Form N-CSRS FIDELITY CONCORD STREET For: Aug 31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-05251
Fidelity Concord Street Trust
(Exact name of registrant as specified in charter)
245 Summer St., Boston, MA 02210
(Address of principal executive offices) (Zip code)
Cynthia Lo Bessette, Secretary
245 Summer St.
Boston, Massachusetts 02210
(Name and address of agent for service)
Registrant's telephone number, including area code:
617-563-7000
Date of fiscal year end: | February 28 |
Date of reporting period: | August 31, 2020 |
Item 1.
Reports to Stockholders
Fidelity® 500 Index Fund
Semi-Annual Report
August 31, 2020
See the inside front cover for important information about access to your funds shareholder reports.
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of a funds shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary, such as a financial advisor, broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
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Contents
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This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. Forms N-PORT are available on the SECs web site at http://www.sec.gov. A fund's Forms N-PORT may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
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NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
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Note to Shareholders:
Early in 2020, the outbreak and spread of a new coronavirus emerged as a public health emergency that had a major influence on financial markets, primarily based on its impact on the global economy and the outlook for corporate earnings. The virus causes a respiratory disease known as COVID-19. On March 11, the World Health Organization declared the COVID-19 outbreak a pandemic, citing sustained risk of further global spread.
In the weeks following, as the crisis worsened, we witnessed an escalating human tragedy with wide-scale social and economic consequences from coronavirus-containment measures. The outbreak of COVID-19 prompted a number of measures to limit the spread, including travel and border restrictions, quarantines, and restrictions on large gatherings. In turn, these resulted in lower consumer activity, diminished demand for a wide range of products and services, disruption in manufacturing and supply chains, and given the wide variability in outcomes regarding the outbreak significant market uncertainty and volatility. Amid the turmoil, the U.S. government took unprecedented action in concert with the U.S. Federal Reserve and central banks around the world to help support consumers, businesses, and the broader economy, and to limit disruption to the financial system.
The situation continues to unfold, and the extent and duration of its impact on financial markets and the economy remain highly uncertain. Extreme events such as the coronavirus crisis are exogenous shocks that can have significant adverse effects on mutual funds and their investments. Although multiple asset classes may be affected by market disruption, the duration and impact may not be the same for all types of assets.
Fidelity is committed to helping you stay informed amid news about COVID-19 and during increased market volatility, and were taking extra steps to be responsive to customer needs. We encourage you to visit our websites, where we offer ongoing updates, commentary, and analysis on the markets and our funds.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Apple, Inc. | 7.3 |
Microsoft Corp. | 5.9 |
Amazon.com, Inc. | 5.0 |
Facebook, Inc. Class A | 2.4 |
Alphabet, Inc. Class A | 1.7 |
Alphabet, Inc. Class C | 1.7 |
Berkshire Hathaway, Inc. Class B | 1.5 |
Johnson & Johnson | 1.4 |
Visa, Inc. Class A | 1.2 |
Procter & Gamble Co. | 1.2 |
29.3 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Information Technology | 28.7 |
Health Care | 13.9 |
Consumer Discretionary | 11.4 |
Communication Services | 11.1 |
Financials | 9.6 |
Industrials | 8.0 |
Consumer Staples | 6.9 |
Utilities | 2.8 |
Real Estate | 2.6 |
Materials | 2.5 |
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.8% | |||
Shares | Value (000s) | ||
COMMUNICATION SERVICES - 11.1% | |||
Diversified Telecommunication Services - 1.6% | |||
AT&T, Inc. | 63,566,075 | $1,894,905 | |
CenturyLink, Inc. (a) | 8,812,277 | 94,732 | |
Verizon Communications, Inc. | 36,917,358 | 2,188,092 | |
4,177,729 | |||
Entertainment - 2.1% | |||
Activision Blizzard, Inc. | 6,873,933 | 574,111 | |
Electronic Arts, Inc. (b) | 2,575,555 | 359,213 | |
Live Nation Entertainment, Inc. (a)(b) | 1,267,499 | 71,994 | |
Netflix, Inc. (a)(b) | 3,923,736 | 2,077,854 | |
Take-Two Interactive Software, Inc. (b) | 1,016,549 | 174,023 | |
The Walt Disney Co. | 16,114,711 | 2,125,047 | |
5,382,242 | |||
Interactive Media& Services - 5.9% | |||
Alphabet, Inc.: | |||
Class A (b) | 2,676,906 | 4,362,099 | |
Class C (b) | 2,609,213 | 4,263,924 | |
Facebook, Inc. Class A (b) | 21,452,342 | 6,289,827 | |
Twitter, Inc. (b) | 7,000,113 | 284,065 | |
15,199,915 | |||
Media - 1.3% | |||
Charter Communications, Inc. Class A (a)(b) | 1,344,606 | 827,753 | |
Comcast Corp. Class A | 40,635,123 | 1,820,860 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 1,428,047 | 31,510 | |
Class C (non-vtg.) (b) | 2,821,880 | 56,353 | |
DISH Network Corp. Class A (b) | 2,294,174 | 81,489 | |
Fox Corp.: | |||
Class A | 3,056,740 | 85,161 | |
Class B | 1,420,982 | 39,503 | |
Interpublic Group of Companies, Inc. (a) | 3,475,960 | 61,733 | |
News Corp.: | |||
Class A | 3,468,816 | 52,448 | |
Class B | 1,086,812 | 16,378 | |
Omnicom Group, Inc. | 1,911,735 | 103,406 | |
ViacomCBS, Inc. Class B (a) | 4,822,831 | 134,316 | |
3,310,910 | |||
Wireless Telecommunication Services - 0.2% | |||
T-Mobile U.S., Inc. | 5,194,446 | 606,088 | |
TOTAL COMMUNICATION SERVICES | 28,676,884 | ||
CONSUMER DISCRETIONARY - 11.4% | |||
Auto Components - 0.1% | |||
Aptiv PLC | 2,391,413 | 205,948 | |
BorgWarner, Inc. (a) | 1,849,527 | 75,072 | |
281,020 | |||
Automobiles - 0.2% | |||
Ford Motor Co. | 34,849,279 | 237,672 | |
General Motors Co. | 11,235,335 | 332,903 | |
570,575 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 1,287,023 | 121,546 | |
LKQ Corp. (b) | 2,711,866 | 86,075 | |
207,621 | |||
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 1,717,199 | 24,899 | |
Hotels, Restaurants & Leisure - 1.6% | |||
Carnival Corp. (a) | 4,226,651 | 69,655 | |
Chipotle Mexican Grill, Inc. (b) | 228,925 | 299,956 | |
Darden Restaurants, Inc. | 1,158,722 | 100,426 | |
Domino's Pizza, Inc. | 348,993 | 142,724 | |
Hilton Worldwide Holdings, Inc. | 2,473,600 | 223,514 | |
Las Vegas Sands Corp. | 2,998,010 | 152,029 | |
Marriott International, Inc. Class A | 2,401,081 | 247,095 | |
McDonald's Corp. | 6,633,675 | 1,416,422 | |
MGM Mirage, Inc. (a) | 4,400,272 | 99,006 | |
Norwegian Cruise Line Holdings Ltd. (a)(b) | 2,435,708 | 41,675 | |
Royal Caribbean Cruises Ltd. (a) | 1,531,793 | 105,449 | |
Starbucks Corp. | 10,421,267 | 880,284 | |
Wynn Resorts Ltd. | 866,115 | 75,742 | |
Yum! Brands, Inc. | 2,685,263 | 257,382 | |
4,111,359 | |||
Household Durables - 0.4% | |||
D.R. Horton, Inc. (a) | 2,951,427 | 210,643 | |
Garmin Ltd. | 1,295,175 | 134,193 | |
Leggett & Platt, Inc. (a) | 1,180,321 | 48,393 | |
Lennar Corp. Class A | 2,450,021 | 183,311 | |
Mohawk Industries, Inc. (b) | 530,730 | 49,002 | |
Newell Brands, Inc. (a) | 3,405,266 | 54,416 | |
NVR, Inc. (b) | 30,870 | 128,677 | |
PulteGroup, Inc. | 2,248,767 | 100,273 | |
Whirlpool Corp. (a) | 554,590 | 98,562 | |
1,007,470 | |||
Internet & Direct Marketing Retail - 5.4% | |||
Amazon.com, Inc. (b) | 3,737,880 | 12,899,274 | |
eBay, Inc. | 5,892,851 | 322,810 | |
Expedia, Inc. | 1,208,505 | 118,615 | |
The Booking Holdings, Inc. (b) | 365,168 | 697,635 | |
14,038,334 | |||
Leisure Products - 0.1% | |||
Hasbro, Inc. (a) | 1,136,786 | 89,738 | |
Multiline Retail - 0.5% | |||
Dollar General Corp. | 2,245,752 | 453,372 | |
Dollar Tree, Inc. (b) | 2,116,478 | 203,753 | |
Kohl's Corp. (a) | 1,407,259 | 30,059 | |
Target Corp. | 4,460,911 | 674,534 | |
1,361,718 | |||
Specialty Retail - 2.4% | |||
Advance Auto Parts, Inc. | 616,488 | 96,363 | |
AutoZone, Inc. (b) | 208,301 | 249,193 | |
Best Buy Co., Inc. | 2,027,976 | 224,923 | |
CarMax, Inc. (a)(b) | 1,451,938 | 155,256 | |
Gap, Inc. | 1,899,206 | 33,027 | |
L Brands, Inc. | 2,082,079 | 61,213 | |
Lowe's Companies, Inc. | 6,735,800 | 1,109,319 | |
O'Reilly Automotive, Inc. (b) | 662,211 | 308,345 | |
Ross Stores, Inc. | 3,170,605 | 288,779 | |
The Home Depot, Inc. | 9,595,338 | 2,735,055 | |
Tiffany & Co., Inc. | 974,343 | 119,357 | |
TJX Companies, Inc. | 10,686,924 | 585,537 | |
Tractor Supply Co. | 1,031,599 | 153,533 | |
Ulta Beauty, Inc. (b) | 502,391 | 116,645 | |
6,236,545 | |||
Textiles, Apparel & Luxury Goods - 0.6% | |||
Hanesbrands, Inc. (a) | 3,105,011 | 47,476 | |
NIKE, Inc. Class B | 11,062,880 | 1,237,826 | |
PVH Corp. | 632,868 | 35,289 | |
Ralph Lauren Corp. (a) | 426,245 | 29,338 | |
Tapestry, Inc. (a) | 2,463,221 | 36,283 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a)(b) | 1,681,622 | 16,497 | |
Class C (non-vtg.) (a)(b) | 1,752,845 | 15,513 | |
VF Corp. | 2,844,722 | 187,040 | |
1,605,262 | |||
TOTAL CONSUMER DISCRETIONARY | 29,534,541 | ||
CONSUMER STAPLES - 6.9% | |||
Beverages - 1.6% | |||
Brown-Forman Corp. Class B (non-vtg.) (a) | 1,627,014 | 119,049 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 1,498,411 | 276,427 | |
Molson Coors Beverage Co. Class B | 1,677,744 | 63,150 | |
Monster Beverage Corp. (b) | 3,335,309 | 279,699 | |
PepsiCo, Inc. | 12,378,666 | 1,733,756 | |
The Coca-Cola Co. | 34,485,393 | 1,708,062 | |
4,180,143 | |||
Food & Staples Retailing - 1.5% | |||
Costco Wholesale Corp. | 3,939,080 | 1,369,461 | |
Kroger Co. | 7,014,020 | 250,260 | |
Sysco Corp. | 4,528,742 | 272,359 | |
Walgreens Boots Alliance, Inc. | 6,573,981 | 249,943 | |
Walmart, Inc. | 12,632,712 | 1,754,052 | |
3,896,075 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 4,955,888 | 221,826 | |
Campbell Soup Co. | 1,509,632 | 79,422 | |
Conagra Brands, Inc. | 4,345,475 | 166,692 | |
General Mills, Inc. | 5,407,704 | 345,823 | |
Hormel Foods Corp. (a) | 2,500,310 | 127,466 | |
Kellogg Co. | 2,231,718 | 158,251 | |
Lamb Weston Holdings, Inc. (a) | 1,302,894 | 81,887 | |
McCormick & Co., Inc. (non-vtg.) | 1,103,070 | 227,453 | |
Mondelez International, Inc. | 12,735,200 | 743,990 | |
The Hershey Co. | 1,315,001 | 195,462 | |
The J.M. Smucker Co. | 1,017,396 | 122,271 | |
The Kraft Heinz Co. | 5,559,330 | 194,799 | |
Tyson Foods, Inc. Class A | 2,625,703 | 164,894 | |
2,830,236 | |||
Household Products - 1.8% | |||
Church & Dwight Co., Inc. | 2,193,747 | 210,227 | |
Clorox Co. (a) | 1,116,086 | 249,445 | |
Colgate-Palmolive Co. | 7,641,563 | 605,670 | |
Kimberly-Clark Corp. | 3,038,210 | 479,308 | |
Procter & Gamble Co. | 22,086,583 | 3,055,237 | |
4,599,887 | |||
Personal Products - 0.2% | |||
Coty, Inc. Class A (a) | 2,655,184 | 9,506 | |
Estee Lauder Companies, Inc. Class A | 2,005,235 | 444,601 | |
454,107 | |||
Tobacco - 0.7% | |||
Altria Group, Inc. | 16,579,532 | 725,189 | |
Philip Morris International, Inc. | 13,892,020 | 1,108,444 | |
1,833,633 | |||
TOTAL CONSUMER STAPLES | 17,794,081 | ||
ENERGY - 2.3% | |||
Energy Equipment & Services - 0.2% | |||
Baker Hughes Co. Class A (a) | 5,843,927 | 83,451 | |
Halliburton Co. (a) | 7,826,684 | 126,636 | |
National Oilwell Varco, Inc. | 3,463,552 | 41,563 | |
Schlumberger Ltd. | 12,381,456 | 235,371 | |
TechnipFMC PLC | 3,752,406 | 28,894 | |
515,915 | |||
Oil, Gas & Consumable Fuels - 2.1% | |||
Apache Corp. | 3,367,225 | 49,835 | |
Cabot Oil & Gas Corp. | 3,555,916 | 67,456 | |
Chevron Corp. | 16,656,356 | 1,397,968 | |
Concho Resources, Inc. | 1,754,886 | 91,219 | |
ConocoPhillips Co. | 9,567,701 | 362,520 | |
Devon Energy Corp. | 3,414,278 | 37,113 | |
Diamondback Energy, Inc. | 1,407,963 | 54,854 | |
EOG Resources, Inc. | 5,192,757 | 235,440 | |
Exxon Mobil Corp. | 37,722,214 | 1,506,625 | |
Hess Corp. | 2,329,171 | 107,235 | |
HollyFrontier Corp. | 1,328,733 | 31,717 | |
Kinder Morgan, Inc. | 17,351,349 | 239,796 | |
Marathon Oil Corp. | 7,050,810 | 37,228 | |
Marathon Petroleum Corp. | 5,801,339 | 205,715 | |
Noble Energy, Inc. | 4,279,658 | 42,583 | |
Occidental Petroleum Corp. | 8,029,560 | 102,297 | |
ONEOK, Inc. | 3,924,655 | 107,850 | |
Phillips 66 Co. | 3,895,821 | 227,789 | |
Pioneer Natural Resources Co. | 1,470,834 | 152,864 | |
The Williams Companies, Inc. | 10,823,605 | 224,698 | |
Valero Energy Corp. (a) | 3,637,309 | 191,286 | |
5,474,088 | |||
TOTAL ENERGY | 5,990,003 | ||
FINANCIALS - 9.6% | |||
Banks - 3.3% | |||
Bank of America Corp. | 69,659,943 | 1,793,047 | |
Citigroup, Inc. | 18,572,962 | 949,450 | |
Citizens Financial Group, Inc. | 3,806,101 | 98,464 | |
Comerica, Inc. | 1,240,408 | 49,033 | |
Fifth Third Bancorp | 6,351,359 | 131,219 | |
First Republic Bank (a) | 1,529,770 | 172,726 | |
Huntington Bancshares, Inc. | 9,048,396 | 85,145 | |
JPMorgan Chase & Co. | 27,184,186 | 2,723,584 | |
KeyCorp (a) | 8,702,129 | 107,210 | |
M&T Bank Corp. | 1,144,394 | 118,170 | |
Peoples United Financial, Inc. | 3,788,607 | 40,083 | |
PNC Financial Services Group, Inc. | 3,785,062 | 420,899 | |
Regions Financial Corp. | 8,537,920 | 98,698 | |
SVB Financial Group (b) | 459,576 | 117,367 | |
Truist Financial Corp. | 12,021,513 | 466,555 | |
U.S. Bancorp | 12,228,988 | 445,135 | |
Wells Fargo & Co. | 33,286,303 | 803,864 | |
Zions Bancorp NA | 1,461,903 | 47,015 | |
8,667,664 | |||
Capital Markets - 2.6% | |||
Ameriprise Financial, Inc. | 1,091,436 | 171,137 | |
Bank of New York Mellon Corp. | 7,188,571 | 265,833 | |
BlackRock, Inc. Class A | 1,376,257 | 817,758 | |
Cboe Global Markets, Inc. | 978,872 | 89,851 | |
Charles Schwab Corp. (a) | 10,222,297 | 363,198 | |
CME Group, Inc. | 3,199,136 | 562,632 | |
E*TRADE Financial Corp. | 1,972,073 | 106,689 | |
Franklin Resources, Inc. (a) | 2,474,583 | 52,115 | |
Goldman Sachs Group, Inc. | 2,761,206 | 565,688 | |
Intercontinental Exchange, Inc. | 4,882,072 | 518,623 | |
Invesco Ltd. | 3,357,131 | 34,243 | |
MarketAxess Holdings, Inc. | 338,216 | 164,353 | |
Moody's Corp. | 1,438,601 | 423,869 | |
Morgan Stanley | 10,683,550 | 558,322 | |
MSCI, Inc. | 758,466 | 283,113 | |
Northern Trust Corp. | 1,856,146 | 152,000 | |
Raymond James Financial, Inc. | 1,088,051 | 82,387 | |
S&P Global, Inc. | 2,149,203 | 787,511 | |
State Street Corp. | 3,139,995 | 213,802 | |
T. Rowe Price Group, Inc. | 2,030,091 | 282,609 | |
The NASDAQ OMX Group, Inc. | 1,024,638 | 137,732 | |
6,633,465 | |||
Consumer Finance - 0.4% | |||
American Express Co. | 5,888,914 | 598,255 | |
Capital One Financial Corp. | 4,062,074 | 280,405 | |
Discover Financial Services (a) | 2,732,680 | 145,051 | |
Synchrony Financial | 4,790,974 | 118,864 | |
1,142,575 | |||
Diversified Financial Services - 1.5% | |||
Berkshire Hathaway, Inc. Class B (b) | 17,343,753 | 3,781,632 | |
Insurance - 1.8% | |||
AFLAC, Inc. | 6,401,288 | 232,495 | |
Allstate Corp. | 2,802,404 | 260,624 | |
American International Group, Inc. | 7,684,048 | 223,913 | |
Aon PLC | 2,061,655 | 412,310 | |
Arthur J. Gallagher & Co. | 1,691,714 | 178,137 | |
Assurant, Inc. | 532,188 | 64,693 | |
Chubb Ltd. | 4,026,806 | 503,351 | |
Cincinnati Financial Corp. (a) | 1,346,162 | 106,899 | |
Everest Re Group Ltd. | 356,746 | 78,513 | |
Globe Life, Inc. | 873,625 | 72,057 | |
Hartford Financial Services Group, Inc. | 3,194,584 | 129,221 | |
Lincoln National Corp. | 1,723,858 | 62,145 | |
Loews Corp. | 2,159,281 | 77,432 | |
Marsh & McLennan Companies, Inc. | 4,551,983 | 523,068 | |
MetLife, Inc. | 6,882,542 | 264,703 | |
Principal Financial Group, Inc. | 2,272,294 | 95,686 | |
Progressive Corp. | 5,221,768 | 496,277 | |
Prudential Financial, Inc. | 3,524,016 | 238,823 | |
The Travelers Companies, Inc. | 2,255,690 | 261,750 | |
Unum Group | 1,814,821 | 33,538 | |
W.R. Berkley Corp. | 1,259,652 | 78,161 | |
Willis Towers Watson PLC | 1,148,525 | 236,056 | |
4,629,852 | |||
TOTAL FINANCIALS | 24,855,188 | ||
HEALTH CARE - 13.9% | |||
Biotechnology - 2.1% | |||
AbbVie, Inc. | 15,722,831 | 1,505,776 | |
Alexion Pharmaceuticals, Inc. (b) | 1,970,120 | 225,027 | |
Amgen, Inc. | 5,248,078 | 1,329,443 | |
Biogen, Inc. (a)(b) | 1,455,882 | 418,770 | |
Gilead Sciences, Inc. | 11,187,630 | 746,774 | |
Incyte Corp. (b) | 1,609,623 | 155,087 | |
Regeneron Pharmaceuticals, Inc. (a)(b) | 899,890 | 557,869 | |
Vertex Pharmaceuticals, Inc. (b) | 2,313,154 | 645,648 | |
5,584,394 | |||
Health Care Equipment & Supplies - 3.8% | |||
Abbott Laboratories | 15,780,848 | 1,727,529 | |
Abiomed, Inc. (b) | 401,086 | 123,382 | |
Align Technology, Inc. (b) | 639,447 | 189,903 | |
Baxter International, Inc. | 4,539,609 | 395,264 | |
Becton, Dickinson & Co. | 2,630,761 | 638,670 | |
Boston Scientific Corp. (a)(b) | 12,746,165 | 522,848 | |
Danaher Corp. | 5,613,869 | 1,159,096 | |
Dentsply Sirona, Inc. | 1,954,533 | 87,700 | |
DexCom, Inc. (b) | 823,460 | 350,308 | |
Edwards Lifesciences Corp. (b) | 5,528,367 | 474,555 | |
Hologic, Inc. (b) | 2,303,598 | 137,571 | |
IDEXX Laboratories, Inc. (b) | 757,734 | 296,319 | |
Intuitive Surgical, Inc. (b) | 1,040,414 | 760,376 | |
Medtronic PLC | 11,964,474 | 1,285,822 | |
ResMed, Inc. | 1,290,664 | 233,326 | |
STERIS PLC | 757,895 | 120,990 | |
Stryker Corp. | 2,875,882 | 569,885 | |
Teleflex, Inc. | 414,183 | 162,753 | |
The Cooper Companies, Inc. | 438,343 | 137,806 | |
Varian Medical Systems, Inc. (b) | 810,211 | 140,709 | |
West Pharmaceutical Services, Inc. | 656,644 | 186,461 | |
Zimmer Biomet Holdings, Inc. | 1,844,996 | 259,923 | |
9,961,196 | |||
Health Care Providers & Services - 2.6% | |||
AmerisourceBergen Corp. | 1,324,709 | 128,537 | |
Anthem, Inc. | 2,249,267 | 633,214 | |
Cardinal Health, Inc. | 2,604,968 | 132,228 | |
Centene Corp. (b) | 5,166,732 | 316,824 | |
Cigna Corp. | 3,291,884 | 583,881 | |
CVS Health Corp. | 11,661,284 | 724,399 | |
DaVita HealthCare Partners, Inc. (b) | 760,683 | 65,997 | |
HCA Holdings, Inc. | 2,349,428 | 318,864 | |
Henry Schein, Inc. (b) | 1,273,605 | 84,618 | |
Humana, Inc. | 1,179,483 | 489,686 | |
Laboratory Corp. of America Holdings (b) | 867,175 | 152,406 | |
McKesson Corp. | 1,443,981 | 221,564 | |
Quest Diagnostics, Inc. | 1,193,097 | 132,720 | |
UnitedHealth Group, Inc. | 8,461,024 | 2,644,493 | |
Universal Health Services, Inc. Class B | 692,928 | 76,465 | |
6,705,896 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. | 2,715,265 | 199,219 | |
Life Sciences Tools & Services - 1.2% | |||
Agilent Technologies, Inc. | 2,754,771 | 276,634 | |
Bio-Rad Laboratories, Inc. Class A (b) | 190,683 | 96,979 | |
Illumina, Inc. (b) | 1,311,469 | 468,483 | |
IQVIA Holdings, Inc. (b) | 1,584,437 | 259,452 | |
Mettler-Toledo International, Inc. (a)(b) | 213,297 | 207,064 | |
PerkinElmer, Inc. | 993,736 | 116,983 | |
Thermo Fisher Scientific, Inc. | 3,523,577 | 1,511,544 | |
Waters Corp. (a)(b) | 552,324 | 119,446 | |
3,056,585 | |||
Pharmaceuticals - 4.1% | |||
Bristol-Myers Squibb Co. | 20,186,713 | 1,255,614 | |
Eli Lilly & Co. | 7,513,675 | 1,114,954 | |
Johnson & Johnson | 23,504,684 | 3,605,854 | |
Merck & Co., Inc. | 22,518,906 | 1,920,187 | |
Mylan NV (b) | 4,611,968 | 75,544 | |
Perrigo Co. PLC | 1,216,123 | 63,603 | |
Pfizer, Inc. | 49,557,757 | 1,872,788 | |
Zoetis, Inc. Class A | 4,237,212 | 678,378 | |
10,586,922 | |||
TOTAL HEALTH CARE | 36,094,212 | ||
INDUSTRIALS - 8.0% | |||
Aerospace & Defense - 1.6% | |||
General Dynamics Corp. | 2,073,018 | 309,605 | |
Harris Corp. | 1,925,896 | 348,086 | |
Howmet Aerospace, Inc. | 3,423,829 | 59,985 | |
Huntington Ingalls Industries, Inc. | 361,091 | 54,713 | |
Lockheed Martin Corp. | 2,201,686 | 859,230 | |
Northrop Grumman Corp. (a) | 1,383,143 | 473,879 | |
Raytheon Technologies Corp. | 13,121,652 | 800,421 | |
Teledyne Technologies, Inc. (b) | 327,100 | 102,582 | |
Textron, Inc. (a) | 2,030,946 | 80,080 | |
The Boeing Co. | 4,782,924 | 821,802 | |
TransDigm Group, Inc. | 448,638 | 224,171 | |
4,134,554 | |||
Air Freight & Logistics - 0.7% | |||
C.H. Robinson Worldwide, Inc. (a) | 1,200,930 | 118,051 | |
Expeditors International of Washington, Inc. | 1,484,778 | 131,240 | |
FedEx Corp. | 2,144,296 | 471,402 | |
United Parcel Service, Inc. Class B | 6,281,819 | 1,027,831 | |
1,748,524 | |||
Airlines - 0.2% | |||
Alaska Air Group, Inc. | 1,093,648 | 42,598 | |
American Airlines Group, Inc. (a) | 4,433,966 | 57,863 | |
Delta Air Lines, Inc. (a) | 5,064,455 | 156,238 | |
Southwest Airlines Co. | 4,784,998 | 179,820 | |
United Airlines Holdings, Inc. (a)(b) | 2,254,260 | 81,153 | |
517,672 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 1,205,266 | 59,022 | |
Allegion PLC (a) | 822,745 | 85,064 | |
Carrier Global Corp. | 7,263,837 | 216,826 | |
Fortune Brands Home & Security, Inc. | 1,246,394 | 104,797 | |
Johnson Controls International PLC | 6,636,410 | 270,301 | |
Masco Corp. | 2,353,104 | 137,186 | |
Trane Technologies PLC | 2,134,108 | 252,657 | |
1,125,853 | |||
Commercial Services & Supplies - 0.4% | |||
Cintas Corp. (a) | 751,913 | 250,567 | |
Copart, Inc. (b) | 1,843,235 | 190,443 | |
Republic Services, Inc. | 1,874,292 | 173,784 | |
Rollins, Inc. | 1,257,402 | 69,333 | |
Waste Management, Inc. | 3,463,913 | 394,886 | |
1,079,013 | |||
Construction & Engineering - 0.1% | |||
Jacobs Engineering Group, Inc. | 1,160,721 | 104,778 | |
Quanta Services, Inc. | 1,228,025 | 62,936 | |
167,714 | |||
Electrical Equipment - 0.5% | |||
AMETEK, Inc. | 2,046,889 | 206,122 | |
Eaton Corp. PLC | 3,568,622 | 364,356 | |
Emerson Electric Co. (a) | 5,330,407 | 370,303 | |
Rockwell Automation, Inc. (a) | 1,033,330 | 238,214 | |
1,178,995 | |||
Industrial Conglomerates - 1.1% | |||
3M Co. | 5,131,643 | 836,560 | |
General Electric Co. | 78,037,656 | 494,759 | |
Honeywell International, Inc. | 6,261,574 | 1,036,604 | |
Roper Technologies, Inc. | 931,384 | 397,878 | |
2,765,801 | |||
Machinery - 1.5% | |||
Caterpillar, Inc. | 4,828,693 | 687,171 | |
Cummins, Inc. | 1,316,162 | 272,775 | |
Deere & Co. | 2,791,189 | 586,317 | |
Dover Corp. | 1,284,231 | 141,060 | |
Flowserve Corp. | 1,160,926 | 34,456 | |
Fortive Corp. | 2,644,645 | 190,705 | |
IDEX Corp. | 672,614 | 121,225 | |
Illinois Tool Works, Inc. | 2,564,930 | 506,702 | |
Ingersoll Rand, Inc. (b) | 3,084,824 | 108,154 | |
Otis Worldwide Corp. | 3,631,914 | 228,447 | |
PACCAR, Inc. | 3,084,422 | 264,767 | |
Parker Hannifin Corp. | 1,145,198 | 235,922 | |
Pentair PLC | 1,478,525 | 66,741 | |
Snap-On, Inc. (a) | 484,922 | 71,899 | |
Stanley Black & Decker, Inc. | 1,375,053 | 221,796 | |
Westinghouse Air Brake Co. | 1,612,789 | 107,331 | |
Xylem, Inc. | 1,605,121 | 128,699 | |
3,974,167 | |||
Professional Services - 0.3% | |||
Equifax, Inc. | 1,082,943 | 182,227 | |
IHS Markit Ltd. | 3,558,951 | 284,431 | |
Nielsen Holdings PLC | 3,180,319 | 48,595 | |
Robert Half International, Inc. | 1,022,428 | 54,393 | |
Verisk Analytics, Inc. | 1,447,602 | 270,224 | |
839,870 | |||
Road & Rail - 1.0% | |||
CSX Corp. | 6,829,149 | 522,157 | |
J.B. Hunt Transport Services, Inc. | 752,701 | 105,785 | |
Kansas City Southern | 847,726 | 154,320 | |
Norfolk Southern Corp. | 2,285,516 | 485,741 | |
Old Dominion Freight Lines, Inc. | 841,823 | 170,200 | |
Union Pacific Corp. | 6,053,881 | 1,165,009 | |
2,603,212 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. (a) | 5,110,436 | 249,696 | |
United Rentals, Inc. (a)(b) | 642,789 | 113,806 | |
W.W. Grainger, Inc. | 386,384 | 141,196 | |
504,698 | |||
TOTAL INDUSTRIALS | 20,640,073 | ||
INFORMATION TECHNOLOGY - 28.7% | |||
Communications Equipment - 0.8% | |||
Arista Networks, Inc. (b) | 479,538 | 107,153 | |
Cisco Systems, Inc. | 37,835,244 | 1,597,404 | |
F5 Networks, Inc. (b) | 543,296 | 71,894 | |
Juniper Networks, Inc. | 2,956,174 | 73,904 | |
Motorola Solutions, Inc. | 1,517,263 | 234,796 | |
2,085,151 | |||
Electronic Equipment & Components - 0.5% | |||
Amphenol Corp. Class A | 2,639,836 | 289,854 | |
CDW Corp. | 1,269,697 | 144,301 | |
Corning, Inc. | 6,771,462 | 219,802 | |
FLIR Systems, Inc. | 1,167,314 | 43,074 | |
IPG Photonics Corp. (b) | 316,972 | 51,264 | |
Keysight Technologies, Inc. (b) | 1,668,661 | 164,396 | |
TE Connectivity Ltd. (a) | 2,942,759 | 284,271 | |
Zebra Technologies Corp. Class A (b) | 473,663 | 135,719 | |
1,332,681 | |||
IT Services - 5.6% | |||
Accenture PLC Class A | 5,683,271 | 1,363,587 | |
Akamai Technologies, Inc. (a)(b) | 1,447,736 | 168,560 | |
Automatic Data Processing, Inc. | 3,834,253 | 533,306 | |
Broadridge Financial Solutions, Inc. | 1,024,346 | 140,745 | |
Cognizant Technology Solutions Corp. Class A | 4,822,815 | 322,453 | |
DXC Technology Co. | 2,263,861 | 45,232 | |
Fidelity National Information Services, Inc. | 5,512,040 | 831,491 | |
Fiserv, Inc. (b) | 5,017,184 | 499,611 | |
FleetCor Technologies, Inc. (b) | 747,644 | 187,995 | |
Gartner, Inc. (a)(b) | 795,579 | 103,282 | |
Global Payments, Inc. | 2,668,491 | 471,309 | |
IBM Corp. | 7,921,377 | 976,785 | |
Jack Henry & Associates, Inc. | 683,525 | 113,069 | |
Leidos Holdings, Inc. | 1,191,218 | 107,793 | |
MasterCard, Inc. Class A | 7,884,928 | 2,824,302 | |
Paychex, Inc. (a) | 2,848,263 | 217,807 | |
PayPal Holdings, Inc. (b) | 10,475,342 | 2,138,436 | |
The Western Union Co. | 3,665,910 | 86,479 | |
VeriSign, Inc. (b) | 907,093 | 194,844 | |
Visa, Inc. Class A (a) | 15,051,663 | 3,190,802 | |
14,517,888 | |||
Semiconductors & Semiconductor Equipment - 4.8% | |||
Advanced Micro Devices, Inc. (b) | 10,448,836 | 948,963 | |
Analog Devices, Inc. | 3,286,924 | 384,176 | |
Applied Materials, Inc. | 8,176,418 | 503,667 | |
Broadcom, Inc. | 3,566,757 | 1,238,200 | |
Intel Corp. | 37,773,864 | 1,924,578 | |
KLA-Tencor Corp. | 1,383,278 | 283,766 | |
Lam Research Corp. | 1,295,071 | 435,584 | |
Maxim Integrated Products, Inc. | 2,378,709 | 162,799 | |
Microchip Technology, Inc. (a) | 2,188,743 | 240,105 | |
Micron Technology, Inc. (b) | 9,922,428 | 451,570 | |
NVIDIA Corp. | 5,487,961 | 2,935,949 | |
Qorvo, Inc. (b) | 1,023,605 | 131,298 | |
Qualcomm, Inc. | 10,036,107 | 1,195,300 | |
Skyworks Solutions, Inc. | 1,488,436 | 215,600 | |
Texas Instruments, Inc. | 8,187,962 | 1,163,919 | |
Xilinx, Inc. | 2,169,374 | 225,962 | |
12,441,436 | |||
Software - 9.4% | |||
Adobe, Inc. (b) | 4,298,414 | 2,206,763 | |
ANSYS, Inc. (a)(b) | 766,487 | 259,847 | |
Autodesk, Inc. (b) | 1,955,578 | 480,486 | |
Cadence Design Systems, Inc. (b) | 2,490,783 | 276,253 | |
Citrix Systems, Inc. (a) | 1,035,292 | 150,324 | |
Fortinet, Inc. (b) | 1,196,993 | 158,009 | |
Intuit, Inc. (a) | 2,326,483 | 803,544 | |
Microsoft Corp. | 67,656,075 | 15,258,475 | |
Nortonlifelock, Inc. | 4,834,649 | 113,711 | |
Oracle Corp. | 18,569,016 | 1,062,519 | |
Paycom Software, Inc. (b) | 430,409 | 128,890 | |
Salesforce.com, Inc. (b) | 8,038,321 | 2,191,648 | |
ServiceNow, Inc. (a)(b) | 1,701,376 | 820,097 | |
Synopsys, Inc. (b) | 1,345,273 | 297,709 | |
Tyler Technologies, Inc. (a)(b) | 354,739 | 122,495 | |
24,330,770 | |||
Technology Hardware, Storage & Peripherals - 7.6% | |||
Apple, Inc. | 145,395,468 | 18,761,832 | |
Hewlett Packard Enterprise Co. | 11,462,022 | 110,838 | |
HP, Inc. | 12,757,443 | 249,408 | |
NetApp, Inc. (a) | 1,973,242 | 93,512 | |
Seagate Technology LLC (a) | 2,014,754 | 96,688 | |
Western Digital Corp. | 2,673,799 | 102,727 | |
Xerox Holdings Corp. | 1,633,750 | 30,813 | |
19,445,818 | |||
TOTAL INFORMATION TECHNOLOGY | 74,153,744 | ||
MATERIALS - 2.5% | |||
Chemicals - 1.8% | |||
Air Products & Chemicals, Inc. | 1,970,370 | 575,860 | |
Albemarle Corp. U.S. (a) | 948,530 | 86,326 | |
Celanese Corp. Class A | 1,054,786 | 106,692 | |
