AlBilad
 
437,433
2,864,193
Banque Saudi Fransi
 
716,107
3,767,880
Riyad Bank
 
1,138,643
6,166,955
Saudi Awwal Bank
 
581,373
5,238,627
Saudi Investment Bank/The
 
370,962
1,369,068
Saudi National Bank/The
 
1,724,259
17,997,857
 
 
 
75,365,881
Capital Markets - 0.0%
 
 
 
Saudi Tadawul Group Holding Co
 
29,401
928,494
Insurance - 0.0%
 
 
 
Al Rajhi Co for Co-operative Insurance
 
54,024
697,687
Bupa Arabia for Cooperative Insurance Co
 
46,846
1,958,414
Co for Cooperative Insurance/The
 
44,313
1,446,618
Rasan Information Technology Co (d)
 
23,434
812,437
Saudi Reinsurance Co
 
61,607
392,066
 
 
 
5,307,222
TOTAL FINANCIALS
 
 
81,601,597
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Al Hammadi Holding
 
60,095
415,088
Dallah Healthcare Co
 
22,239
622,964
Dr Sulaiman Al Habib Medical Services Group Co
 
51,560
3,226,362
Mouwasat Medical Services Co
 
60,318
999,010
National Medical Care Co
 
13,612
409,574
Saudi Chemical Co Holding
 
265,618
573,602
 
 
 
6,246,600
Pharmaceuticals - 0.0%
 
 
 
Jamjoom Pharmaceuticals Factory Co
 
14,069
512,485
Saudi Pharmaceutical Industries & Medical Appliances Corp
 
45,475
379,009
 
 
 
891,494
TOTAL HEALTH CARE
 
 
7,138,094
Industrials - 0.0%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
SAL Saudi Logistics Services
 
24,379
1,123,037
Commercial Services & Supplies - 0.0%
 
 
 
Catrion Catering Holding Co
 
32,564
604,803
Construction & Engineering - 0.0%
 
 
 
Al Babtain Power & Telecommunication Co
 
30,694
432,356
Electrical Equipment - 0.0%
 
 
 
Electrical Industries Co
 
321,468
1,211,230
Ground Transportation - 0.0%
 
 
 
United International Transportation Co
 
34,840
257,902
Industrial Conglomerates - 0.0%
 
 
 
Astra Industrial Group Co
 
29,385
949,897
Passenger Airlines - 0.0%
 
 
 
flynas Co SJSC (d)
 
31,296
410,336
Transportation Infrastructure - 0.0%
 
 
 
Saudi Ground Services Co
 
84,989
611,477
TOTAL INDUSTRIALS
 
 
5,601,038
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Al Moammar Information Systems Co
 
9,556
613,742
Arabian Internet & Communications Services Co
 
15,223
871,102
Elm Co
 
14,139
2,552,587
TOTAL INFORMATION TECHNOLOGY
 
 
4,037,431
Materials - 0.2%
 
 
 
Chemicals - 0.2%
 
 
 
Advanced Petrochemical Co (d)
 
79,612
466,373
National Industrialization Co (d)
 
218,002
493,414
SABIC Agri-Nutrients Co
 
135,245
4,425,938
Sahara International Petrochemical Co
 
252,114
854,590
Saudi Basic Industries Corp
 
532,135
7,028,064
Saudi Industrial Investment Group
 
208,231
662,591
Saudi Kayan Petrochemical Co (d)
 
446,196
594,057
Yanbu National Petrochemical Co
 
170,924
1,397,249
 
 
 
15,922,276
Construction Materials - 0.0%
 
 
 
Qassim Cement Co/The
 
33,079
380,512
Riyadh Cement Co
 
49,277
273,841
Saudi Cement Co
 
51,962
392,949
Southern Province Cement Co
 
58,338
288,622
Yamama Cement Co
 
76,183
459,066
 
 
 
1,794,990
Metals & Mining - 0.0%
 
 
 
Al Masane Al Kobra Mining Co
 
25,154
491,627
East Pipes Integrated Co for Industry
 
10,189
499,208
Saudi Arabian Mining Co (d)
 
686,229
10,342,314
 
 
 
11,333,149
TOTAL MATERIALS
 
 
29,050,415
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Al Rajhi REIT
 
181,782
390,622
Jadwa REIT Saudi Fund
 
132,966
360,784
 
 
 
751,406
Real Estate Management & Development - 0.0%
 
 
 
Arabian Centres Co (b)(c)
 
137,048
568,190
Arriyadh Development Co
 
96,484
415,687
Dar Al Arkan Real Estate Development Co (d)
 
312,762
1,531,539
Emaar Economic City (d)
 
119,318
298,652
Makkah Construction & Development Co
 
57,799
1,261,251
Retal Urban Development Co
 
136,690
369,796
Saudi Real Estate Co (d)
 
92,939
394,474
 
 
 
4,839,589
TOTAL REAL ESTATE
 
 
5,590,995
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Saudi Energy Co
 
467,564
2,110,294
Gas Utilities - 0.0%
 
 
 
National Gas & Industrialization Co
 
22,841
388,337
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
ACWA Power Co (d)
 
136,850
6,836,123
Multi-Utilities - 0.0%
 
 
 
Power & Water Utility Co for Jubail & Yanbu
 
47,907
479,644
Water Utilities - 0.0%
 
 
 
AlKhorayef Water & Power Technologies Co
 
13,809
367,700
TOTAL UTILITIES
 
 
10,182,098
TOTAL SAUDI ARABIA
 
 
201,207,773
SINGAPORE - 1.1%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
NETLINK NBN TRUST (c)
 
1,729,953
1,361,250
Singapore Telecommunications Ltd
 
4,330,260
14,982,260
 
 
 
16,343,510
Wireless Telecommunication Services - 0.0%
 
 
 
StarHub Ltd
 
407,854
349,551
TOTAL COMMUNICATION SERVICES
 
 
16,693,061
Consumer Discretionary - 0.1%
 
 
 
Broadline Retail - 0.1%
 
 
 
Sea Ltd Class A ADR (d)
 
220,088
23,492,193
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Genting Singapore Ltd (e)
 
3,358,962
1,662,521
TOTAL CONSUMER DISCRETIONARY
 
 
25,154,714
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Olam Group Ltd
 
532,983
581,701
Sheng Siong Group Ltd
 
408,743
1,063,793
TOTAL CONSUMER STAPLES
 
 
1,645,494
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
BW LPG Ltd (b)(c)
 
56,741
1,288,385
Hafnia Ltd
 
147,833
1,134,777
TOTAL ENERGY
 
 
2,423,162
Financials - 0.6%
 
 
 
Banks - 0.6%
 
 
 
DBS Group Holdings Ltd
 
1,199,630
69,214,746
Oversea-Chinese Banking Corp Ltd
 
1,910,431
43,392,045
United Overseas Bank Ltd
 
705,473
23,858,459
 
 
 
136,465,250
Capital Markets - 0.0%
 
 
 
iFAST Corp Ltd
 
111,980
793,511
Singapore Exchange Ltd
 
473,070
9,018,705
UOB-Kay Hian Holdings Ltd
 
173,200
554,304
 
 
 
10,366,520
TOTAL FINANCIALS
 
 
146,831,770
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Raffles Medical Group Ltd
 
537,468
368,938
Pharmaceuticals - 0.0%
 
 
 
Haw Par Corp Ltd
 
94,200
1,181,891
TOTAL HEALTH CARE
 
 
1,550,829
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Singapore Technologies Engineering Ltd
 
919,833
7,227,854
Ground Transportation - 0.0%
 
 
 
ComfortDelGro Corp Ltd
 
1,366,834
1,428,697
Grab Holdings Ltd Class A (d)
 
1,421,091
4,973,819
 
 
 
6,402,516
Industrial Conglomerates - 0.1%
 
 
 
Keppel Ltd
 
820,896
7,331,390
Machinery - 0.0%
 
 
 
Seatrium Ltd
 
1,311,761
2,197,585
Marine Transportation - 0.0%
 
 
 
Yangzijiang Maritime Development Ltd
 
1,295,301
590,811
Passenger Airlines - 0.0%
 
 
 
Singapore Airlines Ltd
 
857,961
5,146,740
Transportation Infrastructure - 0.0%
 
 
 
SATS Ltd
 
591,387
2,180,393
SIA Engineering Co Ltd
 
219,043
529,646
 
 
 
2,710,039
TOTAL INDUSTRIALS
 
 
31,606,935
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
Venture Corp Ltd
 
166,347
2,072,649
Semiconductors & Semiconductor Equipment - 0.1%
 
 
 
AEM Holdings Ltd
 
140,100
901,256
STMicroelectronics NV
 
369,499
19,461,559
UMS Integration Ltd
 
400,566
711,258
 
 
 
21,074,073
TOTAL INFORMATION TECHNOLOGY
 
 
23,146,722
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Keppel Infrastructure Trust
 
2,624,527
1,114,591
Real Estate - 0.1%
 
 
 
Diversified REITs - 0.0%
 
 
 
CapitaLand Integrated Commercial Trust
 
3,524,085
6,839,325
Mapletree Pan Asia Commercial Trust
 
1,264,453
1,311,300
Stoneweg Europe Stapled Trust unit
 
229,527
421,063
Suntec Real Estate Investment Trust
 
1,103,457
1,273,197
 
 
 
9,844,885
Health Care REITs - 0.0%
 
 
 
Parkway Life Real Estate Investment Trust
 
277,073
911,789
Hotel & Resort REITs - 0.0%
 
 
 
CapitaLand Ascott Trust unit
 
1,575,439
1,111,455
CDL Hospitality Trusts unit
 
529,885
328,544
Far East Hospitality Trust unit
 
642,126
287,915
 
 
 
1,727,914
Industrial REITs - 0.1%
 
 
 
AIMS APAC REIT
 
373,418
466,063
CapitaLand Ascendas REIT
 
2,376,783
4,760,645
ESR-REIT
 
419,928
857,956
Frasers Logistics & Commercial Trust (c)
 
1,756,105
1,355,572
Mapletree Industrial Trust
 
1,176,310
1,770,124
Mapletree Logistics Trust
 
1,955,875
1,889,467
 
 
 
11,099,827
Office REITs - 0.0%
 
 
 
Keppel REIT (e)
 
1,831,462
1,313,800
Real Estate Management & Development - 0.0%
 
 
 
Capitaland India Trust
 
634,782
524,457
CapitaLand Investment Ltd/Singapore
 
1,365,124
2,829,012
City Developments Ltd
 
280,110
1,713,134
UOL Group Ltd
 
277,816
2,143,719
 
 
 
7,210,322
Retail REITs - 0.0%
 
 
 
CapitaLand China Trust
 
863,362
444,358
Frasers Centrepoint Trust
 
687,038
1,215,377
Lendlease Global Commercial REIT
 
1,640,829
754,498
Starhill Global REIT
 
1,011,917
438,012
 
 
 
2,852,245
Specialized REITs - 0.0%
 
 
 
Keppel DC REIT
 
1,189,453
2,068,395
NTT DC REIT
 
505,000
464,338
 
 
 
2,532,733
TOTAL REAL ESTATE
 
 
37,493,515
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Kenon Holdings Ltd/Singapore
 
10,874
742,840
Multi-Utilities - 0.0%
 
 
 
Sembcorp Industries Ltd
 
517,717
2,226,747
TOTAL UTILITIES
 
 
2,969,587
TOTAL SINGAPORE
 
 
290,630,380
SOUTH AFRICA - 1.0%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telkom SA SOC Ltd
 
171,527
566,471
Wireless Telecommunication Services - 0.1%
 
 
 
MTN Group Ltd
 
1,013,031
12,558,614
Vodacom Group Ltd
 
358,828
3,471,839
 
 
 
16,030,453
TOTAL COMMUNICATION SERVICES
 
 
16,596,924
Consumer Discretionary - 0.1%
 
 
 
Broadline Retail - 0.1%
 
 
 
Naspers Ltd Class N
 
447,367
23,505,840
Woolworths Holdings Ltd/South Africa
 
531,145
1,510,782
 
 
 
25,016,622
Specialty Retail - 0.0%
 
 
 
Foschini Group Ltd (e)
 
217,852
749,646
Motus Holdings Ltd
 
95,451
607,820
Mr Price Group Ltd (e)
 
158,970
1,637,036
Pepkor Holdings Ltd (b)(c)
 
2,060,057
2,651,502
Truworths International Ltd
 
217,502
700,487
We Buy Cars Holdings Ltd (e)
 
172,829
346,488
 
 
 
6,692,979
TOTAL CONSUMER DISCRETIONARY
 
 
31,709,601
Consumer Staples - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Bid Corp Ltd
 
195,131
5,352,767
Boxer Retail Ltd
 
121,556
576,333
Clicks Group Ltd
 
138,672
1,855,845
Dis-Chem Pharmacies Ltd (b)(c)(e)
 
338,240
614,994
Pick n Pay Stores Ltd (d)(e)
 
387,935
448,159
Shoprite Holdings Ltd
 
269,297
4,683,877
SPAR Group Ltd/The (d)(e)
 
112,848
334,216
 
 
 
13,866,191
Food Products - 0.0%
 
 
 
AVI Ltd
 
190,146
1,037,146
Tiger Brands Ltd
 
84,538
1,416,157
 
 
 
2,453,303
TOTAL CONSUMER STAPLES
 
 
16,319,494
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Exxaro Resources Ltd
 
138,046
1,709,192
Thungela Resources Ltd
 
72,147
443,306
TOTAL ENERGY
 
 
2,152,498
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Absa Group Ltd
 
498,040
6,864,418
Capitec Bank Holdings Ltd
 
50,010
14,279,608
Nedbank Group Ltd
 
250,891
4,243,971
Standard Bank Group Ltd
 
761,153
15,156,107
 
 
 