CF Industries Holdings, Inc. | 1,907,401 | 62,238 | |
Corteva, Inc. | 6,676,616 | 190,617 | |
Dow, Inc. | 6,608,474 | 298,174 | |
DuPont de Nemours, Inc. | 6,546,611 | 365,039 | |
Eastman Chemical Co. (a) | 1,212,385 | 88,637 | |
Ecolab, Inc. | 2,206,247 | 434,807 | |
FMC Corp. | 1,154,868 | 123,409 | |
International Flavors & Fragrances, Inc. (a) | 953,277 | 118,006 | |
Linde PLC | 4,685,467 | 1,170,149 | |
LyondellBasell Industries NV Class A | 2,292,426 | 150,108 | |
PPG Industries, Inc. | 2,104,801 | 253,418 | |
Sherwin-Williams Co. (a) | 720,969 | 483,806 | |
The Mosaic Co. | 3,110,930 | 56,712 | |
4,563,998 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 555,286 | 112,651 | |
Vulcan Materials Co. | 1,181,517 | 141,782 | |
254,433 | |||
Containers & Packaging - 0.3% | |||
Amcor PLC | 14,046,425 | 155,353 | |
Avery Dennison Corp. | 743,130 | 85,750 | |
Ball Corp. | 2,908,445 | 233,752 | |
International Paper Co. (a) | 3,506,534 | 127,182 | |
Packaging Corp. of America | 846,147 | 85,664 | |
Sealed Air Corp. | 1,388,711 | 54,576 | |
WestRock Co. | 2,312,956 | 70,152 | |
812,429 | |||
Metals & Mining - 0.3% | |||
Freeport-McMoRan, Inc. | 12,953,841 | 202,209 | |
Newmont Corp. | 7,160,306 | 481,745 | |
Nucor Corp. | 2,686,591 | 122,132 | |
806,086 | |||
TOTAL MATERIALS | 6,436,946 | ||
REAL ESTATE - 2.6% | |||
Equity Real Estate Investment Trusts (REITs) - 2.5% | |||
Alexandria Real Estate Equities, Inc. | 1,125,856 | 189,572 | |
American Tower Corp. | 3,954,979 | 985,383 | |
Apartment Investment & Management Co. Class A | 1,328,098 | 47,851 | |
AvalonBay Communities, Inc. | 1,255,540 | 198,451 | |
Boston Properties, Inc. | 1,289,103 | 111,984 | |
Crown Castle International Corp. | 3,718,067 | 606,974 | |
Digital Realty Trust, Inc. | 2,393,769 | 372,590 | |
Duke Realty Corp. | 3,286,539 | 126,696 | |
Equinix, Inc. | 789,691 | 623,682 | |
Equity Residential (SBI) | 3,120,746 | 176,166 | |
Essex Property Trust, Inc. | 583,621 | 126,360 | |
Extra Space Storage, Inc. | 1,151,656 | 122,709 | |
Federal Realty Investment Trust (SBI) | 627,530 | 49,725 | |
Healthpeak Properties, Inc. | 4,802,204 | 132,733 | |
Host Hotels & Resorts, Inc. | 6,289,326 | 70,629 | |
Iron Mountain, Inc. (a) | 2,568,363 | 77,282 | |
Kimco Realty Corp. | 3,858,795 | 46,267 | |
Mid-America Apartment Communities, Inc. | 1,020,188 | 119,484 | |
Prologis (REIT), Inc. | 6,589,299 | 671,186 | |
Public Storage | 1,341,106 | 284,851 | |
Realty Income Corp. | 3,063,806 | 190,048 | |
Regency Centers Corp. | 1,513,354 | 60,095 | |
SBA Communications Corp. Class A | 995,869 | 304,806 | |
Simon Property Group, Inc. | 2,727,740 | 185,077 | |
SL Green Realty Corp. | 682,846 | 31,930 | |
UDR, Inc. | 2,630,841 | 91,580 | |
Ventas, Inc. | 3,328,410 | 137,164 | |
Vornado Realty Trust | 1,415,104 | 50,703 | |
Welltower, Inc. | 3,724,563 | 214,237 | |
Weyerhaeuser Co. | 6,657,320 | 201,783 | |
6,607,998 | |||
Real Estate Management & Development - 0.1% | |||
CBRE Group, Inc. (a)(b) | 2,990,209 | 140,630 | |
TOTAL REAL ESTATE | 6,748,628 | ||
UTILITIES - 2.8% | |||
Electric Utilities - 1.8% | |||
Alliant Energy Corp. (a) | 2,225,963 | 120,536 | |
American Electric Power Co., Inc. (a) | 4,421,373 | 348,537 | |
Duke Energy Corp. | 6,556,037 | 526,712 | |
Edison International | 3,371,821 | 176,953 | |
Entergy Corp. | 1,785,755 | 177,040 | |
Evergy, Inc. | 2,022,872 | 107,657 | |
Eversource Energy | 3,001,594 | 257,267 | |
Exelon Corp. | 8,693,238 | 320,867 | |
FirstEnergy Corp. | 4,833,285 | 138,184 | |
NextEra Energy, Inc. | 4,366,655 | 1,219,039 | |
NRG Energy, Inc. | 2,177,635 | 74,932 | |
Pinnacle West Capital Corp. | 1,003,612 | 73,615 | |
PPL Corp. | 6,858,569 | 189,502 | |
Southern Co. | 9,420,775 | 491,576 | |
Xcel Energy, Inc. | 4,684,075 | 325,426 | |
4,547,843 | |||
Gas Utilities - 0.0% | |||
Atmos Energy Corp. | 1,091,213 | 108,925 | |
Independent Power and Renewable Electricity Producers - 0.0% | |||
The AES Corp. (a) | 5,932,010 | 105,293 | |
Multi-Utilities - 0.9% | |||
Ameren Corp. | 2,202,650 | 174,252 | |
CenterPoint Energy, Inc. | 4,859,496 | 97,530 | |
CMS Energy Corp. | 2,553,535 | 154,463 | |
Consolidated Edison, Inc. (a) | 2,980,708 | 212,644 | |
Dominion Energy, Inc. | 7,487,424 | 587,314 | |
DTE Energy Co. | 1,718,398 | 203,922 | |
NiSource, Inc. | 3,415,161 | 75,680 | |
Public Service Enterprise Group, Inc. (a) | 4,510,960 | 235,653 | |
Sempra Energy | 2,609,850 | 322,708 | |
WEC Energy Group, Inc. (a) | 2,814,170 | 264,757 | |
2,328,923 | |||
Water Utilities - 0.1% | |||
American Water Works Co., Inc. | 1,615,006 | 228,265 | |
TOTAL UTILITIES | 7,319,249 | ||
TOTAL COMMON STOCKS | |||
(Cost $137,058,108) | 258,243,549 | ||
Principal Amount (000s) | Value (000s) | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 0.17% 11/5/20 (c) | |||
(Cost $24,992) | 25,000 | 24,996 | |
Shares | Value (000s) | ||
Money Market Funds - 0.9% | |||
Fidelity Cash Central Fund 0.12% (d) | 496,778,479 | $496,878 | |
Fidelity Securities Lending Cash Central Fund 0.11% (d)(e) | 1,877,219,389 | 1,877,407 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $2,374,278) | 2,374,285 | ||
TOTAL INVESTMENT IN SECURITIES - 100.7% | |||
(Cost $139,457,378) | 260,642,830 | ||
NET OTHER ASSETS (LIABILITIES) - (0.7)% | (1,904,396) | ||
NET ASSETS - 100% | $258,738,434 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount (000s) | Value (000s) | Unrealized Appreciation/(Depreciation) (000s) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 3,008 | Sept. 2020 | $526,235 | $51,201 | $51,201 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) 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 $24,996,000.
(d) 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.
(e) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
(Amounts in thousands) | |
Fidelity Cash Central Fund | $1,240 |
Fidelity Securities Lending Cash Central Fund | 4,879 |
Total | $6,119 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
(Amounts in thousands) | ||||
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $28,676,884 | $28,676,884 | $-- | $-- |
Consumer Discretionary | 29,534,541 | 29,534,541 | -- | -- |
Consumer Staples | 17,794,081 | 17,794,081 | -- | -- |
Energy | 5,990,003 | 5,990,003 | -- | -- |
Financials | 24,855,188 | 24,855,188 | -- | -- |
Health Care | 36,094,212 | 36,094,212 | -- | -- |
Industrials | 20,640,073 | 20,640,073 | -- | -- |
Information Technology | 74,153,744 | 74,153,744 | -- | -- |
Materials | 6,436,946 | 6,436,946 | -- | -- |
Real Estate | 6,748,628 | 6,748,628 | -- | -- |
Utilities | 7,319,249 | 7,319,249 | -- | -- |
U.S. Government and Government Agency Obligations | 24,996 | -- | 24,996 | -- |
Money Market Funds | 2,374,285 | 2,374,285 | -- | -- |
Total Investments in Securities: | $260,642,830 | $260,617,834 | $24,996 | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $51,201 | $51,201 | $-- | $-- |
Total Assets | $51,201 | $51,201 | $-- | $-- |
Total Derivative Instruments: | $51,201 | $51,201 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
(Amounts in thousands) | ||
Equity Risk | ||
Futures Contracts(a) | $51,201 | $0 |
Total Equity Risk | 51,201 | 0 |
Total Value of Derivatives | $51,201 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
Amounts in thousands (except per-share amount) | August 31, 2020 (Unaudited) | |
Assets | ||
Investment in securities, at value (including securities loaned of $1,803,327) See accompanying schedule: Unaffiliated issuers (cost $137,083,100) | $258,268,545 | |
Fidelity Central Funds (cost $2,374,278) | 2,374,285 | |
Total Investment in Securities (cost $139,457,378) | $260,642,830 | |
Segregated cash with brokers for derivative instruments | 21,071 | |
Receivable for investments sold | 288,534 | |
Receivable for fund shares sold | 277,298 | |
Dividends receivable | 397,062 | |
Distributions receivable from Fidelity Central Funds | 538 | |
Other receivables | 4,339 | |
Total assets | 261,631,672 | |
Liabilities | ||
Payable for investments purchased | $251,685 | |
Payable for fund shares redeemed | 755,768 | |
Accrued management fee | 3,126 | |
Payable for daily variation margin on futures contracts | 1,079 | |
Other payables and accrued expenses | 4,378 | |
Collateral on securities loaned | 1,877,202 | |
Total liabilities | 2,893,238 | |
Net Assets | $258,738,434 | |
Net Assets consist of: | ||
Paid in capital | $140,546,840 | |
Total accumulated earnings (loss) | 118,191,594 | |
Net Assets | $258,738,434 | |
Net Asset Value, offering price and redemption price per share ($258,738,434 ÷ 2,126,196 shares) | $121.69 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Amounts in thousands | Six months ended August 31, 2020 (Unaudited) | |
Investment Income | ||
Dividends | $2,078,661 | |
Interest | 81 | |
Income from Fidelity Central Funds (including $4,879 from security lending) | 6,119 | |
Total income | 2,084,861 | |
Expenses | ||
Management fee | $16,176 | |
Independent trustees' fees and expenses | 701 | |
Interest | 38 | |
Commitment fees | 148 | |
Total expenses before reductions | 17,063 | |
Expense reductions | (1) | |
Total expenses after reductions | 17,062 | |
Net investment income (loss) | 2,067,799 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (1,786,743) | |
Fidelity Central Funds | 35 | |
Futures contracts | (618,662) | |
Total net realized gain (loss) | (2,405,370) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 41,488,935 | |
Fidelity Central Funds | (10) | |
Futures contracts | 107,078 | |
Total change in net unrealized appreciation (depreciation) | 41,596,003 | |
Net gain (loss) | 39,190,633 | |
Net increase (decrease) in net assets resulting from operations | $41,258,432 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Amounts in thousands | Six months ended August 31, 2020 (Unaudited) | Year ended February 29, 2020 |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $2,067,799 | $4,078,099 |
Net realized gain (loss) | (2,405,370) | 780,701 |
Change in net unrealized appreciation (depreciation) | 41,596,003 | 9,488,867 |
Net increase (decrease) in net assets resulting from operations | 41,258,432 | 14,347,667 |
Distributions to shareholders | (2,187,658) | (4,559,102) |
Share transactions | ||
Proceeds from sales of shares | 42,453,053 | 67,830,497 |
Reinvestment of distributions | 2,082,471 | 4,344,871 |
Cost of shares redeemed | (44,272,225) | (42,152,930) |
Net increase (decrease) in net assets resulting from share transactions | 263,299 | 30,022,438 |
Total increase (decrease) in net assets | 39,334,073 | 39,811,003 |
Net Assets | ||
Beginning of period | 219,404,361 | 179,593,358 |
End of period | $258,738,434 | $219,404,361 |
Other Information | ||
Shares | ||
Sold | 420,854 | 645,007 |
Issued in reinvestment of distributions | 20,398 | 41,509 |
Redeemed | (450,203) | (400,973) |
Net increase (decrease) | (8,951) | 285,543 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity 500 Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2020 | 2020 A | 2019 | 2018 | 2017 | 2016 A | |
Selected PerShare Data | ||||||
Net asset value, beginning of period | $102.76 | $97.10 | $95.15 | $83.00 | $68.15 | $74.73 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .97 | 2.05 | 1.86 | 1.74 | 1.61 | 1.50 |
Net realized and unrealized gain (loss) | 19.00 | 5.92 | 2.46 | 12.25 | 15.21 | (6.05) |
Total from investment operations | 19.97 | 7.97 | 4.32 | 13.99 | 16.82 | (4.55) |
Distributions from net investment income | (1.04) | (2.19) | (1.81) | (1.69) | (1.58) | (1.57) |
Distributions from net realized gain | | (.12) | (.57) | (.15) | (.40) | (.46) |
Total distributions | (1.04) | (2.31) | (2.37)C | (1.84) | (1.97)D | (2.03) |
Net asset value, end of period | $121.69 | $102.76 | $97.10 | $95.15 | $83.00 | $68.15 |
Total ReturnE,F | 19.63% | 8.18% | 4.67% | 17.08% | 24.97% | (6.19)% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .02%I | .02% | .02% | .02% | .02% | .03% |
Expenses net of fee waivers, if any | .02%I | .02% | .02% | .02% | .02% | .02% |
Expenses net of all reductions | .02%I | .02% | .02% | .02% | .02% | .02% |
Net investment income (loss) | 1.87%I | 1.96% | 1.99% | 1.96% | 2.11% | 2.09% |
Supplemental Data | ||||||
Net assets, end of period (in millions) | $258,738 | $219,404 | $179,593 | $32,225 | $14,824 | $6,722 |
Portfolio turnover rate J | 7%I,K | 4%K | 4%K | 4%K | 5% | 5% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $2.37 per share is comprised of distributions from net investment income of $1.807 and distributions from net realized gain of $.565 per share.
D Total distributions of $1.97 per share is comprised of distributions from net investment income of $1.576 and distributions from net realized gain of $.398 per share.
E Total returns for periods of less than one year are not annualized.
F Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
G Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment advisor, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
I Annualized
J Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2020
(Amounts in thousands except percentages)
1. Organization.
Fidelity 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. Share transactions on the Statement of Changes in Net Assets may contain exchanges between affiliated funds. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date ranged from less than .005% to .01%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investment Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 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 the Fund's 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 vendor 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 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 vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors 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 vendors. 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 open-end mutual funds, including the Fidelity Central 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. The aggregate value of investments by input level as of August 31, 2020 is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan) for the Fund, certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in the Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees of $4,340 are included in the accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, market discount, certain deemed distributions, redemptions in kind, short-term gain distributions from the Underlying Funds, deferred trustees compensation and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $132,180,877 |
Gross unrealized depreciation | (12,380,764) |
Net unrealized appreciation (depreciation) | $119,800,113 |
Tax cost | $140,893,918 |
Capital loss carryforwards are only available to offset future capital gains of the Fund to the extent provided by regulations and may be limited. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.
No expiration | |
Long-term | $(116,319) |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures 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 and 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:
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. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
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 and amounts recognized in the Statement of Assets and Liabilities. 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 fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and in-kind transactions, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity 500 Index Fund | 8,180,721 | 7,910,986 |
Unaffiliated Redemptions In-Kind. During the period, 351 shares of the Fund were redeemed in-kind for investments and cash with a value of $36,739. The net realized gain of $27,619 on investments delivered through in-kind redemptions is included in the accompanying Statement of Operations. The amount of the in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Unaffiliated Redemptions In-Kind. During the prior period, 8,304 shares of the Fund were redeemed in-kind for investments and cash with a value of $850,431. The Fund had a net realized gain of $637,507 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets. The Fund recognized no gain or loss for federal income tax purposes.
Prior Fiscal Year Unaffiliated Exchanges In-Kind. During the prior period, the Fund received investments and cash valued at $197,324 in exchange for 1,900 shares of the Fund. The amount of in-kind exchanges is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements.
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company LLC (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund pays a monthly management fee. The management fee is based on an annual rate of .015% of the Fund's average net assets. The management fee is reduced by an amount equal to the fees and expenses paid by the Fund to the independent Trustees. Under the management contract, the investment adviser pays all other operating expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective April 29, 2020, the Board approved to add an expense contract to the Fund. Under the expense contract, the investment adviser pays all other operating expenses, except the compensation of the independent Trustees, as necessary so that the total expenses do not exceed .015% of average net assets. This expense contract will remain in place through April 30, 2021.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, the fund, along with other registered investment companies having management contracts with Fidelity Management & Research Company LLC (FMR), or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing the fund to borrow from, or lend money to, other participating affiliated funds. At period end, there were no interfund loans outstanding. Activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity 500 Index Fund | Borrower | $304,559 | .30% | $38 |
Interfund Trades. Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Commitment fees on the Statement of Operations, and are as follows:
Amount | |
Fidelity 500 Index Fund | $148 |
During the period, there were no borrowings on this line of credit.
8. Security Lending.
The Fund lends portfolio securities from time to time in order to earn additional income. Lending agents are used, including National Financial Services (NFS), an affiliate of the Fund. Pursuant to a securities lending agreement, NFS will receive a fee, which is capped at 9.9% of daily lending revenue, for its services as lending agent. The Fund may lend securities to certain qualified borrowers, including NFS. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. At period end, there were no security loans outstanding with NFS, as affiliated borrower. Total fees paid by the Fund to NFS, as lending agent, amounted to $430. Security lending income 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 payments received for lending certain types of securities. Net income from the Fidelity Securities Lending Cash Central Fund during the period is presented in the Statement of Operations as a component of income from Fidelity Central Funds (and includes an amount less than five hundred dollars from securities loaned to NFS, as affiliated borrower).
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses by $1.
10. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
11. Coronavirus (COVID-19) Pandemic.
An outbreak of COVID-19 first detected in China during December 2019 has since spread globally and was declared a pandemic by the World Health Organization during March 2020. Developments that disrupt global economies and financial markets, such as the COVID-19 pandemic, may magnify factors that affect the Fund's performance.
Shareholder Expense Example
As a shareholder, you incur two types of costs: (1) transaction costs, which may include sales charges (loads) on purchase payments or redemption proceeds, as applicable and (2) ongoing costs, which generally include management fees, distribution and/or service (12b-1) fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in a fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2020 to August 31, 2020).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class/Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. If any fund is a shareholder of any underlying mutual funds or exchange-traded funds (ETFs) (the Underlying Funds), such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses incurred presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. If any fund is a shareholder of any Underlying Funds, such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses as presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2020 | Ending Account Value August 31, 2020 | Expenses Paid During Period-B March 1, 2020 to August 31, 2020 |
|
Fidelity 500 Index Fund | .02% | |||
Actual | $1,000.00 | $1,196.30 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period). The fees and expenses of any Underlying Funds are not included in each annualized expense ratio.
C 5% return per year before expenses
Proxy Voting Results
A special meeting of shareholders was held on June 9, 2020. The results of votes taken among shareholders on the proposals before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting.
PROPOSAL 1
To elect a Board of Trustees.
# of Votes | % of Votes |
|
Dennis J. Dirks | ||
Affirmative | 153,310,852,719.993 | 94.554 |
Withheld | 8,830,820,397.844 | 5.446 |
TOTAL | 162,141,673,117.837 | 100.000 |
Donald F. Donahue | ||
Affirmative | 153,409,297,334.631 | 94.614 |
Withheld | 8,732,375,783.206 | 5.386 |
TOTAL | 162,141,673,117.837 | 100.000 |
Bettina Doulton | ||
Affirmative | 154,057,198,754.144 | 95.014 |
Withheld | 8,084,474,363.693 | 4.986 |
TOTAL | 162,141,673,117.837 | 100.000 |
Vicki L. Fuller | ||
Affirmative | 154,419,985,979.903 | 95.238 |
Withheld | 7,721,687,137.934 | 4.762 |
TOTAL | 162,141,673,117.837 | 100.00 |
Patricia L. Kampling | ||
Affirmative | 153,773,968,211.778 | 94.839 |
Withheld | 8,367,704,906.059 | 5.161 |
TOTAL | 162,141,673,117.837 | 100.000 |
Alan J. Lacy | ||
Affirmative | 152,412,406,811.772 | 94.000 |
Withheld | 9,729,266,306.065 | 6.000 |
TOTAL | 162,141,673,117.837 | 100.000 |
Ned C. Lautenbach | ||
Affirmative | 151,421,801,314.429 | 93.389 |
Withheld | 10,719,871,803.408 | 6.611 |
TOTAL | 162,141,673,117.837 | 100.000 |
Robert A. Lawrence | ||
Affirmative | 152,467,970,401.411 | 94.034 |
Withheld | 9,673,702,716.426 | 5.966 |
TOTAL | 162,141,673,117.837 | 100.000 |
Joseph Mauriello | ||
Affirmative | 152,391,361,586.517 | 93.987 |
Withheld | 9,750,311,531.320 | 6.013 |
TOTAL | 162,141,673,117.837 | 100.000 |
Cornelia M. Small | ||
Affirmative | 153,101,624,672.870 | 94.425 |
Withheld | 9,040,048,444.967 | 5.575 |
TOTAL | 162,141,673,117.837 | 100.000 |
Garnett A. Smith | ||
Affirmative | 152,502,318,423.900 | 94.055 |
Withheld | 9,639,354,693.937 | 5.945 |
TOTAL | 162,141,673,117.837 | 100.000 |
David M. Thomas | ||
Affirmative | 152,608,626,434.284 | 94.121 |
Withheld | 9,533,046,683.553 | 5.879 |
TOTAL | 162,141,673,117.837 | 100.000 |
Susan Tomasky | ||
Affirmative | 153,605,526,235.885 | 94.735 |
Withheld | 8,536,146,881.952 | 5.265 |
TOTAL | 162,141,673,117.837 | 100.000 |
Michael E. Wiley | ||
Affirmative | 152,567,303,629.801 | 94.095 |
Withheld | 9,574,369,488.036 | 5.905 |
TOTAL | 162,141,673,117.837 | 100.000 |
PROPOSAL 5
A shareholder proposal to institute procedures to avoid holding investments in companies that contribute to genocide or crimes against humanity.
# of Votes | % of Votes |
|
Affirmative | 17,621,096,352.863 | 21.077 |
Against | 56,638,734,904.910 | 67.748 |
Abstain | 4,020,978,788.391 | 4.810 |
Broker Non-Vote | 5,321,833,205.926 | 6.366 |
TOTAL | 83,602,643,252.088 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. | ||
Proposal 5 was not approved by shareholders. |
U5I-U5A-SANN-1020
1.925892.109
Fidelity® Total Market Index Fund
Fidelity® Extended Market Index Fund
Fidelity® International Index Fund
Semi-Annual Report
August 31, 2020
See the inside front cover for important information about access to your funds shareholder reports.
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of a funds shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary, such as a financial advisor, broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from a fund electronically, by contacting your financial intermediary. For Fidelity customers, visit Fidelity's web site or call Fidelity using the contact information listed below.
You may elect to receive all future reports in paper free of charge. If you wish to continue receiving paper copies of your shareholder reports, you may contact your financial intermediary or, if you are a Fidelity customer, visit Fidelitys website, or call Fidelity at the applicable toll-free number listed below. Your election to receive reports in paper will apply to all funds held with the fund complex/your financial intermediary.
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Contents
Fidelity® Total Market Index Fund | |
Fidelity® Extended Market Index Fund | |
Fidelity® International Index Fund | |
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2020 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Funds. This report is not authorized for distribution to prospective investors in the Funds unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. Forms N-PORT are available on the SECs web site at http://www.sec.gov. A fund's Forms N-PORT may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Neither the Funds nor Fidelity Distributors Corporation is a bank.
Note to Shareholders:
Early in 2020, the outbreak and spread of a new coronavirus emerged as a public health emergency that had a major influence on financial markets, primarily based on its impact on the global economy and the outlook for corporate earnings. The virus causes a respiratory disease known as COVID-19. On March 11, the World Health Organization declared the COVID-19 outbreak a pandemic, citing sustained risk of further global spread.
In the weeks following, as the crisis worsened, we witnessed an escalating human tragedy with wide-scale social and economic consequences from coronavirus-containment measures. The outbreak of COVID-19 prompted a number of measures to limit the spread, including travel and border restrictions, quarantines, and restrictions on large gatherings. In turn, these resulted in lower consumer activity, diminished demand for a wide range of products and services, disruption in manufacturing and supply chains, and given the wide variability in outcomes regarding the outbreak significant market uncertainty and volatility. Amid the turmoil, the U.S. government took unprecedented action in concert with the U.S. Federal Reserve and central banks around the world to help support consumers, businesses, and the broader economy, and to limit disruption to the financial system.
The situation continues to unfold, and the extent and duration of its impact on financial markets and the economy remain highly uncertain. Extreme events such as the coronavirus crisis are exogenous shocks that can have significant adverse effects on mutual funds and their investments. Although multiple asset classes may be affected by market disruption, the duration and impact may not be the same for all types of assets.
Fidelity is committed to helping you stay informed amid news about COVID-19 and during increased market volatility, and were taking extra steps to be responsive to customer needs. We encourage you to visit our websites, where we offer ongoing updates, commentary, and analysis on the markets and our funds.
Fidelity® Total Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Apple, Inc. | 6.1 |
Microsoft Corp. | 5.0 |
Amazon.com, Inc. | 4.2 |
Facebook, Inc. Class A | 2.1 |
Alphabet, Inc. Class A | 1.4 |
Alphabet, Inc. Class C | 1.4 |
Berkshire Hathaway, Inc. Class B | 1.3 |
Johnson & Johnson | 1.2 |
Tesla, Inc. | 1.1 |
Visa, Inc. Class A | 1.0 |
24.8 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Information Technology | 27.5 |
Health Care | 14.1 |
Consumer Discretionary | 12.3 |
Financials | 10.1 |
Communication Services | 10.1 |
Industrials | 8.6 |
Consumer Staples | 6.2 |
Real Estate | 3.3 |
Utilities | 2.7 |
Materials | 2.6 |
Fidelity® Total Market Index Fund
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.7% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 10.1% | |||
Diversified Telecommunication Services - 1.5% | |||
Alaska Communication Systems Group, Inc. | 95,774 | $214,534 | |
AT&T, Inc. | 10,661,976 | 317,833,505 | |
ATN International, Inc. | 16,985 | 985,130 | |
Bandwidth, Inc. (a)(b) | 24,963 | 3,931,173 | |
CenturyLink, Inc. | 1,484,249 | 15,955,677 | |
Cincinnati Bell, Inc. (a) | 83,774 | 1,261,636 | |
Cogent Communications Group, Inc. | 62,747 | 4,220,363 | |
Consolidated Communications Holdings, Inc. (a) | 109,987 | 855,699 | |
GCI Liberty, Inc. (a) | 144,079 | 11,638,702 | |
Globalstar, Inc. (a)(b) | 1,067,098 | 356,944 | |
IDT Corp. Class B (a) | 31,569 | 205,830 | |
Iridium Communications, Inc. (a) | 149,882 | 4,198,195 | |
Liberty Global PLC: | |||
Class A (a) | 260,485 | 6,087,534 | |
Class C (a) | 570,032 | 13,116,436 | |
Liberty Latin America Ltd.: | |||
Class A (a) | 54,620 | 535,276 | |
Class C (a)(b) | 195,666 | 1,866,654 | |
Ooma, Inc. (a) | 26,417 | 360,328 | |
ORBCOMM, Inc. (a) | 115,630 | 463,676 | |
PDVWireless, Inc. (a) | 16,847 | 736,888 | |
Verizon Communications, Inc. | 6,202,438 | 367,618,500 | |
Vonage Holdings Corp. (a) | 341,900 | 3,914,755 | |
756,357,435 | |||
Entertainment - 1.9% | |||
Activision Blizzard, Inc. | 1,155,866 | 96,537,928 | |
AMC Entertainment Holdings, Inc. Class A (b) | 80,472 | 473,175 | |
Ballantyne of Omaha, Inc. (a) | 12,668 | 19,762 | |
Chicken Soup For The Soul Entertainment, Inc. (a)(b) | 3,642 | 54,484 | |
Cinedigm Corp. (a) | 3,959 | 3,484 | |
Cinemark Holdings, Inc. | 154,781 | 2,267,542 | |
Electronic Arts, Inc. (a) | 431,406 | 60,168,195 | |
Gaia, Inc. Class A (a)(b) | 15,337 | 179,443 | |
Glu Mobile, Inc. (a) | 204,550 | 1,624,127 | |
Lions Gate Entertainment Corp.: | |||
Class A (a)(b) | 132,862 | 1,294,076 | |
Class B (a) | 118,561 | 1,074,163 | |
Live Nation Entertainment, Inc. (a)(b) | 214,561 | 12,187,065 | |
LiveXLive Media, Inc. (a)(b) | 48,854 | 131,906 | |
Madison Square Garden Entertainment Corp. (a) | 25,589 | 1,923,525 | |
Marcus Corp. | 40,620 | 636,515 | |
Netflix, Inc. (a) | 659,547 | 349,269,709 | |
Reading International, Inc. Class A (a) | 16,881 | 69,212 | |
Roku, Inc. Class A (a) | 137,961 | 23,933,474 | |
Rosetta Stone, Inc. (a) | 37,554 | 1,140,891 | |
Sciplay Corp. (A Shares) (a) | 39,902 | 526,108 | |
Take-Two Interactive Software, Inc. (a) | 171,638 | 29,382,709 | |
The Madison Square Garden Co. (a) | 25,589 | 4,196,596 | |
The Walt Disney Co. | 2,705,792 | 356,812,791 | |
Warner Music Group Corp. Class A | 117,719 | 3,491,546 | |
World Wrestling Entertainment, Inc. Class A (b) | 68,370 | 3,013,066 | |
Zynga, Inc. (a) | 1,447,248 | 13,112,067 | |
963,523,559 | |||
Interactive Media & Services - 5.2% | |||
Alphabet, Inc.: | |||
Class A (a) | 449,283 | 732,120,127 | |
Class C (a) | 438,642 | 716,819,984 | |
ANGI Homeservices, Inc. Class A (a)(b) | 92,944 | 1,289,598 | |
Autoweb, Inc. (a)(b) | 6,653 | 35,727 | |
CarGurus, Inc. Class A (a) | 110,133 | 2,685,043 | |
Cars.com, Inc. (a)(b) | 110,140 | 956,015 | |
DHI Group, Inc. (a) | 99,689 | 242,244 | |
Eventbrite, Inc. (a)(b) | 57,116 | 613,997 | |
EverQuote, Inc. Class A (a)(b) | 14,221 | 504,846 | |
Facebook, Inc. Class A (a) | 3,603,450 | 1,056,531,540 | |
InterActiveCorp (a) | 110,234 | 14,660,020 | |
Liberty TripAdvisor Holdings, Inc. (a) | 106,963 | 299,496 | |
Match Group, Inc. (a) | 321,995 | 35,960,402 | |
MeetMe, Inc. (a) | 94,988 | 598,424 | |
Pinterest, Inc. Class A (a) | 170,690 | 6,279,685 | |
QuinStreet, Inc. (a) | 76,178 | 1,001,741 | |
Snap, Inc. Class A (a) | 1,226,703 | 27,711,221 | |
Travelzoo, Inc. (a)(b) | 7,598 | 60,708 | |
TripAdvisor, Inc. | 151,228 | 3,534,198 | |
TrueCar, Inc. (a) | 152,594 | 721,770 | |
Twitter, Inc. (a) | 1,171,259 | 47,529,690 | |
Yelp, Inc. (a) | 100,059 | 2,313,364 | |
Zedge, Inc. (a) | 10,522 | 14,731 | |
Zillow Group, Inc.: | |||
Class A (a) | 79,803 | 6,805,600 | |
Class C (a)(b) | 181,720 | 15,584,307 | |
2,674,874,478 | |||
Media - 1.3% | |||
A.H. Belo Corp. Class A | 15,639 | 24,084 | |
Altice U.S.A., Inc. Class A (a) | 409,551 | 11,295,417 | |
AMC Networks, Inc. Class A (a)(b) | 59,583 | 1,447,271 | |
Boston Omaha Corp. (a) | 12,351 | 201,445 | |
Cable One, Inc. | 7,965 | 14,658,228 | |
Cardlytics, Inc. (a)(b) | 31,649 | 2,400,577 | |
Cbdmd, Inc. (a)(b) | 50,529 | 124,807 | |
Central European Media Enterprises Ltd. Class A (a) | 134,373 | 556,976 | |
Charter Communications, Inc. Class A (a) | 225,865 | 139,044,753 | |
Clear Channel Outdoor Holdings, Inc. (a) | 593,161 | 693,998 | |
Comcast Corp. Class A | 6,822,116 | 305,699,018 | |
comScore, Inc. (a) | 77,792 | 204,593 | |
Cumulus Media, Inc. (a)(b) | 23,165 | 115,130 | |
Daily Journal Corp. (a)(b) | 2,118 | 582,874 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 257,297 | 5,677,258 | |
Class C (non-vtg.) (a) | 458,969 | 9,165,611 | |
DISH Network Corp. Class A (a) | 386,365 | 13,723,685 | |
E.W. Scripps Co. Class A (b) | 87,573 | 973,812 | |
Emerald Expositions Events, Inc. | 41,496 | 114,529 | |
Entercom Communications Corp. Class A | 190,652 | 285,978 | |
Entravision Communication Corp. Class A | 94,991 | 144,386 | |
Fluent, Inc. (a) | 73,907 | 229,112 | |
Fox Corp.: | |||
Class A | 540,239 | 15,051,059 | |
Class B | 201,778 | 5,609,428 | |
Gannett Co., Inc. | 194,937 | 337,241 | |
Gray Television, Inc. (a) | 134,748 | 2,091,289 | |
Hemisphere Media Group, Inc. (a) | 19,748 | 175,757 | |
iHeartMedia, Inc. (a)(b) | 94,443 | 870,764 | |
Insignia Systems, Inc. (a) | 3,553 | 2,744 | |
Interpublic Group of Companies, Inc. | 578,128 | 10,267,553 | |
John Wiley & Sons, Inc. Class A | 69,800 | 2,209,170 | |
Lee Enterprises, Inc. (a)(b) | 84,524 | 74,601 | |
Liberty Broadband Corp.: | |||
Class A (a) | 21,715 | 3,000,796 | |
Class C (a) | 242,911 | 34,029,402 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (a)(b) | 10,065 | 197,173 | |
Liberty Braves Class C (a) | 62,524 | 1,214,841 | |
Liberty Formula One Group Series C (a) | 310,364 | 12,097,989 | |
Liberty Media Class A (a) | 32,828 | 1,187,717 | |
Liberty SiriusXM Series A (a) | 96,454 | 3,502,245 | |
Liberty SiriusXM Series C (a) | 276,239 | 9,943,223 | |
Loral Space & Communications Ltd. | 19,922 | 469,562 | |
Marchex, Inc. Class B (a) | 35,256 | 63,108 | |
MDC Partners, Inc. Class A (a) | 94,948 | 207,936 | |
Mediaco Holding, Inc. (a) | 178 | 648 | |
Meredith Corp. (b) | 61,632 | 862,848 | |
MSG Network, Inc. Class A (a)(b) | 64,838 | 631,522 | |
National CineMedia, Inc. | 107,573 | 388,339 | |
News Corp.: | |||
Class A | 653,467 | 9,880,421 | |
Class B | 103,058 | 1,553,084 | |
Nexstar Broadcasting Group, Inc. Class A (b) | 68,701 | 6,595,983 | |
Omnicom Group, Inc. | 314,797 | 17,027,370 | |
Saga Communications, Inc. Class A | 7,361 | 165,623 | |
Salem Communications Corp. Class A (b) | 7,646 | 7,417 | |
Scholastic Corp. (b) | 42,501 | 956,273 | |
Sinclair Broadcast Group, Inc. Class A (b) | 77,097 | 1,604,389 | |
Sirius XM Holdings, Inc. | 2,026,267 | 11,894,187 | |
Srax, Inc. (a)(b) | 18,248 | 55,109 | |
Srax, Inc. rights 12/31/20 (a)(c) | 7,116 | 1,281 | |
TechTarget, Inc. (a) | 37,024 | 1,469,112 | |
Tegna, Inc. | 324,425 | 4,061,801 | |
The New York Times Co. Class A | 220,050 | 9,534,767 | |
Townsquare Media, Inc. | 906 | 4,213 | |
Tribune Publishing Co. | 36,517 | 414,468 | |
Urban One, Inc.: | |||
Class A (a)(b) | 5,499 | 20,236 | |
Class D (non-vtg.) (a) | 22,803 | 24,855 | |
ViacomCBS, Inc. Class B | 830,242 | 23,122,240 | |
WideOpenWest, Inc. (a) | 48,779 | 280,479 | |
700,523,805 | |||
Wireless Telecommunication Services - 0.2% | |||
Boingo Wireless, Inc. (a) | 71,614 | 930,266 | |
Gogo, Inc. (a)(b) | 77,279 | 397,214 | |
NII Holdings, Inc. (a)(c) | 149,032 | 323,399 | |
Shenandoah Telecommunications Co. | 71,752 | 3,967,886 | |
Spok Holdings, Inc. | 30,428 | 329,840 | |
T-Mobile U.S., Inc. | 873,802 | 101,955,217 | |
Telephone & Data Systems, Inc. | 136,762 | 3,163,305 | |
U.S. Cellular Corp. (a) | 20,750 | 754,885 | |
111,822,012 | |||
TOTAL COMMUNICATION SERVICES | 5,207,101,289 | ||
CONSUMER DISCRETIONARY - 12.3% | |||
Auto Components - 0.2% | |||
Adient PLC (a) | 130,322 | 2,259,783 | |
American Axle & Manufacturing Holdings, Inc. (a) | 182,266 | 1,418,029 | |
Aptiv PLC (b) | 398,700 | 34,336,044 | |
Autoliv, Inc. (b) | 116,732 | 9,144,785 | |
BorgWarner, Inc. | 310,280 | 12,594,265 | |
Cooper Tire & Rubber Co. (b) | 72,908 | 2,520,430 | |
Cooper-Standard Holding, Inc. (a) | 28,729 | 520,569 | |
Dana, Inc. (b) | 221,089 | 3,084,192 | |
Delphi Technologies PLC (a) | 129,128 | 2,242,953 | |
Dorman Products, Inc. (a) | 42,444 | 3,594,582 | |
Fox Factory Holding Corp. (a)(b) | 62,348 | 6,285,302 | |
Garrett Motion, Inc. (a) | 116,114 | 319,314 | |
Gentex Corp. | 365,513 | 9,887,127 | |
Gentherm, Inc. (a) | 45,037 | 2,037,024 | |
Horizon Global Corp. (a)(b) | 37,011 | 222,066 | |
LCI Industries | 38,484 | 4,372,937 | |
Lear Corp. | 81,146 | 9,244,964 | |
Modine Manufacturing Co. (a) | 79,796 | 540,219 | |
Motorcar Parts of America, Inc. (a)(b) | 27,975 | 487,045 | |
Shiloh Industries, Inc. (a)(b) | 16,667 | 6,502 | |
Standard Motor Products, Inc. | 32,083 | 1,457,852 | |
Stoneridge, Inc. (a) | 42,435 | 857,187 | |
Strattec Security Corp. | 3,057 | 63,952 | |
Superior Industries International, Inc. (a) | 42,371 | 65,251 | |
Sypris Solutions, Inc. (a) | 11,882 | 13,308 | |
Tenneco, Inc. (a)(b) | 95,694 | 777,992 | |
The Goodyear Tire & Rubber Co. | 357,708 | 3,432,208 | |
Veoneer, Inc. (a)(b) | 156,282 | 2,169,194 | |
Visteon Corp. (a)(b) | 41,614 | 3,138,944 | |
Workhorse Group, Inc. (a)(b) | 80,566 | 1,459,050 | |
XPEL, Inc. (a) | 26,591 | 662,116 | |
119,215,186 | |||
Automobiles - 1.3% | |||
Arcimoto, Inc. (a)(b) | 19,951 | 120,903 | |
Ford Motor Co. | 5,865,029 | 39,999,498 | |
General Motors Co. | 1,879,342 | 55,684,903 | |
Harley-Davidson, Inc. (b) | 232,274 | 6,436,313 | |
Tesla, Inc. (a) | 1,097,364 | 546,838,428 | |
Thor Industries, Inc. | 82,842 | 7,822,770 | |
Winnebago Industries, Inc. (b) | 50,752 | 2,739,593 | |
659,642,408 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 66,544 | 2,223,900 | |
Educational Development Corp. | 4,042 | 61,923 | |
Funko, Inc. (a)(b) | 28,375 | 165,710 | |
Genuine Parts Co. | 215,796 | 20,379,774 | |
LKQ Corp. (a) | 456,909 | 14,502,292 | |
Pool Corp. | 60,144 | 19,717,609 | |
Weyco Group, Inc. | 9,583 | 172,494 | |
57,223,702 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (a) | 74,023 | 2,457,564 | |
American Public Education, Inc. (a) | 23,267 | 731,514 | |
Aspen Group, Inc. (a) | 21,363 | 273,019 | |
Bright Horizons Family Solutions, Inc. (a) | 88,328 | 11,748,507 | |
Career Education Corp. (a) | 101,596 | 1,459,935 | |
Carriage Services, Inc. | 23,866 | 528,393 | |
Chegg, Inc. (a)(b) | 178,984 | 13,198,280 | |
Collectors Universe, Inc. | 11,867 | 527,963 | |
Franchise Group, Inc. | 18,133 | 445,346 | |
Frontdoor, Inc. (a)(b) | 125,180 | 5,454,093 | |
Graham Holdings Co. | 6,796 | 2,908,348 | |
Grand Canyon Education, Inc. (a) | 71,017 | 6,678,439 | |
H&R Block, Inc. | 290,509 | 4,212,381 | |
Houghton Mifflin Harcourt Co. (a)(b) | 163,395 | 369,273 | |
K12, Inc. (a)(b) | 59,896 | 2,228,730 | |
Laureate Education, Inc. Class A (a) | 170,268 | 2,131,755 | |
Lincoln Educational Services Corp. (a) | 11,052 | 86,979 | |
OneSpaWorld Holdings Ltd. (b) | 59,208 | 410,311 | |
Regis Corp. (a)(b) | 39,677 | 293,213 | |
Select Interior Concepts, Inc. (a) | 30,016 | 185,499 | |
Service Corp. International | 265,510 | 12,120,532 | |
ServiceMaster Global Holdings, Inc. (a) | 197,369 | 7,875,023 | |
Strategic Education, Inc. | 35,698 | 3,661,544 | |
Universal Technical Institute, Inc. (a) | 20,747 | 146,266 | |
Vivint Smart Home, Inc. Class A (a) | 63,720 | 1,131,030 | |
Weight Watchers International, Inc. (a) | 71,605 | 1,681,285 | |
Xpresspa Group, Inc. (a)(b) | 35,777 | 82,645 | |
Zovio, Inc. (a) | 36,795 | 158,954 | |
83,186,821 | |||
Hotels, Restaurants & Leisure - 1.7% | |||
Accel Entertainment, Inc. (a)(b) | 55,820 | 662,025 | |
ARAMARK Holdings Corp. | 379,302 | 10,453,563 | |
BBQ Holdings, Inc. (a) | 5,376 | 23,224 | |
BFC Financial Corp. Class A | 22,171 | 341,433 | |
Biglari Holdings, Inc. (a) | 174 | 80,997 | |
Biglari Holdings, Inc. (a) | 1,745 | 172,930 | |
BJ's Restaurants, Inc. | 31,905 | 1,005,646 | |
Bloomin' Brands, Inc. (b) | 139,999 | 2,007,586 | |
Bluegreen Vacations Corp. | 15,559 | 86,508 | |
Boyd Gaming Corp. | 112,862 | 3,022,444 | |
Brinker International, Inc. | 68,341 | 3,078,079 | |
Caesars Entertainment, Inc. (a)(b) | 231,181 | 10,588,090 | |
Carnival Corp. (b) | 715,705 | 11,794,818 | |
Carrols Restaurant Group, Inc. (a) | 59,929 | 399,127 | |
Century Casinos, Inc. (a) | 39,038 | 240,084 | |
Chipotle Mexican Grill, Inc. (a) | 38,594 | 50,568,946 | |
Choice Hotels International, Inc. (b) | 47,586 | 4,724,814 | |
Churchill Downs, Inc. | 52,008 | 9,088,918 | |
Chuy's Holdings, Inc. (a) | 28,676 | 637,754 | |
Cracker Barrel Old Country Store, Inc. | 33,666 | 4,501,481 | |
Darden Restaurants, Inc. | 194,389 | 16,847,695 | |
Dave & Buster's Entertainment, Inc. (b) | 72,644 | 1,208,070 | |
Del Taco Restaurants, Inc. (a) | 62,726 | 527,526 | |
Denny's Corp. (a) | 93,142 | 1,067,407 | |
Dine Brands Global, Inc. (b) | 24,764 | 1,474,944 | |
Domino's Pizza, Inc. | 58,756 | 24,028,854 | |
Dover Motorsports, Inc. | 7,047 | 10,148 | |
DraftKings, Inc. Class A (a)(b) | 371,924 | 13,151,233 | |
Drive Shack, Inc. (a) | 83,508 | 116,076 | |
Dunkin' Brands Group, Inc. | 121,829 | 9,268,750 | |
El Pollo Loco Holdings, Inc. (a)(b) | 26,773 | 478,434 | |
Everi Holdings, Inc. (a)(b) | 136,909 | 1,062,414 | |
Extended Stay America, Inc. unit | 263,785 | 3,294,675 | |
Fiesta Restaurant Group, Inc. (a)(b) | 35,738 | 358,095 | |
Golden Entertainment, Inc. (a) | 31,284 | 401,687 | |
Good Times Restaurants, Inc. (a) | 5,599 | 8,622 | |
Hilton Grand Vacations, Inc. (a) | 132,498 | 2,903,031 | |
Hilton Worldwide Holdings, Inc. | 417,584 | 37,732,890 | |
Hyatt Hotels Corp. Class A (b) | 52,011 | 2,938,101 | |
Inspired Entertainment, Inc. (a) | 15,999 | 57,276 | |
J. Alexanders Holdings, Inc. (a) | 14,499 | 59,301 | |
Jack in the Box, Inc. (b) | 34,978 | 2,881,837 | |
Kura Sushi U.S.A., Inc. Class A (a)(b) | 5,622 | 68,701 | |
Las Vegas Sands Corp. | 499,448 | 25,327,008 | |
Lindblad Expeditions Holdings (a) | 44,800 | 443,744 | |
Luby's, Inc. (a) | 10,306 | 11,852 | |
Marriott International, Inc. Class A | 400,203 | 41,184,891 | |
Marriott Vacations Worldwide Corp. | 54,556 | 5,164,817 | |
McDonald's Corp. | 1,114,408 | 237,948,396 | |
MGM Mirage, Inc. (b) | 746,213 | 16,789,793 | |
Monarch Casino & Resort, Inc. (a) | 18,204 | 837,566 | |
Nathan's Famous, Inc. | 6,187 | 324,508 | |
Noodles & Co. (a) | 50,229 | 382,243 | |
Norwegian Cruise Line Holdings Ltd. (a)(b) | 413,069 | 7,067,611 | |
Papa John's International, Inc. (b) | 33,027 | 3,246,224 | |
Penn National Gaming, Inc. (a) | 193,557 | 9,890,763 | |
Planet Fitness, Inc. (a)(b) | 119,918 | 7,289,815 | |
Playa Hotels & Resorts NV (a)(b) | 99,336 | 419,198 | |
PlayAGS, Inc. (a) | 45,259 | 181,036 | |
Potbelly Corp. (a) | 36,935 | 158,082 | |
Rave Restaurant Group, Inc. (a)(b) | 6,403 | 3,011 | |
RCI Hospitality Holdings, Inc. (b) | 10,918 | 208,752 | |
Red Lion Hotels Corp. (a) | 31,607 | 71,748 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 21,184 | 235,142 | |
Red Rock Resorts, Inc. | 109,034 | 1,861,756 | |
Royal Caribbean Cruises Ltd. (b) | 254,209 | 17,499,748 | |
Ruth's Hospitality Group, Inc. (b) | 42,226 | 433,872 | |
Scientific Games Corp. Class A (a) | 80,683 | 1,668,928 | |
SeaWorld Entertainment, Inc. (a) | 61,434 | 1,253,254 | |
Shake Shack, Inc. Class A (a)(b) | 53,683 | 3,663,865 | |
Six Flags Entertainment Corp. (b) | 124,651 | 2,708,666 | |
Starbucks Corp. | 1,748,068 | 147,659,304 | |
Target Hospitality Corp. (a)(b) | 59,831 | 86,755 | |
Texas Roadhouse, Inc. Class A | 97,873 | 6,165,020 | |
The Cheesecake Factory, Inc. (b) | 64,593 | 1,907,431 | |
Town Sports International Holdings, Inc. (a)(b) | 29,114 | 17,180 | |
Twin River Worldwide Holdings, Inc. | 25,516 | 610,598 | |
Vail Resorts, Inc. | 60,736 | 13,220,405 | |
Wendy's Co. | 267,946 | 5,610,789 | |
Wingstop, Inc. | 44,861 | 7,330,287 | |
Wyndham Destinations, Inc. | 129,289 | 3,748,088 | |
Wyndham Hotels & Resorts, Inc. | 141,802 | 7,424,753 | |
Wynn Resorts Ltd. | 145,996 | 12,767,350 | |
Yum! Brands, Inc. | 449,061 | 43,042,497 | |
869,290,980 | |||
Household Durables - 0.5% | |||
Bassett Furniture Industries, Inc. | 12,880 | 162,288 | |
Beazer Homes U.S.A., Inc. (a) | 48,130 | 589,111 | |
Cavco Industries, Inc. (a) | 12,891 | 2,461,021 | |
Century Communities, Inc. (a) | 42,977 | 1,533,419 | |
Comstock Holding Companies, Inc. (a) | 1,055 | 2,627 | |
D.R. Horton, Inc. | 496,387 | 35,427,140 | |
Dixie Group, Inc. (a) | 7,832 | 7,519 | |
Emerson Radio Corp. (a) | 16,730 | 12,297 | |
Ethan Allen Interiors, Inc. | 37,783 | 538,030 | |
Flexsteel Industries, Inc. | 18,067 | 299,551 | |
Garmin Ltd. | 218,475 | 22,636,195 | |
GoPro, Inc. Class A (a) | 211,717 | 971,781 | |
Green Brick Partners, Inc. (a) | 37,339 | 531,707 | |
Hamilton Beach Brands Holding Co. Class A | 10,452 | 228,376 | |
Helen of Troy Ltd. (a)(b) | 38,200 | 7,900,524 | |
Hooker Furniture Corp. | 18,554 | 457,356 | |
Hovnanian Enterprises, Inc. Class A (a) | 7,272 | 227,759 | |
Installed Building Products, Inc. (a) | 30,002 | 2,604,774 | |
iRobot Corp. (a)(b) | 42,357 | 3,135,689 | |
KB Home | 127,401 | 4,555,860 | |
Koss Corp. (a)(b) | 1,883 | 4,086 | |
La-Z-Boy, Inc. | 63,295 | 2,057,088 | |
Legacy Housing Corp. (a)(b) | 6,771 | 103,393 | |
Leggett & Platt, Inc. | 199,541 | 8,181,181 | |
Lennar Corp.: | |||
Class A | 392,435 | 29,361,987 | |
Class B | 52,200 | 3,095,460 | |
LGI Homes, Inc. (a)(b) | 31,514 | 3,525,156 | |
Lifetime Brands, Inc. | 9,906 | 97,277 | |
Lovesac (a)(b) | 16,529 | 437,523 | |
M.D.C. Holdings, Inc. | 77,982 | 3,382,859 | |
M/I Homes, Inc. (a) | 44,331 | 1,886,727 | |
Meritage Homes Corp. (a) | 51,856 | 4,979,732 | |
Mohawk Industries, Inc. (a) | 87,235 | 8,054,408 | |
New Home Co. LLC (a)(b) | 12,535 | 54,277 | |
Newell Brands, Inc. | 579,569 | 9,261,513 | |
Nova LifeStyle, Inc. (a)(b) | 3,687 | 5,973 | |
NVR, Inc. (a) | 5,198 | 21,667,031 | |
PulteGroup, Inc. | 379,174 | 16,907,369 | |
Purple Innovation, Inc. (a) | 14,822 | 280,284 | |
Skyline Champion Corp. (a) | 78,366 | 2,236,566 | |
Sonos, Inc. (a) | 97,412 | 1,370,587 | |
Taylor Morrison Home Corp. (a) | 190,764 | 4,488,677 | |
Tempur Sealy International, Inc. (a) | 65,779 | 5,626,736 | |
Toll Brothers, Inc. (b) | 173,603 | 7,329,519 | |
TopBuild Corp. (a) | 51,028 | 7,848,106 | |
TRI Pointe Homes, Inc. (a) | 188,495 | 3,181,796 | |
Tupperware Brands Corp. (b) | 73,103 | 1,190,848 | |
Turtle Beach Corp. (a)(b) | 22,969 | 449,503 | |
Universal Electronics, Inc. (a)(b) | 23,004 | 945,004 | |
VOXX International Corp. (a) | 27,686 | 173,868 | |
Vuzix Corp. (a)(b) | 33,713 | 125,412 | |
Whirlpool Corp. | 92,075 | 16,363,569 | |
Zagg, Inc. (a)(b) | 43,858 | 139,468 | |
249,096,007 | |||
Internet & Direct Marketing Retail - 4.7% | |||
1-800-FLOWERS.com, Inc. Class A (a)(b) | 31,224 | 934,534 | |
Amazon.com, Inc. (a) | 627,925 | 2,166,944,058 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 9,002 | 60,403 | |
Chewy, Inc. (a)(b) | 80,969 | 4,944,777 | |
Duluth Holdings, Inc. (a)(b) | 15,571 | 150,727 | |
eBay, Inc. | 988,546 | 54,152,550 | |
Etsy, Inc. (a) | 179,015 | 21,428,096 | |
EVINE Live, Inc. (a) | 5,035 | 35,849 | |
Expedia, Inc. | 203,554 | 19,978,825 | |
Groupon, Inc. (a)(b) | 35,206 | 1,120,607 | |
GrubHub, Inc. (a) | 138,163 | 9,996,093 | |
Lands' End, Inc. (a)(b) | 28,326 | 379,002 | |
Leaf Group Ltd. (a) | 15,179 | 73,770 | |
Liquidity Services, Inc. (a) | 40,558 | 292,423 | |
Overstock.com, Inc. (a)(b) | 52,996 | 4,637,150 | |
PetMed Express, Inc. (b) | 32,928 | 1,144,577 | |
Quotient Technology, Inc. (a)(b) | 128,888 | 1,122,614 | |
Qurate Retail, Inc. Series A (a) | 580,706 | 6,416,801 | |
Remark Holdings, Inc. (a)(b) | 23,962 | 26,837 | |
Revolve Group, Inc. (a)(b) | 22,002 | 441,800 | |
RumbleON, Inc. Class B (a)(b) | 753 | 28,012 | |
Shutterstock, Inc. | 29,690 | 1,494,001 | |
Stamps.com, Inc. (a) | 24,200 | 6,034,028 | |
Stitch Fix, Inc. (a)(b) | 37,044 | 894,613 | |
The Booking Holdings, Inc. (a) | 61,285 | 117,081,928 | |
The RealReal, Inc. (a)(b) | 25,701 | 412,758 | |
The Rubicon Project, Inc. (a)(b) | 94,771 | 696,567 | |
U.S. Auto Parts Network, Inc. (a) | 45,493 | 639,177 | |
Waitr Holdings, Inc. (a) | 87,062 | 350,860 | |
Wayfair LLC Class A (a)(b) | 101,339 | 30,053,094 | |
2,451,966,531 | |||
Leisure Products - 0.1% | |||
Acushnet Holdings Corp. (b) | 51,279 | 1,809,636 | |
American Outdoor Brands, Inc. (a) | 21,542 | 328,085 | |
Brunswick Corp. | 116,632 | 7,218,354 | |
Callaway Golf Co. | 141,515 | 2,952,003 | |
Clarus Corp. | 34,696 | 436,823 | |
Escalade, Inc. | 4,952 | 89,780 | |
Genius Brands International, Inc. (a)(b) | 58,133 | 62,202 | |
Hasbro, Inc. | 191,303 | 15,101,459 | |
JAKKS Pacific, Inc. (a)(b) | 2,570 | 10,177 | |
Johnson Outdoors, Inc. Class A | 9,788 | 838,929 | |
Malibu Boats, Inc. Class A (a) | 32,528 | 1,686,577 | |
Marine Products Corp. | 13,508 | 195,191 | |
Mattel, Inc. (a)(b) | 524,819 | 5,639,180 | |
MCBC Holdings, Inc. (a) | 30,360 | 634,828 | |
Nautilus, Inc. (a) | 42,641 | 505,296 | |
Peloton Interactive, Inc. Class A (a) | 37,866 | 2,903,186 | |
Polaris, Inc. | 86,558 | 8,745,820 | |
Smith & Wesson Brands, Inc. (a)(b) | 86,169 | 1,573,446 | |
Sturm, Ruger & Co., Inc. | 23,604 | 1,672,579 | |
Vista Outdoor, Inc. (a) | 90,022 | 1,747,327 | |
YETI Holdings, Inc. (a) | 102,177 | 5,249,854 | |
59,400,732 | |||
Multiline Retail - 0.5% | |||
Big Lots, Inc. | 60,678 | 2,860,968 | |
Dillard's, Inc. Class A (b) | 15,955 | 482,001 | |
Dollar General Corp. | 376,713 | 76,050,820 | |
Dollar Tree, Inc. (a) | 356,520 | 34,322,180 | |
Kohl's Corp. | 233,762 | 4,993,156 | |
Macy's, Inc. (b) | 481,280 | 3,354,522 | |
Nordstrom, Inc. (b) | 148,680 | 2,378,880 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 86,431 | 8,257,618 | |
Target Corp. | 748,709 | 113,212,288 | |
245,912,433 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 100,800 | 5,633,712 | |
Abercrombie & Fitch Co. Class A (b) | 102,754 | 1,336,830 | |
Advance Auto Parts, Inc. | 103,863 | 16,234,826 | |
America's Car Mart, Inc. (a) | 10,423 | 1,047,512 | |
American Eagle Outfitters, Inc. (b) | 244,077 | 3,077,811 | |
Asbury Automotive Group, Inc. (a)(b) | 28,942 | 3,061,774 | |
At Home Group, Inc. (a) | 73,497 | 1,404,528 | |
AutoNation, Inc. (a) | 87,141 | 4,954,837 | |
AutoZone, Inc. (a) | 34,846 | 41,686,618 | |
Barnes & Noble Education, Inc. (a)(b) | 70,687 | 161,166 | |
Bed Bath & Beyond, Inc. (b) | 186,797 | 2,275,187 | |
Best Buy Co., Inc. | 341,100 | 37,831,401 | |
Big 5 Sporting Goods Corp. (b) | 28,630 | 169,203 | |
Blink Charging Co. (a)(b) | 28,601 | 201,065 | |
Boot Barn Holdings, Inc. (a)(b) | 44,652 | 1,260,526 | |