40,544,104
Capital Markets - 0.0%
 
 
 
Investec Ltd
 
133,088
1,160,113
Jse Limited
 
58,983
537,665
Ninety One Ltd
 
130,608
358,901
 
 
 
2,056,679
Financial Services - 0.1%
 
 
 
FirstRand Ltd
 
2,919,757
17,461,818
Remgro Ltd
 
278,450
3,271,985
 
 
 
20,733,803
Insurance - 0.0%
 
 
 
Discovery Ltd
 
317,237
5,045,302
Momentum Group Ltd
 
744,897
1,854,666
Old Mutual Ltd
 
2,422,974
1,959,963
OUTsurance Group Ltd
 
505,794
2,531,673
Sanlam Ltd
 
1,051,706
5,599,248
Santam Ltd
 
30,391
743,375
 
 
 
17,734,227
TOTAL FINANCIALS
 
 
81,068,813
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Life Healthcare Group Holdings Ltd
 
926,317
634,609
Netcare Ltd
 
806,018
923,319
 
 
 
1,557,928
Pharmaceuticals - 0.0%
 
 
 
Aspen Pharmacare Holdings Ltd
 
212,320
1,923,798
TOTAL HEALTH CARE
 
 
3,481,726
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Wilson Bayly Holmes-Ovcon Ltd
 
34,889
333,480
Industrial Conglomerates - 0.0%
 
 
 
Bidvest Group Ltd
 
189,952
2,850,071
Reunert Ltd
 
113,361
401,619
 
 
 
3,251,690
Transportation Infrastructure - 0.0%
 
 
 
Grindrod Ltd
 
359,434
581,353
TOTAL INDUSTRIALS
 
 
4,166,523
Information Technology - 0.0%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
DataTec Ltd
 
130,696
670,812
Materials - 0.4%
 
 
 
Chemicals - 0.0%
 
 
 
AECI Ltd
 
71,408
542,435
Omnia Holdings Ltd
 
102,417
652,373
Sasol Ltd (d)
 
335,818
3,979,580
 
 
 
5,174,388
Metals & Mining - 0.4%
 
 
 
African Rainbow Minerals Ltd
 
61,546
629,780
Anglo American PLC
 
619,543
31,362,198
DRDGOLD Ltd
 
258,436
528,417
Gold Fields Ltd
 
523,330
16,899,867
Harmony Gold Mining Co Ltd
 
332,945
5,253,253
Impala Platinum Holdings Ltd
 
526,483
5,741,925
Northam Platinum Holdings Ltd
 
219,059
3,136,689
Pan African Resources PLC
 
1,222,797
1,518,655
Sibanye Stillwater Ltd
 
1,654,105
3,574,876
Valterra Platinum Ltd
 
156,237
11,699,137
 
 
 
80,344,797
Paper & Forest Products - 0.0%
 
 
 
Sappi Ltd (d)(e)
 
336,311
242,800
TOTAL MATERIALS
 
 
85,761,985
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Growthpoint Properties Ltd
 
1,885,303
2,016,506
Redefine Properties Ltd
 
4,149,795
1,641,885
 
 
 
3,658,391
Industrial REITs - 0.0%
 
 
 
Equites Property Fund Ltd
 
494,399
533,738
Real Estate Management & Development - 0.0%
 
 
 
Fortress Real Estate Investments Ltd Class B
 
683,549
1,049,350
Retail REITs - 0.0%
 
 
 
Hyprop Investments Ltd
 
232,580
858,371
Resilient REIT Ltd
 
150,197
757,235
Vukile Property Fund Ltd
 
817,879
1,251,486
 
 
 
2,867,092
TOTAL REAL ESTATE
 
 
8,108,571
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Scatec ASA (b)(c)(d)
 
87,813
848,712
TOTAL SOUTH AFRICA
 
 
250,885,659
SPAIN - 2.1%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Cellnex Telecom SA (b)(c)
 
281,306
8,738,507
Telefonica SA
 
2,172,379
8,969,088
 
 
 
17,707,595
Media - 0.0%
 
 
 
Atresmedia Corp de Medios de Comunicacion SA (e)
 
88,898
534,091
TOTAL COMMUNICATION SERVICES
 
 
18,241,686
Consumer Discretionary - 0.2%
 
 
 
Automobile Components - 0.0%
 
 
 
CIE Automotive SA
 
25,656
782,529
Gestamp Automocion SA (b)(c)
 
114,217
385,908
 
 
 
1,168,437
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Amadeus IT Group SA Class A
 
257,764
15,908,416
HBX Group International PLC
 
39,518
351,802
Melia Hotels International SA
 
62,281
744,767
 
 
 
17,004,985
Household Durables - 0.0%
 
 
 
Neinor Homes SA (b)(c)
 
29,279
534,807
Specialty Retail - 0.2%
 
 
 
Industria de Diseno Textil SA
 
634,410
41,403,905
TOTAL CONSUMER DISCRETIONARY
 
 
60,112,134
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
Viscofan SA (e)
 
23,902
1,582,093
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Tecnicas Reunidas SA (d)
 
26,024
848,671
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Repsol SA
 
647,501
19,762,400
TOTAL ENERGY
 
 
20,611,071
Financials - 1.1%
 
 
 
Banks - 1.1%
 
 
 
Banco Bilbao Vizcaya Argentaria SA
 
3,285,115
92,088,052
Banco de Sabadell SA
 
2,824,850
10,831,107
Banco Santander SA
 
8,347,820
118,724,987
Bankinter SA
 
370,113
6,798,857
CaixaBank SA
 
2,041,863
29,660,811
Unicaja Banco SA (b)(c)
 
551,227
2,114,163
 
 
 
260,217,977
Insurance - 0.0%
 
 
 
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros
 
328,280
483,038
Mapfre SA
 
530,185
2,710,871
 
 
 
3,193,909
TOTAL FINANCIALS
 
 
263,411,886
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
Grifols SA Class A (e)
 
162,446
1,866,502
Pharma Mar SA
 
8,534
777,930
 
 
 
2,644,432
Pharmaceuticals - 0.0%
 
 
 
Almirall SA
 
47,007
601,688
Laboratorios Farmaceuticos Rovi SA
 
10,638
718,245
 
 
 
1,319,933
TOTAL HEALTH CARE
 
 
3,964,365
Industrials - 0.1%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
Logista Integral SA
 
36,747
1,567,868
Commercial Services & Supplies - 0.0%
 
 
 
Befesa SA (b)(c)(e)
 
24,312
979,837
Construction & Engineering - 0.1%
 
 
 
ACS Actividades de Construccion y Servicios SA
 
104,970
13,351,391
Elecnor SA
 
22,510
887,743
Sacyr SA
 
351,161
1,903,224
 
 
 
16,142,358
Machinery - 0.0%
 
 
 
Construcciones y Auxiliar de Ferrocarriles SA
 
10,814
852,959
Fluidra SA
 
56,700
1,260,596
 
 
 
2,113,555
Transportation Infrastructure - 0.0%
 
 
 
Aena SME SA (b)(c)
 
433,440
13,335,233
TOTAL INDUSTRIALS
 
 
34,138,851
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Indra Sistemas SA
 
44,887
2,940,050
Materials - 0.0%
 
 
 
Containers & Packaging - 0.0%
 
 
 
Vidrala SA
 
14,742
1,489,177
Metals & Mining - 0.0%
 
 
 
Atalaya Mining Copper SA
 
70,385
839,998
TOTAL MATERIALS
 
 
2,329,175
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Merlin Properties Socimi SA
 
243,150
4,222,650
Office REITs - 0.0%
 
 
 
Colonial SFL Socimi SA (e)
 
164,096
1,050,211
TOTAL REAL ESTATE
 
 
5,272,861
Utilities - 0.5%
 
 
 
Electric Utilities - 0.5%
 
 
 
Acciona SA
 
14,367
3,952,959
Endesa SA
 
180,706
8,827,024
Iberdrola SA
 
3,601,056
85,750,318
Redeia Corp SA
 
231,248
4,078,532
 
 
 
102,608,833
Gas Utilities - 0.0%
 
 
 
Enagas SA
 
134,803
2,630,182
Naturgy Energy Group SA
 
238,819
7,966,970
 
 
 
10,597,152
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
EDP Renewables SA
 
197,726
3,066,704
Grenergy Renovables SA (d)
 
8,205
872,359
Solaria Energia y Medio Ambiente SA (d)
 
42,961
833,271
 
 
 
4,772,334
TOTAL UTILITIES
 
 
117,978,319
TOTAL SPAIN
 
 
530,582,491
SWEDEN - 2.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telia Co AB
 
1,394,588
6,470,448
Entertainment - 0.0%
 
 
 
Embracer Group AB B Shares (d)
 
76,050
537,818
Modern Times Group MTG AB B Shares (d)
 
50,341
690,443
Paradox Interactive AB
 
23,075
339,017
 
 
 
1,567,278
Interactive Media & Services - 0.0%
 
 
 
Hemnet Group AB
 
48,047
423,845
Wireless Telecommunication Services - 0.0%
 
 
 
Tele2 AB B Shares
 
324,679
5,624,766
TOTAL COMMUNICATION SERVICES
 
 
14,086,337
Consumer Discretionary - 0.1%
 
 
 
Automobile Components - 0.0%
 
 
 
Dometic Group AB (b)(d)
 
179,077
447,213
Broadline Retail - 0.0%
 
 
 
Boozt AB (b)(c)(d)
 
35,269
620,028
Diversified Consumer Services - 0.0%
 
 
 
AcadeMedia AB (b)(c)
 
42,223
442,529
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Betsson AB B Shares
 
68,376
661,342
Evolution AB (b)(d)
 
70,703
5,406,936
Scandic Hotels Group AB (b)(c)
 
96,162
854,856
SkiStar AB B Shares
 
27,010
472,566
 
 
 
7,395,700
Household Durables - 0.0%
 
 
 
Electrolux AB B Shares (d)
 
537,454
1,567,400
JM AB (e)
 
41,916
541,877
 
 
 
2,109,277
Leisure Products - 0.0%
 
 
 
Asmodee Group AB B Shares (d)
 
91,501
1,426,010
MIPS AB (c)(e)
 
19,646
865,297
Thule Group AB (b)(c)
 
66,292
1,523,250
 
 
 
3,814,557
Specialty Retail - 0.0%
 
 
 
Bilia AB A Shares
 
41,920
677,521
Clas Ohlson AB B Shares
 
21,747
956,464
H & M Hennes & Mauritz AB B Shares
 
252,276
4,620,117
Synsam AB
 
79,147
470,450
 
 
 
6,724,552
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
New Wave Group AB B Shares
 
61,943
614,733
TOTAL CONSUMER DISCRETIONARY
 
 
22,168,589
Consumer Staples - 0.1%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Axfood AB B Shares
 
64,143
1,638,906
Food Products - 0.0%
 
 
 
AAK AB (e)
 
105,807
2,282,326
Cloetta AB B Shares
 
112,951
679,091
 
 
 
2,961,417
Household Products - 0.1%
 
 
 
Essity AB B Shares
 
332,688
9,684,854
TOTAL CONSUMER STAPLES
 
 
14,285,177
Financials - 0.5%
 
 
 
Banks - 0.2%
 
 
 
Noba
 
107,658
939,529
Skandinaviska Enskilda Banken AB A Shares
 
851,560
19,969,476
Svenska Handelsbanken AB A Shares
 
784,954
12,002,393
Swedbank AB A1 Shares
 
475,146
19,011,429
 
 
 
51,922,827
Capital Markets - 0.1%
 
 
 
Avanza Bank Holding AB
 
69,513
2,857,259
Bure Equity AB
 
35,017
957,597
EQT AB
 
253,502
8,617,609
Nordnet AB
 
82,817
3,174,498
Nordnet AB (d)(g)
 
492
0
Ratos AB B Shares
 
153,026
578,215
 
 
 
16,185,178
Consumer Finance - 0.0%
 
 
 
Hoist Finance AB (b)(c)
 
29,655
672,689
Financial Services - 0.2%
 
 
 
Creades AB A Shares
 
46,809
419,807
Industrivarden AB A Shares
 
90,869
5,239,029
Industrivarden AB C Shares
 
62,993
3,602,737
Investor AB B Shares
 
993,113
42,865,036
Kinnevik AB B Shares (d)
 
142,850
787,894
L E Lundbergforetagen AB B Shares
 
42,784
2,567,795
Svolder AB B Shares
 
66,909
396,653
 
 
 
55,878,951
TOTAL FINANCIALS
 
 
124,659,645
Health Care - 0.1%
 
 
 
Biotechnology - 0.1%
 
 
 
BioArctic AB B Shares (b)(c)(e)
 
26,197
894,124
BioGaia AB B Shares
 
54,682
663,842
BoneSupport Holding AB (b)(c)(d)
 
36,975
855,043
Swedish Orphan Biovitrum AB B Shares (d)
 
104,404
5,159,788
Vitrolife AB
 
43,691
395,055
 
 
 
7,967,852
Health Care Equipment & Supplies - 0.0%
 
 
 
Arjo AB B Shares
 
139,303
396,746
Elekta AB B Shares
 
214,201
1,088,304
Getinge AB B Shares
 
130,592
3,255,817
Vimian Group AB (d)
 
128,638
459,315
Xvivo Perfusion AB (d)(e)
 
15,905
440,627
 
 
 
5,640,809
Health Care Providers & Services - 0.0%
 
 
 
Ambea AB (b)(c)
 