Build-A-Bear Workshop, Inc. (a) | 23,020 | 59,392 | |
Burlington Stores, Inc. (a)(b) | 98,954 | 19,487,011 | |
Caleres, Inc. | 68,429 | 534,430 | |
Camping World Holdings, Inc. | 51,555 | 1,498,188 | |
CarMax, Inc. (a)(b) | 242,581 | 25,939,186 | |
Carvana Co. Class A (a)(b) | 83,382 | 18,007,177 | |
Chico's FAS, Inc. | 202,946 | 259,771 | |
Citi Trends, Inc. | 15,000 | 289,950 | |
Conn's, Inc. (a) | 29,724 | 379,873 | |
Destination XL Group, Inc. (a)(b) | 36,252 | 12,054 | |
Dick's Sporting Goods, Inc. | 99,653 | 5,393,220 | |
DSW, Inc. Class A (b) | 88,276 | 622,346 | |
Express, Inc. (a)(b) | 113,752 | 126,265 | |
Five Below, Inc. (a) | 84,143 | 9,209,451 | |
Floor & Decor Holdings, Inc. Class A (a)(b) | 115,454 | 8,455,851 | |
Foot Locker, Inc. | 149,863 | 4,545,345 | |
Francesca's Holdings Corp. (a)(b) | 3,389 | 19,995 | |
GameStop Corp. Class A (a)(b) | 97,456 | 651,006 | |
Gap, Inc. (b) | 324,540 | 5,643,751 | |
Genesco, Inc. (a)(b) | 26,046 | 507,897 | |
Group 1 Automotive, Inc. | 24,905 | 2,152,788 | |
GrowGeneration Corp. (a)(b) | 38,469 | 613,773 | |
Guess?, Inc. (b) | 66,115 | 760,323 | |
Haverty Furniture Companies, Inc. | 21,811 | 460,648 | |
Hibbett Sports, Inc. (a)(b) | 24,219 | 808,188 | |
J.Jill, Inc. (a)(b) | 17,318 | 6,659 | |
Kirkland's, Inc. (a)(b) | 25,171 | 218,233 | |
L Brands, Inc. | 348,662 | 10,250,663 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 32,960 | 8,205,722 | |
Lowe's Companies, Inc. | 1,131,129 | 186,285,635 | |
Lumber Liquidators Holdings, Inc. (a) | 44,058 | 1,056,951 | |
MarineMax, Inc. (a) | 32,553 | 957,384 | |
Michaels Companies, Inc. (a)(b) | 115,487 | 1,299,229 | |
Monro, Inc. (b) | 46,793 | 2,156,689 | |
Murphy U.S.A., Inc. (a) | 40,768 | 5,497,972 | |
National Vision Holdings, Inc. (a)(b) | 117,306 | 4,407,186 | |
O'Reilly Automotive, Inc. (a) | 110,866 | 51,622,536 | |
OneWater Marine, Inc. Class A (b) | 2,414 | 68,992 | |
Party City Holdco, Inc. (a)(b) | 89,546 | 245,356 | |
Penske Automotive Group, Inc. (b) | 51,774 | 2,442,180 | |
Rent-A-Center, Inc. (b) | 71,734 | 2,202,234 | |
RH (a)(b) | 24,612 | 8,135,497 | |
Ross Stores, Inc. | 533,729 | 48,612,037 | |
Sally Beauty Holdings, Inc. (a)(b) | 173,432 | 1,935,501 | |
Shoe Carnival, Inc. (b) | 15,042 | 494,581 | |
Signet Jewelers Ltd. (b) | 81,950 | 1,415,277 | |
Sleep Number Corp. (a)(b) | 40,284 | 1,933,632 | |
Sonic Automotive, Inc. Class A (sub. vtg.) (b) | 34,067 | 1,439,671 | |
Sportsman's Warehouse Holdings, Inc. (a)(b) | 60,019 | 941,998 | |
The Buckle, Inc. (b) | 46,350 | 868,599 | |
The Cato Corp. Class A (sub. vtg.) | 41,489 | 331,912 | |
The Children's Place Retail Stores, Inc. (b) | 24,891 | 496,949 | |
The Container Store Group, Inc. (a)(b) | 20,987 | 89,195 | |
The Home Depot, Inc. | 1,611,061 | 459,216,827 | |
The ODP Corp. | 76,381 | 1,785,788 | |
Tiffany & Co., Inc. | 164,629 | 20,167,053 | |
Tilly's, Inc. | 36,218 | 229,622 | |
TJX Companies, Inc. | 1,791,918 | 98,179,187 | |
Tractor Supply Co. | 173,965 | 25,891,211 | |
Trans World Entertainment Corp. (a) | 105 | 709 | |
TravelCenters of America LLC (a) | 14,987 | 320,122 | |
Ulta Beauty, Inc. (a) | 84,520 | 19,623,854 | |
Urban Outfitters, Inc. (a)(b) | 108,234 | 2,547,828 | |
Williams-Sonoma, Inc. | 115,530 | 10,138,913 | |
Winmark Corp. (b) | 2,318 | 358,015 | |
Zumiez, Inc. (a) | 31,295 | 803,656 | |
1,209,656,130 | |||
Textiles, Apparel & Luxury Goods - 0.7% | |||
APEX Global Brands, Inc. | 4,776 | 3,955 | |
Capri Holdings Ltd. (a) | 223,754 | 3,544,263 | |
Carter's, Inc. (b) | 64,660 | 5,148,229 | |
Charles & Colvard Ltd. (a) | 34,272 | 23,586 | |
Columbia Sportswear Co. | 42,188 | 3,610,027 | |
Crocs, Inc. (a) | 102,370 | 4,085,587 | |
Culp, Inc. | 14,133 | 169,596 | |
Deckers Outdoor Corp. (a) | 42,492 | 8,662,844 | |
Delta Apparel, Inc. (a) | 10,797 | 152,454 | |
Fossil Group, Inc. (a)(b) | 73,399 | 472,323 | |
G-III Apparel Group Ltd. (a)(b) | 70,148 | 775,837 | |
Hanesbrands, Inc. | 527,607 | 8,067,111 | |
Iconix Brand Group, Inc. (a) | 7,172 | 5,809 | |
Kontoor Brands, Inc. (b) | 68,760 | 1,519,596 | |
Lakeland Industries, Inc. (a)(b) | 10,402 | 212,513 | |
Levi Strauss & Co. Class A (b) | 58,355 | 718,934 | |
lululemon athletica, Inc. (a) | 171,101 | 64,277,513 | |
Movado Group, Inc. | 27,656 | 301,727 | |
NIKE, Inc. Class B | 1,856,041 | 207,672,427 | |
Oxford Industries, Inc. (b) | 27,762 | 1,375,052 | |
PVH Corp. | 107,552 | 5,997,100 | |
Ralph Lauren Corp. | 71,727 | 4,936,969 | |
Rocky Brands, Inc. | 10,160 | 244,653 | |
Sequential Brands Group, Inc. (a)(b) | 1,459 | 8,885 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a) | 208,185 | 6,214,322 | |
Steven Madden Ltd. | 110,453 | 2,337,185 | |
Superior Group of Companies, Inc. | 16,493 | 381,648 | |
Tapestry, Inc. | 405,177 | 5,968,257 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a) | 331,375 | 3,250,789 | |
Class C (non-vtg.) (a) | 231,496 | 2,048,740 | |
Unifi, Inc. (a) | 23,226 | 284,054 | |
Vera Bradley, Inc. (a) | 33,322 | 175,607 | |
VF Corp. | 478,172 | 31,439,809 | |
Vince Holding Corp. (a) | 3,162 | 15,905 | |
Wolverine World Wide, Inc. (b) | 122,377 | 3,056,977 | |
377,160,283 | |||
TOTAL CONSUMER DISCRETIONARY | 6,381,751,213 | ||
CONSUMER STAPLES - 6.2% | |||
Beverages - 1.4% | |||
Alkaline Water Co., Inc. (a) | 59,159 | 88,147 | |
Boston Beer Co., Inc. Class A (a)(b) | 14,537 | 12,821,343 | |
Brown-Forman Corp.: | |||
Class A | 73,255 | 4,869,992 | |
Class B (non-vtg.) (b) | 281,501 | 20,597,428 | |
Celsius Holdings, Inc. (a)(b) | 43,826 | 851,101 | |
Coca-Cola Bottling Co. Consolidated | 6,854 | 1,873,198 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 252,487 | 46,578,802 | |
Craft Brew Alliance, Inc. (a) | 16,113 | 251,685 | |
Keurig Dr. Pepper, Inc. | 698,023 | 20,822,026 | |
MGP Ingredients, Inc. (b) | 20,346 | 723,300 | |
Molson Coors Beverage Co. Class B | 274,329 | 10,325,744 | |
Monster Beverage Corp. (a) | 560,464 | 47,000,511 | |
National Beverage Corp. (a)(b) | 18,480 | 1,502,794 | |
Newage, Inc. (a)(b) | 115,625 | 250,906 | |
PepsiCo, Inc. | 2,079,670 | 291,278,580 | |
REED'S, Inc. (a)(b) | 35,577 | 36,289 | |
The Coca-Cola Co. | 5,788,150 | 286,687,070 | |
746,558,916 | |||
Food & Staples Retailing - 1.4% | |||
Andersons, Inc. | 49,299 | 874,071 | |
BJ's Wholesale Club Holdings, Inc. (a)(b) | 183,241 | 8,137,733 | |
Casey's General Stores, Inc. | 55,331 | 9,840,618 | |
Chefs' Warehouse Holdings (a) | 40,401 | 598,339 | |
Costco Wholesale Corp. | 661,779 | 230,074,087 | |
Grocery Outlet Holding Corp. (a) | 95,255 | 3,917,838 | |
HF Foods Group, Inc. (a)(b) | 50,669 | 402,312 | |
Ingles Markets, Inc. Class A | 22,054 | 890,982 | |
Kroger Co. | 1,175,181 | 41,930,458 | |
Natural Grocers by Vitamin Cottage, Inc. (b) | 14,440 | 169,237 | |
Performance Food Group Co. (a) | 200,686 | 7,327,046 | |
PriceSmart, Inc. | 35,547 | 2,337,215 | |
Rite Aid Corp. (a)(b) | 83,643 | 1,089,032 | |
SpartanNash Co. (b) | 56,220 | 1,123,276 | |
Sprouts Farmers Market LLC (a) | 171,205 | 3,997,637 | |
Sysco Corp. | 762,971 | 45,885,076 | |
U.S. Foods Holding Corp. (a) | 331,165 | 8,063,868 | |
United Natural Foods, Inc. (a)(b) | 78,778 | 1,421,943 | |
Village Super Market, Inc. Class A | 10,604 | 269,766 | |
Walgreens Boots Alliance, Inc. | 1,103,422 | 41,952,104 | |
Walmart, Inc. | 2,121,347 | 294,549,031 | |
Weis Markets, Inc. (b) | 28,201 | 1,388,335 | |
706,240,004 | |||
Food Products - 1.1% | |||
Alico, Inc. | 3,906 | 126,242 | |
Arcadia Biosciences, Inc. (a)(b) | 10,882 | 33,952 | |
Archer Daniels Midland Co. | 835,448 | 37,394,652 | |
B&G Foods, Inc. Class A (b) | 93,571 | 2,913,801 | |
Beyond Meat, Inc. (a)(b) | 15,954 | 2,167,351 | |
Bunge Ltd. | 214,342 | 9,778,282 | |
Cal-Maine Foods, Inc. (a)(b) | 51,814 | 1,999,502 | |
Calavo Growers, Inc. (b) | 25,796 | 1,637,272 | |
Campbell Soup Co. | 254,789 | 13,404,449 | |
Coffee Holding Co., Inc. (a) | 10,373 | 33,090 | |
Conagra Brands, Inc. | 733,117 | 28,122,368 | |
Darling Ingredients, Inc. (a) | 249,543 | 7,977,890 | |
Farmer Brothers Co. (a) | 19,225 | 120,925 | |
Flowers Foods, Inc. (b) | 287,134 | 7,023,298 | |
Fresh Del Monte Produce, Inc. | 41,440 | 960,994 | |
Freshpet, Inc. (a) | 53,016 | 6,022,618 | |
General Mills, Inc. | 907,953 | 58,063,594 | |
Hormel Foods Corp. (b) | 420,177 | 21,420,623 | |
Hostess Brands, Inc. Class A (a)(b) | 186,369 | 2,392,978 | |
Ingredion, Inc. | 101,039 | 8,127,577 | |
J&J Snack Foods Corp. | 23,415 | 3,183,269 | |
John B. Sanfilippo & Son, Inc. | 14,363 | 1,143,869 | |
Kellogg Co. | 376,364 | 26,687,971 | |
Lamb Weston Holdings, Inc. (b) | 218,735 | 13,747,495 | |
Lancaster Colony Corp. | 29,391 | 5,223,369 | |
Landec Corp. (a) | 46,292 | 474,030 | |
Lifeway Foods, Inc. (a) | 1,384 | 6,408 | |
Limoneira Co. (b) | 21,611 | 312,711 | |
McCormick & Co., Inc. (non-vtg.) | 185,109 | 38,169,476 | |
Mondelez International, Inc. | 2,136,838 | 124,834,076 | |
Pilgrim's Pride Corp. (a) | 73,174 | 1,170,784 | |
Post Holdings, Inc. (a) | 97,412 | 8,574,204 | |
Sanderson Farms, Inc. | 29,319 | 3,429,150 | |
Seaboard Corp. | 380 | 1,019,540 | |
Seneca Foods Corp. Class A (a) | 11,256 | 533,084 | |
The Hain Celestial Group, Inc. (a) | 119,496 | 3,918,274 | |
The Hershey Co. | 219,836 | 32,676,423 | |
The J.M. Smucker Co. | 171,362 | 20,594,285 | |
The Kraft Heinz Co. | 932,660 | 32,680,406 | |
The Simply Good Foods Co. (a) | 127,355 | 3,164,772 | |
Tootsie Roll Industries, Inc. (b) | 28,883 | 923,967 | |
TreeHouse Foods, Inc. (a) | 83,502 | 3,574,721 | |
Tyson Foods, Inc. Class A | 441,297 | 27,713,452 | |
563,477,194 | |||
Household Products - 1.5% | |||
Central Garden & Pet Co. Class A (non-vtg.) (a) | 73,449 | 2,729,365 | |
Church & Dwight Co., Inc. | 370,552 | 35,509,998 | |
Clorox Co. | 188,080 | 42,035,880 | |
Colgate-Palmolive Co. | 1,282,631 | 101,661,333 | |
Energizer Holdings, Inc. (b) | 95,974 | 4,442,636 | |
Kimberly-Clark Corp. | 509,627 | 80,398,756 | |
Oil-Dri Corp. of America | 9,041 | 316,616 | |
Procter & Gamble Co. | 3,710,321 | 513,248,704 | |
Reynolds Consumer Products, Inc. | 73,015 | 2,426,288 | |
Spectrum Brands Holdings, Inc. | 61,619 | 3,672,492 | |
WD-40 Co. (b) | 20,088 | 4,105,585 | |
790,547,653 | |||
Personal Products - 0.2% | |||
BellRing Brands, Inc. Class A (a) | 61,761 | 1,200,634 | |
Coty, Inc. Class A | 463,443 | 1,659,126 | |
Cyanotech Corp. (a) | 1,622 | 3,698 | |
Edgewell Personal Care Co. (a)(b) | 81,853 | 2,350,000 | |
elf Beauty, Inc. (a) | 43,588 | 851,274 | |
Estee Lauder Companies, Inc. Class A | 336,368 | 74,579,513 | |
Herbalife Nutrition Ltd. (a) | 125,516 | 6,169,111 | |
Inter Parfums, Inc. | 28,357 | 1,266,707 | |
LifeVantage Corp. (a) | 21,148 | 317,643 | |
Mannatech, Inc. | 422 | 7,942 | |
MediFast, Inc. | 17,175 | 2,794,716 | |
Natural Health Trends Corp. | 15,505 | 80,781 | |
Nature's Sunshine Products, Inc. (a) | 4,926 | 54,383 | |
Nu Skin Enterprises, Inc. Class A | 77,231 | 3,650,709 | |
Revlon, Inc. (a)(b) | 16,265 | 119,060 | |
Summer Infant, Inc. (a) | 2,555 | 45,096 | |
USANA Health Sciences, Inc. (a) | 18,270 | 1,432,551 | |
Veru, Inc. (a)(b) | 75,080 | 207,972 | |
Youngevity International, Inc. (a)(b) | 12,762 | 9,827 | |
96,800,743 | |||
Tobacco - 0.6% | |||
22nd Century Group, Inc. (a)(b) | 182,517 | 107,667 | |
Altria Group, Inc. | 2,780,739 | 121,629,524 | |
Philip Morris International, Inc. | 2,332,523 | 186,112,010 | |
Turning Point Brands, Inc. | 16,753 | 484,162 | |
Universal Corp. | 39,347 | 1,708,053 | |
Vector Group Ltd. | 183,655 | 1,849,406 | |
311,890,822 | |||
TOTAL CONSUMER STAPLES | 3,215,515,332 | ||
ENERGY - 2.2% | |||
Energy Equipment & Services - 0.2% | |||
Archrock, Inc. | 164,977 | 1,082,249 | |
Aspen Aerogels, Inc. (a) | 36,336 | 308,856 | |
Baker Hughes Co. Class A (b) | 984,058 | 14,052,348 | |
Bristow Group, Inc. (a) | 9,910 | 187,398 | |
Cactus, Inc. | 62,168 | 1,373,291 | |
Championx Corp. (a) | 282,691 | 2,894,756 | |
Core Laboratories NV (b) | 67,749 | 1,417,987 | |
Dawson Geophysical Co. (a) | 16,756 | 29,658 | |
DMC Global, Inc. | 22,652 | 802,560 | |
Dril-Quip, Inc. (a)(b) | 48,697 | 1,613,332 | |
ENGlobal Corp. (a) | 3,975 | 3,135 | |
Enservco Corp. (a)(b) | 14,482 | 2,009 | |
Exterran Corp. (a) | 49,663 | 228,450 | |
Forum Energy Technologies, Inc. (a) | 130,744 | 71,530 | |
Frank's International NV (a) | 162,418 | 375,186 | |
Geospace Technologies Corp. (a) | 18,281 | 119,741 | |
Gulf Island Fabrication, Inc. (a) | 16,117 | 45,128 | |
Halliburton Co. | 1,307,061 | 21,148,247 | |
Helix Energy Solutions Group, Inc. (a)(b) | 221,809 | 794,076 | |
Helmerich & Payne, Inc. (b) | 158,653 | 2,614,601 | |
Independence Contract Drilling, Inc. (a)(b) | 2,530 | 7,033 | |
ION Geophysical Corp. (a)(b) | 18,615 | 37,788 | |
KLX Energy Services Holdings, Inc. (a)(b) | 7,463 | 58,659 | |
Liberty Oilfield Services, Inc. Class A (b) | 78,407 | 505,725 | |
Mammoth Energy Services, Inc. (a)(b) | 20,002 | 27,203 | |
Matrix Service Co.(a) | 45,698 | 422,250 | |
MIND Technology, Inc. (a) | 16,422 | 41,055 | |
Nabors Industries Ltd. (b) | 11,069 | 442,539 | |
National Oilwell Varco, Inc. | 563,715 | 6,764,580 | |
Natural Gas Services Group, Inc. (a) | 16,673 | 136,385 | |
NCS Multistage Holdings, Inc. (a)(b) | 29,261 | 18,177 | |
Newpark Resources, Inc. (a) | 153,674 | 299,664 | |
Nextier Oilfield Solutions, Inc. (a) | 266,682 | 672,039 | |
Nine Energy Service, Inc. (a)(b) | 20,239 | 27,727 | |
Oceaneering International, Inc. (a) | 152,054 | 819,571 | |
Oil States International, Inc. (a) | 96,884 | 425,321 | |
Patterson-UTI Energy, Inc. | 272,799 | 1,050,276 | |
Profire Energy, Inc. (a)(b) | 29,334 | 21,628 | |
ProPetro Holding Corp. (a) | 121,229 | 761,318 | |
Ranger Energy Services, Inc. Class A (a) | 3,186 | 8,570 | |
RigNet, Inc. (a)(b) | 20,511 | 102,350 | |
RPC, Inc. (a)(b) | 97,557 | 305,353 | |
Schlumberger Ltd. | 2,086,006 | 39,654,974 | |
SEACOR Holdings, Inc. (a) | 28,458 | 899,557 | |
SEACOR Marine Holdings, Inc. (a) | 36,271 | 97,206 | |
Select Energy Services, Inc. Class A (a) | 103,115 | 491,859 | |
Smart Sand, Inc. (a)(b) | 29,122 | 40,188 | |
Solaris Oilfield Infrastructure, Inc. Class A | 51,752 | 402,631 | |
Superior Drilling Products, Inc. (a) | 18,281 | 7,148 | |
TechnipFMC PLC | 626,931 | 4,827,369 | |
TETRA Technologies, Inc. (a)(b) | 184,288 | 125,316 | |
Tidewater, Inc. (a)(b) | 62,562 | 429,801 | |
Transocean Ltd. (United States) (a)(b) | 884,263 | 1,078,801 | |
U.S. Silica Holdings, Inc. (b) | 117,609 | 524,536 | |
U.S. Well Services, Inc. (a)(b) | 24,436 | 6,771 | |
110,705,906 | |||
Oil, Gas & Consumable Fuels - 2.0% | |||
Abraxas Petroleum Corp. (a)(b) | 265,534 | 50,956 | |
Adams Resources & Energy, Inc. | 1,474 | 31,352 | |
Aemetis, Inc. (a)(b) | 7,091 | 11,771 | |
Altus Midstream Co. (a)(b) | 5,123 | 67,419 | |
Amplify Energy Corp. New (b) | 36,298 | 44,284 | |
Antero Midstream GP LP (b) | 420,458 | 2,846,501 | |
Antero Resources Corp. (a)(b) | 287,173 | 924,697 | |
Apache Corp. | 569,506 | 8,428,689 | |
Arch Resources, Inc. (b) | 22,414 | 844,335 | |
Barnwell Industries, Inc. (a)(b) | 2,008 | 1,733 | |
Berry Petroleum Corp. (b) | 62,893 | 247,798 | |
Bonanza Creek Energy, Inc. (a) | 23,842 | 477,794 | |
Brigham Minerals, Inc. Class A | 42,999 | 507,818 | |
Cabot Oil & Gas Corp. | 603,418 | 11,446,839 | |
Callon Petroleum Co. (a)(b) | 63,172 | 418,830 | |
Centennial Resource Development, Inc. Class A (a)(b) | 298,555 | 216,811 | |
Centrus Energy Corp. Class A (a)(b) | 3,400 | 37,604 | |
Cheniere Energy, Inc. (a)(b) | 343,331 | 17,870,379 | |
Chevron Corp. | 2,795,693 | 234,642,513 | |
Cimarex Energy Co. | 156,931 | 4,359,543 | |
Clean Energy Fuels Corp. (a) | 209,519 | 553,130 | |
CNX Resources Corp. (a) | 281,543 | 3,085,711 | |
Comstock Resources, Inc. (a) | 84,064 | 484,209 | |
Concho Resources, Inc. | 294,530 | 15,309,669 | |
ConocoPhillips Co. | 1,607,125 | 60,893,966 | |
CONSOL Energy, Inc. (a)(b) | 42,400 | 219,208 | |
Contango Oil & Gas Co. (a)(b) | 117,477 | 190,313 | |
Continental Resources, Inc. (b) | 125,602 | 2,157,842 | |
CVR Energy, Inc. (b) | 47,741 | 796,797 | |
Delek U.S. Holdings, Inc. (b) | 109,270 | 1,718,817 | |
Devon Energy Corp. | 577,374 | 6,276,055 | |
Diamond S Shipping, Inc. (a) | 39,114 | 320,344 | |
Diamondback Energy, Inc. | 238,036 | 9,273,883 | |
Dorian LPG Ltd. (a) | 31,234 | 263,615 | |
Earthstone Energy, Inc. (a) | 26,477 | 77,578 | |
EOG Resources, Inc. | 872,901 | 39,577,331 | |
EQT Corp. | 384,098 | 6,095,635 | |
Equitrans Midstream Corp. | 614,021 | 6,312,136 | |
Evolution Petroleum Corp. | 44,969 | 122,765 | |
Exxon Mobil Corp. | 6,329,564 | 252,802,786 | |
Falcon Minerals Corp. | 69,442 | 195,132 | |
Gevo, Inc. (a) | 276 | 345 | |
Goodrich Petroleum Corp. (a)(b) | 18,445 | 152,171 | |
Green Plains, Inc. (a)(b) | 46,753 | 625,555 | |
Gulfport Energy Corp. (a)(b) | 229,160 | 161,718 | |
Hallador Energy Co. | 21,030 | 16,235 | |
Hess Corp. | 392,830 | 18,085,893 | |
Highpoint Resources, Inc. (a)(b) | 167,127 | 52,561 | |
HollyFrontier Corp. | 224,444 | 5,357,478 | |
Houston American Energy Corp. (a)(b) | 2,058 | 2,840 | |
International Seaways, Inc. | 41,158 | 698,040 | |
Kinder Morgan, Inc. | 2,902,513 | 40,112,730 | |
Kosmos Energy Ltd. (b) | 559,712 | 822,777 | |
Laredo Petroleum, Inc. (a)(b) | 13,824 | 226,022 | |
Lonestar Resources U.S., Inc. (a)(b) | 24,365 | 7,236 | |
Magnolia Oil & Gas Corp. Class A (a) | 159,778 | 1,028,970 | |
Marathon Oil Corp. | 1,163,112 | 6,141,231 | |
Marathon Petroleum Corp. | 977,387 | 34,658,143 | |
Matador Resources Co. (a)(b) | 164,247 | 1,598,123 | |
Montage Resources Corp. (a) | 42,162 | 217,556 | |
Murphy Oil Corp. (b) | 216,574 | 2,975,727 | |
NACCO Industries, Inc. Class A | 5,538 | 113,529 | |
Nextdecade Corp. (a)(b) | 20,714 | 27,550 | |
Noble Energy, Inc. | 722,298 | 7,186,865 | |
Northern Oil & Gas, Inc. (a)(b) | 342,903 | 232,660 | |
Oasis Petroleum, Inc. (a)(b) | 446,034 | 247,727 | |
Occidental Petroleum Corp. | 1,349,879 | 17,197,458 | |
ONEOK, Inc. | 659,629 | 18,126,605 | |
Overseas Shipholding Group, Inc. (a) | 101,293 | 213,728 | |
Ovintiv, Inc. (b) | 385,582 | 4,272,249 | |
Pacific Ethanol, Inc. (a) | 70,032 | 277,327 | |
Panhandle Royalty Co. Class A (b) | 22,781 | 43,056 | |
Par Pacific Holdings, Inc. (a) | 57,186 | 496,374 | |
Parsley Energy, Inc. Class A (b) | 479,900 | 5,158,925 | |
PBF Energy, Inc. Class A (b) | 149,587 | 1,280,465 | |
PDC Energy, Inc. (a) | 143,052 | 2,165,807 | |
Peabody Energy Corp. (b) | 124,567 | 325,120 | |
Penn Virginia Corp. (a)(b) | 21,684 | 247,631 | |
Phillips 66 Co. | 652,209 | 38,134,660 | |
Pioneer Natural Resources Co. | 248,188 | 25,794,179 | |
PrimeEnergy Corp. (a) | 89 | 5,984 | |
QEP Resources, Inc. | 376,545 | 489,509 | |
Range Resources Corp. (b) | 308,328 | 2,300,127 | |
Renewable Energy Group, Inc. (a)(b) | 56,590 | 1,891,804 | |
Rex American Resources Corp. (a) | 8,946 | 552,684 | |
Ring Energy, Inc. (a)(b) | 91,164 | 62,466 | |
SandRidge Energy, Inc. (a) | 51,200 | 80,896 | |
SilverBow Resources, Inc. (a)(b) | 8,845 | 43,694 | |
SM Energy Co. (b) | 175,603 | 426,715 | |
Southwestern Energy Co. (a)(b) | 827,417 | 2,300,219 | |
Talos Energy, Inc. (a) | 36,205 | 271,900 | |
Targa Resources Corp. | 349,133 | 5,938,752 | |
Tellurian, Inc. (a)(b) | 144,246 | 133,976 | |
Tengasco, Inc. (a) | 889 | 925 | |
The Williams Companies, Inc. | 1,815,913 | 37,698,354 | |
Torchlight Energy Resources, Inc. (a)(b) | 65,282 | 20,113 | |
TransAtlantic Petroleum Ltd. (a)(b) | 12,963 | 3,250 | |
U.S. Energy Corp. (a)(b) | 159 | 890 | |
Uranium Energy Corp. (a)(b) | 262,731 | 302,141 | |
VAALCO Energy, Inc. (a) | 66,191 | 70,162 | |
Valero Energy Corp. | 612,923 | 32,233,621 | |
Vertex Energy, Inc. (a)(b) | 12,570 | 7,165 | |
W&T Offshore, Inc. (a)(b) | 145,172 | 323,734 | |
World Fuel Services Corp. | 88,764 | 2,343,370 | |
WPX Energy, Inc. (a) | 614,433 | 3,416,247 | |
Zion Oil & Gas, Inc. (a)(b) | 177,996 | 55,464 | |
1,015,662,016 | |||
TOTAL ENERGY | 1,126,367,922 | ||
FINANCIALS - 10.1% | |||
Banks - 3.5% | |||
1st Constitution Bancorp | 12,298 | 149,667 | |
1st Source Corp. | 26,578 | 915,612 | |
ACNB Corp. | 13,074 | 274,815 | |
Allegiance Bancshares, Inc. (b) | 31,797 | 808,280 | |
Amalgamated Bank | 27,901 | 328,395 | |
American National Bankshares, Inc. | 20,045 | 451,814 | |
Ameris Bancorp | 100,938 | 2,475,000 | |
Ames National Corp. | 10,393 | 207,340 | |
Arrow Financial Corp. | 20,756 | 594,659 | |
Associated Banc-Corp. | 244,732 | 3,289,198 | |
Atlantic Capital Bancshares, Inc. (a) | 42,615 | 491,564 | |
Auburn National Bancorp., Inc. | 4,890 | 199,414 | |
Banc of California, Inc. | 68,841 | 756,563 | |
BancFirst Corp. (b) | 30,737 | 1,352,428 | |
Bancorp, Inc., Delaware (a) | 88,961 | 845,130 | |
BancorpSouth Bank | 147,835 | 3,190,279 | |
Bank First National Corp. (b) | 9,513 | 593,611 | |
Bank of America Corp. | 11,681,399 | 300,679,210 | |
Bank of Commerce Holdings | 20,467 | 150,432 | |
Bank of Hawaii Corp. (b) | 62,404 | 3,434,716 | |
Bank of Marin Bancorp | 20,310 | 646,467 | |
Bank OZK | 181,232 | 4,175,585 | |
BankFinancial Corp. | 24,120 | 175,111 | |
BankUnited, Inc. | 122,699 | 2,868,703 | |
Bankwell Financial Group, Inc. | 14,320 | 223,392 | |
Banner Corp. | 50,809 | 1,835,221 | |
Bar Harbor Bankshares | 20,966 | 424,771 | |
BayCom Corp. (a) | 21,104 | 244,490 | |
BCB Bancorp, Inc. | 12,517 | 101,951 | |
Berkshire Hills Bancorp, Inc. | 70,707 | 649,090 | |
BOK Financial Corp. | 43,451 | 2,439,339 | |
Boston Private Financial Holdings, Inc. | 134,374 | 798,182 | |
Bridge Bancorp, Inc. | 35,132 | 702,991 | |
Brookline Bancorp, Inc., Delaware | 128,152 | 1,230,259 | |
Bryn Mawr Bank Corp. | 31,986 | 868,100 | |
Business First Bancshares, Inc. | 17,207 | 248,985 | |
Byline Bancorp, Inc. | 38,982 | 492,732 | |
C & F Financial Corp. | 3,911 | 125,035 | |
Cadence Bancorp Class A | 199,446 | 1,894,737 | |
Cambridge Bancorp | 8,776 | 481,276 | |
Camden National Corp. | 24,121 | 787,671 | |
Capital Bancorp, Inc. (a) | 18,695 | 194,615 | |
Capital City Bank Group, Inc. | 19,094 | 387,035 | |
Capstar Financial Holdings, Inc. | 23,862 | 243,154 | |
Carter Bank & Trust | 39,415 | 279,452 | |
Cathay General Bancorp | 118,126 | 2,916,531 | |
CB Financial Services, Inc. | 5,665 | 105,369 | |
CBTX, Inc. | 31,653 | 498,535 | |
Central Pacific Financial Corp. | 48,026 | 743,923 | |
Central Valley Community Bancorp | 22,607 | 271,962 | |
Century Bancorp, Inc. Class A (non-vtg.) | 5,679 | 400,086 | |
Chemung Financial Corp. | 5,246 | 150,613 | |
CIT Group, Inc. | 145,267 | 2,857,402 | |
Citigroup, Inc. | 3,119,153 | 159,451,101 | |
Citizens & Northern Corp. | 25,247 | 432,734 | |
Citizens Financial Group, Inc. | 629,949 | 16,296,781 | |
City Holding Co. | 27,137 | 1,736,225 | |
Civista Bancshares, Inc. | 27,243 | 363,694 | |
CNB Financial Corp., Pennsylvania | 25,443 | 405,816 | |
Coastal Financial Corp. of Washington (a) | 15,353 | 211,104 | |
Codorus Valley Bancorp, Inc. | 17,470 | 225,363 | |
Colony Bankcorp, Inc. | 9,980 | 109,780 | |
Columbia Banking Systems, Inc. | 105,338 | 2,939,984 | |
Comerica, Inc. | 200,855 | 7,939,798 | |
Commerce Bancshares, Inc. (b) | 151,617 | 9,031,825 | |
Community Bank System, Inc. (b) | 80,246 | 4,828,402 | |
Community Bankers Trust Corp. | 17,049 | 87,461 | |
Community Financial Corp. | 6,525 | 145,116 | |
Community Trust Bancorp, Inc. | 26,983 | 870,741 | |
ConnectOne Bancorp, Inc. | 47,609 | 719,848 | |
County Bancorp, Inc. | 7,793 | 150,405 | |
CrossFirst Bankshares, Inc. (a)(b) | 11,708 | 108,065 | |
Cullen/Frost Bankers, Inc. | 84,084 | 5,840,475 | |
Customers Bancorp, Inc. (a) | 49,238 | 628,769 | |
CVB Financial Corp. | 190,232 | 3,464,125 | |
Eagle Bancorp, Inc. | 46,969 | 1,351,768 | |
East West Bancorp, Inc. | 207,436 | 7,629,496 | |