44,028
667,203
Asker Healthcare Group AB
 
121,299
1,031,823
Attendo AB (b)(c)
 
74,531
856,282
Medicover Ab B Shares
 
41,378
979,893
 
 
 
3,535,201
Health Care Technology - 0.0%
 
 
 
RaySearch Laboratories AB B Shares
 
17,340
326,325
Sectra AB B Shares
 
75,057
2,106,155
 
 
 
2,432,480
Life Sciences Tools & Services - 0.0%
 
 
 
AddLife AB B Shares
 
69,847
1,185,364
Medcap AB (d)
 
7,793
448,894
 
 
 
1,634,258
Pharmaceuticals - 0.0%
 
 
 
Camurus AB (d)
 
21,791
1,413,113
TOTAL HEALTH CARE
 
 
22,623,713
Industrials - 0.9%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Invisio AB
 
20,859
455,199
Mildef Group AB
 
25,077
570,423
Saab AB B Shares
 
187,852
11,804,210
 
 
 
12,829,832
Building Products - 0.1%
 
 
 
Assa Abloy AB B Shares
 
565,910
20,998,536
Inwido AB
 
43,505
785,833
Lindab International AB
 
53,190
693,209
Munters Group AB (b)(c)
 
75,125
1,333,318
Nibe Industrier AB B Shares
 
823,905
3,300,050
 
 
 
27,110,946
Commercial Services & Supplies - 0.0%
 
 
 
Bravida Holding AB (b)(c)
 
121,159
1,671,913
Loomis AB
 
40,964
2,258,522
Sdiptech AB B Shares (d)
 
20,495
520,436
Securitas AB B Shares
 
277,453
4,458,036
 
 
 
8,908,907
Construction & Engineering - 0.0%
 
 
 
Instalco AB (c)
 
130,318
513,214
NCC AB B Shares
 
56,085
1,000,108
Peab AB B Shares
 
104,073
1,029,560
Skanska AB B Shares
 
193,574
5,421,666
Sweco AB B Shares
 
124,768
1,757,093
 
 
 
9,721,641
Electrical Equipment - 0.0%
 
 
 
AQ Group AB
 
33,335
717,657
Plejd AB (d)
 
4,950
446,801
 
 
 
1,164,458
Industrial Conglomerates - 0.0%
 
 
 
Investment AB Latour B Shares
 
80,892
1,704,116
Lifco AB B Shares
 
123,073
4,187,652
Nolato AB B Shares
 
125,408
642,699
Storskogen Group AB B Shares
 
886,724
995,006
 
 
 
7,529,473
Machinery - 0.7%
 
 
 
Alfa Laval AB
 
168,156
9,952,818
Alimak Group AB (b)(c)
 
48,216
646,107
Atlas Copco AB A Shares
 
1,402,813
29,641,197
Atlas Copco AB B Shares
 
935,893
17,283,483
Electrolux Professional AB B Shares
 
148,183
737,631
Epiroc AB A Shares
 
370,201
9,490,708
Epiroc AB B Shares
 
212,328
4,651,406
Husqvarna AB B Shares
 
210,627
861,000
Indutrade AB
 
158,255
3,968,757
Sandvik AB
 
604,571
22,607,774
SKF AB B Shares
 
198,646
5,378,057
Trelleborg AB B Shares
 
112,285
4,983,264
Troax Group AB
 
24,260
358,211
VBG Group AB B Shares
 
12,694
435,256
Volvo AB A Shares
 
96,325
3,694,302
Volvo AB B Shares
 
801,854
30,672,315
 
 
 
145,362,286
Professional Services - 0.0%
 
 
 
AFRY AB B Shares
 
60,641
654,669
Trading Companies & Distributors - 0.0%
 
 
 
AddTech AB B Shares
 
151,531
5,515,600
Beijer Ref AB B Shares
 
255,089
3,589,709
Bufab AB
 
82,816
1,170,636
 
 
 
10,275,945
TOTAL INDUSTRIALS
 
 
223,558,157
Information Technology - 0.1%
 
 
 
Communications Equipment - 0.0%
 
 
 
HMS Networks AB
 
18,658
963,251
Telefonaktiebolaget LM Ericsson B Shares
 
1,546,785
15,215,238
 
 
 
16,178,489
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
Hanza AB
 
18,309
258,420
Hexagon AB B Shares
 
1,217,972
12,022,080
Lagercrantz Group AB B Shares
 
112,602
2,648,847
Mycronic AB
 
89,669
2,955,003
Ncab Group Ab
 
102,383
739,740
 
 
 
18,624,090
IT Services - 0.0%
 
 
 
Addnode Group AB B Shares
 
92,776
372,674
Atea ASA
 
48,934
883,936
 
 
 
1,256,610
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Sivers Semiconductors AB (d)
 
148,775
480,282
Software - 0.0%
 
 
 
Vitec Software Group AB B Shares
 
28,928
698,122
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
Dynavox Group AB (e)
 
60,243
454,249
TOTAL INFORMATION TECHNOLOGY
 
 
37,691,842
Materials - 0.1%
 
 
 
Chemicals - 0.0%
 
 
 
Hexpol AB B Shares
 
159,677
1,487,403
Containers & Packaging - 0.0%
 
 
 
Billerud AB
 
140,436
1,120,131
Metals & Mining - 0.1%
 
 
 
Alleima AB
 
103,063
1,223,049
Boliden AB
 
167,291
8,376,672
Granges AB
 
63,750
1,199,723
SSAB AB A Shares
 
172,165
1,809,846
SSAB AB B Shares
 
296,696
3,117,393
 
 
 
15,726,683
Paper & Forest Products - 0.0%
 
 
 
Holmen AB B Shares
 
43,061
1,460,661
Svenska Cellulosa AB SCA B Shares
 
340,329
3,868,918
 
 
 
5,329,579
TOTAL MATERIALS
 
 
23,663,796
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Altra Fastigheter AB
 
98,581
806,997
Atrium Ljungberg AB B Shares
 
146,646
408,880
Castellum AB
 
190,606
2,679,277
Catena AB
 
28,312
1,172,655
Cibus Real Estate AB publ
 
55,049
831,036
Dios Fastigheter AB
 
68,808
475,114
Fabege AB
 
105,818
830,124
Fastighets AB Balder B Shares (d)
 
409,100
2,240,938
Hufvudstaden AB A Shares
 
62,805
799,392
Intea Fastigheter AB B Shares
 
123,522
957,334
NP3 Fastigheter AB
 
21,024
585,092
Pandox AB B Shares
 
64,621
1,199,827
Platzer Fastigheter Holding AB B Shares
 
54,776
422,805
Sagax AB B Shares
 
127,847
2,246,204
Samhallsbyggnadsbolaget i Norden AB B Shares (d)(e)
 
711,678
245,367
Wallenstam AB B Shares
 
216,032
939,250
Wihlborgs Fastigheter AB
 
166,052
1,348,861
TOTAL REAL ESTATE
 
 
18,189,153
TOTAL SWEDEN
 
 
500,926,409
SWITZERLAND - 3.5%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Sunrise Communications AG Series A (e)
 
39,161
2,067,402
Swisscom AG
 
14,895
11,459,819
 
 
 
13,527,221
Interactive Media & Services - 0.0%
 
 
 
SMG Swiss Marketplace Group AG (b)(c)
 
13,474
425,828
TOTAL COMMUNICATION SERVICES
 
 
13,953,049
Consumer Discretionary - 0.3%
 
 
 
Specialty Retail - 0.0%
 
 
 
Avolta AG
 
53,731
3,212,761
Mobilezone Holding AG
 
27,706
490,068
 
 
 
3,702,829
Textiles, Apparel & Luxury Goods - 0.3%
 
 
 
Cie Financiere Richemont SA Series A
 
313,637
74,125,579
Swatch Group AG/The bearer shares
 
16,542
3,698,405
 
 
 
77,823,984
TOTAL CONSUMER DISCRETIONARY
 
 
81,526,813
Consumer Staples - 0.7%
 
 
 
Food Products - 0.7%
 
 
 
Aryzta AG (d)
 
14,605
957,468
Barry Callebaut AG
 
2,122
2,958,122
Chocoladefabriken Lindt & Spruengli AG
 
509
5,874,917
Chocoladefabriken Lindt & Spruengli AG participation certificates
 
63
7,410,848
Emmi AG
 
1,280
1,374,284
Nestle SA
 
1,500,702
149,996,769
TOTAL CONSUMER STAPLES
 
 
168,572,408
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
TORM PLC Series A
 
34,928
1,066,376
Financials - 0.9%
 
 
 
Banks - 0.0%
 
 
 
Banque Cantonale Vaudoise
 
17,360
2,727,095
Valiant Holding AG
 
9,344
1,826,151
 
 
 
4,553,246
Capital Markets - 0.5%
 
 
 
EFG International AG
 
64,416
1,281,228
Julius Baer Group Ltd
 
120,744
10,615,886
Partners Group Holding AG
 
12,544
10,426,827
Swissquote Group Holding SA
 
71,312
3,694,164
UBS Group AG
 
1,849,565
97,345,526
Vontobel Holding AG
 
17,177
1,833,601
 
 
 
125,197,232
Consumer Finance - 0.0%
 
 
 
Cembra Money Bank AG
 
18,184
2,019,820
Insurance - 0.4%
 
 
 
Helvetia Baloise Holding AG
 
44,374
11,899,664
Swiss Life Holding AG
 
16,132
19,052,302
Vaudoise Assurances Holding SA Series B
 
720
715,146
Zurich Insurance Group AG
 
86,773
66,097,440
 
 
 
97,764,552
TOTAL FINANCIALS
 
 
229,534,850
Health Care - 0.4%
 
 
 
Biotechnology - 0.0%
 
 
 
Basilea Pharmaceutica Ag Allschwil (d)
 
8,333
534,953
Idorsia Ltd (d)
 
114,277
864,375
Kuros Biosciences AG (d)(e)
 
20,071
562,569
 
 
 
1,961,897
Health Care Equipment & Supplies - 0.1%
 
 
 
Medacta Group SA (b)(c)
 
4,194
684,776
Sonova Holding AG
 
28,994
7,890,012
Straumann Holding AG
 
65,571
8,120,332
Ypsomed Holding AG (e)
 
2,557
1,218,327
 
 
 
17,913,447
Health Care Providers & Services - 0.0%
 
 
 
Galenica AG (b)(c)
 
28,769
3,058,563
Life Sciences Tools & Services - 0.1%
 
 
 
Bachem Holding AG Series B (e)
 
18,286
1,691,871
Lonza Group AG
 
40,989
28,503,947
Siegfried Holding AG (e)
 
22,167
2,077,000
SKAN Group AG
 
8,175
591,548
Tecan Group AG
 
7,689
1,769,958
 
 
 
34,634,324
Pharmaceuticals - 0.2%
 
 
 
Dottikon Es Holding AG (d)(e)
 
1,906
656,591
Galderma Group AG
 
107,793
23,456,997
Sandoz Group AG
 
244,518
19,889,299
 
 
 
44,002,887
TOTAL HEALTH CARE
 
 
101,571,118
Industrials - 0.7%
 
 
 
Building Products - 0.1%
 
 
 
Belimo Holding AG
 
5,836
6,063,752
dormakaba Holding AG Series B
 
19,032
1,367,752
Forbo Holding AG
 
635
716,334
Geberit AG
 
18,758
12,348,330
Zehnder Group AG
 
5,928
496,413
 
 
 
20,992,581
Construction & Engineering - 0.0%
 
 
 
Burkhalter Holding AG
 
4,912
831,172
Implenia AG
 
10,887
861,857
 
 
 
1,693,029
Electrical Equipment - 0.4%
 
 
 
ABB Ltd
 
913,731
90,147,731
Accelleron Industries AG
 
55,786
5,026,916
Huber + Suhner AG
 
8,153
1,910,048
R&S Group Holding AG Series A
 
18,895
488,940
 
 
 
97,573,635
Ground Transportation - 0.0%
 
 
 
Jungfraubahn Holding AG
 
3,345
1,077,831
Machinery - 0.1%
 
 
 
Bucher Industries AG (e)
 
3,879
1,516,190
Burckhardt Compression Holding AG
 
1,982
1,184,125
Daetwyler Holding AG
 
4,921
836,348
Georg Fischer AG
 
46,422
2,971,536
Interroll Holding AG
 
461
770,947
Kardex Holding AG
 
3,801
1,118,978
OC Oerlikon Corp AG Pfaeffikon
 
105,317
618,132
Schindler Holding AG
 
14,570
4,460,480
Schindler Holding AG participation certificate
 
19,630
6,181,951
SFS Group AG
 
9,698
1,583,445
Stadler Rail AG (e)
 
35,511
1,075,279
Sulzer AG
 
10,528
1,906,487
VAT Group AG (b)(c)
 
15,810
11,772,676
 
 
 
35,996,574
Marine Transportation - 0.0%
 
 
 
Kuehne + Nagel International AG
 
28,139
7,159,617
Professional Services - 0.1%
 
 
 
Adecco Group AG
 
98,597
2,744,056
SGS SA
 
96,640
11,449,291
 
 
 
14,193,347
Trading Companies & Distributors - 0.0%
 
 
 
Bossard Holding AG Series A
 
3,474
971,147
DKSH Holding AG
 
21,232
1,759,595
 
 
 
2,730,742
Transportation Infrastructure - 0.0%
 
 
 
Flughafen Zurich AG
 
11,045
3,237,881
TOTAL INDUSTRIALS
 
 
184,655,237
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.0%
 
 
 
ALSO Holding AG
 
3,536
843,269
Cicor Technologies Ltd (d)
 
1,776
257,904
Comet Holding AG
 
4,531
1,829,326
Inficon Holding AG
 
10,541
2,120,065
Landis+Gyr Group AG
 
15,674
885,049
Sensirion Holding AG (b)(c)(d)
 
5,972
539,249
 
 
 
6,474,862
Software - 0.0%
 
 
 
Temenos AG
 
30,135
2,495,563
Technology Hardware, Storage & Peripherals - 0.1%
 
 
 
Logitech International SA
 
84,629
8,592,181
TOTAL INFORMATION TECHNOLOGY
 
 
17,562,606
Materials - 0.2%
 
 
 
Chemicals - 0.2%
 
 
 
Clariant AG
 
137,780
1,559,388
DSM-Firmenich AG (e)
 
97,103
10,468,460
EMS-Chemie Holding AG
 
3,981
4,025,564
Givaudan SA
 
5,394
21,550,646
Sika AG
 
89,403
20,114,838
 
 
 
57,718,896
Containers & Packaging - 0.0%
 
 
 
SIG Group AG (d)
 
165,513
3,007,466
TOTAL MATERIALS
 
 
60,726,362
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Allreal Holding AG
 
8,631
2,257,971
International Workplace Group PLC
 
475,471
1,263,048
Intershop Holding AG
 
3,784
805,992
Mobimo Holding AG
 
4,433
1,916,425
PSP Swiss Property AG
 
26,183
4,728,453
Swiss Prime Site AG
 
46,639
7,603,464
TOTAL REAL ESTATE
 
 
18,575,353
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
BKW AG
 
11,882
1,967,963
TOTAL SWITZERLAND
 
 
879,712,135
TAIWAN - 8.1%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Chunghwa Telecom Co Ltd
 
2,205,283
9,485,910
Entertainment - 0.0%
 
 
 
International Games System Co Ltd
 
133,755
3,202,360
Wireless Telecommunication Services - 0.0%
 
 
 
Far EasTone Telecommunications Co Ltd
 
1,045,555
3,395,736
Taiwan Mobile Co Ltd
 
995,181
3,457,900
 
 
 
6,853,636
TOTAL COMMUNICATION SERVICES
 
 
19,541,906
Consumer Discretionary - 0.1%
 
 
 
Automobile Components - 0.0%
 
 
 
Cheng Shin Rubber Industry Co Ltd
 
1,078,181
1,015,780
Depo Auto Parts Ind Co Ltd
 
63,965
264,207
Nan Kang Rubber Tire Co Ltd
 
331,495
338,899
Tong Yang Industry Co Ltd
 
218,434
479,145
 
 
 
2,098,031
Automobiles - 0.0%
 
 
 
China Motor Corp
 
203,987
334,006
Sanyang Motor Co Ltd
 
289,562
579,006
Yulon Motor Co Ltd
 
464,144
400,343
 
 
 
1,313,355
Broadline Retail - 0.0%
 
 
 
Far Eastern Department Stores Ltd
 
501,823
344,337
momo.com Inc
 
61,000
459,387
Poya International Co Ltd (g)
 
40,972
913,195
 
 
 
1,716,919
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Formosa International Hotels Corp
 
55,000
302,376
Wowprime Corp
 
48,716
352,344
 
 
 
654,720
Household Durables - 0.0%
 
 
 
Ability Enterprise Co Ltd
 
188,074
368,728
Merry Electronics Co Ltd
 
156,370
387,344
Nien Made Enterprise Co Ltd
 
112,261
1,324,197
Taiwan Sakura Corp
 
136,000
344,026
 
 
 
2,424,295
Leisure Products - 0.0%
 
 
 
Fusheng Precision Co Ltd
 
69,987
548,068
Giant Manufacturing Co Ltd
 
223,636
583,477
Merida Industry Co Ltd
 
172,777
411,051
 
 
 
1,542,596
Specialty Retail - 0.0%
 
 
 
Hotai Motor Co Ltd
 
172,251
2,957,546
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Eclat Textile Co Ltd
 
119,386
1,277,582
Feng TAY Enterprise Co Ltd
 
322,255
679,934
Formosa Taffeta Co Ltd
 
577,534
305,846
Makalot Industrial Co Ltd
 
150,416
1,020,067
Pou Chen Corp
 
1,343,020
994,080
Ruentex Industries Ltd
 
446,104
719,840
Tainan Spinning Co Ltd
 
734,738
274,914
Wiselink Co Ltd/TW
 
174,938
476,870
 
 
 
5,749,133
TOTAL CONSUMER DISCRETIONARY
 
 
18,456,595
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
President Chain Store Corp
 
320,783
2,222,398
Food Products - 0.0%
 
 
 
Charoen Pokphand Enterprise
 
105,997
340,741
Great Wall Enterprise Co Ltd
 
383,530
663,743
Lien Hwa Industrial Holdings Corp
 
727,779
903,564
Uni-President Enterprises Corp
 
2,825,420
6,427,889
 
 
 
8,335,937
Personal Care Products - 0.0%
 
 
 
Grape King Bio Ltd
 
111,283
306,169
TOTAL CONSUMER STAPLES
 
 
10,864,504
Financials - 0.6%
 
 
 
Banks - 0.4%
 
 
 
Chang Hwa Commercial Bank Ltd
 
4,185,673
3,255,606
CTBC Financial Holding Co Ltd
 
9,781,282
19,531,870
E.Sun Financial Holding Co Ltd
 
8,300,118
9,904,248
Far Eastern International Bank
 
1,811,082
754,363
First Financial Holding Co Ltd
 
6,562,396
7,458,736
Hua Nan Financial Holdings Co Ltd
 
5,331,328
7,164,414
Mega Financial Holding Co Ltd
 
6,727,776
11,033,115
Shanghai Commercial & Savings Bank Ltd/The
 
2,257,765
3,167,702
SinoPac Financial Holdings Co Ltd
 
7,161,942
8,936,090
Taichung Commercial Bank Co Ltd
 
2,340,520
1,481,249
Taiwan Business Bank
 
4,270,692
2,397,805
Taiwan Cooperative Financial Holding Co Ltd
 
6,359,688
5,421,701
TS Financial Holding Co Ltd
 
12,511,490
13,782,856
 
 
 
94,289,755
Capital Markets - 0.0%
 
 
 
Capital Securities Corp (d)
 
912,192
955,152
IBF Financial Holdings Co Ltd (d)
 
1,673,170
807,639
President Securities Corp
 
546,245
725,931
 
 
 
2,488,722
Consumer Finance - 0.0%
 
 
 
Hotai Finance Co Ltd
 
152,912
289,264
Taiwan Acceptance Corp
 
168,186
425,523
 
 
 
714,787
Financial Services - 0.0%
 
 
 
Chailease Holding Co Ltd
 
908,577
3,120,542
Yuanta Financial Holding Co Ltd
 
6,248,259
13,041,102
 
 
 
16,161,644
Insurance - 0.2%
 
 
 
Cathay Financial Holding Co Ltd
 
5,578,093
17,368,651
Fubon Financial Holding Co Ltd
 
4,912,796
19,591,358
KGI Financial Holding Co Ltd
 
8,972,412
8,480,904
Mercuries Life Insurance Co Ltd (d)
 
2,164,134
660,353
Shinkong Insurance Co Ltd
 
125,799
625,353
 
 
 
46,726,619
TOTAL FINANCIALS
 
 
160,381,527
Health Care - 0.0%
 
 
 
Biotechnology - 0.0%
 
 
 
PharmaEssentia Corp
 
185,938
6,052,053
Health Care Equipment & Supplies - 0.0%
 
 
 
HERON NEUTRON MEDICAL CORP (d)
 
26,000
279,933
Pegavision Corp (d)
 
32,538
323,882
 
 
 
603,815
Pharmaceuticals - 0.0%
 
 
 
Bora Pharmaceuticals Co Ltd
 
41,304
489,176
Caliway Biopharmaceuticals Co Ltd (d)
 
544,000
1,724,128
Center Laboratories Inc
 
372,162
434,315
Lotus Pharmaceutical Co Ltd
 
91,701
491,158
Oneness Biotech Co Ltd (d)
 
220,047
283,716
TTY Biopharm Co Ltd
 
143,138
328,764
 
 
 
3,751,257
TOTAL HEALTH CARE
 
 
10,407,125
Industrials - 0.2%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Evergreen Aviation Technologies Corp
 
70,799
397,995
Building Products - 0.0%
 
 
 
Taiwan Glass Industry Corp (d)
 
548,043
757,704
Commercial Services & Supplies - 0.0%
 
 
 
Cleanaway Co Ltd
 
488,000
372,781
L&K Engineering Co Ltd
 
88,132
1,897,435
Taiwan Secom Co Ltd
 
159,292
537,141
 
 
 
2,807,357
Construction & Engineering - 0.0%
 
 
 
Acter Group Corp Ltd
 
59,899
1,686,221
BES Engineering Corp
 
792,841
289,003
CTCI Corp
 
409,045
442,833
United Integrated Services Co Ltd
 
97,371
3,260,129
Yankey Engineering Co Ltd (d)
 
38,167
760,092
 
 
 
6,438,278
Electrical Equipment - 0.2%
 
 
 
AcBel Polytech Inc
 
412,355
532,727
Advanced Energy Solution Holding Co Ltd
 
18,648
522,036
Allis Electric Co Ltd
 
134,441
402,702
Bizlink Holding Inc
 
102,147
6,506,639
Chicony Power Technology Co Ltd
 
97,459
229,135
Chung-Hsin Electric & Machinery Manufacturing Corp
 
258,971
1,220,753
Fortune Electric Co Ltd (d)
 
83,267
1,800,310
Longwell Co
 
85,000
539,014
Shihlin Electric & Engineering Corp
 
159,843
957,800
Ta Ya Electric Wire & Cable
 
421,715
437,389
Tatung Co Ltd (d)
 
799,560
598,154
Teco Electric and Machinery Co Ltd
 
717,131
1,416,845
Voltronic Power Technology Corp
 
37,457
1,099,391
Walsin Lihwa Corp
 
1,913,360
1,836,992
 
 
 
18,099,887
Industrial Conglomerates - 0.0%
 
 
 
Far Eastern New Century Corp
 
1,801,953
1,510,683
Machinery - 0.0%
 
 
 
C Sun Manufacturing Ltd
 
49,943
727,106
CSBC Corp Taiwan (d)
 
621,000
362,072
Hiwin Technologies Corp
 
165,527
1,541,206
Kaori Heat Treatment Co Ltd
 
45,318
1,188,532
Kinik Co
 
65,031
1,265,756
Mega Union Technology Inc
 
41,600
917,062
Shin Zu Shing Co Ltd
 
92,908
486,249
Sunonwealth Electric Machine Industry Co Ltd
 
129,365
518,169
Syntec Technology Co Ltd
 
23,000
1,420,238
Taiwan Microloops Corp (d)
 
21,000
333,757
 
 
 
8,760,147
Marine Transportation - 0.0%
 
 
 
Evergreen Marine Corp Taiwan Ltd
 
627,637
3,946,302
U-Ming Marine Transport Corp
 
264,333
509,892
Wan Hai Lines Ltd
 
437,804
1,142,514
Wisdom Marine Lines Co Ltd
 
263,641
637,537
Yang Ming Marine Transport Corp
 
1,042,709
1,632,010
 
 
 
7,868,255
Passenger Airlines - 0.0%
 
 
 
China Airlines Ltd
 
1,914,085
1,327,549
Eva Airways Corp
 
1,612,722
2,152,654
Starlux Airlines Co Ltd (d)
 
961,000
642,689
 
 
 
4,122,892
Professional Services - 0.0%
 
 
 
Sporton International Inc
 
61,190
362,141
Transportation Infrastructure - 0.0%
 
 
 
Taiwan High Speed Rail Corp
 
1,080,401
867,455
TOTAL INDUSTRIALS
 
 
51,992,794
Information Technology - 6.9%
 
 
 
Communications Equipment - 0.1%
 
 
 
Accton Technology Corp
 
295,289
19,148,634
Arcadyan Technology Corp
 
99,239
525,619
LuxNet Corp
 
71,377
790,360
Sercomm Corp
 
165,072
417,904
WNC Corp /Taiwan
 
215,271
1,443,451
 
 
 
22,325,968
Electronic Equipment, Instruments & Components - 1.0%
 
 
 
All Ring Tech Co Ltd (d)
 
44,000
1,221,313
Asia Optical Co Inc
 
128,984
504,725
AUO Corp
 
3,518,846
2,577,826
Chroma ATE Inc
 
211,390
13,286,971
Chunghwa Precision Test Tech Co Ltd
 
12,000
904,708
Compeq Manufacturing Co Ltd
 
604,996
3,096,772
Compeq Manufacturing Co Ltd rights 7/14/2026 (d)
 
16,379
0
Coretronic Corp
 
131,402
296,174
Delta Electronics Inc
 
1,137,992
56,012,490
Dynamic Holding Co Ltd
 
142,379
433,403
Dynapack International Technology Corp
 
79,000
698,790
E Ink Holdings Inc
 
471,031
2,726,796
Elite Material Co Ltd
 
165,424
23,758,091
First Hi-Tec Enterprise Co Ltd
 
40,000
243,485
FLEXium Interconnect Inc (d)
 
172,595
259,663
Fositek Corp
 
29,287
1,198,383
Foxconn Technology Co Ltd
 
616,424
1,067,816
Fulltech Fiber Glass Corp (d)
 
277,000
557,582
Genius Electronic Optical Co Ltd
 
47,938
704,051
Global Brands Manufacture Ltd
 
165,769
414,780
Gold Circuit Electronics Ltd
 
195,353
4,684,445
Hannstar Board Corp
 
140,548
286,762
HannStar Display Corp (d)
 