Enterprise Bancorp, Inc. | 10,967 | 238,313 | |
Enterprise Financial Services Corp. | 44,300 | 1,325,013 | |
Equity Bancshares, Inc. (a) | 23,730 | 377,307 | |
Esquire Financial Holdings, Inc. (a) | 9,982 | 164,703 | |
Evans Bancorp, Inc. | 4,444 | 101,323 | |
Farmers & Merchants Bancorp, Inc. | 13,108 | 282,477 | |
Farmers National Banc Corp. | 47,695 | 556,124 | |
FB Financial Corp. (b) | 47,177 | 1,273,779 | |
Fidelity D & D Bancorp, Inc. | 5,673 | 256,533 | |
Fifth Third Bancorp | 1,062,040 | 21,941,746 | |
Financial Institutions, Inc. | 21,594 | 372,065 | |
First Bancorp, North Carolina | 47,869 | 978,921 | |
First Bancorp, Puerto Rico | 345,031 | 1,977,028 | |
First Bancshares, Inc. | 28,005 | 600,427 | |
First Bank Hamilton New Jersey | 17,697 | 115,384 | |
First Busey Corp. | 79,715 | 1,420,123 | |
First Business Finance Services, Inc. | 8,017 | 124,264 | |
First Capital, Inc. (b) | 5,994 | 366,054 | |
First Choice Bancorp | 11,465 | 162,230 | |
First Citizens Bancshares, Inc. | 12,043 | 4,734,705 | |
First Commonwealth Financial Corp. | 159,221 | 1,305,612 | |
First Community Bankshares, In | 21,841 | 420,221 | |
First Community Corp. | 13,413 | 170,077 | |
First Financial Bancorp, Ohio | 157,189 | 2,156,633 | |
First Financial Bankshares, Inc. | 211,129 | 6,391,930 | |
First Financial Corp., Indiana | 19,406 | 667,372 | |
First Financial Northwest, Inc. | 2,998 | 28,721 | |
First Foundation, Inc. | 63,218 | 960,281 | |
First Hawaiian, Inc. | 203,557 | 3,364,797 | |
First Horizon National Corp. | 765,700 | 7,312,435 | |
First Internet Bancorp | 13,430 | 196,212 | |
First Interstate Bancsystem, Inc. | 56,998 | 1,869,534 | |
First Merchants Corp. | 88,198 | 2,256,105 | |
First Mid-Illinois Bancshares, Inc. | 24,657 | 642,068 | |
First Midwest Bancorp, Inc., Delaware | 170,171 | 2,120,331 | |
First Northwest Bancorp | 20,578 | 228,416 | |
First of Long Island Corp. | 34,821 | 535,025 | |
First Republic Bank | 257,165 | 29,036,500 | |
First Savings Financial Group, Inc. | 2,434 | 105,879 | |
First United Corp. | 6,102 | 69,868 | |
First Western Financial, Inc. (a)(b) | 10,890 | 147,560 | |
Flushing Financial Corp. | 42,143 | 511,195 | |
FNB Corp., Pennsylvania | 500,022 | 3,750,165 | |
FNCM Bancorp, Inc. | 19,280 | 112,788 | |
Franklin Financial Services Corp. | 7,585 | 180,826 | |
Fulton Financial Corp. (b) | 258,587 | 2,528,981 | |
FVCBankcorp, Inc. (a) | 20,878 | 220,054 | |
German American Bancorp, Inc. | 38,595 | 1,094,168 | |
Glacier Bancorp, Inc. | 134,908 | 4,733,247 | |
Great Southern Bancorp, Inc. | 19,882 | 766,252 | |
Great Western Bancorp, Inc. | 87,930 | 1,224,865 | |
Guaranty Bancshares, Inc. Texas | 14,733 | 389,688 | |
Hancock Whitney Corp. (b) | 111,624 | 2,233,596 | |
Hanmi Financial Corp. | 51,858 | 494,207 | |
HarborOne Bancorp, Inc. | 87,218 | 754,436 | |
Hawthorn Bancshares, Inc. | 7,315 | 134,011 | |
HBT Financial, Inc. | 18,682 | 221,382 | |
Heartland Financial U.S.A., Inc. | 52,731 | 1,815,528 | |
Heritage Commerce Corp. | 91,990 | 637,491 | |
Heritage Financial Corp., Washington | 57,962 | 1,155,762 | |
Hilltop Holdings, Inc. | 111,396 | 2,294,758 | |
Home Bancshares, Inc. | 244,039 | 3,955,872 | |
HomeTrust Bancshares, Inc. | 25,814 | 362,170 | |
Hope Bancorp, Inc. | 166,102 | 1,405,223 | |
Horizon Bancorp, Inc. Indiana | 69,522 | 777,256 | |
Howard Bancorp, Inc. (a) | 24,716 | 242,464 | |
Huntington Bancshares, Inc. | 1,508,649 | 14,196,387 | |
Independent Bank Corp. | 39,569 | 589,974 | |
Independent Bank Corp., Massachusetts | 49,076 | 3,084,427 | |
Independent Bank Group, Inc. | 57,686 | 2,682,399 | |
International Bancshares Corp. (b) | 81,336 | 2,568,591 | |
Investar Holding Corp. | 17,521 | 238,286 | |
Investors Bancorp, Inc. | 296,654 | 2,299,069 | |
JPMorgan Chase & Co. | 4,562,421 | 457,108,960 | |
KeyCorp | 1,452,788 | 17,898,348 | |
Lakeland Bancorp, Inc. | 82,725 | 879,367 | |
Lakeland Financial Corp. | 41,964 | 1,917,335 | |
LCNB Corp. | 17,540 | 257,136 | |
Level One Bancorp, Inc. | 9,927 | 159,825 | |
Live Oak Bancshares, Inc. | 44,662 | 990,603 | |
M&T Bank Corp. | 190,567 | 19,677,948 | |
Macatawa Bank Corp. | 33,702 | 246,699 | |
Mackinac Financial Corp. | 9,259 | 92,775 | |
Mainstreet Bancshares, Inc. (a) | 12,877 | 165,083 | |
Malvern Bancorp, Inc. (a) | 4,294 | 53,031 | |
Mercantil Bank Holding Corp. Class A (a) | 38,468 | 505,854 | |
Mercantile Bank Corp. | 23,459 | 512,345 | |
Metrocity Bankshares, Inc. | 22,856 | 311,756 | |
Metropolitan Bank Holding Corp. (a) | 12,518 | 387,682 | |
Mid Penn Bancorp, Inc. | 10,648 | 204,868 | |
Middlefield Banc Corp. | 10,954 | 208,126 | |
Midland States Bancorp, Inc. | 31,097 | 454,327 | |
MidWestOne Financial Group, Inc. | 20,934 | 397,537 | |
MVB Financial Corp. | 16,558 | 235,124 | |
National Bank Holdings Corp. | 45,385 | 1,290,749 | |
National Bankshares, Inc. | 10,351 | 257,015 | |
NBT Bancorp, Inc. | 71,153 | 2,168,032 | |
Nicolet Bankshares, Inc. (a)(b) | 13,677 | 820,894 | |
Northeast Bank | 9,096 | 169,731 | |
Northrim Bancorp, Inc. | 11,189 | 301,096 | |
Norwood Financial Corp. | 5,360 | 132,660 | |
OceanFirst Financial Corp. | 93,902 | 1,465,810 | |
OFG Bancorp | 85,323 | 1,095,547 | |
Ohio Valley Banc Corp. | 2,970 | 67,716 | |
Old National Bancorp, Indiana | 235,154 | 3,287,453 | |
Old Point Financial Corp. | 1,327 | 20,768 | |
Old Second Bancorp, Inc. | 33,292 | 271,996 | |
Origin Bancorp, Inc. | 32,572 | 771,305 | |
Orrstown Financial Services, Inc. | 17,921 | 246,772 | |
Pacific City Financial Corp. | 21,803 | 208,219 | |
Pacific Mercantile Bancorp (a) | 23,933 | 88,791 | |
Pacific Premier Bancorp, Inc. | 127,947 | 2,890,323 | |
PacWest Bancorp | 173,455 | 3,309,521 | |
Park National Corp. | 22,600 | 2,031,966 | |
Parke Bancorp, Inc. | 12,173 | 149,728 | |
Peapack-Gladstone Financial Corp. | 24,512 | 416,704 | |
Penns Woods Bancorp, Inc. | 11,259 | 233,624 | |
People's Utah Bancorp | 24,792 | 511,211 | |
Peoples Bancorp of North Carolina | 2,990 | 50,830 | |
Peoples Bancorp, Inc. | 27,094 | 572,767 | |
Peoples Financial Services Corp. | 8,541 | 311,234 | |
Peoples United Financial, Inc. | 618,837 | 6,547,295 | |
Pinnacle Financial Partners, Inc. | 105,611 | 4,219,159 | |
PNC Financial Services Group, Inc. | 629,913 | 70,046,326 | |
Popular, Inc. | 131,168 | 4,858,463 | |
Preferred Bank, Los Angeles | 21,586 | 807,316 | |
Premier Financial Bancorp, Inc. | 22,021 | 282,309 | |
Prosperity Bancshares, Inc. | 137,817 | 7,513,783 | |
QCR Holdings, Inc. | 21,933 | 657,332 | |
RBB Bancorp | 15,932 | 206,638 | |
Red River Bancshares, Inc. | 5,419 | 235,835 | |
Regions Financial Corp. | 1,416,562 | 16,375,457 | |
Reliant Bancorp, Inc. | 16,054 | 232,783 | |
Renasant Corp. | 79,224 | 2,009,913 | |
Republic Bancorp, Inc., Kentucky Class A | 15,356 | 472,351 | |
Republic First Bancorp, Inc. (a) | 81,890 | 171,150 | |
Richmond Mutual Bancorp., Inc. | 20,485 | 231,890 | |
S&T Bancorp, Inc. (b) | 63,212 | 1,276,566 | |
Sandy Spring Bancorp, Inc. | 60,606 | 1,449,696 | |
Seacoast Banking Corp., Florida (a) | 80,780 | 1,634,987 | |
Select Bancorp, Inc. New (a) | 33,142 | 253,536 | |
ServisFirst Bancshares, Inc. (b) | 73,308 | 2,686,738 | |
Shore Bancshares, Inc. (b) | 14,735 | 143,666 | |
Sierra Bancorp | 20,538 | 367,014 | |
Signature Bank | 81,315 | 7,889,994 | |
Silvergate Capital Corp. (a) | 4,555 | 68,006 | |
Simmons First National Corp. Class A | 159,414 | 2,721,197 | |
SmartFinancial, Inc. | 23,618 | 325,220 | |
South Plains Financial, Inc. | 4,215 | 60,190 | |
South State Corp. | 105,859 | 5,894,229 | |
Southern First Bancshares, Inc. (a) | 13,815 | 357,809 | |
Southern National Bancorp of Virginia, Inc. | 27,408 | 234,338 | |
Southside Bancshares, Inc. | 52,500 | 1,446,638 | |
Spirit of Texas Bancshares, Inc. (a) | 21,188 | 264,850 | |
Sterling Bancorp | 267,237 | 3,118,656 | |
Stock Yards Bancorp, Inc. (b) | 33,969 | 1,458,289 | |
Summit Financial Group, Inc. | 14,847 | 218,993 | |
SVB Financial Group (a) | 77,275 | 19,734,490 | |
Synovus Financial Corp. | 213,802 | 4,675,850 | |
TCF Financial Corp. | 231,177 | 6,214,038 | |
Texas Capital Bancshares, Inc. (a) | 77,859 | 2,521,853 | |
The Bank of Princeton | 5,641 | 109,887 | |
The First Bancorp, Inc. | 12,524 | 266,511 | |
Tompkins Financial Corp. | 19,875 | 1,315,328 | |
TowneBank | 104,104 | 1,845,764 | |
Trico Bancshares | 43,601 | 1,207,312 | |
TriState Capital Holdings, Inc. (a) | 38,139 | 530,132 | |
Triumph Bancorp, Inc. (a)(b) | 38,167 | 1,090,050 | |
Truist Financial Corp. | 2,021,228 | 78,443,859 | |
Trustmark Corp. | 102,169 | 2,398,928 | |
U.S. Bancorp | 2,053,884 | 74,761,378 | |
UMB Financial Corp. | 67,514 | 3,626,852 | |
Umpqua Holdings Corp. | 337,848 | 3,810,925 | |
Union Bankshares Corp. | 120,149 | 2,794,666 | |
Union Bankshares, Inc. | 1,287 | 24,929 | |
United Bankshares, Inc., West Virginia (b) | 190,911 | 4,990,414 | |
United Community Bank, Inc. | 123,873 | 2,244,579 | |
United Security Bancshares, California | 17,486 | 106,490 | |
Unity Bancorp, Inc. | 4,170 | 55,378 | |
Univest Corp. of Pennsylvania | 49,412 | 795,039 | |
Valley National Bancorp | 576,049 | 4,326,128 | |
Veritex Holdings, Inc. | 76,727 | 1,379,551 | |
Washington Trust Bancorp, Inc. | 25,038 | 835,768 | |
Webster Financial Corp. | 121,207 | 3,333,193 | |
Wells Fargo & Co. | 5,587,703 | 134,943,027 | |
WesBanco, Inc. | 103,229 | 2,293,748 | |
West Bancorp., Inc. | 30,067 | 529,179 | |
Westamerica Bancorp. | 42,647 | 2,595,496 | |
Western Alliance Bancorp. | 134,263 | 4,739,484 | |
Wintrust Financial Corp. | 89,386 | 3,890,079 | |
Zions Bancorp NA | 245,694 | 7,901,519 | |
1,784,507,009 | |||
Capital Markets - 2.6% | |||
Affiliated Managers Group, Inc. | 69,409 | 4,764,928 | |
Ameriprise Financial, Inc. | 182,259 | 28,578,211 | |
Apollo Global Management LLC Class A | 308,731 | 14,470,222 | |
Ares Management Corp. | 113,872 | 4,606,122 | |
Artisan Partners Asset Management, Inc. | 84,647 | 3,276,685 | |
Ashford, Inc. (a) | 2,235 | 15,274 | |
Assetmark Financial Holdings, Inc. (a) | 19,920 | 481,068 | |
Associated Capital Group, Inc. | 5,126 | 198,120 | |
B. Riley Financial, Inc. | 23,337 | 624,965 | |
Bank of New York Mellon Corp. | 1,204,433 | 44,539,932 | |
BGC Partners, Inc. Class A | 460,975 | 1,161,657 | |
BlackRock, Inc. Class A | 231,224 | 137,390,989 | |
Blucora, Inc. (a)(b) | 80,325 | 958,277 | |
BrightSphere Investment Group, Inc. | 93,432 | 1,294,968 | |
Carlyle Group LP (b) | 173,452 | 4,476,796 | |
Cboe Global Markets, Inc. | 165,185 | 15,162,331 | |
Charles Schwab Corp. | 1,715,731 | 60,959,922 | |
CME Group, Inc. | 537,108 | 94,461,184 | |
Cohen & Co., Inc.(a) | 486 | 8,763 | |
Cohen & Steers, Inc. | 33,197 | 2,008,419 | |
Cowen Group, Inc. Class A (b) | 43,911 | 794,350 | |
Diamond Hill Investment Group, Inc. | 5,519 | 683,859 | |
Donnelley Financial Solutions, Inc. (a) | 44,719 | 487,437 | |
E*TRADE Financial Corp. | 331,406 | 17,929,065 | |
Eaton Vance Corp. (non-vtg.) | 164,276 | 6,738,602 | |
Evercore, Inc. Class A | 61,585 | 3,810,880 | |
FactSet Research Systems, Inc. | 56,870 | 19,927,248 | |
Federated Hermes, Inc. Class B (non-vtg.) | 140,289 | 3,354,310 | |
Focus Financial Partners, Inc. Class A (a) | 47,365 | 1,676,247 | |
Franklin Resources, Inc. | 415,913 | 8,759,128 | |
GAMCO Investors, Inc. Class A (b) | 5,653 | 71,341 | |
Goldman Sachs Group, Inc. | 464,026 | 95,065,007 | |
Great Elm Capital Group, Inc. (a) | 40,893 | 102,641 | |
Greenhill & Co., Inc. | 26,271 | 294,761 | |
Hamilton Lane, Inc. Class A | 43,813 | 3,203,168 | |
Houlihan Lokey | 73,940 | 4,332,884 | |
Interactive Brokers Group, Inc. | 114,763 | 6,084,734 | |
Intercontinental Exchange, Inc. | 820,550 | 87,167,027 | |
INTL FCStone, Inc. (a) | 25,151 | 1,426,062 | |
Invesco Ltd. | 553,358 | 5,644,252 | |
Janus Henderson Group PLC (b) | 234,905 | 4,867,232 | |
KKR & Co. LP | 843,802 | 30,224,988 | |
Lazard Ltd. Class A | 172,137 | 5,451,579 | |
LPL Financial | 117,231 | 9,631,699 | |
Manning & Napier, Inc. Class A | 15,374 | 65,801 | |
MarketAxess Holdings, Inc. | 56,871 | 27,635,894 | |
Moelis & Co. Class A (b) | 81,227 | 2,591,954 | |
Moody's Corp. | 241,589 | 71,181,783 | |
Morgan Stanley | 1,791,366 | 93,616,787 | |
Morningstar, Inc. | 31,355 | 5,021,503 | |
MSCI, Inc. | 127,340 | 47,532,202 | |
Northern Trust Corp. | 311,673 | 25,522,902 | |
Och-Ziff Capital Management Group LLC Class A | 27,311 | 348,761 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 13,623 | 332,810 | |
Piper Jaffray Companies | 22,374 | 1,688,118 | |
PJT Partners, Inc. | 31,263 | 1,850,144 | |
Pzena Investment Management, Inc. | 24,334 | 120,453 | |
Raymond James Financial, Inc. | 181,694 | 13,757,870 | |
S&P Global, Inc. | 360,786 | 132,199,206 | |
Safeguard Scientifics, Inc. | 30,517 | 190,426 | |
SEI Investments Co. | 186,143 | 9,746,447 | |
Silvercrest Asset Management Group Class A (b) | 4,236 | 53,119 | |
State Street Corp. | 528,557 | 35,989,446 | |
Stifel Financial Corp. | 102,430 | 5,194,225 | |
T. Rowe Price Group, Inc. | 340,549 | 47,407,826 | |
TD Ameritrade Holding Corp. | 397,429 | 15,253,325 | |
The Blackstone Group LP | 1,002,742 | 53,095,189 | |
The NASDAQ OMX Group, Inc. | 173,253 | 23,288,668 | |
Tradeweb Markets, Inc. Class A (b) | 114,603 | 6,565,606 | |
U.S. Global Investments, Inc. Class A | 5,385 | 19,925 | |
Victory Capital Holdings, Inc. | 20,662 | 359,312 | |
Virtu Financial, Inc. Class A | 116,655 | 3,013,199 | |
Virtus Investment Partners, Inc. | 11,492 | 1,630,715 | |
Waddell & Reed Financial, Inc. Class A (b) | 100,931 | 1,589,663 | |
Westwood Holdings Group, Inc. | 11,777 | 134,022 | |
WisdomTree Investments, Inc. (b) | 197,212 | 737,573 | |
1,364,902,208 | |||
Consumer Finance - 0.5% | |||
Ally Financial, Inc. | 558,515 | 12,778,823 | |
American Express Co. | 990,133 | 100,587,611 | |
Asta Funding, Inc. (a) | 3,151 | 41,121 | |
Atlanticus Holdings Corp. (a) | 8,957 | 76,135 | |
Capital One Financial Corp. | 678,304 | 46,823,325 | |
Consumer Portfolio Services, Inc. (a) | 8,413 | 27,258 | |
Credit Acceptance Corp. (a)(b) | 19,622 | 7,589,790 | |
CURO Group Holdings Corp. | 22,480 | 173,096 | |
Discover Financial Services | 455,801 | 24,193,917 | |
Elevate Credit, Inc. (a)(b) | 23,656 | 46,602 | |
Encore Capital Group, Inc. (a)(b) | 43,356 | 1,991,775 | |
Enova International, Inc. (a) | 43,941 | 750,512 | |
EZCORP, Inc. (non-vtg.) Class A (a) | 87,514 | 470,825 | |
First Cash Financial Services, Inc. (b) | 64,236 | 3,838,101 | |
Green Dot Corp. Class A (a) | 73,212 | 3,811,417 | |
LendingClub Corp. (a) | 85,748 | 457,037 | |
LendingTree, Inc. (a)(b) | 11,578 | 3,576,907 | |
Medallion Financial Corp. (a)(b) | 35,405 | 95,948 | |
Navient Corp. | 256,705 | 2,333,448 | |
Nelnet, Inc. Class A | 29,958 | 1,961,949 | |
Nicholas Financial, Inc. (a) | 4,023 | 32,385 | |
OneMain Holdings, Inc. | 111,794 | 3,250,970 | |
Oportun Financial Corp. (a)(b) | 7,876 | 98,844 | |
PRA Group, Inc. (a) | 67,372 | 3,144,588 | |
Regional Management Corp. (a) | 14,951 | 273,454 | |
Santander Consumer U.S.A. Holdings, Inc. | 143,343 | 2,466,933 | |
SLM Corp. | 563,340 | 4,303,918 | |
Synchrony Financial | 801,945 | 19,896,255 | |
World Acceptance Corp. (a)(b) | 9,227 | 839,565 | |
245,932,509 | |||
Diversified Financial Services - 1.3% | |||
Alerus Financial Corp. (b) | 3,141 | 64,673 | |
Berkshire Hathaway, Inc. Class B (a) | 2,914,272 | 635,427,867 | |
Cannae Holdings, Inc. (a) | 128,650 | 4,853,965 | |
Equitable Holdings, Inc. | 603,742 | 12,793,293 | |
Jefferies Financial Group, Inc. | 334,621 | 5,869,252 | |
Marlin Business Services Corp. | 9,946 | 66,638 | |
On Deck Capital, Inc. (a) | 82,892 | 134,285 | |
Rafael Holdings, Inc. (a) | 15,784 | 274,957 | |
Voya Financial, Inc. (b) | 190,244 | 9,875,566 | |
669,360,496 | |||
Insurance - 2.0% | |||
AFLAC, Inc. | 1,077,584 | 39,137,851 | |
Alleghany Corp. | 21,164 | 11,736,708 | |
Allstate Corp. | 468,613 | 43,581,009 | |
AMBAC Financial Group, Inc. (a)(b) | 74,773 | 944,383 | |
American Equity Investment Life Holding Co. (b) | 140,016 | 3,347,783 | |
American Financial Group, Inc. | 110,774 | 7,405,242 | |
American International Group, Inc. | 1,280,871 | 37,324,581 | |
American National Group, Inc. | 13,385 | 1,004,009 | |
Amerisafe, Inc. | 30,908 | 2,062,491 | |
Aon PLC | 346,410 | 69,278,536 | |
Arch Capital Group Ltd. (a) | 608,818 | 19,202,120 | |
Argo Group International Holdings, Ltd. | 54,072 | 2,008,234 | |
Arthur J. Gallagher & Co. | 284,917 | 30,001,760 | |
Assurant, Inc. | 88,536 | 10,762,436 | |
Assured Guaranty Ltd. | 126,080 | 2,704,416 | |
Athene Holding Ltd. (a) | 177,102 | 6,474,849 | |
Atlas Financial Holdings, Inc. (a) | 6,598 | 2,562 | |
Axis Capital Holdings Ltd. | 123,322 | 5,889,859 | |
Brighthouse Financial, Inc. (a) | 139,062 | 4,221,922 | |
Brown & Brown, Inc. | 350,344 | 16,255,962 | |
BRP Group, Inc. (a)(b) | 47,875 | 1,317,041 | |
Chubb Ltd. | 675,419 | 84,427,375 | |
Cincinnati Financial Corp. | 226,793 | 18,009,632 | |
Citizens, Inc. Class A (a)(b) | 89,528 | 523,739 | |
CNA Financial Corp. | 38,205 | 1,229,055 | |
CNO Financial Group, Inc. (b) | 204,025 | 3,325,608 | |
Crawford & Co.: | |||
Class A | 27,890 | 191,325 | |
Class B | 22,240 | 154,790 | |
Donegal Group, Inc. Class A | 13,169 | 190,029 | |
eHealth, Inc. (a)(b) | 38,888 | 2,454,611 | |
Employers Holdings, Inc. | 40,277 | 1,312,225 | |
Enstar Group Ltd. (a) | 22,349 | 4,000,248 | |
Erie Indemnity Co. Class A (b) | 27,659 | 5,903,537 | |
Everest Re Group Ltd. | 60,097 | 13,226,148 | |
FBL Financial Group, Inc. Class A | 18,247 | 676,051 | |
Fednat Holding Co. | 13,703 | 116,338 | |
First American Financial Corp. | 167,548 | 8,807,998 | |
FNF Group | 434,081 | 14,250,879 | |
Genworth Financial, Inc. Class A (a) | 751,339 | 2,269,044 | |
Globe Life, Inc. | 146,222 | 12,060,391 | |
Goosehead Insurance (b) | 19,457 | 1,999,401 | |
Greenlight Capital Re, Ltd. (a)(b) | 42,770 | 310,938 | |
Hallmark Financial Services, Inc. (a) | 25,240 | 84,302 | |
Hanover Insurance Group, Inc. | 56,773 | 5,818,665 | |
Hartford Financial Services Group, Inc. | 535,983 | 21,680,512 | |
HCI Group, Inc. | 12,250 | 670,320 | |
Heritage Insurance Holdings, Inc. | 42,440 | 553,842 | |
Horace Mann Educators Corp. | 58,468 | 2,283,760 | |
Independence Holding Co. | 11,293 | 395,255 | |
Investors Title Co. | 2,136 | 290,624 | |
James River Group Holdings Ltd. | 41,994 | 2,045,528 | |
Kemper Corp. | 92,262 | 7,165,067 | |
Kingstone Companies, Inc. | 8,338 | 49,778 | |
Kinsale Capital Group, Inc. | 31,576 | 6,543,494 | |
Lincoln National Corp. | 288,203 | 10,389,718 | |
Loews Corp. | 361,230 | 12,953,708 | |
Maiden Holdings Ltd. (a) | 88,227 | 112,048 | |
Markel Corp. (a) | 20,705 | 22,502,815 | |
Marsh & McLennan Companies, Inc. | 765,386 | 87,950,505 | |
MBIA, Inc. (a)(b) | 87,116 | 706,511 | |
Mercury General Corp. | 42,755 | 1,912,431 | |
MetLife, Inc. | 1,157,730 | 44,526,296 | |
National General Holdings Corp. | 103,198 | 3,513,892 | |
National Western Life Group, Inc. | 3,721 | 818,583 | |
NI Holdings, Inc. (a) | 9,696 | 158,239 | |
Old Republic International Corp. | 428,040 | 6,895,724 | |
Palomar Holdings, Inc. (a) | 27,298 | 3,066,930 | |
Primerica, Inc. | 61,568 | 7,686,765 | |
Principal Financial Group, Inc. | 380,592 | 16,026,729 | |
ProAssurance Corp. | 84,701 | 1,297,619 | |
Progressive Corp. | 877,925 | 83,437,992 | |
ProSight Global, Inc. (a) | 13,713 | 129,999 | |
Protective Insurance Corp. Class B | 10,441 | 149,933 | |
Prudential Financial, Inc. | 591,086 | 40,057,898 | |
Reinsurance Group of America, Inc. | 101,157 | 9,274,074 | |
RenaissanceRe Holdings Ltd. | 75,425 | 13,858,590 | |
RLI Corp. | 60,688 | 5,691,928 | |
Safety Insurance Group, Inc. | 23,858 | 1,727,319 | |
Selective Insurance Group, Inc. | 87,882 | 5,256,222 | |
State Auto Financial Corp. | 29,517 | 455,447 | |
Stewart Information Services Corp. | 32,513 | 1,387,330 | |
The Travelers Companies, Inc. | 378,837 | 43,960,245 | |
Third Point Reinsurance Ltd. (a) | 134,065 | 1,147,596 | |
Tiptree, Inc. | 23,381 | 131,869 | |
Trupanion, Inc. (a)(b) | 45,362 | 2,845,558 | |
United Fire Group, Inc. | 35,603 | 896,484 | |
United Insurance Holdings Corp. | 35,027 | 265,154 | |
Universal Insurance Holdings, Inc. | 51,189 | 949,556 | |
Unum Group | 301,963 | 5,580,276 | |
W.R. Berkley Corp. | 212,456 | 13,182,895 | |
Watford Holdings Ltd. (a) | 8,623 | 137,968 | |
White Mountains Insurance Group Ltd. | 4,541 | 4,047,847 | |
Willis Towers Watson PLC | 192,763 | 39,618,579 | |
1,032,393,535 | |||
Mortgage Real Estate Investment Trusts - 0.1% | |||
AG Mortgage Investment Trust, Inc. (b) | 52,136 | 144,938 | |
AGNC Investment Corp. | 834,911 | 11,780,594 | |
Annaly Capital Management, Inc. | 2,136,218 | 15,701,202 | |
Anworth Mortgage Asset Corp. | 223,146 | 386,043 | |
Apollo Commercial Real Estate Finance, Inc. | 204,244 | 1,825,941 | |
Arbor Realty Trust, Inc. | 154,025 | 1,743,563 | |
Ares Commercial Real Estate Corp. | 43,548 | 433,738 | |
Arlington Asset Investment Corp. | 70,553 | 191,904 | |
Armour Residential REIT, Inc. | 103,020 | 998,264 | |
Blackstone Mortgage Trust, Inc. | 221,023 | 5,253,717 | |
Broadmark Realty Capital, Inc. (b) | 191,059 | 1,872,378 | |
Capstead Mortgage Corp. | 145,853 | 899,913 | |
Cherry Hill Mortgage Investment Corp. | 22,382 | 213,972 | |
Chimera Investment Corp. | 301,988 | 2,684,673 | |
Colony NorthStar Credit Real Estate, Inc. | 139,768 | 841,403 | |
Dynex Capital, Inc. | 34,158 | 541,063 | |
Ellington Financial LLC (b) | 62,011 | 772,657 | |
Ellington Residential Mortgage REIT | 10,958 | 124,483 | |
Exantas Capital Corp. | 44,506 | 103,699 | |
Granite Point Mortgage Trust, Inc. | 86,838 | 576,604 | |
Great Ajax Corp. | 33,703 | 307,371 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 103,015 | 4,374,017 | |
Hunt Companies Finance Trust, Inc. | 4,306 | 10,851 | |
Invesco Mortgage Capital, Inc. (b) | 277,012 | 831,036 | |
KKR Real Estate Finance Trust, Inc. (b) | 41,076 | 747,583 | |
Ladder Capital Corp. Class A | 149,130 | 1,111,019 | |
MFA Financial, Inc. | 697,011 | 1,867,989 | |
New Residential Investment Corp. | 649,619 | 5,028,051 | |
New York Mortgage Trust, Inc. | 574,195 | 1,515,875 | |
Orchid Island Capital, Inc. (b) | 79,824 | 407,901 | |
PennyMac Mortgage Investment Trust | 162,510 | 2,785,421 | |
Redwood Trust, Inc. | 177,667 | 1,231,232 | |
Starwood Property Trust, Inc. | 414,056 | 6,459,274 | |
TPG RE Finance Trust, Inc. | 88,580 | 781,276 | |
Tremont Mortgage Trust | 13,468 | 39,461 | |
Two Harbors Investment Corp. (b) | 384,801 | 2,097,165 | |
Western Asset Mortgage Capital Corp. (b) | 74,393 | 168,872 | |
ZAIS Financial Corp. | 56,185 | 574,773 | |
77,429,916 | |||
Thrifts & Mortgage Finance - 0.1% | |||
Axos Financial, Inc. (a) | 83,286 | 2,063,827 | |
Bridgewater Bancshares, Inc. (a) | 40,020 | 388,994 | |
Capitol Federal Financial, Inc. | 229,629 | 2,144,735 | |
Columbia Financial, Inc. (a) | 85,902 | 916,574 | |
Dime Community Bancshares, Inc. | 53,353 | 688,254 | |
ESSA Bancorp, Inc. | 14,301 | 183,053 | |
Essent Group Ltd. (b) | 167,818 | 5,991,103 | |
Farmer Mac Class C (non-vtg.) | 16,086 | 1,096,261 | |
First Defiance Financial Corp. | 64,010 | 1,169,783 | |
Flagstar Bancorp, Inc. | 61,471 | 1,931,419 | |
FS Bancorp, Inc. | 6,824 | 270,367 | |
Hingham Institution for Savings (b) | 2,406 | 441,164 | |
Home Bancorp, Inc. | 10,333 | 249,645 | |
HomeStreet, Inc. | 39,771 | 1,088,532 | |
Impac Mortgage Holdings, Inc. (a) | 16,166 | 24,572 | |
Kearny Financial Corp. | 132,541 | 1,028,518 | |
Luther Burbank Corp. | 21,747 | 202,030 | |
Merchants Bancorp/IN | 23,973 | 488,570 | |
Meridian Bancorp, Inc. Maryland | 90,786 | 1,056,749 | |
Meta Financial Group, Inc. | 55,244 | 1,065,104 | |