1,279,127
481,372
Hon Hai Precision Industry Co Ltd
 
7,132,230
54,494,188
I Chiun Precision Industry Co Ltd
 
109,000
617,831
Innolux Corp
 
4,337,555
5,955,430
Iteq Corp
 
145,731
1,163,336
Largan Precision Co Ltd
 
55,075
6,830,689
Lelon Electronics Corp
 
64,000
426,308
Lotes Co Ltd
 
50,385
2,840,992
Nan Ya Printed Circuit Board Corp
 
132,821
3,658,661
Nichidenbo Corp
 
95,000
359,244
Pan-International Industrial Corp
 
348,122
437,686
Primax Electronics Ltd
 
299,443
602,607
Scientech Corp
 
28,450
559,464
Simplo Technology Co Ltd
 
101,415
1,096,575
Sinbon Electronics Co Ltd
 
130,799
1,184,053
Supreme Electronics Co Ltd
 
314,420
769,638
Synnex Technology International Corp
 
764,100
2,192,486
Taiflex Scientific Co Ltd
 
117,000
607,881
Taiwan Surface Mounting Technology Corp
 
148,182
634,431
Taiwan Union Technology Corp
 
142,578
4,776,013
Test Research Co Ltd
 
83,415
681,276
Tong Hsing Electronic Industries Ltd
 
109,930
533,676
TPK Holding Co Ltd
 
194,000
324,779
Tripod Technology Corp
 
266,751
2,996,482
Txc Corp
 
164,918
753,437
Unimicron Technology Corp
 
774,965
18,191,430
Unitech Printed Circuit Board Corp
 
365,852
405,220
Universal Microwave Technology Inc
 
37,000
1,083,074
Wah Lee Industrial Corp
 
114,283
393,909
Walsin Technology Corp
 
168,862
1,104,392
Wpg Holding Co Ltd (d)
 
896,795
3,076,082
WT Microelectronics Co Ltd
 
441,681
2,666,983
Yageo Corp
 
909,128
13,689,916
Zhen Ding Technology Holding Ltd
 
434,726
5,457,022
 
 
 
255,981,589
IT Services - 0.0%
 
 
 
Systex Corp
 
113,019
535,238
Semiconductors & Semiconductor Equipment - 5.4%
 
 
 
ABLEPRINT TECHNOLOGY CO LTD
 
4,000
407,656
ADATA Technology Co Ltd
 
160,808
1,926,883
Advanced Echem Materials Co Ltd
 
41,000
899,420
Advanced Wireless Semiconductor Co
 
81,503
271,407
Airoha Technology Corp
 
24,670
388,964
Alchip Technologies Ltd
 
45,274
4,180,449
AP Memory Technology Corp
 
61,097
1,226,642
Ardentec Corp
 
228,465
1,229,168
ASE Technology Holding Co Ltd
 
1,948,234
33,261,092
ASMedia Technology Inc
 
22,736
913,666
ASPEED Technology Inc
 
19,485
8,513,939
Chang Wah Technology Co Ltd
 
219,289
435,795
Chipbond Technology Corp
 
319,056
1,242,867
ChipMOS Technologies Inc
 
336,977
736,071
Elan Microelectronics Corp
 
165,693
764,328
Elite Advanced Laser Corp
 
77,000
862,352
Elite Semiconductor Microelectronics Technology Inc
 
154,314
837,005
eMemory Technology Inc
 
36,406
2,736,546
Ennostar Inc
 
378,308
557,687
Everlight Electronics Co Ltd
 
242,235
466,533
Faraday Technology Corp
 
141,151
641,141
Fitipower Integrated Technology Inc
 
67,638
310,477
Formosa Sumco Technology Corp
 
37,000
299,774
Foxsemicon Integrated Technology Inc
 
63,141
571,009
Global Mixed Mode Technology Inc
 
50,318
379,590
Global Unichip Corp
 
50,185
5,749,415
Globalwafers Co Ltd
 
154,512
3,904,507
Grand Process Technology Corp
 
11,802
847,184
Greatek Electronics Inc
 
167,544
511,472
Gudeng Precision Industrial Co Ltd
 
41,511
502,416
Hon Precision Inc
 
47,000
8,721,715
ITE Technology Inc
 
134,349
513,506
Jentech Precision Industrial Co Ltd
 
50,913
5,276,034
King Yuan Electronics Co Ltd
 
669,604
4,524,725
Kinsus Interconnect Technology Corp
 
190,554
3,614,794
LandMark Optoelectronics Corp
 
47,300
2,289,479
M31 Technology Corp
 
19,000
227,212
Machvision Inc
 
23,343
438,300
Macronix International Co Ltd (d)
 
1,063,033
3,194,464
Marketech International Corp
 
52,009
740,620
MediaTek Inc
 
834,955
88,987,159
MPI Corp
 
50,207
7,995,451
Nanya Technology Corp
 
707,486
7,567,410
Novatek Microelectronics Corp
 
324,650
5,133,344
Nuvoton Technology Corp (d)
 
120,000
425,281
Orient Semiconductor Electronics Ltd
 
257,817
317,740
Pan Jit International Inc
 
174,456
615,586
Parade Technologies Ltd
 
45,274
776,200
Phison Electronics Corp
 
102,481
5,045,982
Phoenix Silicon International Corp
 
91,000
675,210
Pixart Imaging Inc
 
87,547
515,617
Powerchip Semiconductor Manufacturing Corp (d)
 
1,862,402
3,047,395
Powertech Technology Inc
 
392,572
2,808,042
Radiant Opto-Electronics Corp
 
248,861
630,189
Raydium Semiconductor Corp
 
45,775
318,593
Realtek Semiconductor Corp
 
288,443
5,984,164
SDI Corp
 
82,000
362,131
ShunSin Technology Holding Ltd
 
26,000
267,102
Sigurd Microelectronics Corp
 
264,553
1,503,862
Silicon Integrated Systems Corp (d)
 
251,744
377,156
Sino-American Silicon Products Inc
 
317,355
1,502,927
Sitronix Technology Corp
 
76,899
625,135
Taiwan Semiconductor Manufacturing Co Ltd
 
14,388,148
1,064,717,501
Topco Scientific Co Ltd
 
104,689
1,598,710
United Microelectronics Corp
 
6,615,575
24,761,012
Vanguard International Semiconductor Corp
 
716,672
3,287,021
Via Technologies Inc
 
168,173
362,081
VisEra Technologies Co Ltd
 
63,987
824,875
Visual Photonics Epitaxy Co Ltd
 
104,437
913,580
Win Semiconductors Corp
 
196,232
1,732,097
Winbond Electronics Corp
 
1,780,530
6,870,493
WinWay Technology Co Ltd
 
14,736
2,587,692
XinTec Inc
 
87,305
724,294
 
 
 
1,348,977,336
Technology Hardware, Storage & Peripherals - 0.4%
 
 
 
Acer Inc
 
1,653,834
1,466,158
Advantech Co Ltd
 
275,256
4,690,803
Asia Vital Components Co Ltd
 
189,113
13,306,081
Asustek Computer Inc
 
390,462
9,692,843
AURAS Technology Co Ltd
 
38,450
1,050,573
Catcher Technology Co Ltd
 
257,276
1,446,011
Chenbro Micom Co Ltd
 
37,406
1,189,205
Chenming Electronic Technology Corp
 
87,000
205,758
Chicony Electronics Co Ltd
 
364,442
1,187,491
Clevo Co
 
269,500
346,942
Compal Electronics Inc
 
2,329,484
2,562,999
Ennoconn Corp
 
57,865
720,379
Getac Holdings Corp
 
237,191
826,603
Gigabyte Technology Co Ltd (d)
 
308,223
3,182,487
HTC Corp
 
419,197
514,117
Innodisk Corp
 
45,378
1,752,770
Inventec Corp
 
1,490,683
2,800,233
JPC connectivity Inc
 
47,000
412,877
King Slide Works Co Ltd
 
33,472
8,024,338
Kinpo Electronics
 
676,156
616,914
Lite-On Technology Corp
 
1,154,472
7,319,616
Micro-Star International Co Ltd
 
385,308
1,670,223
Mitac Holdings Corp
 
499,066
1,334,074
Pegatron Corp
 
1,167,530
3,022,477
Qisda Corp
 
799,250
670,557
Quanta Computer Inc
 
1,575,969
14,026,184
Quanta Storage Inc
 
117,063
238,961
Transcend Information Inc
 
103,843
922,650
Wistron Corp
 
1,767,639
9,484,245
Wiwynn Corp
 
60,097
9,788,797
 
 
 
104,473,366
TOTAL INFORMATION TECHNOLOGY
 
 
1,732,293,497
Materials - 0.2%
 
 
 
Chemicals - 0.2%
 
 
 
China Petrochemical Development Corp (d)
 
1,989,605
463,906
Daxin Materials Corp
 
29,000
276,156
Eternal Materials Co Ltd
 
493,389
904,095
Formosa Chemicals & Fibre Corp
 
1,988,758
3,464,710
Formosa Plastics Corp
 
2,259,094
3,800,371
Nan Pao Resins Chemical Co Ltd
 
40,516
384,623
Nan Ya Plastics Corp
 
2,783,496
13,231,458
Shinkong Synthetic Fibers Corp
 
625,804
397,942
Shiny Chemical Industrial Co Ltd
 
83,603
385,094
Sinon Corp
 
238,606
287,234
Solar Applied Materials Technology Corp
 
279,364
854,665
Taiwan Fertilizer Co Ltd
 
442,506
625,611
Taiwan Speciality Chemicals Corp
 
48,000
316,812
 
 
 
25,392,677
Construction Materials - 0.0%
 
 
 
Asia Cement Corp
 
1,341,347
1,367,530
Goldsun Building Materials Co Ltd
 
564,975
543,980
TCC Group Holdings Co Ltd
 
3,786,813
2,836,743
 
 
 
4,748,253
Containers & Packaging - 0.0%
 
 
 
Taiwan Hon Chuan Enterprise Co Ltd
 
169,966
672,305
Metals & Mining - 0.0%
 
 
 
Century Iron & Steel Industrial Co Ltd
 
112,349
360,881
China Steel Corp
 
6,856,785
4,013,592
EVERGREEN Steel Corp
 
114,349
306,829
Feng Hsin Steel Co Ltd
 
263,663
530,143
Gloria Material Technology Corp
 
272,386
266,907
TA Chen Stainless Pipe
 
1,204,992
1,607,331
Tung Ho Steel Enterprise Corp
 
297,196
683,755
 
 
 
7,769,438
Paper & Forest Products - 0.0%
 
 
 
YFY Inc
 
747,540
668,795
TOTAL MATERIALS
 
 
39,251,468
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
Chong Hong Development Co Ltd
 
118,024
282,997
Farglory Land Development Co Ltd
 
166,446
333,281
Highwealth Construction Corp
 
852,403
1,156,707
Huaku Development Co Ltd
 
201,209
605,359
Ruentex Development Co Ltd
 
969,967
807,620
Sakura Development Co Ltd
 
205,530
269,745
TOTAL REAL ESTATE
 
 
3,455,709
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Taiwan Cogeneration Corp
 
324,468
585,873
TOTAL TAIWAN
 
 
2,047,230,998
THAILAND - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
True Corp PCL
 
1,556,489
668,919
True Corp PCL depository receipt
 
4,779,894
2,054,213
 
 
 
2,723,132
Wireless Telecommunication Services - 0.0%
 
 
 
Advanced Info Service PCL
 
110,566
1,255,248
Advanced Info Service PCL depository receipt
 
456,736
5,185,294
 
 
 
6,440,542
TOTAL COMMUNICATION SERVICES
 
 
9,163,674
Consumer Discretionary - 0.0%
 
 
 
Broadline Retail - 0.0%
 
 
 
Central Retail Corp PCL depository receipt
 
1,133,000
904,101
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Central Plaza Hotel PCL depository receipt
 
424,000
485,939
Minor International PCL depository receipt
 
1,728,710
1,217,029
 
 
 
1,702,968
Specialty Retail - 0.0%
 
 
 
Com7 Pcl depository receipt
 
731,799
667,228
Home Product Center PCL depository receipt
 
3,996,541
775,202
 
 
 
1,442,430
TOTAL CONSUMER DISCRETIONARY
 
 
4,049,499
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Osotspa PCL depository receipt
 
708,223
371,585
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Berli Jucker PCL depository receipt
 
740,900
358,556
CP ALL PCL
 
922,258
1,321,552
CP ALL PCL depository receipt
 
2,132,217
3,055,368
 
 
 
4,735,476
Food Products - 0.0%
 
 
 
Betagro PCL depository receipt
 
593,000
378,740
Charoen Pokphand Foods PCL
 
654,011
438,725
Charoen Pokphand Foods PCL depository receipt
 
1,637,987
1,098,797
Thai Union Group PCL depository receipt
 
2,052,500
747,679
Thai Vegetable Oil PCL depository receipt
 
412,100
335,804
 
 
 
2,999,745
TOTAL CONSUMER STAPLES
 
 
8,106,806
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
Bangchak Corp PCL depository receipt
 
517,403
692,898
Banpu PCL depository receipt (g)
 
4,727,914
820,769
Energy Earth PCL (d)(g)
 
7,600
0
IRPC PCL depository receipt
 
6,956,295
458,238
PTT Exploration & Production PCL
 
240,682
1,077,346
PTT Exploration & Production PCL depository receipt
 
502,156
2,247,762
PTT PCL
 
2,267,616
2,612,668
PTT PCL depository receipt
 
3,570,311
4,113,587
Thai Oil PCL depository receipt
 
682,464
1,334,732
Valeura Energy Inc (d)
 
59,187
528,602
TOTAL ENERGY
 
 
13,886,602
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Kasikornbank PCL depository receipt
 
357,351
2,605,897
Krung Thai Bank PCL depository receipt
 
2,119,051
2,797,794
SCB X PCL
 
172,918
790,398
SCB X PCL depository receipt
 
345,381
1,578,718
Thanachart Capital PCL depository receipt
 
235,700
549,809
Tisco Financial Group PCL depository receipt
 
185,423
712,227
TMBThanachart Bank PCL depository receipt
 
15,577,916
1,423,096
 
 
 
10,457,939
Consumer Finance - 0.0%
 
 
 
Krungthai Card PCL depository receipt
 
767,100
875,028
Muangthai Capital PCL depository receipt
 
611,300
622,985
Srisawad Corp PCL depository receipt
 
470,500
346,105
TIDLOR Holdings PCL depository receipt
 
837,818
475,776
 
 
 
2,319,894
Insurance - 0.0%
 
 
 
Thai Life Insurance PCL
 
1,228,300
427,192
TOTAL FINANCIALS
 
 
13,205,025
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Bangkok Dusit Medical Services PCL
 
1,670,644
958,992
Bangkok Dusit Medical Services PCL depository receipt
 
4,730,753
2,715,573
Bumrungrad Hospital Pcl
 
83,433
467,518
Bumrungrad Hospital Pcl depository receipt
 
254,678
1,427,092
TOTAL HEALTH CARE
 
 
5,569,175
Industrials - 0.0%
 
 
 
Electrical Equipment - 0.0%
 
 
 
STARK Corp PCL (d)(g)
 
4,002,200
0
Ground Transportation - 0.0%
 
 
 
BTS Group Holdings PCL depository receipt (d)
 
6,201,134
396,652
Transportation Infrastructure - 0.0%
 
 
 
Airports of Thailand PCL depository receipt
 
2,309,328
4,383,470
Bangkok Expressway & Metro PCL
 
2,692,438
543,197
 
 
 
4,926,667
TOTAL INDUSTRIALS
 
 
5,323,319
Information Technology - 0.2%
 
 
 
Electronic Equipment, Instruments & Components - 0.2%
 
 
 
Cal-Comp Electronics Thailand PCL depository receipt
 
2,080,400
510,114
Delta Electronics Thailand PCL
 
576,729
4,719,707
Delta Electronics Thailand PCL depository receipt
 
1,246,087
10,197,451
KCE Electronics PCL depository receipt
 
583,300
725,602
TOTAL INFORMATION TECHNOLOGY
 
 
16,152,874
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Indorama Ventures PCL depository receipt
 
1,016,800
669,350
PTT Global Chemical PCL depository receipt
 
1,301,106
1,424,881
 
 
 
2,094,231
Construction Materials - 0.0%
 
 
 
Siam Cement PCL/The
 
110,686
839,531
Siam Cement PCL/The depository receipt
 
339,375
2,574,093
 
 
 
3,413,624
Containers & Packaging - 0.0%
 
 
 
SCG Packaging PCL depository receipt
 
794,800
721,056
TOTAL MATERIALS
 
 
6,228,911
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
AP Thailand PCL depository receipt
 
1,928,505
478,941
Central Pattana PCL
 
477,305
981,655
Central Pattana PCL depository receipt
 
749,385
1,541,233
Land & Houses PCL depository receipt
 
7,309,058
833,333
MBK PCL depository receipt
 
685,830
462,923
Sansiri PCL depository receipt
 
12,402,507
558,641
WHA Corp PCL depository receipt
 
4,777,980
691,883
TOTAL REAL ESTATE
 
 
5,548,609
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Electricity Generating PCL
 
79,217
317,273
Energy Absolute PCL depository receipt (d)
 
5,125,300
445,671
Global Power Synergy PCL depository receipt
 
470,000
721,302
Gulf Development PCL
 
289,802
577,384
Gulf Development PCL depository receipt
 
1,957,010
3,899,031
Ratch Group PCL depository receipt
 
690,792
793,595
TOTAL UTILITIES
 
 
6,754,256
TOTAL THAILAND
 
 
93,988,750
TURKEY - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
Turkcell Iletisim Hizmetleri AS
 
730,955
1,537,476
Consumer Discretionary - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Tofas Turk Otomobil Fabrikasi AS
 
92,037
527,793
Specialty Retail - 0.0%
 
 
 
Dogan Sirketler Grubu Holding AS
 
809,224
356,259
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Mavi Giyim Sanayi Ve Ticaret AS Class B (b)(c)
 
765,299
630,036
TOTAL CONSUMER DISCRETIONARY
 
 
1,514,088
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Anadolu Efes Biracilik Ve Malt Sanayii AS
 
1,552,280
714,747
Consumer Staples Distribution & Retail - 0.0%
 
 
 
BIM Birlesik Magazalar AS
 
537,028
4,410,368
Migros Ticaret AS
 
62,949
828,612
 
 
 
5,238,980
Food Products - 0.0%
 
 
 
Ulker Biskuvi Sanayi AS
 
248,613
451,512
TOTAL CONSUMER STAPLES
 
 
6,405,239
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Turkiye Petrol Rafinerileri AS
 
567,941
3,528,809
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Akbank TAS
 
1,887,614
2,518,474
Haci Omer Sabanci Holding AS
 
788,557
1,402,248
Turkiye Is Bankasi AS Class C
 
5,494,106
1,441,778
Yapi ve Kredi Bankasi AS (d)
 
2,029,247
1,398,987
 
 
 
6,761,487
Capital Markets - 0.0%
 
 
 
Is Yatirim Menkul Degerler AS
 
750,432
545,467
Consumer Finance - 0.0%
 
 
 
Katilimevim Tasarruf Finansman AS
 
254,832
834,447
Insurance - 0.0%
 
 
 
Anadolu Anonim Turk Sigorta Sirketi
 
812,185
464,899
Turkiye Sigorta AS
 
3,141,696
415,863
 
 
 
880,762
TOTAL FINANCIALS
 
 
9,022,163
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
MLP Saglik Hizmetleri AS (b)(c)(d)
 
59,630
508,223
Industrials - 0.1%
 
 
 
Aerospace & Defense - 0.1%
 
 
 
Aselsan Elektronik Sanayi Ve Ticaret AS
 
669,827
4,824,376
Construction & Engineering - 0.0%
 
 
 
Ral Yatirim Holding AS (d)
 
78,018
396,503
Ground Transportation - 0.0%
 
 
 
LDR Turizm AS
 
135,252
277,086
Industrial Conglomerates - 0.0%
 
 
 
KOC Holding AS
 
446,356
1,849,533
Turkiye Sise ve Cam Fabrikalari AS
 
841,965
739,574
 
 
 
2,589,107
Passenger Airlines - 0.0%
 
 
 
Pegasus Hava Tasimaciligi AS (d)
 
232,792
749,539
Turk Hava Yollari AO
 
331,947
2,193,479
 
 
 
2,943,018
Transportation Infrastructure - 0.0%
 
 
 
TAV Havalimanlari Holding AS
 
137,052
783,772
TOTAL INDUSTRIALS
 
 
11,813,862
Information Technology - 0.0%
 
 
 
IT Services - 0.0%
 
 
 
Odine Solutions Teknoloji Ticaret VE Sanayi AS (d)
 
12,725
669,473
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Petkim Petrokimya Holding AS (d)
 
849,237
341,705
Sasa Polyester Sanayi AS (d)
 
8,137,120
422,963
 
 
 
764,668
Construction Materials - 0.0%
 
 
 
Cimsa Cimento Sanayi VE Ticaret AS
 
388,695
366,783
Oyak Cimento Fabrikalari AS
 
1,514,868
647,152
 
 
 
1,013,935
Metals & Mining - 0.0%
 
 
 
Eldorado Gold Corp
 
129,131
3,897,374
Eregli Demir ve Celik Fabrikalari TAS
 
2,020,958
1,809,213
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D (d)
 
683,955
593,007
Turk Altin Isletmeleri AS (d)
 
638,187
593,078
 
 
 
6,892,672
TOTAL MATERIALS
 
 
8,671,275
Real Estate - 0.0%
 
 
 
Diversified REITs - 0.0%
 
 
 
Peker Gayrimenkul Yatirim Ortakligi AS (d)
 
2,325,082
720,736
Real Estate Management & Development - 0.0%
 
 
 
Tera Yatirim Teknoloji Holding AS (d)
 
808,290
816,476
Residential REITs - 0.0%
 
 
 
Emlak Konut Gayrimenkul Yatirim Ortakligi AS
 
1,351,653
509,443
Retail REITs - 0.0%
 
 
 
Yeni Gimat Gayrimenkul Ortakligi AS
 
138,502
616,455
TOTAL REAL ESTATE
 
 
2,663,110
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Enerjisa Enerji AS (b)(c)
 
217,185
497,729
Gas Utilities - 0.0%
 
 
 
Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS (d)
 
605,245
426,180
Enerya Enerji AS
 
1,678,054
325,237
 
 
 
751,417
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Margun Enerji Uretim Sanayi VE Ticaret AS
 
431,806
335,312
TOTAL UTILITIES
 
 
1,584,458
TOTAL TURKEY
 
 
47,918,176
UNITED ARAB EMIRATES - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Emirates Telecommunications Group Co PJSC
 
2,051,907
11,374,034
Space42 PLC (d)
 
863,897
381,027
TOTAL COMMUNICATION SERVICES
 
 
11,755,061
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Americana Restaurants International PLC - Foreign Co
 
1,792,613
1,059,072
Specialty Retail - 0.0%
 
 
 
Abu Dhabi National Oil Co for Distribution PJSC
 
1,827,583
1,990,289
TOTAL CONSUMER DISCRETIONARY
 
 
3,049,361
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Lulu Retail Holdings PLC
 
2,398,774
626,960
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
ADNOC Drilling Co PJSC
 
1,531,931
2,427,400
NMDC Energy PJSC
 
770,379
585,177
 
 
 
3,012,577
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Adnoc Gas PLC
 
4,000,034
3,593,823
ADNOC Logistics & Services
 
1,055,666
1,781,957
Dana Gas PJSC
 
3,892,836
905,114
 
 
 
6,280,894
TOTAL ENERGY
 
 
9,293,471
Financials - 0.3%
 
 
 
Banks - 0.3%
 
 
 
Abu Dhabi Commercial Bank PJSC
 
1,853,968
7,571,337
Abu Dhabi Islamic Bank PJSC
 
895,292
5,172,365
Ajman Bank PJSC
 
869,809
322,064
Dubai Islamic Bank PJSC
 
1,792,676
3,548,259
Emirates NBD Bank PJSC
 
1,125,327
9,252,621
First Abu Dhabi Bank PJSC
 
2,615,898
13,816,613
Sharjah Islamic Bank
 
1,247,501
984,959
 
 
 
40,668,218
Capital Markets - 0.0%
 
 
 
Dubai Financial Market PJSC
 
1,132,910
434,904
TOTAL FINANCIALS
 
 
41,103,122
Industrials - 0.0%
 
 
 
Commercial Services & Supplies - 0.0%
 
 
 
Parkin Co PJSC
 
498,037
751,191
Construction & Engineering - 0.0%
 
 
 
Orascom Construction PLC (c)
 
35,886
499,668
Industrial Conglomerates - 0.0%
 
 
 
Dubai Investments PJSC
 
1,333,886
1,307,375
Passenger Airlines - 0.0%
 
 
 
Air Arabia PJSC
 
1,396,621
1,863,175
Transportation Infrastructure - 0.0%
 
 
 
Salik Co PJSC
 
1,146,377
1,660,421
TOTAL INDUSTRIALS
 
 
6,081,830
Materials - 0.0%
 
 
 
Construction Materials - 0.0%
 
 
 
Apex Investment Co PSC (d)
 
581,484
509,768
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Aldar Properties PJSC
 
2,255,419
4,562,419
Emaar Development PJSC
 
535,075
1,887,985
Emaar Properties PJSC
 
3,654,449
10,944,443
 
 
 
17,394,847
Residential REITs - 0.0%
 
 
 
Dubai Residential REIT (c)
 
1,623,542
556,946
TOTAL REAL ESTATE
 
 
17,951,793
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Dubai Electricity & Water Authority PJSC
 
3,527,831
2,631,706
Water Utilities - 0.0%
 
 
 
Emirates Central Cooling Systems Corp
 
1,423,469
612,328
TOTAL UTILITIES
 
 
3,244,034
TOTAL UNITED ARAB EMIRATES
 
 
93,615,400
UNITED KINGDOM - 6.7%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
BT Group PLC
 
3,371,176
9,146,070
Gamma Communications PLC
 
56,142
708,228
Zegona Communications plc
 
98,495
1,940,756
 
 
 
11,795,054
Interactive Media & Services - 0.0%
 
 
 
Autotrader Group PLC (b)(c)
 
474,921
3,353,506
Baltic Classifieds Group PLC
 
278,862
747,914
MONY Group PLC
 
288,937
765,200
Rightmove PLC
 
434,610
2,721,374
Trustpilot Group PLC (b)(c)(d)
 
201,618
735,303
 
 
 
8,323,297
Media - 0.1%
 
 
 
4imprint Group PLC
 
19,163
1,063,552
Informa PLC
 
737,138
8,800,226
ITV PLC
 
2,122,383
2,123,878
WPP PLC
 
627,503
2,534,662
 
 
 
14,522,318
Wireless Telecommunication Services - 0.1%
 
 
 
Vodafone Group PLC
 
10,766,236
17,085,911
TOTAL COMMUNICATION SERVICES
 
 
51,726,580
Consumer Discretionary - 0.4%
 
 
 