MGIC Investment Corp. | 506,320 | 4,642,954 | |
MMA Capital Management, LLC (a)(b) | 7,609 | 178,659 | |
New York Community Bancorp, Inc. | 679,292 | 6,147,593 | |
NMI Holdings, Inc. (a) | 124,340 | 2,132,431 | |
Northfield Bancorp, Inc. | 70,493 | 680,962 | |
Northwest Bancshares, Inc. | 196,549 | 1,987,110 | |
Ocwen Financial Corp. (a) | 10,663 | 202,810 | |
OP Bancorp | 28,065 | 171,197 | |
PCSB Financial Corp. | 32,661 | 414,141 | |
PDL Community Bancorp (a) | 12,371 | 100,329 | |
Pennymac Financial Services, Inc. | 63,826 | 3,364,907 | |
Pioneer Bancorp, Inc. (a) | 18,130 | 145,765 | |
Provident Bancorp, Inc. | 5,332 | 41,483 | |
Provident Financial Holdings, Inc. | 2,162 | 25,749 | |
Provident Financial Services, Inc. | 105,608 | 1,391,913 | |
Radian Group, Inc. | 297,265 | 4,589,772 | |
Riverview Bancorp, Inc. | 36,754 | 151,794 | |
Rocket Cos., Inc. (a)(b) | 150,900 | 4,225,200 | |
Sachem Capital Corp. | 9,633 | 34,197 | |
Security National Financial Corp. Class A | 9,836 | 62,164 | |
Southern Missouri Bancorp, Inc. | 9,211 | 218,116 | |
Sterling Bancorp, Inc. | 31,816 | 94,494 | |
Territorial Bancorp, Inc. | 9,340 | 197,634 | |
TFS Financial Corp. | 69,901 | 1,079,970 | |
Timberland Bancorp, Inc. | 9,834 | 171,997 | |
Trustco Bank Corp., New York | 156,982 | 935,613 | |
Walker & Dunlop, Inc. | 43,623 | 2,389,668 | |
Washington Federal, Inc. | 114,473 | 2,684,392 | |
Waterstone Financial, Inc. | 41,813 | 647,683 | |
Westfield Financial, Inc. (b) | 30,118 | 154,204 | |
WMI Holdings Corp. (a) | 114,129 | 2,091,414 | |
WSFS Financial Corp. | 81,255 | 2,380,772 | |
66,226,341 | |||
TOTAL FINANCIALS | 5,240,752,014 | ||
HEALTH CARE - 14.1% | |||
Biotechnology - 2.8% | |||
89Bio, Inc. (a) | 9,764 | 375,914 | |
AbbVie, Inc. | 2,642,167 | 253,040,334 | |
Abeona Therapeutics, Inc. (a)(b) | 99,135 | 232,967 | |
ACADIA Pharmaceuticals, Inc. (a)(b) | 174,824 | 6,921,282 | |
Acceleron Pharma, Inc. (a) | 77,474 | 7,551,391 | |
Acorda Therapeutics, Inc. (a)(b) | 62,376 | 34,700 | |
Actinium Pharmaceuticals, Inc. (a)(b) | 16,114 | 133,907 | |
Adamas Pharmaceuticals, Inc. (a) | 27,046 | 140,098 | |
ADMA Biologics, Inc. (a)(b) | 84,044 | 214,312 | |
Aduro Biotech, Inc. (a) | 72,901 | 225,993 | |
Advaxis, Inc. (a) | 79,002 | 39,177 | |
Adverum Biotechnologies, Inc. (a) | 120,853 | 1,474,407 | |
Aeglea BioTherapeutics, Inc. (a)(b) | 30,911 | 224,878 | |
Aevi Genomic Medicine, Inc. rights (a)(c) | 29,385 | 989 | |
Agenus, Inc. (a)(b) | 162,150 | 706,163 | |
AgeX Therapeutics, Inc. (a)(b) | 24,431 | 21,577 | |
Agios Pharmaceuticals, Inc. (a)(b) | 91,986 | 3,772,346 | |
Aimmune Therapeutics, Inc. (a)(b) | 65,956 | 2,257,014 | |
Akebia Therapeutics, Inc. (a) | 211,823 | 2,205,077 | |
Akero Therapeutics, Inc. (a) | 16,956 | 552,766 | |
Albireo Pharma, Inc. (a)(b) | 14,780 | 411,180 | |
Aldeyra Therapeutics, Inc. (a)(b) | 41,467 | 270,780 | |
Alector, Inc. (a)(b) | 58,179 | 751,673 | |
Alexion Pharmaceuticals, Inc. (a) | 330,131 | 37,707,563 | |
Alkermes PLC (a) | 242,861 | 4,016,921 | |
Allakos, Inc. (a)(b) | 35,943 | 3,219,774 | |
Allena Pharmaceuticals, Inc. (a)(b) | 13,108 | 17,696 | |
Allogene Therapeutics, Inc. (a)(b) | 95,462 | 3,403,220 | |
Alnylam Pharmaceuticals, Inc. (a) | 170,552 | 22,622,017 | |
Alpine Immune Sciences, Inc. (a) | 8,522 | 69,540 | |
Altimmune, Inc. (a)(b) | 18,490 | 311,926 | |
Amgen, Inc. | 881,783 | 223,373,270 | |
Amicus Therapeutics, Inc. (a)(b) | 381,678 | 5,572,499 | |
AnaptysBio, Inc. (a) | 40,696 | 705,262 | |
Anavex Life Sciences Corp. (a)(b) | 62,171 | 263,605 | |
Anika Therapeutics, Inc. (a)(b) | 21,663 | 830,343 | |
Anixa Biosciences, Inc. (a) | 17,792 | 35,228 | |
Apellis Pharmaceuticals, Inc. (a) | 80,063 | 2,468,342 | |
Applied Genetic Technologies Corp. (a) | 19,402 | 99,726 | |
Applied Therapeutics, Inc. (a)(b) | 12,680 | 305,588 | |
Aprea Therapeutics, Inc. (b) | 10,548 | 285,851 | |
Aptevo Therapeutics, Inc. (a) | 1,293 | 10,137 | |
Aptinyx, Inc. (a) | 40,709 | 134,747 | |
AquaBounty Technologies, Inc. (a) | 967 | 2,756 | |
AquaMed Technologies, Inc. (a)(c) | 439 | 0 | |
Aravive, Inc. (a)(b) | 19,699 | 112,284 | |
Arbutus Biopharma Corp. (a)(b) | 46,367 | 134,928 | |
Arcturus Therapeutics Holdings, Inc. (a) | 27,536 | 1,328,337 | |
Arcus Biosciences, Inc. (a)(b) | 62,238 | 1,481,264 | |
Arcutis Biotherapeutics, Inc. (a) | 20,047 | 502,578 | |
Ardelyx, Inc. (a) | 98,278 | 564,116 | |
Arena Pharmaceuticals, Inc. (a) | 82,493 | 5,759,661 | |
Arrowhead Pharmaceuticals, Inc. (a)(b) | 152,145 | 6,426,605 | |
Assembly Biosciences, Inc. (a)(b) | 45,323 | 991,214 | |
Atara Biotherapeutics, Inc. (a) | 88,228 | 1,189,313 | |
Athenex, Inc. (a)(b) | 77,296 | 888,131 | |
Athersys, Inc. (a)(b) | 234,097 | 510,331 | |
Atossa Therapeutics, Inc. (a)(b) | 24,498 | 62,470 | |
Atreca, Inc. (a)(b) | 14,410 | 204,910 | |
aTyr Pharma, Inc. (a) | 330 | 1,241 | |
AVEO Pharmaceuticals, Inc. (a) | 17,003 | 80,934 | |
Avid Bioservices, Inc. (a)(b) | 69,506 | 583,155 | |
AVROBIO, Inc. (a) | 33,104 | 573,361 | |
Beam Therapeutics, Inc. (b) | 14,668 | 368,313 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 5,352 | 31,844 | |
Bio Path Holdings, Inc. (a)(b) | 3,392 | 14,586 | |
Biocept, Inc. (a)(b) | 146,803 | 97,624 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 217,244 | 901,563 | |
Biogen, Inc. (a) | 244,361 | 70,287,998 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a) | 69,046 | 4,376,826 | |
BioMarin Pharmaceutical, Inc. (a) | 272,023 | 21,225,955 | |
Biospecifics Technologies Corp. (a) | 9,250 | 596,625 | |
BioTime, Inc. (a)(b) | 256,547 | 234,741 | |
BioXcel Therapeutics, Inc. (a)(b) | 19,681 | 802,001 | |
Black Diamond Therapeutics, Inc. (a)(b) | 21,600 | 621,432 | |
bluebird bio, Inc. (a) | 98,161 | 5,820,947 | |
Blueprint Medicines Corp. (a) | 80,964 | 6,269,043 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 47,537 | 599,442 | |
Brickell Biotech, Inc. (a) | 662 | 622 | |
Bridgebio Pharma, Inc. (a)(b) | 33,806 | 1,009,447 | |
Cabaletta Bio, Inc. (a)(b) | 14,463 | 152,585 | |
Calithera Biosciences, Inc. (a) | 84,055 | 338,742 | |
Calyxt, Inc. (a)(b) | 14,780 | 80,329 | |
Cancer Genetics, Inc. (a) | 228 | 1,224 | |
Capricor Therapeutics, Inc. (a)(b) | 14,626 | 88,195 | |
Cardiff Oncology, Inc. (a)(b) | 332 | 2,636 | |
CareDx, Inc. (a)(b) | 59,092 | 2,017,992 | |
CASI Pharmaceuticals, Inc. (a)(b) | 76,913 | 131,521 | |
Castle Biosciences, Inc. (a)(b) | 6,971 | 318,784 | |
Catabasis Pharmaceuticals, Inc. (a) | 17,858 | 117,863 | |
Catalyst Biosciences, Inc. (a)(b) | 16,360 | 85,399 | |
Catalyst Pharmaceutical Partners, Inc. (a) | 145,825 | 478,306 | |
Cel-Sci Corp. (a)(b) | 50,619 | 654,504 | |
Celcuity, Inc. (a) | 812 | 4,507 | |
Celldex Therapeutics, Inc. (a)(b) | 20,245 | 241,725 | |
Cellular Biomedicine Group, Inc. (a) | 16,128 | 299,658 | |
Celsion Corp. (a)(b) | 7,523 | 6,940 | |
Checkpoint Therapeutics, Inc. (a)(b) | 46,405 | 101,163 | |
ChemoCentryx, Inc. (a) | 73,411 | 3,927,489 | |
Chimerix, Inc. (a) | 68,012 | 191,114 | |
Cidara Therapeutics, Inc. (a) | 43,932 | 139,704 | |
Cleveland Biolabs, Inc. (a) | 1,253 | 2,331 | |
Clovis Oncology, Inc. (a)(b) | 126,526 | 659,200 | |
CohBar, Inc. (a)(b) | 61,277 | 57,171 | |
Coherus BioSciences, Inc. (a)(b) | 98,164 | 1,862,171 | |
Concert Pharmaceuticals, Inc. (a) | 23,551 | 226,561 | |
Constellation Pharmaceuticals, Inc. (a) | 34,551 | 727,299 | |
ContraFect Corp. (a) | 17,449 | 95,446 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 88,284 | 819,717 | |
Cortexyme, Inc. (a)(b) | 8,894 | 391,069 | |
Corvus Pharmaceuticals, Inc. (a)(b) | 14,116 | 53,500 | |
Crinetics Pharmaceuticals, Inc. (a) | 11,668 | 187,038 | |
CTI BioPharma Corp. (a) | 66,932 | 74,295 | |
Cue Biopharma, Inc. (a) | 32,463 | 580,114 | |
Curis, Inc. (a) | 56,844 | 62,528 | |
Cyclacel Pharmaceuticals, Inc. (a) | 33 | 126 | |
Cyclerion Therapeutics, Inc. (a) | 24,354 | 166,094 | |
Cytokinetics, Inc. (a)(b) | 101,011 | 2,420,224 | |
CytomX Therapeutics, Inc. (a) | 73,662 | 537,733 | |
Deciphera Pharmaceuticals, Inc. (a) | 28,425 | 1,279,409 | |
Denali Therapeutics, Inc. (a)(b) | 117,204 | 3,738,808 | |
Dicerna Pharmaceuticals, Inc. (a) | 84,331 | 1,561,810 | |
Dyadic International, Inc. (a)(b) | 37,918 | 301,448 | |
Dynavax Technologies Corp. (a)(b) | 147,541 | 882,295 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 16,259 | 645,157 | |
Edge Therapeutics, Inc. (a) | 1,777 | 4,318 | |
Editas Medicine, Inc. (a)(b) | 92,841 | 3,270,788 | |
Eidos Therapeutics, Inc. (a)(b) | 8,851 | 383,071 | |
Eiger Biopharmaceuticals, Inc. (a) | 31,415 | 350,906 | |
Emergent BioSolutions, Inc. (a)(b) | 66,671 | 7,603,828 | |
Enanta Pharmaceuticals, Inc. (a) | 24,641 | 1,286,014 | |
Enochian Biosciences, Inc. (a)(b) | 27,857 | 113,657 | |
Epizyme, Inc. (a)(b) | 122,576 | 1,593,488 | |
Esperion Therapeutics, Inc. (a)(b) | 39,779 | 1,436,022 | |
Evelo Biosciences, Inc. (a)(b) | 9,900 | 43,956 | |
Exact Sciences Corp. (a) | 214,887 | 16,178,842 | |
Exelixis, Inc. (a) | 462,781 | 10,282,994 | |
Exicure, Inc. (a)(b) | 134,393 | 267,442 | |
Fate Therapeutics, Inc. (a) | 105,855 | 3,853,122 | |
FibroGen, Inc. (a)(b) | 123,011 | 5,514,583 | |
Five Prime Therapeutics, Inc. (a) | 54,292 | 231,827 | |
Flexion Therapeutics, Inc. (a)(b) | 49,493 | 577,088 | |
Forte Biosciences, Inc. (a) | 2,157 | 67,406 | |
Fortress Biotech, Inc. (a)(b) | 56,311 | 222,710 | |
Frequency Therapeutics, Inc. (b) | 8,177 | 158,143 | |
G1 Therapeutics, Inc. (a)(b) | 44,778 | 687,342 | |
Galectin Therapeutics, Inc. (a)(b) | 62,698 | 166,150 | |
Galera Therapeutics, Inc. (a)(b) | 4,354 | 34,005 | |
Genocea Biosciences, Inc. (a)(b) | 33,261 | 80,492 | |
Genprex, Inc. (a)(b) | 25,317 | 100,255 | |
Geron Corp. (a)(b) | 514,145 | 1,053,997 | |
Gilead Sciences, Inc. | 1,879,158 | 125,433,797 | |
Global Blood Therapeutics, Inc. (a)(b) | 92,706 | 5,820,083 | |
GlycoMimetics, Inc. (a) | 51,855 | 191,345 | |
Gossamer Bio, Inc. (a)(b) | 60,706 | 843,813 | |
Gritstone Oncology, Inc. (a)(b) | 27,989 | 92,644 | |
Halozyme Therapeutics, Inc. (a) | 169,266 | 4,907,868 | |
Harpoon Therapeutics, Inc. (a) | 6,512 | 89,605 | |
Heat Biologics, Inc. (a) | 109,202 | 137,595 | |
Hemispherx Biopharma, Inc. (a)(b) | 36,509 | 82,145 | |
Heron Therapeutics, Inc. (a)(b) | 125,748 | 1,798,196 | |
Histogen, Inc. (a) | 2,577 | 5,154 | |
Homology Medicines, Inc. (a) | 37,410 | 397,668 | |
Hookipa Pharma, Inc. (a)(b) | 8,657 | 77,394 | |
iBio, Inc. (a)(b) | 149,846 | 313,178 | |
Idera Pharmaceuticals, Inc. (a)(b) | 27,689 | 57,593 | |
IGM Biosciences, Inc. (a)(b) | 19,696 | 846,928 | |
Immunic, Inc. (a) | 971 | 15,585 | |
ImmunoGen, Inc. (a) | 270,119 | 999,440 | |
Immunomedics, Inc. (a)(b) | 317,173 | 14,133,229 | |
Immunovant, Inc. (a) | 38,561 | 1,309,532 | |
Incyte Corp. (a) | 269,433 | 25,959,870 | |
Infinity Pharmaceuticals, Inc. (a) | 58,399 | 64,823 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 222,420 | 2,666,816 | |
Insmed, Inc. (a) | 151,266 | 4,264,189 | |
Intellia Therapeutics, Inc. (a)(b) | 62,446 | 1,347,585 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 40,911 | 2,040,641 | |
Invitae Corp. (a)(b) | 170,533 | 5,961,834 | |
Ionis Pharmaceuticals, Inc. (a) | 192,096 | 10,469,232 | |
Iovance Biotherapeutics, Inc. (a) | 202,368 | 6,744,925 | |
Ironwood Pharmaceuticals, Inc. Class A(a)(b) | 243,544 | 2,459,794 | |
IsoRay, Inc. (a)(b) | 40,230 | 26,439 | |
Iveric Bio, Inc. (a)(b) | 54,438 | 244,427 | |
Jounce Therapeutics, Inc. (a)(b) | 25,391 | 122,892 | |
Kadmon Holdings, Inc. (a) | 212,838 | 1,064,190 | |
Kalvista Pharmaceuticals, Inc. (a) | 15,671 | 205,290 | |
Karuna Therapeutics, Inc. (a)(b) | 16,264 | 1,242,570 | |
Karyopharm Therapeutics, Inc. (a) | 90,353 | 1,374,269 | |
Keros Therapeutics, Inc. (b) | 10,745 | 575,287 | |
Kezar Life Sciences, Inc. (a) | 45,922 | 223,181 | |
Kindred Biosciences, Inc. (a) | 54,058 | 268,128 | |
Kiniksa Pharmaceuticals Ltd. (a)(b) | 16,055 | 283,692 | |
Kodiak Sciences, Inc. (a)(b) | 35,172 | 1,849,695 | |
Krystal Biotech, Inc. (a) | 16,753 | 800,961 | |
Kura Oncology, Inc. (a) | 64,690 | 1,610,134 | |
La Jolla Pharmaceutical Co. (a)(b) | 30,025 | 126,105 | |
Larimar Therapeutics, Inc. (a)(b) | 3,934 | 48,428 | |
Leap Therapeutics, Inc. (a) | 42,530 | 74,002 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 90,027 | 157,547 | |
Ligand Pharmaceuticals, Inc. Class B (a)(b) | 24,014 | 2,449,428 | |
LogicBio Therapeutics, Inc. (a) | 12,282 | 77,377 | |
Macrogenics, Inc. (a) | 77,289 | 2,236,744 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 12,649 | 1,362,297 | |
Magenta Therapeutics, Inc. (a) | 27,280 | 198,326 | |
MannKind Corp. (a)(b) | 293,583 | 510,834 | |
Marker Therapeutics, Inc. (a)(b) | 44,737 | 80,527 | |
Matinas BioPharma Holdings, Inc. (a)(b) | 194,366 | 152,014 | |
MediciNova, Inc. (a)(b) | 60,896 | 319,095 | |
MEI Pharma, Inc. (a) | 133,578 | 363,332 | |
Merrimack Pharmaceuticals, Inc. | 15,717 | 64,911 | |
Mersana Therapeutics, Inc. (a) | 79,918 | 1,531,229 | |
Minerva Neurosciences, Inc. (a)(b) | 45,867 | 145,857 | |
Miragen Therapeutics, Inc. (a)(b) | 27,850 | 25,786 | |
Mirati Therapeutics, Inc. (a) | 57,019 | 8,516,928 | |
Mirum Pharmaceuticals, Inc. (a)(b) | 12,900 | 334,884 | |
Moderna, Inc. (a)(b) | 442,890 | 28,739,132 | |
Molecular Templates, Inc. (a) | 41,328 | 479,818 | |
Moleculin Biotech, Inc. (a) | 26,434 | 23,177 | |
Momenta Pharmaceuticals, Inc. (a) | 172,203 | 8,983,831 | |
Morphic Holding, Inc. (a)(b) | 11,469 | 303,929 | |
Mustang Bio, Inc. (a) | 51,963 | 169,919 | |
Myriad Genetics, Inc. (a) | 116,550 | 1,558,274 | |
NanoViricides, Inc. (a) | 8,252 | 32,760 | |
NantKwest, Inc. (a)(b) | 53,596 | 391,251 | |
Natera, Inc. (a) | 95,888 | 6,109,024 | |
Navidea Biopharmaceuticals, Inc. (a) | 7,141 | 21,209 | |
Neoleukin Therapeutics, Inc. (a)(b) | 48,042 | 610,614 | |
Neubase Therapeutics, Inc. (a) | 1,139 | 9,146 | |
Neurobo Pharmaceuticals, Inc. (a)(b) | 380 | 2,310 | |
Neurobo Pharmaceuticals, Inc. rights (a)(c) | 9,504 | 0 | |
Neurocrine Biosciences, Inc. (a) | 141,119 | 16,429,074 | |
Neurotrope, Inc. (a) | 5,457 | 5,894 | |
NewLink Genetics Corp. (a)(b) | 3,251 | 49,578 | |
NextCure, Inc. (a)(b) | 17,599 | 158,215 | |
Novavax, Inc. (a)(b) | 87,442 | 9,648,350 | |
Ocugen, Inc. (a)(b) | 961 | 335 | |
OncoCyte Corp. (a) | 42,540 | 53,175 | |
OncoSec Medical, Inc. (a)(b) | 9,506 | 33,556 | |
Oncternal Therapeutics, Inc. (a) | 2,063 | 4,394 | |
Oncternal Therapeutics, Inc. rights (a)(c) | 2,146 | 0 | |
Opko Health, Inc. (a)(b) | 641,657 | 2,078,969 | |
Oragenics, Inc. (a)(b) | 704 | 514 | |
Organogenesis Holdings, Inc. Class A (a) | 26,298 | 113,213 | |
Organovo Holdings, Inc. (a)(b) | 11,895 | 108,482 | |
ORIC Pharmaceuticals, Inc. (a)(b) | 15,734 | 394,137 | |
Outlook Therapeutics, Inc. (a)(b) | 7,165 | 4,729 | |
OvaScience, Inc. (a)(b) | 11,776 | 21,315 | |
Ovid Therapeutics, Inc. (a)(b) | 46,991 | 269,728 | |
Oyster Point Pharma, Inc. (a)(b) | 6,469 | 147,234 | |
Palatin Technologies, Inc. (a)(b) | 273,268 | 151,035 | |
Passage Bio, Inc. (b) | 22,599 | 374,239 | |
PDL BioPharma, Inc. (a) | 218,274 | 731,218 | |
Pfenex, Inc. (a) | 49,615 | 621,676 | |
PhaseBio Pharmaceuticals, Inc. (a)(b) | 26,632 | 102,800 | |
Pieris Pharmaceuticals, Inc. (a)(b) | 79,436 | 227,187 | |
Polarityte, Inc. (a)(b) | 26,836 | 32,472 | |
Precigen, Inc. (a)(b) | 109,166 | 660,454 | |
Precision BioSciences, Inc. (a) | 23,892 | 134,751 | |
Prevail Therapeutics, Inc. (a) | 11,879 | 145,518 | |
Principia Biopharma, Inc. (a) | 29,009 | 2,901,190 | |
Protagonist Therapeutics, Inc. (a) | 34,266 | 767,558 | |
Protara Therapeutics, Inc. (a) | 97 | 2,076 | |
Proteostasis Therapeutics, Inc. (a)(b) | 58,487 | 78,957 | |
Prothena Corp. PLC (a) | 66,285 | 859,054 | |
PTC Therapeutics, Inc. (a)(b) | 97,641 | 4,825,906 | |
Puma Biotechnology, Inc. (a)(b) | 56,522 | 581,611 | |
Radius Health, Inc. (a) | 68,394 | 846,718 | |
RAPT Therapeutics, Inc. (a) | 4,681 | 124,515 | |
Recro Pharma, Inc. (a) | 26,670 | 73,343 | |
Regeneron Pharmaceuticals, Inc. (a) | 151,264 | 93,773,092 | |
REGENXBIO, Inc. (a) | 50,153 | 1,530,670 | |
Regulus Therapeutics, Inc. (a)(b) | 5,043 | 2,673 | |
Repligen Corp. (a) | 71,645 | 11,098,527 | |
Replimune Group, Inc. (a) | 13,783 | 372,141 | |
Retrophin, Inc. (a) | 64,592 | 1,265,357 | |
Revolution Medicines, Inc. | 27,309 | 773,937 | |
Rexahn Pharmaceuticals, Inc. (a) | 2,486 | 5,668 | |
Rhythm Pharmaceuticals, Inc. (a)(b) | 45,703 | 1,348,696 | |
Rigel Pharmaceuticals, Inc. (a) | 264,536 | 658,695 | |
Rocket Pharmaceuticals, Inc. (a)(b) | 50,751 | 1,297,703 | |
Rubius Therapeutics, Inc. (a)(b) | 57,068 | 274,782 | |
Sage Therapeutics, Inc. (a) | 81,184 | 4,257,289 | |
Salarius Pharmaceuticals, Inc. (a)(b) | 287 | 270 | |
Salarius Pharmaceuticals, Inc. rights (a)(c) | 7,499 | 922 | |
Sangamo Therapeutics, Inc. (a)(b) | 179,540 | 1,981,224 | |
Sarepta Therapeutics, Inc. (a)(b) | 113,063 | 16,554,684 | |
Savara, Inc. (a) | 39,095 | 57,079 | |
Scholar Rock Holding Corp. (a) | 28,218 | 426,092 | |
Seattle Genetics, Inc. (a) | 174,727 | 27,666,273 | |
Selecta Biosciences, Inc. (a) | 48,675 | 126,555 | |
Seneca Biopharma, Inc. (a)(b) | 289 | 199 | |
Seres Therapeutics, Inc. (a) | 92,545 | 2,451,517 | |
Sesen Bio, Inc. (a) | 103,975 | 107,094 | |
Soleno Therapeutics, Inc. (a)(b) | 27,507 | 58,865 | |
Solid Biosciences, Inc. (a)(b) | 20,178 | 48,225 | |
Soligenix, Inc. (a)(b) | 23,654 | 46,598 | |
Sorrento Therapeutics, Inc. (a)(b) | 243,274 | 1,948,625 | |
Spectrum Pharmaceuticals, Inc. (a) | 167,060 | 703,323 | |
Spero Therapeutics, Inc. (a)(b) | 14,529 | 157,930 | |
Spring Bank Pharmaceuticals, Inc. (a) | 6,449 | 8,319 | |
Springworks Therapeutics, Inc. (a)(b) | 15,791 | 701,278 | |
Stoke Therapeutics, Inc. (a)(b) | 15,403 | 452,386 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 90,938 | 25,281 | |
Surface Oncology, Inc. (a) | 7,134 | 46,371 | |
Sutro Biopharma, Inc. (a) | 10,399 | 104,094 | |
Syndax Pharmaceuticals, Inc. (a) | 32,453 | 529,308 | |
Synlogic, Inc. (a) | 30,139 | 66,306 | |
Synthetic Biologics, Inc. (a) | 1,708 | 1,091 | |
Syros Pharmaceuticals, Inc. (a)(b) | 56,014 | 742,186 | |
T2 Biosystems, Inc. (a)(b) | 140,770 | 219,601 | |
TCR2 Therapeutics, Inc. (a) | 23,812 | 481,479 | |
TG Therapeutics, Inc. (a)(b) | 141,520 | 3,510,404 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 290 | 548 | |
Translate Bio, Inc. (a)(b) | 89,694 | 1,263,788 | |
Trevena, Inc. (a)(b) | 127,215 | 225,171 | |
Turning Point Therapeutics, Inc. (a) | 30,182 | 2,359,629 | |
Twist Bioscience Corp. (a) | 45,667 | 3,193,493 | |
Tyme, Inc. (a)(b) | 58,665 | 59,252 | |
Ultragenyx Pharmaceutical, Inc. (a)(b) | 85,066 | 7,235,714 | |
United Therapeutics Corp. (a) | 67,843 | 7,256,487 | |
UNITY Biotechnology, Inc. (a)(b) | 45,725 | 143,577 | |
Unum Therapeutics, Inc. (a) | 11,491 | 32,864 | |
Unum Therapeutics, Inc. rights (a)(c) | 11,491 | 0 | |
Vanda Pharmaceuticals, Inc. (a)(b) | 81,321 | 836,793 | |
Vaxart, Inc. (a)(b) | 92,997 | 551,472 | |
VBI Vaccines, Inc. (a)(b) | 337,139 | 1,436,212 | |
Veracyte, Inc. (a) | 74,633 | 2,486,025 | |
Verastem, Inc. (a)(b) | 174,347 | 219,677 | |
Vericel Corp. (a) | 66,657 | 1,056,513 | |
Vertex Pharmaceuticals, Inc. (a) | 390,032 | 108,865,732 | |
Viela Bio, Inc. (b) | 14,193 | 478,162 | |
Viking Therapeutics, Inc. (a)(b) | 103,485 | 692,315 | |
VistaGen Therapeutics, Inc. (a)(b) | 15,774 | 11,042 | |
Voyager Therapeutics, Inc. (a)(b) | 41,094 | 484,498 | |
vTv Therapeutics, Inc. Class A (a)(b) | 39,197 | 81,530 | |
X4 Pharmaceuticals, Inc. (a) | 23,599 | 197,760 | |
Xbiotech, Inc. (a)(b) | 22,587 | 427,346 | |
Xencor, Inc. (a) | 79,324 | 2,835,833 | |
XOMA Corp. (a)(b) | 9,681 | 184,133 | |
Y-mAbs Therapeutics, Inc. (a) | 26,295 | 1,131,474 | |
Yield10 Bioscience, Inc. (a) | 12 | 61 | |
Zentalis Pharmaceuticals, Inc. (b) | 17,630 | 606,472 | |
ZIOPHARM Oncology, Inc. (a)(b) | 268,544 | 754,609 | |
1,464,331,010 | |||
Health Care Equipment & Supplies - 3.6% | |||
Abbott Laboratories | 2,651,159 | 290,222,376 | |
Abiomed, Inc. (a) | 67,760 | 20,844,331 | |
Accelerate Diagnostics, Inc. (a)(b) | 41,564 | 506,250 | |
Accuray, Inc. (a) | 142,466 | 331,946 | |
Akers Biosciences, Inc. (a) | 549 | 1,383 | |
Align Technology, Inc. (a) | 107,176 | 31,829,128 | |
Alphatec Holdings, Inc. (a) | 59,600 | 357,004 | |
Angiodynamics, Inc. (a) | 60,242 | 564,166 | |
Antares Pharma, Inc. (a) | 244,285 | 691,327 | |
Apollo Endosurgery, Inc. (a) | 72 | 102 | |
Aspira Women's Health, Inc. (a)(b) | 96,866 | 277,521 | |
Atricure, Inc. (a) | 66,323 | 2,966,628 | |
Atrion Corp. | 2,018 | 1,274,811 | |
Avanos Medical, Inc. (a)(b) | 70,008 | 2,268,259 | |
Avinger, Inc. (a)(b) | 3,961 | 1,920 | |
AxoGen, Inc. (a)(b) | 53,815 | 638,784 | |
Axonics Modulation Technologies, Inc. (a)(b) | 29,874 | 1,262,475 | |
Baxter International, Inc. | 762,533 | 66,393,748 | |
Becton, Dickinson & Co. | 442,236 | 107,361,634 | |
Bellerophon Therapeutics, Inc. (a) | 7,640 | 82,436 | |
Beyond Air, Inc. (a)(b) | 12,451 | 69,103 | |
BioLase Technology, Inc. (a) | 4,396 | 1,367 | |
BioLife Solutions, Inc. (a)(b) | 16,846 | 359,157 | |
BioSig Technologies, Inc. (a) | 30,625 | 226,931 | |
Boston Scientific Corp. (a) | 2,138,170 | 87,707,733 | |
Bovie Medical Corp. (a) | 40,988 | 188,135 | |
Cantel Medical Corp. | 56,410 | 2,960,397 | |
Cardiovascular Systems, Inc. (a) | 54,358 | 1,775,876 | |
Cerus Corp. (a) | 262,826 | 1,674,202 | |
Chembio Diagnostics, Inc. (a)(b) | 11,471 | 47,031 | |
Co.-Diagnostics, Inc. (a)(b) | 33,227 | 362,174 | |
ConforMis, Inc. (a)(b) | 98,971 | 70,269 | |
CONMED Corp. | 42,964 | 3,708,223 | |
Cryolife, Inc. (a)(b) | 50,383 | 1,018,744 | |
CryoPort, Inc. (a)(b) | 53,006 | 2,940,773 | |
Cutera, Inc. (a) | 20,410 | 334,112 | |
CytoSorbents Corp. (a)(b) | 35,335 | 298,227 | |
Danaher Corp. | 943,740 | 194,853,998 | |
Dare Bioscience, Inc. (a) | 12,167 | 13,140 | |
Dentsply Sirona, Inc. | 330,275 | 14,819,439 | |
DexCom, Inc. (a) | 138,327 | 58,845,689 | |
Edwards Lifesciences Corp. (a) | 927,898 | 79,650,764 | |
Ekso Bionics Holdings, Inc. (a) | 5,328 | 26,320 | |
electroCore, Inc. (a)(b) | 9,972 | 17,650 | |
Electromed, Inc. (a) | 6,101 | 75,530 | |
ENDRA Life Sciences, Inc. (a)(b) | 2,359 | 1,934 | |
Envista Holdings Corp. (a) | 237,856 | 5,706,165 | |
Fonar Corp. (a) | 12,634 | 320,525 | |
Genmark Diagnostics, Inc. (a) | 92,107 | 1,194,628 | |
Glaukos Corp. (a)(b) | 59,529 | 2,847,272 | |
Globus Medical, Inc. (a) | 113,278 | 6,402,473 | |
Haemonetics Corp. (a)(b) | 75,513 | 6,770,496 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 18,755 | 9,357 | |
Heska Corp. (a)(b) | 11,472 | 1,188,499 | |
Hill-Rom Holdings, Inc. (b) | 100,934 | 9,466,600 | |
Hologic, Inc. (a) | 389,401 | 23,255,028 | |
ICU Medical, Inc. (a) | 29,068 | 5,820,576 | |
IDEXX Laboratories, Inc. (a) | 127,378 | 49,812,441 | |
Inogen, Inc. (a) | 25,877 | 782,262 | |
Insulet Corp. (a) | 98,410 | 21,477,983 | |
Integer Holdings Corp. (a) | 48,108 | 3,331,960 | |
Integra LifeSciences Holdings Corp. (a) | 106,443 | 5,086,911 | |
IntriCon Corp. (a) | 10,604 | 128,733 | |
Intuitive Surgical, Inc. (a) | 174,756 | 127,718,675 | |
Invacare Corp. | 53,582 | 363,286 | |
InVivo Therapeutics Holdings Corp. (a) | 44 | 59 | |
IRadimed Corp. (a) | 7,211 | 152,873 | |
iRhythm Technologies, Inc. (a)(b) | 40,930 | 9,011,967 | |
Iridex Corp. (a) | 3,436 | 7,113 | |
Kewaunee Scientific Corp. | 970 | 9,021 | |
Lantheus Holdings, Inc. (a) | 99,753 | 1,338,685 | |
LeMaitre Vascular, Inc. (b) | 27,378 | 883,762 | |
LivaNova PLC (a) | 72,105 | 3,381,725 | |
Masimo Corp. (a) | 74,675 | 16,727,200 | |
Medtronic PLC | 2,008,365 | 215,838,987 | |
Meridian Bioscience, Inc. (a) | 68,037 | 962,043 | |
Merit Medical Systems, Inc. (a)(b) | 83,628 | 4,106,135 | |
Mesa Laboratories, Inc. (b) | 5,747 | 1,413,302 | |