Automobiles - 0.0%
 
 
 
Polestar Automotive Holding UK PLC Class A ADR (d)(e)
 
37,603
541,482
Broadline Retail - 0.1%
 
 
 
B&M European Value Retail plc
 
553,314
1,659,993
Next PLC
 
66,762
13,357,306
 
 
 
15,017,299
Distributors - 0.0%
 
 
 
Inchcape PLC
 
181,048
2,046,002
Diversified Consumer Services - 0.0%
 
 
 
ME Group International PLC
 
146,370
218,575
Pearson PLC
 
272,340
4,595,642
 
 
 
4,814,217
Hotels, Restaurants & Leisure - 0.2%
 
 
 
Compass Group PLC
 
993,404
31,500,841
Domino's Pizza Group PLC (e)
 
249,178
676,361
Entain PLC
 
346,245
2,534,903
Greggs PLC
 
60,401
1,530,422
Hollywood Bowl Group PLC
 
125,380
482,440
J D Wetherspoon PLC (e)
 
42,734
448,087
Mitchells & Butlers PLC (d)
 
155,067
576,817
Playtech Plc (d)
 
140,021
714,469
PPHE Hotel Group Ltd
 
11,891
251,610
SSP Group Plc
 
458,516
1,231,604
Trainline PLC (b)(c)(d)
 
220,093
703,607
Whitbread PLC
 
97,660
3,303,694
 
 
 
43,954,855
Household Durables - 0.1%
 
 
 
Barratt Redrow PLC
 
788,244
3,132,652
Bellway PLC
 
71,793
1,923,569
Berkeley Group Holdings PLC (d)
 
54,418
2,566,965
Persimmon PLC
 
197,960
2,953,483
Taylor Wimpey PLC
 
2,083,345
2,190,106
Vistry Group PLC (d)(e)
 
184,533
725,719
 
 
 
13,492,494
Leisure Products - 0.0%
 
 
 
Games Workshop Group PLC
 
19,666
5,067,728
Specialty Retail - 0.0%
 
 
 
Currys PLC
 
590,083
1,335,282
Dunelm Group PLC
 
79,818
935,362
Frasers Group PLC (d)(e)
 
67,037
732,280
JD Sports Fashion PLC
 
1,329,761
1,603,289
Kingfisher PLC
 
999,698
4,170,681
Moonpig Group PLC
 
206,368
766,533
Pets at Home Group Plc
 
352,278
999,892
Watches of Switzerland Group PLC (b)(d)
 
130,668
1,284,706
WH Smith PLC
 
96,048
561,031
 
 
 
12,389,056
Textiles, Apparel & Luxury Goods - 0.0%
 
 
 
Burberry Group PLC (d)
 
210,746
3,372,891
Coats Group PLC
 
1,196,105
1,292,865
Dr Martens PLC (e)
 
432,757
451,434
 
 
 
5,117,190
TOTAL CONSUMER DISCRETIONARY
 
 
102,440,323
Consumer Staples - 1.1%
 
 
 
Beverages - 0.2%
 
 
 
AG Barr PLC
 
68,365
598,903
Coca-Cola Europacific Partners PLC
 
116,712
12,775,296
Diageo PLC
 
1,299,423
28,546,159
Fevertree Drinks PLC
 
68,686
797,967
 
 
 
42,718,325
Consumer Staples Distribution & Retail - 0.1%
 
 
 
J Sainsbury PLC
 
1,008,463
4,884,807
Marks & Spencer Group PLC
 
1,225,985
6,701,691
Ocado Group PLC (d)(e)
 
323,192
922,563
Tesco PLC
 
3,720,119
24,486,414
 
 
 
36,995,475
Food Products - 0.0%
 
 
 
Associated British Foods PLC
 
165,111
4,638,713
Cranswick PLC
 
32,112
2,315,424
Hilton Food Group PLC
 
63,841
515,389
MP Evans Group PLC
 
24,890
545,450
Premier Foods PLC
 
382,343
1,001,233
Tate & Lyle PLC
 
220,756
1,648,282
 
 
 
10,664,491
Household Products - 0.1%
 
 
 
Reckitt Benckiser Group PLC
 
373,443
26,356,629
Personal Care Products - 0.3%
 
 
 
Unilever PLC
 
1,272,587
80,971,638
Tobacco - 0.4%
 
 
 
British American Tobacco PLC
 
1,172,066
71,098,631
Imperial Brands PLC
 
433,023
16,433,603
 
 
 
87,532,234
TOTAL CONSUMER STAPLES
 
 
285,238,792
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Hunting PLC
 
78,754
470,734
Subsea 7 SA
 
130,248
4,375,728
 
 
 
4,846,462
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
DCC Energy plc
 
49,997
4,265,373
Harbour Energy PLC
 
441,965
1,426,006
Rockhopper Exploration PLC (d)(e)
 
561,183
550,611
Serica Energy PLC
 
158,584
502,697
Yellow Cake PLC (b)(c)(d)
 
148,286
1,094,192
 
 
 
7,838,879
TOTAL ENERGY
 
 
12,685,341
Financials - 2.2%
 
 
 
Banks - 1.6%
 
 
 
Barclays PLC
 
7,979,250
54,845,661
Close Brothers Group PLC (d)
 
95,914
550,165
HSBC Holdings PLC
 
10,022,613
213,434,660
Lloyds Banking Group PLC
 
34,128,943
52,750,273
Metro Bank Holdings PLC (d)
 
227,618
542,987
NatWest Group PLC
 
4,653,991
43,899,381
Standard Chartered PLC
 
1,039,066
30,722,696
 
 
 
396,745,823
Capital Markets - 0.4%
 
 
 
3i Group PLC
 
569,040
21,906,782
Aberdeen Group PLC
 
1,061,604
3,442,449
AJ Bell PLC
 
186,702
1,478,312
Allfunds Group Plc
 
161,812
1,649,487
Ashmore Group PLC (e)
 
249,955
695,314
Bridgepoint Group PLC (b)(c)(e)
 
235,427
1,017,253
ICG PLC
 
158,668
4,037,390
IG Group Holdings PLC
 
186,648
3,672,701
Integrafin Holdings Ltd (c)
 
182,207
904,924
Investec PLC
 
323,266
2,827,575
IP Group PLC (d)
 
588,070
493,771
Jupiter Fund Management PLC
 
297,731
634,001
London Stock Exchange Group PLC
 
260,396
29,292,600
Man Group Plc/Jersey
 
658,100
2,680,376
Molten Ventures PLC (d)
 
91,331
747,165
Ninety One PLC
 
181,558
519,241
Polar Capital Holdings PLC
 
61,226
636,209
Quilter PLC (b)(c)
 
818,882
2,132,248
Rathbones Group PLC
 
40,608
912,887
Schroders PLC
 
455,668
3,614,135
St James's Place PLC
 
302,169
4,290,361
TP ICAP Group PLC
 
438,900
2,026,573
XPS Pensions Group PLC (c)
 
148,675
664,249
 
 
 
90,276,003
Financial Services - 0.0%
 
 
 
Klarna Group PLC (d)(e)
 
37,528
710,780
M&G PLC
 
1,275,516
6,145,699
OSB Group PLC
 
200,400
1,503,046
Paragon Banking Group PLC
 
121,581
1,371,515
Wise Group PLC Class A (United Kingdom)
 
416,844
4,975,314
 
 
 
14,706,354
Insurance - 0.2%
 
 
 
Admiral Group PLC
 
152,878
7,771,879
Aviva PLC
 
1,755,989
16,434,659
Beazley PLC
 
328,395
5,711,680
Chesnara PLC
 
147,605
684,335
Hiscox Ltd
 
186,814
4,554,674
Lancashire Holdings Ltd
 
136,081
1,105,004
Legal & General Group PLC
 
3,043,244
12,321,002
Saga PLC (d)
 
57,066
516,840
Standard Life PLC
 
410,177
5,102,492
 
 
 
54,202,565
TOTAL FINANCIALS
 
 
555,930,745
Health Care - 0.9%
 
 
 
Biotechnology - 0.0%
 
 
 
Genus PLC
 
40,303
1,191,745
OXB (d)
 
50,034
377,627
 
 
 
1,569,372
Health Care Equipment & Supplies - 0.0%
 
 
 
Advanced Medical Solutions Group PLC
 
148,418
560,085
Convatec Group PLC (b)(c)
 
990,943
2,991,617
Smith & Nephew PLC
 
443,291
6,934,385
 
 
 
10,486,087
Health Care Providers & Services - 0.0%
 
 
 
CVS Group PLC
 
48,041
810,636
Spire Healthcare Group PLC (b)(c)
 
156,924
493,839
 
 
 
1,304,475
Health Care Technology - 0.0%
 
 
 
Craneware PLC
 
19,262
302,178
Life Sciences Tools & Services - 0.0%
 
 
 
Oxford Nanopore Technologies PLC (d)(e)
 
251,923
385,026
Pharmaceuticals - 0.9%
 
 
 
Astrazeneca PLC
 
882,561
150,254,051
GSK PLC
 
2,365,852
61,518,923
Hikma Pharmaceuticals PLC
 
89,499
1,911,863
 
 
 
213,684,837
TOTAL HEALTH CARE
 
 
227,731,975
Industrials - 1.2%
 
 
 
Aerospace & Defense - 0.6%
 
 
 
Avon Technologies PLC
 
25,790
592,980
Babcock International Group PLC
 
144,515
2,183,373
BAE Systems PLC
 
1,707,871
48,348,689
Chemring Group PLC
 
161,975
1,289,072
Cohort PLC (e)
 
23,750
392,431
Melrose Industries PLC
 
735,875
4,505,636
QinetiQ Group PLC
 
271,501
1,851,532
Rolls-Royce Holdings PLC
 
4,899,890
97,751,131
Senior PLC
 
228,993
896,557
 
 
 
157,811,401
Building Products - 0.0%
 
 
 
Genuit Group PLC
 
170,561
623,417
Volution Group PLC
 
127,262
1,061,693
 
 
 
1,685,110
Commercial Services & Supplies - 0.1%
 
 
 
Johnson Service Group PLC
 
246,485
499,629
Mitie Group PLC
 
736,089
2,053,572
Rentokil Initial PLC
 
1,472,266
6,780,165
Serco Group PLC
 
588,167
1,915,168
Verisure PLC (d)
 
134,837
1,674,598
 
 
 
12,923,132
Construction & Engineering - 0.0%
 
 
 
Balfour Beatty PLC
 
285,340
3,316,891
Keller Group PLC
 
43,092
1,756,256
Kier Group PLC
 
271,466
876,620
Morgan Sindall Group PLC
 
29,103
1,737,604
Renew Holdings PLC
 
61,499
743,481
 
 
 
8,430,852
Electrical Equipment - 0.0%
 
 
 
Ceres Power Holdings PLC (d)
 
84,549
395,410
DiscoverIE Group PLC
 
59,748
624,072
Itm Power PLC (d)(e)
 
280,953
386,606
Volex PLC
 
78,946
543,701
 
 
 
1,949,789
Ground Transportation - 0.0%
 
 
 
Firstgroup PLC
 
328,947
817,516
Zigup PLC
 
139,094
867,021
 
 
 
1,684,537
Industrial Conglomerates - 0.1%
 
 
 
CK Hutchison Holdings Ltd
 
1,564,800
14,661,051
Smiths Group PLC
 
177,885
6,334,049
 
 
 
20,995,100
Machinery - 0.1%
 
 
 
Bodycote PLC
 
103,550
1,008,317
IMI PLC
 
138,132
5,465,875
Morgan Advanced Materials PLC
 
194,668
592,942
Rotork PLC
 
482,776
3,163,516
Spirax Group PLC
 
42,518
3,979,737
Vesuvius PLC
 
122,667
613,354
Weir Group PLC/The
 
154,475
5,487,986
 
 
 
20,311,727
Marine Transportation - 0.0%
 
 
 
Clarkson PLC
 
17,849
1,137,848
Passenger Airlines - 0.0%
 
 
 
easyJet PLC
 
195,730
1,661,909
International Consolidated Airlines Group SA (Spain)
 
657,455
3,831,661
JET2 PLC
 
55,316
1,148,103
 
 
 
6,641,673
Professional Services - 0.2%
 
 
 
Hays PLC
 
942,080
716,104
Intertek Group PLC
 
89,127
7,015,061
Michael Page PLC
 
199,532
488,626
RELX PLC
 
1,043,876
36,715,164
 
 
 
44,934,955
Trading Companies & Distributors - 0.1%
 
 
 
Bunzl PLC
 
190,031
7,176,322
Diploma PLC
 
78,690
7,763,186
Grafton Group PLC unit
 
106,116
1,381,123
Howden Joinery Group PLC
 
327,027
3,475,319
RS GROUP PLC
 
280,467
2,651,666
Travis Perkins PLC (e)
 
140,512
1,050,084
 
 
 
23,497,700
TOTAL INDUSTRIALS
 
 
302,003,824
Information Technology - 0.1%
 
 
 
Electronic Equipment, Instruments & Components - 0.1%
 
 
 
Halma PLC
 
216,353
10,293,118
Oxford Instruments PLC
 
32,431
1,194,127
Renishaw PLC
 
20,169
1,345,003
 
 
 
12,832,248
IT Services - 0.0%
 
 
 
Computacenter PLC
 
34,038
2,109,320
Kainos Group PLC
 
61,158
725,758
Softcat PLC
 
75,244
1,957,215
 
 
 
4,792,293
Software - 0.0%
 
 
 
Bytes Technology Group PLC (e)
 
154,467
834,397
GB Group PLC
 
164,991
491,430
Sage Group PLC/The
 
545,660
7,157,042
 
 
 
8,482,869
Technology Hardware, Storage & Peripherals - 0.0%
 
 
 
Raspberry PI Holdings PLC (d)
 
40,830
361,538
TOTAL INFORMATION TECHNOLOGY
 
 
26,468,948
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Croda International PLC
 
74,541
3,219,827
Elementis PLC
 
336,170
802,846
Johnson Matthey PLC
 
98,065
2,632,769
Victrex PLC
 
48,437
511,150
 
 
 
7,166,592
Construction Materials - 0.0%
 
 
 
Breedon Group PLC
 
202,272
902,346
Ibstock PLC (b)(c)
 
291,370
365,794
SigmaRoc PLC (d)
 
616,856
1,024,245
 
 
 
2,292,385
Metals & Mining - 0.0%
 
 
 
Hill & Smith PLC
 
47,817
1,836,693
TOTAL MATERIALS
 
 
11,295,670
Real Estate - 0.2%
 
 
 
Diversified REITs - 0.0%
 
 
 
British Land Co PLC/The
 
576,485
3,434,153
Land Securities Group PLC
 
443,356
4,222,937
Shaftesbury Capital PLC
 
849,860
1,647,083
 
 
 
9,304,173
Health Care REITs - 0.0%
 
 
 
Primary Health Properties PLC
 
1,315,808
1,674,958
Target Healthcare REIT PLC
 
385,121
587,561
 
 
 
2,262,519
Industrial REITs - 0.2%
 
 
 
LondonMetric Property PLC
 
1,200,746
3,175,115
Segro PLC
 
711,735
9,256,675
Tritax Big Box REIT PLC
 
1,450,127
3,324,449
 
 
 
15,756,239
Office REITs - 0.0%
 
 
 
Derwent London PLC
 
56,654
1,606,518
Great Portland Estates PLC
 
202,266
951,388
Workspace Group PLC
 
83,703
395,740
 
 
 
2,953,646
Real Estate Management & Development - 0.0%
 
 
 
Savills PLC
 
100,678
1,248,337
Residential REITs - 0.0%
 
 
 
Grainger PLC
 
481,759
1,133,012
UNITE Group PLC/The
 
241,729
1,752,752
 
 
 
2,885,764
Retail REITs - 0.0%
 
 
 
Hammerson PLC
 
324,989
1,673,175
Supermarket Income Reit PLC
 
755,430
875,083
 
 
 
2,548,258
Specialized REITs - 0.0%
 
 
 
Big Yellow Group PLC (The)
 
112,787
1,349,077
Safestore Holdings PLC
 
128,727
1,067,842
 
 
 
2,416,919
TOTAL REAL ESTATE
 
 
39,375,855
Utilities - 0.4%
 
 
 
Electric Utilities - 0.1%
 
 
 
SSE PLC
 
707,625
22,356,305
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Drax Group PLC
 
199,227
1,980,248
Multi-Utilities - 0.2%
 
 
 
Centrica PLC
 
2,729,181
5,701,293
National Grid PLC
 
2,883,082
46,146,188
Telecom Plus PLC
 
46,722
535,871
 
 
 
52,383,352
Water Utilities - 0.1%
 
 
 
Pennon Group PLC
 
277,741
1,733,127
Severn Trent PLC
 
158,156
6,433,010
United Utilities Group PLC
 
432,885
8,068,709
 
 
 
16,234,846
TOTAL UTILITIES
 
 
92,954,751
TOTAL UNITED KINGDOM
 
 
1,707,852,804
UNITED STATES - 4.1%
 
 
 
Communication Services - 0.2%
 
 
 
Entertainment - 0.2%
 
 
 
Spotify Technology SA (d)
 
85,713
42,851,357
Consumer Discretionary - 0.1%
 
 
 
Automobiles - 0.0%
 
 
 
Stellantis NV (Italy) (d)
 
1,189,735
6,807,581
Hotels, Restaurants & Leisure - 0.1%
 
 
 
InterContinental Hotels Group PLC
 
83,164
13,364,455
Leisure Products - 0.0%
 
 
 
BRP Inc Subordinate Voting Shares
 
21,537
1,330,766
TOTAL CONSUMER DISCRETIONARY
 
 
21,502,802
Consumer Staples - 0.0%
 
 
 
Food Products - 0.0%
 
 
 
JBS NV Class A
 
192,455
2,698,219
Energy - 0.9%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Tenaris SA
 
188,978
5,421,709
Oil, Gas & Consumable Fuels - 0.9%
 
 
 
BP PLC
 
9,163,333
68,845,634
Energy Fuels Inc/Canada (d)(e)
 
138,837
1,590,557
Shell PLC
 
3,272,806
149,801,914
 
 
 
220,238,105
TOTAL ENERGY
 
 
225,659,814
Financials - 0.1%
 
 
 
Insurance - 0.1%
 
 
 
Aegon Ltd
 
703,094
6,681,788
Swiss Re AG
 
174,039
29,029,821
TOTAL FINANCIALS
 
 
35,711,609
Health Care - 2.0%
 
 
 
Biotechnology - 0.0%
 
 
 
BeOne Medicines Ltd H Shares (d)
 
466,881
11,549,387
Legend Biotech Corp ADR (d)
 
42,442
787,299
 
 
 
12,336,686
Health Care Equipment & Supplies - 0.2%
 
 
 
Alcon AG
 
292,516
20,037,771
Inmode Ltd (d)
 
32,633
494,064
 
 
 
20,531,835
Life Sciences Tools & Services - 0.0%
 
 
 
PolyPeptide Group AG (b)(c)(d)
 
7,462
404,274
QIAGEN NV (Germany)
 
122,829
5,059,390
 
 
 
5,463,664
Pharmaceuticals - 1.8%
 
 
 
Haleon PLC
 
5,198,422
25,449,189
Novartis AG
 
1,065,686
166,664,653
Roche Holding AG
 
408,765
178,785,707
Roche Holding AG bearer shares
 
17,892
7,936,262
Sanofi SA
 
636,696
54,826,965
 
 
 
433,662,776
TOTAL HEALTH CARE
 
 
471,994,961
Industrials - 0.7%
 
 
 
Building Products - 0.0%
 
 
 
Reliance Worldwide Corp Ltd
 
472,468
1,162,059
Commercial Services & Supplies - 0.0%
 
 
 
GFL Environmental Inc Subordinate Voting Shares
 
144,523
5,968,140
Construction & Engineering - 0.1%
 
 
 
Ferrovial NV
 
275,172
18,004,430
Electrical Equipment - 0.4%
 
 
 
Rosebank Industries PLC (d)
 
534,369
2,419,858
Schneider Electric SE
 
320,059
107,535,218
Signify NV (b)(c)
 
68,945
1,173,478
 
 
 
111,128,554
Machinery - 0.0%
 
 
 
Impro Precision Industries Ltd (b)(c)
 
300,000
278,104
Marine Transportation - 0.0%
 
 
 
AP Moller - Maersk A/S Series A
 
1,455
3,793,505
AP Moller - Maersk A/S Series B
 
1,938
5,203,778
 
 
 
8,997,283
Professional Services - 0.1%
 
 
 
Experian PLC
 
527,928
19,918,573
Trading Companies & Distributors - 0.1%
 
 
 
Sunbelt Rentals Holdings Inc (United Kingdom)
 
240,737
17,170,068
TOTAL INDUSTRIALS
 
 
182,627,211
Information Technology - 0.0%
 
 
 
Software - 0.0%
 
 
 
Bitdeer Technologies Group Class A (d)(e)
 
69,273
728,752
Keel Infrastructure Corp (Canada) (e)
 
328,404
1,307,197
Monday.com Ltd (d)
 
24,955
2,174,828
Octave Intelligence PLC depository receipt
 
125,666
2,252,756
Sinch AB (b)(c)(d)
 
314,884
1,324,390
Vobile Group Ltd (c)(d)(e)
 
1,055,000
333,622
TOTAL INFORMATION TECHNOLOGY
 
 
8,121,545
Materials - 0.1%
 
 
 
Construction Materials - 0.1%
 
 
 
Buzzi SpA
 
45,761
2,169,346
GCC SAB de CV
 
95,922
1,105,239
Holcim AG
 
297,449
27,015,564
RHI Magnesita NV
 
11,484
437,241
Titan SA (Greece)
 
21,630
1,299,511
 
 
 
32,026,901
Metals & Mining - 0.0%
 
 
 
Acerinox SA
 
106,899
2,142,443
Aura Minerals Inc (e)
 
18,899
1,031,317
Sims Ltd
 
93,718
1,673,954
 
 
 
4,847,714
TOTAL MATERIALS
 
 
36,874,615
TOTAL UNITED STATES
 
 
1,028,042,133
ZAMBIA - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
First Quantum Minerals Ltd (d)
 
405,598
11,243,384
 
TOTAL COMMON STOCKS
 (Cost $17,136,989,011)
 
 
 
24,617,727,576
 
 
 
 
Non-Convertible Preferred Stocks - 0.4%
 
 
Shares
Value ($)
 
COLOMBIA - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Grupo Cibest SA non-voting shares
 
267,571
6,318,198
GERMANY - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Dr Ing hc F Porsche AG (c)
 
65,645
3,213,743
Porsche Automobil Holding SE
 
91,221
3,027,726
Volkswagen AG non-voting shares
 
101,901
8,806,491
TOTAL CONSUMER DISCRETIONARY
 
 
15,047,960
Consumer Staples - 0.0%
 
 
 
Household Products - 0.0%
 
 
 
Henkel AG & Co KGaA non-voting shares
 
88,079
7,680,595
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Draegerwerk AG & Co KGaA
 
5,391
680,100
Life Sciences Tools & Services - 0.0%
 
 
 
Sartorius AG
 
15,191
3,818,815
TOTAL HEALTH CARE
 
 
4,498,915
Industrials - 0.0%
 
 
 
Machinery - 0.0%
 
 
 
Jungheinrich AG
 
28,326
795,045
KSB SE & Co KGaA
 
491
471,641
TOTAL INDUSTRIALS
 
 
1,266,686
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
FUCHS SE
 
39,593
1,833,572
TOTAL GERMANY
 
 
30,327,728
ITALY - 0.0%
 
 
 
Industrials - 0.0%
 
 
 
Machinery - 0.0%
 
 
 
Danieli & C Officine Meccaniche SpA
 
28,626
1,470,269
KOREA (SOUTH) - 0.3%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Automobiles - 0.0%
 
 
 
Hyundai Motor Co non-voting shares
 
10,199
1,378,510
Hyundai Motor Co Series 2
 
23,923
3,256,050
TOTAL CONSUMER DISCRETIONARY
 
 
4,634,560
Information Technology - 0.3%
 
 
 
Technology Hardware, Storage & Peripherals - 0.3%
 
 
 
Samsung Electronics Co Ltd non-voting shares
 
462,317
57,401,928
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
LG Chem Ltd non-voting shares
 
14,510
1,179,818
TOTAL KOREA (SOUTH)
 
 
63,216,306
RUSSIA - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Surgutneftegas PAO (d)(g)
 
1,961,555
0
 
TOTAL NON-CONVERTIBLE PREFERRED STOCKS
 (Cost $71,093,066)
 
 
 
101,332,501
 
 
 
 
U.S. Treasury Obligations - 0.1%
 
 
Yield (%) (i)
Principal
Amount (a)
 
Value ($)
 
US Treasury Bills 0% 8/13/2026 (j)
 (Cost $19,888,036)
 
3.64
19,912,000
19,892,060
 
 
 
 
 
Money Market Funds - 2.7%
 
 
Yield (%)
Shares
Value ($)
 
Fidelity Cash Central Fund (k)
 
3.69
503,972,789
504,073,584
Fidelity Securities Lending Cash Central Fund (k)(l)
 
3.72
173,714,166
173,731,538
 
TOTAL MONEY MARKET FUNDS
 (Cost $677,797,223)
 
 
 
677,805,122
 
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 100.3%
 (Cost $17,905,767,336)
 
 
 
25,416,757,259
NET OTHER ASSETS (LIABILITIES) - (0.3)% (h)
(68,950,497)
NET ASSETS - 100.0%
25,347,806,762
 
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Value and Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
ICE MSCI EAFE Index Contracts (United States)
2,242
9/2026
356,735,830
5,032,159
ICE MSCI Emerging Markets Index Contracts (United States)
2,350
9/2026
192,970,250
(3,371,410)
TME S&P/TSX 60 Index Contracts (Canada)
171
9/2026
50,854,157
432,256
TOTAL LONG
 
 
 
2,093,005

Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
Security exempt from registration under Rule 144A of the Securities Act of 1933.  These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $495,889,423 or 2.0% of net assets.
 
(c)
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 $530,627,213 or 2.1% of net assets.
 
(d)
Non-income producing.
 
(e)
Security or a portion of the security is on loan at period end.
 
(f)
Security or a portion of the security purchased on a delayed delivery or when-issued basis.
 
(g)
Level 3 security.
 
(h)
Includes $7,288,314 of cash collateral to cover margin requirements for futures contracts.
 
(i)
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.
 
(j)
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 $19,892,060.
 
(k)
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.
 
(l)
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 $207,492,265.
 
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
292,258,028
3,697,216,390
3,485,384,864
12,763,267
(23,868)
7,898
504,073,584
503,972,789
Fidelity Securities Lending Cash Central Fund
156,168,767
557,605,431
540,040,292
3,552,852
(2,369)
1
173,731,538
173,714,166
 
448,426,795
4,254,821,821
4,025,425,156
16,316,119
(26,237)
7,899
677,805,122
 
 
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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