Microbot Medical, Inc. (a)(b) | 10,061 | 67,610 | |
Milestone Scientific, Inc. (a)(b) | 20,141 | 30,212 | |
Misonix, Inc. (a) | 20,700 | 273,033 | |
Motus GI Holdings, Inc. (a) | 46,375 | 49,621 | |
Myomo, Inc. (a) | 259 | 982 | |
Natus Medical, Inc. (a) | 54,010 | 980,822 | |
Neogen Corp. (a) | 80,107 | 6,104,153 | |
Neuronetics, Inc. (a) | 9,442 | 55,425 | |
Nevro Corp. (a) | 50,975 | 7,011,102 | |
NuVasive, Inc. (a)(b) | 78,100 | 4,071,353 | |
Obalon Therapeutics, Inc. (a)(b) | 532 | 458 | |
OraSure Technologies, Inc. (a) | 102,455 | 1,200,773 | |
Orthofix International NV (a) | 29,409 | 892,269 | |
OrthoPediatrics Corp. (a)(b) | 17,000 | 856,800 | |
Penumbra, Inc. (a) | 49,270 | 10,304,821 | |
Predictive Oncology, Inc. (a)(b) | 1,361 | 1,470 | |
Pulse Biosciences, Inc. (a)(b) | 19,002 | 187,930 | |
Pulse Biosciences, Inc. warrants 5/14/25 (a)(b) | 483 | 2,474 | |
Quidel Corp. (a) | 57,202 | 10,065,264 | |
Repro Medical Systems, Inc. (a)(b) | 30,290 | 263,220 | |
ResMed, Inc. | 217,181 | 39,261,981 | |
Retractable Technologies, Inc. (a) | 11,105 | 70,184 | |
Rockwell Medical Technologies, Inc. (a)(b) | 82,108 | 107,561 | |
RTI Biologics, Inc. (a) | 96,883 | 215,080 | |
Seaspine Holdings Corp. (a) | 32,323 | 430,219 | |
Second Sight Medical Products, Inc. (a)(b) | 4,133 | 3,398 | |
Senseonics Holdings, Inc. (a)(b) | 165,924 | 77,901 | |
Shockwave Medical, Inc. (a)(b) | 15,640 | 993,766 | |
SI-BONE, Inc. (a) | 30,711 | 670,114 | |
Sientra, Inc. (a) | 75,805 | 291,091 | |
Silk Road Medical, Inc. (a) | 20,008 | 1,220,088 | |
Sintx Technologies, Inc. (a) | 136 | 241 | |
SmileDirectClub, Inc. (a)(b) | 93,643 | 760,381 | |
Soliton, Inc. (a)(b) | 12,391 | 84,631 | |
Staar Surgical Co. (a) | 43,282 | 2,075,372 | |
Stereotaxis, Inc. (a) | 52,987 | 186,514 | |
STERIS PLC | 127,360 | 20,331,750 | |
STRATA Skin Sciences, Inc. (a) | 566 | 872 | |
Stryker Corp. | 483,476 | 95,805,604 | |
SurModics, Inc. (a) | 20,822 | 942,196 | |
Tactile Systems Technology, Inc. (a) | 29,463 | 1,132,263 | |
Tandem Diabetes Care, Inc. (a) | 85,748 | 9,665,515 | |
Tela Bio, Inc. (a)(b) | 2,661 | 37,919 | |
Teleflex, Inc. | 70,058 | 27,529,291 | |
The Cooper Companies, Inc. | 73,576 | 23,130,823 | |
Thermogenesis Holdings, Inc. (a) | 57 | 226 | |
TransEnterix, Inc. (a)(b) | 22,550 | 9,081 | |
TransMedics Group, Inc. (a) | 12,096 | 215,672 | |
Utah Medical Products, Inc. | 6,131 | 503,662 | |
Vapotherm, Inc. (a) | 27,510 | 855,836 | |
Varex Imaging Corp. (a)(b) | 60,791 | 674,172 | |
Varian Medical Systems, Inc. (a) | 135,468 | 23,526,728 | |
Venus Concept, Inc. (a)(b) | 16,173 | 46,417 | |
ViewRay, Inc. (a) | 174,160 | 473,715 | |
Viveve Medical, Inc. (a) | 320 | 196 | |
VolitionRx Ltd. (a)(b) | 47,170 | 159,906 | |
West Pharmaceutical Services, Inc. | 110,461 | 31,366,506 | |
Wright Medical Group NV (a) | 196,947 | 5,953,708 | |
Zimmer Biomet Holdings, Inc. | 310,729 | 43,775,502 | |
Zosano Pharma Corp. (a)(b) | 15,746 | 25,666 | |
Zynex, Inc. (a)(b) | 27,750 | 410,700 | |
1,880,882,129 | |||
Health Care Providers & Services - 2.5% | |||
1Life Healthcare, Inc. (a) | 44,110 | 1,286,689 | |
Acadia Healthcare Co., Inc. (a) | 130,864 | 4,045,006 | |
Addus HomeCare Corp. (a) | 20,640 | 1,933,142 | |
Amedisys, Inc. (a) | 48,592 | 11,754,405 | |
American Renal Associates Holdings, Inc. (a) | 26,470 | 178,408 | |
AmerisourceBergen Corp. | 221,845 | 21,525,620 | |
AMN Healthcare Services, Inc. (a) | 70,476 | 3,794,428 | |
Anthem, Inc. | 377,455 | 106,261,132 | |
Apollo Medical Holdings, Inc. (a)(b) | 38,534 | 727,907 | |
BioScrip, Inc. (a) | 56,986 | 662,177 | |
BioTelemetry, Inc. (a) | 46,475 | 1,839,481 | |
Brookdale Senior Living, Inc. (a) | 289,527 | 796,199 | |
Caladrius Biosciences, Inc. (a)(b) | 6,721 | 13,039 | |
Capital Senior Living Corp. (a)(b) | 37,902 | 26,535 | |
Cardinal Health, Inc. | 438,318 | 22,249,022 | |
Centene Corp. (a) | 867,057 | 53,167,935 | |
Chemed Corp. | 23,975 | 12,397,712 | |
Cigna Corp. | 551,993 | 97,906,998 | |
Community Health Systems, Inc. (a) | 183,182 | 947,051 | |
Corvel Corp. (a) | 11,507 | 955,311 | |
Covetrus, Inc. (a)(b) | 147,145 | 3,371,092 | |
Cross Country Healthcare, Inc. (a) | 52,702 | 336,766 | |
CVS Health Corp. | 1,957,931 | 121,626,674 | |
DaVita HealthCare Partners, Inc. (a) | 128,487 | 11,147,532 | |
DFB Healthcare Acquisitions Co. (a) | 6,174 | 131,074 | |
Encompass Health Corp. | 147,660 | 9,633,338 | |
Enzo Biochem, Inc. (a)(b) | 55,775 | 118,801 | |
Exagen, Inc. (a)(b) | 5,198 | 74,955 | |
Five Star Senior Living, Inc. (a)(b) | 29,657 | 153,327 | |
Fulgent Genetics, Inc. (a)(b) | 16,258 | 480,586 | |
Genesis HealthCare, Inc. Class A (a)(b) | 51,369 | 34,099 | |
Guardant Health, Inc. (a) | 78,684 | 7,514,322 | |
Hanger, Inc. (a) | 60,810 | 1,201,606 | |
HCA Holdings, Inc. | 393,447 | 53,398,627 | |
HealthEquity, Inc. (a) | 115,183 | 6,620,719 | |
Henry Schein, Inc. (a) | 215,563 | 14,322,006 | |
Humana, Inc. | 198,055 | 82,226,494 | |
InfuSystems Holdings, Inc. (a) | 19,452 | 283,027 | |
Interpace Diagnostics Group, Inc. (a)(b) | 5,524 | 19,334 | |
Laboratory Corp. of America Holdings (a) | 145,096 | 25,500,622 | |
LHC Group, Inc. (a) | 44,855 | 9,349,576 | |
Magellan Health Services, Inc. (a) | 34,113 | 2,574,167 | |
McKesson Corp. | 242,641 | 37,230,835 | |
MEDNAX, Inc. (a) | 133,341 | 2,477,476 | |
Molina Healthcare, Inc. (a) | 89,360 | 16,528,919 | |
National Healthcare Corp. | 15,296 | 974,355 | |
National Research Corp. Class A | 19,538 | 1,094,128 | |
Ontrak, Inc. (a)(b) | 7,445 | 543,113 | |
Owens & Minor, Inc. | 91,926 | 1,524,133 | |
Patterson Companies, Inc. (b) | 125,694 | 3,646,383 | |
Pennant Group, Inc. (a)(b) | 37,879 | 1,403,038 | |
PetIQ, Inc. Class A (a)(b) | 32,178 | 1,132,022 | |
Precipio, Inc. (a)(b) | 9,930 | 21,647 | |
Premier, Inc. (b) | 100,015 | 3,275,491 | |
Progyny, Inc. (a)(b) | 16,292 | 465,137 | |
Providence Service Corp. (a) | 17,298 | 1,601,622 | |
Psychemedics Corp. | 1,921 | 8,702 | |
Quest Diagnostics, Inc. | 199,519 | 22,194,494 | |
R1 RCM, Inc. (a) | 149,536 | 2,168,272 | |
RadNet, Inc. (a) | 64,454 | 929,427 | |
Select Medical Holdings Corp. (a) | 166,790 | 3,347,475 | |
Sharps Compliance Corp. (a)(b) | 8,947 | 68,310 | |
Surgery Partners, Inc. (a) | 30,711 | 586,273 | |
Tenet Healthcare Corp. (a) | 155,668 | 4,386,724 | |
The Ensign Group, Inc. | 75,923 | 4,444,532 | |
The Joint Corp. (a) | 16,388 | 292,690 | |
Tivity Health, Inc. (a) | 67,888 | 1,110,648 | |
Triple-S Management Corp. (b) | 40,675 | 756,555 | |
U.S. Physical Therapy, Inc. | 19,660 | 1,747,774 | |
UnitedHealth Group, Inc. | 1,421,372 | 444,249,819 | |
Universal Health Services, Inc. Class B | 117,235 | 12,936,882 | |
1,263,733,817 | |||
Health Care Technology - 0.3% | |||
Allscripts Healthcare Solutions, Inc. (a)(b) | 243,730 | 2,176,509 | |
Castlight Health, Inc. Class B (a) | 106,834 | 147,431 | |
Cerner Corp. | 456,659 | 33,505,071 | |
Change Healthcare, Inc. (a) | 327,317 | 4,631,536 | |
Computer Programs & Systems, Inc. | 19,541 | 534,642 | |
Evolent Health, Inc. (a)(b) | 117,656 | 1,686,010 | |
Health Catalyst, Inc. (a)(b) | 12,092 | 377,029 | |
HealthStream, Inc. (a) | 43,095 | 892,713 | |
HMS Holdings Corp. (a) | 135,625 | 3,782,581 | |
HTG Molecular Diagnostics (a)(b) | 45,075 | 16,678 | |
iCAD, Inc. (a) | 27,213 | 294,717 | |
Inovalon Holdings, Inc. Class A (a)(b) | 119,400 | 2,954,553 | |
Inspire Medical Systems, Inc. (a) | 23,173 | 2,768,015 | |
Livongo Health, Inc. (a) | 20,747 | 2,848,563 | |
NantHealth, Inc. (a)(b) | 40,006 | 127,219 | |
Nextgen Healthcare, Inc. (a) | 74,870 | 992,776 | |
Omnicell, Inc. (a) | 64,007 | 4,267,987 | |
OptimizeRx Corp. (a)(b) | 17,177 | 346,288 | |
Phreesia, Inc. (a) | 25,446 | 802,567 | |
Schrodinger, Inc. | 27,955 | 1,690,159 | |
Simulations Plus, Inc. | 17,387 | 1,035,917 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 32,153 | 1,626,942 | |
Teladoc Health, Inc. (a)(b) | 111,647 | 24,081,141 | |
Veeva Systems, Inc. Class A (a) | 201,934 | 56,999,910 | |
Vocera Communications, Inc. (a) | 50,551 | 1,414,922 | |
150,001,876 | |||
Life Sciences Tools & Services - 1.2% | |||
10X Genomics, Inc. (a) | 17,458 | 2,001,036 | |
Adaptive Biotechnologies Corp. (a) | 35,105 | 1,460,719 | |
Agilent Technologies, Inc. | 460,548 | 46,248,230 | |
Avantor, Inc. (a) | 667,397 | 15,063,150 | |
Bio-Rad Laboratories, Inc. Class A (a) | 32,357 | 16,456,447 | |
Bio-Techne Corp. | 57,683 | 14,735,699 | |
Bruker Corp. | 154,545 | 6,493,981 | |
Champions Oncology, Inc. (a) | 6,812 | 56,403 | |
Charles River Laboratories International, Inc. (a) | 74,688 | 16,352,938 | |
ChromaDex, Inc. (a)(b) | 54,643 | 270,483 | |
Codexis, Inc. (a)(b) | 76,381 | 1,054,058 | |
Fluidigm Corp. (a)(b) | 109,331 | 858,248 | |
Harvard Bioscience, Inc. (a) | 37,493 | 125,602 | |
Illumina, Inc. (a) | 220,065 | 78,611,619 | |
IQVIA Holdings, Inc. (a) | 266,630 | 43,660,663 | |
Luminex Corp. | 63,609 | 1,697,724 | |
Medpace Holdings, Inc. (a) | 39,624 | 5,142,799 | |
Mettler-Toledo International, Inc. (a) | 35,839 | 34,791,784 | |
Nanostring Technologies, Inc. (a) | 54,490 | 2,205,755 | |
NeoGenomics, Inc. (a) | 165,111 | 6,431,073 | |
Pacific Biosciences of California, Inc. (a)(b) | 212,220 | 1,400,652 | |
PerkinElmer, Inc. | 166,984 | 19,657,356 | |
Personalis, Inc. (a) | 15,181 | 346,430 | |
PPD, Inc. | 91,966 | 3,158,112 | |
PRA Health Sciences, Inc. (a) | 96,328 | 10,298,426 | |
Quanterix Corp. (a) | 23,612 | 840,587 | |
Syneos Health, Inc. (a)(b) | 94,887 | 5,987,370 | |
Thermo Fisher Scientific, Inc. | 591,719 | 253,835,617 | |
Waters Corp. (a) | 92,736 | 20,055,087 | |
609,298,048 | |||
Pharmaceuticals - 3.7% | |||
AcelRx Pharmaceuticals, Inc. (a) | 108,373 | 135,466 | |
Acer Therapeutics, Inc. (a)(b) | 6,588 | 17,458 | |
Aclaris Therapeutics, Inc. (a)(b) | 70,209 | 172,714 | |
Adamis Pharmaceuticals Corp. (a)(b) | 67,561 | 44,590 | |
Adial Pharmaceuticals, Inc. (a)(b) | 12,772 | 17,625 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 71,019 | 781,209 | |
Aerpio Pharmaceuticals, Inc. (a)(b) | 17,597 | 24,020 | |
Agile Therapeutics, Inc. (a)(b) | 75,791 | 242,531 | |
Akcea Therapeutics, Inc. (a)(b) | 24,494 | 447,750 | |
Alimera Sciences, Inc. (a) | 1,036 | 6,123 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 58,146 | 602,393 | |
Amneal Pharmaceuticals, Inc. (a)(b) | 186,182 | 765,208 | |
Amphastar Pharmaceuticals, Inc. (a) | 53,532 | 1,090,982 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 143,069 | 102,437 | |
ANI Pharmaceuticals, Inc. (a) | 13,713 | 430,040 | |
ANI Pharmaceuticals, Inc. rights (a)(c) | 21,445 | 0 | |
Aquestive Therapeutics, Inc. (a)(b) | 29,801 | 234,236 | |
Arvinas Holding Co. LLC (a) | 23,221 | 602,585 | |
Assertio Holdings, Inc. (a)(b) | 96,805 | 78,412 | |
AstraZeneca PLC rights (a)(c) | 7,692 | 0 | |
Avenue Therapeutics, Inc. (a) | 6,166 | 68,628 | |
Axsome Therapeutics, Inc. (a)(b) | 39,883 | 2,923,823 | |
Aytu BioScience, Inc. (a) | 10,458 | 11,085 | |
Baudax Bio, Inc. (a)(b) | 10,668 | 29,870 | |
Biodelivery Sciences International, Inc. (a) | 137,019 | 535,744 | |
BioPharmX Corp. (a)(b) | 207 | 255 | |
Bristol-Myers Squibb Co. | 3,394,148 | 211,116,006 | |
Cara Therapeutics, Inc. (a)(b) | 62,748 | 972,594 | |
Cassava Sciences, Inc. (a)(b) | 22,534 | 70,757 | |
Catalent, Inc. (a) | 244,600 | 22,625,500 | |
Cerecor, Inc. (a) | 25,208 | 62,012 | |
Chiasma, Inc. (a) | 54,386 | 298,579 | |
Clearside Biomedical, Inc. (a)(b) | 56,255 | 96,759 | |
Cocrystal Pharma, Inc. (a) | 40,430 | 42,856 | |
Collegium Pharmaceutical, Inc. (a) | 48,770 | 929,556 | |
ContraVir Pharmaceuticals, Inc. (a) | 188 | 622 | |
Corcept Therapeutics, Inc. (a)(b) | 162,181 | 2,059,699 | |
CorMedix, Inc. (a)(b) | 43,608 | 203,649 | |
Cumberland Pharmaceuticals, Inc. (a) | 5,048 | 16,255 | |
CymaBay Therapeutics, Inc. (a) | 111,411 | 720,829 | |
Durect Corp. (a)(b) | 299,599 | 519,804 | |
Elanco Animal Health, Inc. (a) | 601,329 | 17,474,621 | |
Elanco Animal Health, Inc. rights (a)(c) | 71,624 | 1 | |
Eli Lilly & Co. | 1,262,983 | 187,414,047 | |
Eloxx Pharmaceuticals, Inc. (a) | 43,872 | 135,345 | |
Endo International PLC (a) | 316,530 | 952,755 | |
Evofem Biosciences, Inc. (a) | 60,892 | 202,161 | |
Evolus, Inc. (a)(b) | 37,906 | 146,317 | |
Eyenovia, Inc. (a) | 16,586 | 58,217 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 76,339 | 40,849 | |
Fulcrum Therapeutics, Inc. (a)(b) | 5,023 | 36,517 | |
Harrow Health, Inc. (a) | 29,650 | 204,289 | |
Horizon Therapeutics PLC (a) | 290,066 | 21,789,758 | |
IMARA, Inc. (b) | 8,877 | 206,301 | |
Innovate Biopharmaceuticals, Inc. (a)(b) | 18,554 | 12,097 | |
Innoviva, Inc. (a) | 104,032 | 1,218,215 | |
Intersect ENT, Inc. (a) | 47,960 | 963,037 | |
Intra-Cellular Therapies, Inc. (a)(b) | 85,567 | 1,559,031 | |
Jazz Pharmaceuticals PLC (a) | 83,203 | 11,181,651 | |
Johnson & Johnson | 3,949,479 | 605,889,573 | |
Kala Pharmaceuticals, Inc. (a)(b) | 76,793 | 683,458 | |
Kaleido Biosciences, Inc. (a)(b) | 20,113 | 126,511 | |
Lannett Co., Inc. (a)(b) | 54,109 | 284,613 | |
Lipocine, Inc. (a) | 14,559 | 21,547 | |
Liquidia Technologies, Inc. (a) | 14,596 | 74,732 | |
Mallinckrodt PLC (a)(b) | 129,733 | 204,978 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 125,697 | 243,852 | |
Menlo Therapeutics, Inc. (a)(b) | 237,052 | 362,690 | |
Merck & Co., Inc. | 3,782,452 | 322,529,682 | |
Mylan NV (a) | 774,950 | 12,693,681 | |
MyoKardia, Inc. (a) | 78,434 | 8,583,817 | |
Nektar Therapeutics (a)(b) | 264,646 | 5,118,254 | |
Neos Therapeutics, Inc. (a)(b) | 61,752 | 42,331 | |
NGM Biopharmaceuticals, Inc. (a)(b) | 16,179 | 301,738 | |
NovaBay Pharmaceuticals, Inc. (a) | 4,499 | 4,077 | |
Novan, Inc. (a)(b) | 19,707 | 8,996 | |
Novus Therapeutics, Inc. (a)(b) | 3,229 | 1,358 | |
Ocular Therapeutix, Inc. (a)(b) | 82,789 | 720,264 | |
Odonate Therapeutics, Inc. (a) | 21,403 | 345,658 | |
Omeros Corp. (a)(b) | 74,061 | 885,029 | |
Onconova Therapeutics, Inc. (a) | 128,177 | 30,852 | |
OptiNose, Inc. (a)(b) | 48,331 | 219,906 | |
Osmotica Pharmaceuticals PLC (a) | 15,165 | 90,080 | |
Otonomy, Inc. (a) | 27,001 | 103,144 | |
Pacira Biosciences, Inc. (a) | 64,018 | 4,002,405 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 35,522 | 163,401 | |
Perrigo Co. PLC | 207,242 | 10,838,757 | |
Pfizer, Inc. | 8,324,124 | 314,568,646 | |
Phathom Pharmaceuticals, Inc. (a)(b) | 19,150 | 703,954 | |
Phibro Animal Health Corp. Class A | 34,216 | 734,275 | |
Plx Pharma PLC/New (a)(b) | 205 | 812 | |
Prestige Brands Holdings, Inc. (a)(b) | 71,557 | 2,606,822 | |
Provention Bio, Inc. (a)(b) | 55,250 | 720,460 | |
Pulmatrix, Inc. (a) | 13,881 | 14,853 | |
Reata Pharmaceuticals, Inc. (a)(b) | 39,763 | 4,173,127 | |
Relmada Therapeutics, Inc. (a)(b) | 23,025 | 821,532 | |
resTORbio, Inc. (a) | 22,391 | 51,051 | |
Revance Therapeutics, Inc. (a) | 69,611 | 2,034,730 | |
Royalty Pharma PLC | 120,000 | 4,965,600 | |
Satsuma Pharmaceuticals, Inc. (a) | 10,782 | 248,309 | |
scPharmaceuticals, Inc. (a) | 4,001 | 34,249 | |
SCYNEXIS, Inc. (a)(b) | 8,775 | 49,579 | |
Seelos Therapeutics, Inc. (a) | 32,617 | 29,688 | |
Seelos Therapeutics, Inc. rights (a)(b)(c) | 1,387 | 0 | |
SIGA Technologies, Inc. (a) | 87,379 | 607,284 | |
Strongbridge Biopharma PLC (a) | 41,930 | 161,011 | |
Supernus Pharmaceuticals, Inc. (a) | 80,952 | 1,780,134 | |
Teligent, Inc. (a)(b) | 9,911 | 11,893 | |
TherapeuticsMD, Inc. (a)(b) | 340,709 | 497,435 | |
Theravance Biopharma, Inc. (a) | 70,286 | 1,288,342 | |
Titan Pharmaceuticals, Inc. (a) | 1,327 | 306 | |
Tricida, Inc. (a) | 43,247 | 457,121 | |
Urovant Sciences Ltd. (a)(b) | 13,986 | 125,315 | |
Verrica Pharmaceuticals, Inc. (a)(b) | 20,020 | 183,984 | |
WAVE Life Sciences (a)(b) | 28,382 | 355,626 | |
Xeris Pharmaceuticals, Inc. (a)(b) | 36,569 | 172,057 | |
Zoetis, Inc. Class A | 711,537 | 113,917,074 | |
Zogenix, Inc. (a) | 77,265 | 1,828,863 | |
Zynerba Pharmaceuticals, Inc. (a)(b) | 30,528 | 115,396 | |
1,920,530,782 | |||
TOTAL HEALTH CARE | 7,288,777,662 | ||
INDUSTRIALS - 8.6% | |||
Aerospace & Defense - 1.5% | |||
AAR Corp. | 52,723 | 1,063,950 | |
Aerojet Rocketdyne Holdings, Inc. (a) | 109,919 | 4,547,349 | |
AeroVironment, Inc. (a) | 33,586 | 2,565,635 | |
Air Industries Group, Inc. (a) | 17,165 | 18,882 | |
Astronics Corp. (a) | 36,309 | 328,233 | |
Astrotech Corp. (a) | 1,228 | 2,689 | |
Axon Enterprise, Inc. (a) | 95,529 | 8,184,925 | |
BWX Technologies, Inc. | 143,263 | 7,966,855 | |
CPI Aerostructures, Inc. (a) | 4,217 | 11,723 | |
Cubic Corp. (b) | 47,125 | 2,218,645 | |
Curtiss-Wright Corp. | 61,293 | 6,271,500 | |
Ducommun, Inc. (a) | 17,333 | 647,734 | |
General Dynamics Corp. | 348,172 | 51,999,488 | |
Harris Corp. | 323,548 | 58,478,066 | |
HEICO Corp. | 76,622 | 8,422,290 | |
HEICO Corp. Class A | 89,374 | 7,988,248 | |
Hexcel Corp. | 126,641 | 4,988,389 | |
Howmet Aerospace, Inc. | 576,799 | 10,105,518 | |
Huntington Ingalls Industries, Inc. (b) | 61,320 | 9,291,206 | |
Innovative Solutions & Support, Inc. (a) | 15,429 | 109,700 | |
Kaman Corp. | 44,288 | 2,048,320 | |
Kratos Defense & Security Solutions, Inc. (a) | 159,379 | 3,115,859 | |
Lockheed Martin Corp. | 369,504 | 144,202,631 | |
Maxar Technologies, Inc. (b) | 90,646 | 2,098,455 | |
Mercury Systems, Inc. (a) | 84,825 | 6,424,646 | |
Moog, Inc. Class A | 44,990 | 2,712,447 | |
National Presto Industries, Inc. | 6,947 | 624,744 | |
Northrop Grumman Corp. | 232,249 | 79,570,830 | |
PAE, Inc. (a)(b) | 72,604 | 641,456 | |
Park Aerospace Corp. | 27,841 | 308,757 | |
Parsons Corp. (a) | 27,495 | 914,484 | |
Raytheon Technologies Corp. | 2,198,752 | 134,123,872 | |
SIFCO Industries, Inc. (a) | 628 | 2,506 | |
Spirit AeroSystems Holdings, Inc. Class A | 162,566 | 3,342,357 | |
Teledyne Technologies, Inc. (a) | 54,492 | 17,089,236 | |
Textron, Inc. | 340,473 | 13,424,850 | |
The Boeing Co. | 803,425 | 138,044,484 | |
TransDigm Group, Inc. | 75,501 | 37,725,585 | |
Triumph Group, Inc. | 81,304 | 587,828 | |
Vectrus, Inc. (a) | 17,816 | 773,393 | |
Virgin Galactic Holdings, Inc. (a)(b) | 163,990 | 2,935,421 | |
775,923,186 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (a) | 93,086 | 2,366,246 | |
Atlas Air Worldwide Holdings, Inc. (a)(b) | 40,197 | 2,266,709 | |
C.H. Robinson Worldwide, Inc. | 200,440 | 19,703,252 | |
Echo Global Logistics, Inc. (a)(b) | 43,365 | 1,184,732 | |
Expeditors International of Washington, Inc. | 248,184 | 21,936,984 | |
FedEx Corp. | 359,398 | 79,010,056 | |
Forward Air Corp. | 41,542 | 2,450,563 | |
Hub Group, Inc. Class A (a) | 49,707 | 2,676,225 | |
Radiant Logistics, Inc. (a) | 55,584 | 293,484 | |
United Parcel Service, Inc. Class B | 1,054,761 | 172,579,995 | |
XPO Logistics, Inc. (a) | 135,301 | 11,943,019 | |
316,411,265 | |||
Airlines - 0.2% | |||
Alaska Air Group, Inc. | 182,379 | 7,103,662 | |
Allegiant Travel Co. (b) | 19,125 | 2,459,475 | |
American Airlines Group, Inc. (b) | 734,537 | 9,585,708 | |
Delta Air Lines, Inc. | 852,335 | 26,294,535 | |
Hawaiian Holdings, Inc. (b) | 74,937 | 1,007,153 | |
JetBlue Airways Corp. (a)(b) | 398,791 | 4,594,072 | |
Mesa Air Group, Inc. (a) | 46,385 | 169,769 | |
SkyWest, Inc. | 74,017 | 2,490,672 | |
Southwest Airlines Co. (b) | 807,555 | 30,347,917 | |
Spirit Airlines, Inc. (a)(b) | 130,807 | 2,338,829 | |
United Airlines Holdings, Inc. (a) | 379,067 | 13,646,412 | |
100,038,204 | |||
Building Products - 0.6% | |||
A.O. Smith Corp. (b) | 201,610 | 9,872,842 | |
AAON, Inc. | 57,580 | 3,278,029 | |
Advanced Drain Systems, Inc. | 74,598 | 4,138,697 | |
Allegion PLC | 137,410 | 14,206,820 | |
Alpha PRO Tech Ltd. (a) | 10,147 | 142,362 | |
American Woodmark Corp. (a) | 23,880 | 2,089,500 | |
Apogee Enterprises, Inc. | 40,871 | 855,430 | |
Armstrong Flooring, Inc. (a) | 37,559 | 145,353 | |
Armstrong World Industries, Inc. | 72,407 | 5,339,292 | |
Builders FirstSource, Inc. (a) | 176,908 | 5,416,923 | |
Carrier Global Corp. | 1,215,147 | 36,272,138 | |
CSW Industrials, Inc. | 23,129 | 1,671,070 | |
Fortune Brands Home & Security, Inc. | 211,334 | 17,768,963 | |
Gibraltar Industries, Inc. (a) | 50,335 | 3,143,169 | |
Griffon Corp. | 76,748 | 1,667,734 | |
Insteel Industries, Inc. | 26,755 | 493,362 | |
Jeld-Wen Holding, Inc. (a) | 104,712 | 2,204,188 | |
Johnson Controls International PLC | 1,113,803 | 45,365,196 | |
Lennox International, Inc. | 52,014 | 14,581,085 | |
Masco Corp. | 395,924 | 23,082,369 | |
Masonite International Corp. (a) | 35,826 | 3,270,556 | |
NCI Building Systems, Inc. (a) | 74,828 | 595,631 | |
Owens Corning | 162,722 | 11,006,516 | |
Patrick Industries, Inc. | 32,490 | 1,826,263 | |
PGT, Inc. (a) | 97,375 | 1,765,409 | |
Quanex Building Products Corp. | 51,529 | 866,202 | |
Resideo Technologies, Inc. (a) | 183,881 | 2,456,650 | |
Simpson Manufacturing Co. Ltd. | 60,245 | 5,924,493 | |
Trane Technologies PLC | 358,873 | 42,486,974 | |
Trex Co., Inc. (a) | 87,054 | 13,013,702 | |
Ufp Industries, Inc. | 91,934 | 5,456,283 | |
280,403,201 | |||
Commercial Services & Supplies - 0.5% | |||
ABM Industries, Inc. | 97,943 | 3,735,546 | |
ACCO Brands Corp. | 137,043 | 888,039 | |
Acme United Corp. | 9,376 | 206,647 | |
ADS Waste Holdings, Inc. (a) | 108,142 | 3,258,318 | |
ADT, Inc. | 167,852 | 1,787,624 | |
Aqua Metals, Inc. (a)(b) | 89,321 | 88,508 | |
ARC Document Solutions, Inc. | 47,602 | 50,458 | |
Brady Corp. Class A | 69,639 | 3,265,373 | |
BrightView Holdings, Inc. (a)(b) | 49,547 | 608,437 | |
Casella Waste Systems, Inc. Class A (a) | 63,655 | 3,574,228 | |
CECO Environmental Corp. (a) | 48,247 | 408,893 | |
Charah Solutions, Inc. (a)(b) | 8,915 | 23,268 | |
Cimpress PLC (a)(b) | 35,941 | 3,331,731 | |
Cintas Corp. | 126,193 | 42,052,555 | |
Clean Harbors, Inc. (a) | 77,687 | 4,746,676 | |
Copart, Inc. (a) | 307,224 | 31,742,384 | |
Covanta Holding Corp. | 183,941 | 1,736,403 | |
Deluxe Corp. | 64,167 | 1,822,343 | |
Document Security Systems, Inc. (a)(b) | 117 | 748 | |
Ennis, Inc. | 41,340 | 757,762 | |
Fuel Tech, Inc. (a) | 36,624 | 29,065 | |
Harsco Corp. (a) | 123,086 | 1,741,667 | |
Healthcare Services Group, Inc. (b) | 107,557 | 2,237,186 | |
Heritage-Crystal Clean, Inc. (a) | 20,655 | 303,215 | |
Herman Miller, Inc. | 90,277 | 2,151,301 | |
HNI Corp. | 67,916 | 2,163,125 | |
Hudson Technologies, Inc. (a)(b) | 53,713 | 61,770 | |
IAA Spinco, Inc. (a) | 202,094 | 10,573,558 | |
Industrial Services of America, Inc. (a)(c) | 1,142 | 40 | |
Interface, Inc. | 99,616 | 753,097 | |
KAR Auction Services, Inc. | 188,278 | 3,264,741 | |
Kimball International, Inc. Class B | 60,232 | 675,201 | |
Knoll, Inc. | 77,008 | 991,093 | |
Matthews International Corp. Class A | 50,831 | 1,113,199 | |
McGrath RentCorp. | 33,997 | 2,256,041 | |
MSA Safety, Inc. | 53,327 | 6,716,536 | |
NL Industries, Inc. | 6,623 | 23,181 | |
Odyssey Marine Exploration, Inc. (a)(b) | 13,660 | 77,452 | |
Performant Financial Corp. (a) | 21,888 | 13,354 | |
Perma-Fix Environmental Services, Inc. (a) | 4,892 | 34,978 | |
PICO Holdings, Inc. (a) | 28,565 | 253,943 | |
Pitney Bowes, Inc. | 260,205 | 1,428,525 | |
Quad/Graphics, Inc. | 51,262 | 178,904 | |
Quest Resource Holding Corp. (a) | 2,099 | 4,072 | |
R.R. Donnelley & Sons Co. | 105,289 | 138,981 | |
Republic Services, Inc. | 313,228 | 29,042,500 | |
Rollins, Inc. | 212,845 | 11,736,273 | |
SP Plus Corp. (a) | 36,338 | 745,292 | |
Steelcase, Inc. Class A | 136,452 | 1,425,923 | |
Stericycle, Inc. (a) | 137,034 | 8,785,250 | |
Team, Inc. (a) | 49,846 | 317,519 | |
Tetra Tech, Inc. (b) | 81,509 | 7,524,096 | |
The Brink's Co. | 72,914 | 3,526,121 | |
U.S. Ecology, Inc. | 42,130 | 1,564,287 | |
UniFirst Corp. | 22,324 | 4,300,049 | |
Viad Corp. | 31,895 | 683,510 | |
Virco Manufacturing Co. (a) | 1,891 | 4,160 | |
VSE Corp. | 13,724 | 398,408 | |
Waste Management, Inc. (b) | 579,772 | 66,094,008 | |
277,417,562 | |||
Construction & Engineering - 0.2% | |||
AECOM (a) | 238,073 | 9,406,264 | |
Aegion Corp. (a) | 51,356 | 831,197 | |
Ameresco, Inc. Class A (a)(b) | 26,938 | 919,663 | |
API Group Corp. (a)(d) | 156,766 | 2,216,671 | |
Arcosa, Inc. (b) | 74,681 | 3,456,983 | |
Argan, Inc. | 22,412 | 948,700 | |
Comfort Systems U.S.A., Inc. | 57,179 | 2,897,260 | |
Concrete Pumping Holdings, Inc. (a) | 49,943 | 181,293 | |
Construction Partners, Inc. Class A (a)(b) | 52,855 | 987,860 | |
Dycom Industries, Inc. (a)(b) | 48,546 | 2,986,064 | |
EMCOR Group, Inc. | 79,574 | 5,968,846 | |
Fluor Corp. (b) | 214,120 | 2,038,422 | |
Goldfield Corp. (a) | 29,034 | 126,879 | |
Granite Construction, Inc. | 72,408 | 1,346,065 | |
Great Lakes Dredge & Dock Corp. (a) | 110,448 | 1,034,898 | |
HC2 Holdings, Inc. (a) | 69,904 | 174,760 | |
IES Holdings, Inc. (a) | 11,513 | 331,920 | |
Jacobs Engineering Group, Inc. | 194,534 | 17,560,584 | |
Limbach Holdings, Inc. (a) | 9,347 | 50,661 | |
MasTec, Inc. (a)(b) | 85,758 | 3,962,877 | |
MYR Group, Inc. (a) | 29,755 | 1,154,792 | |
Northwest Pipe Co. (a) | 13,993 | 396,422 | |
NV5 Holdings, Inc. (a)(b) | 18,196 | 942,007 | |
Orion Group Holdings, Inc. (a) | 65,396 | 170,684 | |
Primoris Services Corp. | 57,610 | 1,098,047 | |
Quanta Services, Inc. | 204,401 | 10,475,551 | |
Sterling Construction Co., Inc. (a)(b) | 40,894 | 578,241 | |
Tutor Perini Corp. (a)(b) | 63,345 | 794,980 | |
Valmont Industries, Inc. | 33,194 | 4,217,298 | |
Willscot Mobile Mini Holdings (a) | 249,932 | 4,473,783 | |
81,729,672 | |||
Electrical Equipment - 0.6% | |||
Acuity Brands, Inc. | 59,471 | 6,499,586 | |
Allied Motion Technologies, Inc. | 12,386 | 527,520 | |
American Superconductor Corp. (a) | 29,752 | 373,685 | |
AMETEK, Inc. | 342,658 | 34,505,661 | |
Atkore International Group, Inc. (a) | 73,935 | 1,976,283 | |
AZZ, Inc. (b) | 41,258 | 1,432,890 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 32,899 | 79,287 | |
Bloom Energy Corp. Class A (a)(b) | 32,649 | 511,283 | |
Broadwind, Inc. (a) | 11,239 | 40,798 | |
Capstone Turbine Corp. (a)(b) | 8,218 | 33,858 | |
Eaton Corp. PLC | 597,678 | 61,022,924 | |
Emerson Electric Co. | 896,435 | 62,275,339 | |
Encore Wire Corp. | 33,581 | 1,733,115 | |
Energous Corp. (a)(b) | 26,573 | 96,726 | |
Energy Focus, Inc. (a)(b) | 1,128 | 10,107 | |
EnerSys | 60,300 | 4,340,394 | |
Espey Manufacturing & Electronics Corp. | 1,421 | 24,669 | |
FuelCell Energy, Inc. (a)(b) | 314,627 | 893,541 | |
Generac Holdings, Inc. (a) | 94,852 | 18,019,983 | |
GrafTech International Ltd. | 76,360 | 508,558 | |
Hubbell, Inc. Class B | 81,531 | 11,815,473 | |
Ideal Power, Inc. (a) | 2,687 | 15,934 | |
LSI Industries, Inc. (b) | 34,207 | 234,660 | |
nVent Electric PLC | 235,625 | 4,505,150 | |
Orion Energy Systems, Inc. (a) | 45,400 | 289,652 | |
Plug Power, Inc. (a)(b) | 496,813 | 6,448,633 | |
Powell Industries, Inc. | 13,069 | 352,732 | |
Preformed Line Products Co. | 4,117 | 224,006 | |
Regal Beloit Corp. | 61,529 | 6,082,757 | |
Rockwell Automation, Inc. | 173,114 | 39,907,970 | |
Sensata Technologies, Inc. PLC (a) | 233,317 | 9,715,320 | |
Sunrun, Inc. (a)(b) | 121,289 | 6,859,499 | |
Sunworks, Inc. (a)(b) | 1,282 | 929 | |
Thermon Group Holdings, Inc. (a) | 50,474 | 664,238 | |
TPI Composites, Inc. (a) | 49,750 | 1,527,823 | |
Ultralife Corp. (a) | 12,581 | 79,512 | |
Vicor Corp. (a) | 27,479 | 2,391,497 | |
Vivint Solar, Inc. (a) | 68,673 | 2,120,622 | |
288,142,614 | |||
Industrial Conglomerates - 0.9% | |||
3M Co. | 861,926 | 140,511,177 | |
Carlisle Companies, Inc. | 82,276 | 10,774,042 | |
General Electric Co. | 13,083,586 | 82,949,935 | |
Honeywell International, Inc. | 1,051,380 | 174,055,959 | |
Raven Industries, Inc. | 57,098 | 1,418,885 | |
Roper Technologies, Inc. | 156,390 | 66,808,244 | |
476,518,242 | |||
Machinery - 1.7% | |||
AGCO Corp. | 93,843 | 6,672,237 | |
AgEagle Aerial Systems, Inc. (a)(b) | 31,787 | 98,540 | |
Alamo Group, Inc. | 15,689 | 1,739,910 | |
Albany International Corp. Class A | 45,189 | 2,345,309 | |
Allison Transmission Holdings, Inc. | 168,855 | 6,056,829 | |
Altra Industrial Motion Corp. | 99,058 | 3,868,215 | |
Astec Industries, Inc. (b) | 33,520 | 1,767,174 | |
Barnes Group, Inc. (b) | 68,213 | 2,701,235 | |
Blue Bird Corp. (a) | 28,793 | 327,664 | |
Caterpillar, Inc. | 810,962 | 115,408,002 | |
Chart Industries, Inc. (a)(b) | 51,867 | 3,408,699 | |
CIRCOR International, Inc. (a) | 30,957 | 917,875 | |
Colfax Corp. (a)(b) | 128,118 | 4,263,767 | |
Columbus McKinnon Corp. (NY Shares) | 40,338 | 1,467,295 | |
Commercial Vehicle Group, Inc. (a) | 49,365 | 222,636 | |
Crane Co. | 75,129 | 4,247,794 | |
Cummins, Inc. | 220,357 | 45,668,988 | |
Deere & Co. | 467,869 | 98,280,562 | |
Donaldson Co., Inc. (b) | 187,352 | 9,435,047 | |
Douglas Dynamics, Inc. | 36,932 | 1,417,819 | |
Dover Corp. | 215,601 | 23,681,614 | |
Eastern Co. | 3,940 | 86,286 | |
Energy Recovery, Inc. (a)(b) | 52,282 | 444,920 | |
Enerpac Tool Group Corp. Class A | 85,207 | 1,772,306 | |
EnPro Industries, Inc. (b) | 27,987 | 1,637,799 | |
ESCO Technologies, Inc. | 37,749 | 3,394,390 | |
Evoqua Water Technologies Corp. (a) | 112,630 | 2,304,410 | |
ExOne Co. (a)(b) | 15,564 | 190,192 | |
Federal Signal Corp. | 90,761 | 2,915,243 | |
Flowserve Corp. | 195,698 | 5,808,317 | |
Fortive Corp. | 445,290 | 32,109,862 | |
Franklin Electric Co., Inc. | 56,443 | 3,350,456 | |
FreightCar America, Inc. (a)(b) | 13,689 | 20,397 | |
Gates Industrial Corp. PLC (a) | 69,210 | 781,381 | |
Gencor Industries, Inc. (a) | 10,152 | 128,017 | |
Gorman-Rupp Co. | 30,147 | 963,197 | |
Graco, Inc. | 249,965 | 14,502,969 | |
Graham Corp. | 19,661 | 258,149 | |
Greenbrier Companies, Inc. (b) | 49,729 | 1,352,132 | |
Helios Technologies, Inc. | 44,092 | 1,812,622 | |
Hillenbrand, Inc. | 115,572 | 3,664,788 | |
Hurco Companies, Inc. | 8,700 | 246,036 | |
Hyster-Yale Materials Handling Class A | 15,716 | 633,983 | |
IDEX Corp. | 111,517 | 20,098,709 | |
Illinois Tool Works, Inc. | 429,223 | 84,793,004 | |
Ingersoll Rand, Inc. (a) | 521,120 | 18,270,467 | |
ITT, Inc. | 126,801 | 7,964,371 | |
John Bean Technologies Corp. (b) | 45,595 | 4,673,943 | |
Kadant, Inc. | 18,348 | 2,136,441 | |
Kennametal, Inc. (b) | 121,066 | 3,513,335 | |
L.B. Foster Co. Class A (a) | 14,144 | 211,453 | |
Lincoln Electric Holdings, Inc. | 88,558 | 8,564,444 | |
Lindsay Corp. | 17,624 | 1,761,166 | |
LiqTech International, Inc. (a)(b) | 36,587 | 252,450 | |
Lydall, Inc. (a) | 28,433 | 533,972 | |
Manitex International, Inc. (a) | 15,946 | 71,916 | |
Manitowoc Co., Inc. (a) | 54,624 | 514,558 | |
Mayville Engineering Co., Inc. (a) | 16,490 | 140,990 | |
Meritor, Inc. (a) | 105,361 | 2,398,016 | |
Middleby Corp. (a) | 82,700 | 8,096,330 | |
Miller Industries, Inc. | 17,675 | 554,465 | |
Mueller Industries, Inc. | 90,632 | 2,691,770 | |
Mueller Water Products, Inc. Class A | 237,945 | 2,569,806 | |
Navistar International Corp. (a) | 97,565 | 3,120,129 | |
NN, Inc. | 69,869 | 317,904 | |
Nordson Corp. | 76,823 | 14,326,721 | |
Omega Flex, Inc. | 5,305 | 698,881 | |
Oshkosh Corp. | 101,151 | 7,789,639 | |
Otis Worldwide Corp. | 609,793 | 38,355,980 | |
PACCAR, Inc. | 516,586 | 44,343,742 | |
Park-Ohio Holdings Corp. | 15,706 | 248,469 | |
Parker Hannifin Corp. | 191,212 | 39,391,584 | |
Pentair PLC | 248,384 | 11,212,054 | |
Proto Labs, Inc. (a)(b) | 39,882 | 5,862,654 | |
RBC Bearings, Inc. (a) | 37,726 | 4,981,341 | |
REV Group, Inc. | 39,010 | 302,328 | |
Rexnord Corp. | 178,260 | 5,162,410 | |
Snap-On, Inc. | 81,033 | 12,014,763 | |
SPX Corp. (a) | 69,731 | 2,916,848 | |
SPX Flow, Inc. (a) | 64,409 | 2,800,503 | |
Standex International Corp. | 19,510 | 1,128,458 | |
Stanley Black & Decker, Inc. | 231,372 | 37,320,304 | |
Tennant Co. (b) | 29,693 | 1,973,694 | |
Terex Corp. | 99,683 | 1,950,796 | |
The L.S. Starrett Co. Class A (a) | 3,411 | 11,632 | |
The Shyft Group, Inc. | 46,504 | 928,685 | |
Timken Co. | 100,163 | 5,427,833 | |
Titan International, Inc. | 85,722 | 204,018 | |
Toro Co. | 161,091 | 12,126,930 | |
TriMas Corp. (a) | 70,659 | 1,786,260 | |
Trinity Industries, Inc. (b) | 141,030 | 2,886,884 | |
Twin Disc, Inc. (a) | 11,715 | 70,876 | |
Wabash National Corp. (b) | 87,724 | 1,071,110 | |
Watts Water Technologies, Inc. Class A | 39,387 | 3,771,305 | |
Welbilt, Inc. (a)(b) | 206,495 | 1,523,933 | |
Westinghouse Air Brake Co. | 270,598 | 18,008,297 | |
Woodward, Inc. | 85,155 | 7,296,932 | |
Xylem, Inc. | 269,832 | 21,635,130 | |
895,155,696 | |||
Marine - 0.0% | |||
Eagle Bulk Shipping, Inc. (a) | 119,616 | 315,786 | |
Genco Shipping & Trading Ltd. | 28,176 | 200,331 | |
Kirby Corp. (a) | 89,552 | 3,800,587 | |
Matson, Inc. | 61,794 | 2,476,086 | |
6,792,790 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (a) | 60,512 | 229,643 | |
ASGN, Inc. (a) | 77,475 | 5,560,381 | |
Barrett Business Services, Inc. | 11,784 | 678,405 | |
BG Staffing, Inc. | 12,200 | 114,436 | |
CBIZ, Inc. (a) | 85,697 | 2,084,151 | |
CoreLogic, Inc. | 119,458 | 7,932,011 | |
CoStar Group, Inc. (a) | 58,966 | 50,038,548 | |
CRA International, Inc. | 12,251 | 520,790 | |
Equifax, Inc. | 181,485 | 30,538,481 | |
Exponent, Inc. | 77,201 | 6,211,206 | |
Forrester Research, Inc. (a)(b) | 15,406 | 546,297 | |
Franklin Covey Co. (a) | 17,657 | 348,549 | |
FTI Consulting, Inc. (a) | 55,511 | 6,370,442 | |
GP Strategies Corp. (a)(b) | 26,500 | 255,990 | |
Heidrick & Struggles International, Inc. | 31,157 | 673,926 | |
Hill International, Inc. (a) | 66,466 | 97,705 | |
Hudson Global, Inc. (a) | 984 | 9,466 | |
Huron Consulting Group, Inc. (a) | 34,357 | 1,490,407 | |
ICF International, Inc. | 28,824 | 1,968,967 | |
IHS Markit Ltd. | 597,603 | 47,760,432 | |
InnerWorkings, Inc. (a) | 65,879 | 187,096 | |
Insperity, Inc. | 53,591 | 3,610,426 | |
Kelly Services, Inc. Class A (non-vtg.) | 50,608 | 961,046 | |
Kforce, Inc. | 25,748 | 884,186 | |
Korn Ferry | 81,088 | 2,473,184 | |
Manpower, Inc. | 85,960 | 6,301,728 | |
Mastech Digital, Inc. (a) | 526 | 9,731 | |
MISTRAS Group, Inc. (a) | 27,338 | 130,129 | |
Nielsen Holdings PLC | 539,169 | 8,238,502 | |
RCM Technologies, Inc. (a) | 6,987 | 11,039 | |
Red Violet, Inc. (a)(b) | 6,964 | 144,782 | |
Rekor Systems, Inc. (a) | 11,158 | 72,527 | |
Resources Connection, Inc. | 44,803 | 550,629 | |
Robert Half International, Inc. | 171,078 | 9,101,350 | |
TransUnion Holding Co., Inc. | 285,643 | 24,770,961 | |
TriNet Group, Inc. (a) | 63,330 | 4,296,307 | |
TrueBlue, Inc. (a) | 49,527 | 837,997 | |
Upwork, Inc. (a) | 96,257 | 1,465,994 | |
Verisk Analytics, Inc. | 243,510 | 45,456,012 | |
Volt Information Sciences, Inc. (a) | 4,406 | 5,023 | |
Willdan Group, Inc. (a)(b) | 15,404 | 434,085 | |
273,372,967 | |||
Road & Rail - 1.0% | |||
AMERCO | 12,132 | 4,305,525 | |
ArcBest Corp. (b) | 38,280 | 1,294,630 | |
Avis Budget Group, Inc. (a)(b) | 80,870 | 2,758,476 | |
Covenant Transport Group, Inc. Class A (a) | 18,626 | 341,415 | |
CSX Corp. | 1,146,444 | 87,657,108 | |
Daseke, Inc. (a) | 95,990 | 590,339 | |
Heartland Express, Inc. | 75,406 | 1,559,773 | |
HyreCar, Inc. (a) | 7,702 | 28,805 | |
J.B. Hunt Transport Services, Inc. | 126,828 | 17,824,407 | |
Kansas City Southern | 143,341 | 26,093,796 | |
Knight-Swift Transportation Holdings, Inc. Class A (b) | 185,224 | 8,420,283 | |
Landstar System, Inc. | 57,304 | 7,626,589 | |
Lyft, Inc. (a)(b) | 319,570 | 9,481,642 | |
Marten Transport Ltd. | 89,350 | 1,622,596 | |
Norfolk Southern Corp. | 383,130 | 81,426,619 | |
Old Dominion Freight Lines, Inc. | 142,205 | 28,751,007 | |
P.A.M. Transportation Services, Inc. (a) | 2,677 | 97,711 | |
Patriot Transportation Holding, Inc. | 903 | 7,748 | |
Ryder System, Inc. | 75,719 | 3,096,907 | |
Saia, Inc. (a)(b) | 39,177 | 5,257,553 | |
Schneider National, Inc. Class B | 42,903 | 1,160,955 | |
U.S. Xpress Enterprises, Inc. (a) | 28,506 | 272,802 | |
U.S.A. Truck, Inc. (a) | 12,296 | 137,100 | |
Uber Technologies, Inc. (a) | 313,745 | 10,551,244 | |
Union Pacific Corp. | 1,017,307 | 195,770,559 | |
Universal Logistics Holdings, Inc. | 13,541 | 291,132 | |
Werner Enterprises, Inc. | 87,332 | 4,018,145 | |
YRC Worldwide, Inc. (a)(b) | 51,336 | 214,071 | |
500,658,937 | |||
Trading Companies & Distributors - 0.3% | |||
AeroCentury Corp. (a)(b) | 486 | 1,147 | |
Air Lease Corp. Class A | 155,931 | 4,846,335 | |
Alta Equipment Group, Inc. (a)(b) | 29,650 | 247,578 | |
Applied Industrial Technologies, Inc. | 61,017 | 3,673,834 | |
Beacon Roofing Supply, Inc. (a) | 100,867 | 3,418,383 | |
BlueLinx Corp. (a)(b) | 14,536 | 296,970 | |
BMC Stock Holdings, Inc. (a) | 100,623 | 4,016,870 | |
CAI International, Inc. | 27,790 | 606,100 | |
DXP Enterprises, Inc. (a) | 24,899 | 479,057 | |
EVI Industries, Inc. (a)(b) | 6,377 | 156,619 | |
Fastenal Co. | 857,272 | 41,886,310 | |
Foundation Building Materials, Inc. (a) | 27,008 | 438,340 | |
GATX Corp. (b) | 51,554 | 3,447,932 | |
General Finance Corp. (a) | 25,366 | 164,372 | |
GMS, Inc. (a) | 64,086 | 1,697,638 | |
H&E Equipment Services, Inc. | 50,476 | 1,022,644 | |
HD Supply Holdings, Inc. (a) | 239,796 | 9,510,309 | |
Herc Holdings, Inc. (a) | 37,551 | 1,537,713 | |
Houston Wire & Cable Co. (a) | 12,686 | 32,857 | |
Huttig Building Products, Inc. (a) | 16,101 | 37,837 | |
India Globalization Capital, Inc. (a)(b) | 57,861 | 69,433 | |
Lawson Products, Inc. (a) | 14,687 | 527,263 | |
MRC Global, Inc. (a)(b) | 130,375 | 741,834 | |
MSC Industrial Direct Co., Inc. Class A (b) | 66,915 | 4,409,699 | |
Nesco Holdings, Inc. Class A (a) | 28,994 | 115,976 | |
Now, Inc. (a) | 168,839 | 1,227,460 | |
Rush Enterprises, Inc. Class A | 50,357 | 2,433,250 | |
SiteOne Landscape Supply, Inc. (a) | 65,841 | 8,233,417 | |
Systemax, Inc. | 24,087 | 534,491 | |
Titan Machinery, Inc. (a) | 27,527 | 371,615 | |
Transcat, Inc. (a) | 16,406 | 482,500 | |
Triton International Ltd. | 73,723 | 2,658,451 | |
United Rentals, Inc. (a) | 108,309 | 19,176,108 | |
Univar, Inc. (a) | 208,127 | 3,785,830 | |
Veritiv Corp. (a) | 19,348 | 336,268 | |
W.W. Grainger, Inc. | 64,388 | 23,529,307 | |
Watsco, Inc. | 49,214 | 12,056,938 | |
WESCO International, Inc. (a) | 71,460 | 3,347,901 | |
Willis Lease Finance Corp. (a) | 5,069 | 108,375 | |
161,664,961 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 115,008 | 3,222,524 | |
TOTAL INDUSTRIALS | 4,437,451,821 | ||
INFORMATION TECHNOLOGY - 27.5% | |||
Communications Equipment - 0.8% | |||
Acacia Communications, Inc. (a) | 59,012 | 3,982,130 | |
ADTRAN, Inc. | 80,299 | 890,516 | |
Applied Optoelectronics, Inc. (a)(b) | 32,169 | 374,125 | |
Arista Networks, Inc. (a) | 79,920 | 17,858,124 | |
Aviat Networks, Inc. (a) | 3,914 | 84,856 | |
BK Technologies Corp. | 6,655 | 20,298 | |
Blonder Tongue Laboratories, Inc. (a) | 2,363 | 2,229 | |
CalAmp Corp. (a) | 54,909 | 448,607 | |
Calix Networks, Inc. (a) | 78,011 | 1,517,314 | |
Casa Systems, Inc. (a) | 47,620 | 216,671 | |
Ciena Corp. (a) | 231,263 | 13,128,801 | |
Cisco Systems, Inc. | 6,350,606 | 268,122,585 | |
Clearfield, Inc. (a) | 14,083 | 247,861 | |
ClearOne, Inc. (a) | 23,778 | 62,536 | |
CommScope Holding Co., Inc. (a) | 294,198 | 3,030,239 | |
Communications Systems, Inc. | 3,040 | 14,197 | |
Comtech Telecommunications Corp. | 41,022 | 680,965 | |
Digi International, Inc. (a) | 42,545 | 579,463 | |
Dzs, Inc. (a) | 14,392 | 149,965 | |
EchoStar Holding Corp. Class A (a) | 71,526 | 2,101,434 | |
EMCORE Corp. (a) | 35,578 | 125,590 | |
Extreme Networks, Inc. (a)(b) | 197,545 | 863,272 | |
F5 Networks, Inc. (a) | 91,629 | 12,125,266 | |
Harmonic, Inc. (a) | 134,185 | 791,692 | |
Infinera Corp. (a)(b) | 252,547 | 1,841,068 | |
Inseego Corp. (a)(b) | 102,396 | 1,175,506 | |
InterDigital, Inc. | 49,100 | 3,002,465 | |
Juniper Networks, Inc. | 497,527 | 12,438,175 | |
KVH Industries, Inc. (a) | 16,672 | 149,881 | |
Lantronix, Inc. (a) | 10,284 | 55,225 | |
LRAD Corp. (a) | 39,901 | 199,505 | |
Lumentum Holdings, Inc. (a) | 113,271 | 9,741,306 | |
Motorola Solutions, Inc. | 255,808 | 39,586,288 | |
NETGEAR, Inc. (a) | 40,067 | 1,336,234 | |
NetScout Systems, Inc. (a) | 99,944 | 2,312,704 | |
Network-1 Security Solutions, Inc. | 15,146 | 33,321 | |
Optical Cable Corp. (a) | 398 | 963 | |
PC-Tel, Inc. | 20,520 | 130,097 | |
Plantronics, Inc. (b) | 49,920 | 617,011 | |
Resonant, Inc. (a)(b) | 37,406 | 99,874 | |
Sonus Networks, Inc. (a) | 90,413 | 386,968 | |
Tessco Technologies, Inc. | 10,550 | 65,094 | |
Ubiquiti, Inc. (b) | 17,942 | 3,260,959 | |
ViaSat, Inc. (a)(b) | 86,577 | 3,442,302 | |
Viavi Solutions, Inc. (a) | 322,541 | 4,301,084 | |
Westell Technologies, Inc. Class A (a) | 13,395 | 14,735 | |
411,609,501 | |||
Electronic Equipment & Components - 0.7% | |||
Airgain, Inc. (a) | 15,261 | 202,971 | |
Akoustis Technologies, Inc. (a)(b) | 39,811 | 315,701 | |
Amphenol Corp. Class A | 443,723 | 48,720,785 | |
Applied DNA Sciences, Inc. (a)(b) | 335 | 2,456 | |
Arlo Technologies, Inc. (a) | 118,302 | 677,870 | |
Arrow Electronics, Inc. (a) | 116,406 | 9,144,855 | |
Avnet, Inc. | 141,752 | 3,899,598 | |
Badger Meter, Inc. | 46,042 | 2,840,331 | |
Bel Fuse, Inc. Class B (non-vtg.) | 24,186 | 290,716 | |
Belden, Inc. (b) | 60,474 | 2,036,764 | |
Benchmark Electronics, Inc. | 58,507 | 1,147,322 | |
CDW Corp. | 212,844 | 24,189,721 | |
ClearSign Combustion Corp. (a)(b) | 26,685 | 61,109 | |
Coda Octopus Group, Inc. (a)(b) | 5,872 | 39,519 | |
Cognex Corp. | 254,528 | 17,610,792 | |
Coherent, Inc. (a) | 34,652 | 3,903,894 | |
Corning, Inc. | 1,140,210 | 37,011,217 | |
CTS Corp. | 54,448 | 1,137,963 | |
CUI Global, Inc. (a)(b) | 18,764 | 10,082 | |
Daktronics, Inc. (b) | 56,072 | 247,838 | |
Digital Ally, Inc. (a)(b) | 10,481 | 23,582 | |
Dolby Laboratories, Inc. Class A | 97,317 | 6,797,592 | |
eMagin Corp. (a)(b) | 3,586 | 4,769 | |
ePlus, Inc. (a) | 22,223 | 1,704,949 | |
Fabrinet (a) | 55,131 | 3,847,041 | |
FARO Technologies, Inc. (a) | 26,637 | 1,504,991 | |
Fitbit, Inc. (a) | 336,451 | 2,139,828 | |
FLIR Systems, Inc. | 199,099 | 7,346,753 | |
Frequency Electronics, Inc. (a) | 1,798 | 18,016 | |
Identiv, Inc. (a) | 9,604 | 59,257 | |
IEC Electronics Corp. (a) | 7,659 | 64,336 | |
II-VI, Inc. (a) | 146,461 | 6,517,515 | |
Insight Enterprises, Inc. (a) | 52,980 | 3,168,469 | |
Intellicheck, Inc. (a) | 13,967 | 87,992 | |
IPG Photonics Corp. (a) | 53,790 | 8,699,457 | |
Iteris, Inc. (a) | 71,414 | 326,362 | |
Itron, Inc. (a) | 51,730 | 3,081,556 | |
Jabil, Inc. | 208,964 | 7,136,121 | |
KEY Tronic Corp. (a) | 4,572 | 37,582 | |
Keysight Technologies, Inc. (a) | 281,201 | 27,703,923 | |
Kimball Electronics, Inc. (a) | 37,511 | 505,836 | |
Knowles Corp. (a) | 138,294 | 2,082,708 | |
LightPath Technologies, Inc. Class A (a) | 265 | 655 | |
Littelfuse, Inc. | 35,798 | 6,473,710 | |
Luna Innovations, Inc. (a)(b) | 30,274 | 193,754 | |
Methode Electronics, Inc. Class A | 57,891 | 1,638,894 | |
Micronet Enertec Technologies, Inc. (a)(b) | 2,902 | 13,523 | |
MicroVision, Inc. (a)(b) | 151,925 | 240,042 | |
MTS Systems Corp. | 31,016 | 756,790 | |
Napco Security Technolgies, Inc. (a) | 19,363 | 482,332 | |
National Instruments Corp. | 179,031 | 6,425,423 | |
Neonode, Inc. (a)(b) | 2,340 | 23,377 | |
nLIGHT, Inc. (a) | 52,270 | 1,221,027 | |
Novanta, Inc. (a) | 51,926 | 5,564,909 | |
OSI Systems, Inc. (a) | 24,003 | 1,890,236 | |
Par Technology Corp. (a)(b) | 17,371 | 648,633 | |
PC Connection, Inc. (b) | 18,605 | 824,015 | |
Perceptron, Inc. (a) | 9,277 | 38,871 | |
Plexus Corp. (a) | 44,698 | 3,400,177 | |
Powerfleet, Inc. (a) | 23,698 | 133,183 | |
Research Frontiers, Inc. (a)(b) | 30,905 | 71,700 | |
RF Industries Ltd. | 7,617 | 31,382 | |
Richardson Electronics Ltd. | 16,718 | 75,900 | |
Rogers Corp. (a)(b) | 28,983 | 3,284,064 | |
Sanmina Corp. (a) | 101,072 | 2,860,338 | |
ScanSource, Inc. (a) | 40,509 | 1,000,167 | |
SYNNEX Corp. | 61,631 | 7,836,382 | |
TE Connectivity Ltd. | 494,338 | 47,753,051 | |
Trimble, Inc. (a) | 375,753 | 19,693,215 | |
TTM Technologies, Inc. (a)(b) | 149,348 | 1,711,528 | |
Vishay Intertechnology, Inc. | 207,687 | 3,320,915 | |
Vishay Precision Group, Inc. (a) | 19,721 | 491,250 | |
Wayside Technology Group, Inc. | 869 | 21,595 | |
Wireless Telecom Group, Inc. (a) | 7,898 | 10,346 | |
Wrap Technologies, Inc. (a) | 15,197 | 132,214 | |
Zebra Technologies Corp. Class A (a) | 80,185 | 22,975,408 | |
377,589,145 | |||
IT Services - 5.5% | |||
Accenture PLC Class A | 954,341 | 228,975,036 | |
Akamai Technologies, Inc. (a) | 242,952 | 28,286,901 | |
Alliance Data Systems Corp. | 64,783 | 2,922,361 | |
Automatic Data Processing, Inc. | 642,974 | 89,431,254 | |
Black Knight, Inc. (a) | 225,257 | 18,944,114 | |
Booz Allen Hamilton Holding Corp. Class A | 206,360 | 18,172,062 | |
Brightcove, Inc. (a) | 48,431 | 538,553 | |
Broadridge Financial Solutions, Inc. | 172,682 | 23,726,507 | |
CACI International, Inc. Class A (a) | 37,992 | 8,897,346 | |
Cardtronics PLC (a)(b) | 51,599 | 1,120,214 | |
Cass Information Systems, Inc. | 20,398 | 798,786 | |
Cognizant Technology Solutions Corp. Class A | 807,811 | 54,010,243 | |
Computer Task Group, Inc. (a) | 8,213 | 39,422 | |
Conduent, Inc. (a) | 263,767 | 891,532 | |
CSG Systems International, Inc. | 51,146 | 2,177,285 | |
CSP, Inc. | 2,607 | 24,740 | |
DXC Technology Co. | 385,815 | 7,708,584 | |
Endurance International Group Holdings, Inc. (a) | 122,383 | 796,713 | |
EPAM Systems, Inc. (a)(b) | 83,334 | 27,258,551 | |
Euronet Worldwide, Inc. (a) | 79,341 | 8,202,273 | |
EVERTEC, Inc. | 89,782 | 3,144,166 | |
EVO Payments, Inc. Class A (a) | 65,593 | 1,884,487 | |
Exela Technologies, Inc. (a)(b) | 57,534 | 24,619 | |
ExlService Holdings, Inc. (a) | 53,768 | 3,424,484 | |
Fastly, Inc. Class A (a)(b) | 28,241 | 2,621,894 | |
Fidelity National Information Services, Inc. | 925,746 | 139,648,784 | |
Fiserv, Inc. (a) | 841,570 | 83,803,541 | |
FleetCor Technologies, Inc. (a) | 125,990 | 31,680,186 | |
Gartner, Inc. (a) | 134,288 | 17,433,268 | |
Genpact Ltd. | 231,637 | 9,770,449 | |
Global Payments, Inc. | 447,295 | 79,001,243 | |
GoDaddy, Inc. (a) | 248,580 | 20,801,174 | |
GreenSky, Inc. Class A (a)(b) | 73,868 | 321,326 | |
Grid Dynamics Holdings, Inc. (a)(b) | 37,191 | 275,957 | |
GTT Communications, Inc. (a)(b) | 51,146 | 254,707 | |
Hackett Group, Inc. | 43,100 | 543,491 | |
i3 Verticals, Inc. Class A (a)(b) | 23,601 | 658,232 | |
IBM Corp. | 1,330,112 | 164,016,111 | |
Information Services Group, Inc. (a) | 12,694 | 26,086 | |
Innodata, Inc. (a) | 9,880 | 20,748 | |
International Money Express, Inc. (a) | 39,089 | 661,386 | |
Jack Henry & Associates, Inc. | 115,266 | 19,067,302 | |
KBR, Inc. | 210,336 | 5,256,297 | |
Leidos Holdings, Inc. | 200,034 | 18,101,077 | |
Limelight Networks, Inc. (a) | 179,239 | 1,016,285 | |
Liveramp Holdings, Inc. (a) | 98,139 | 5,480,082 | |
ManTech International Corp. Class A | 39,722 | 2,973,192 | |
Marathon Patent Group, Inc. (a)(b) | 21,776 | 54,004 | |
MasterCard, Inc. Class A | 1,324,271 | 474,340,629 | |
Maximus, Inc. | 92,038 | 7,137,547 | |
ModusLink Global Solutions, Inc. (a) | 21,882 | 14,554 | |
MoneyGram International, Inc. (a)(b) | 47,205 | 137,839 | |
MongoDB, Inc. Class A (a)(b) | 54,197 | 12,671,259 | |
NIC, Inc. | 93,506 | 1,999,158 | |
Okta, Inc. (a) | 174,155 | 37,507,762 | |
Paychex, Inc. | 477,882 | 36,543,637 | |
PayPal Holdings, Inc. (a) | 1,760,181 | 359,323,349 | |
Paysign, Inc. (a)(b) | 43,478 | 279,998 | |
Perficient, Inc. (a) | 48,871 | 2,097,055 | |
Perspecta, Inc. | 201,001 | 4,174,791 | |
PFSweb, Inc. (a) | 18,388 | 155,379 | |
PRG-Schultz International, Inc. (a) | 25,789 | 142,355 | |
Repay Holdings Corp. (a) | 58,009 | 1,467,628 | |
Sabre Corp. | 467,833 | 3,270,153 | |
Science Applications International Corp. (b) | 74,750 | 6,238,635 | |
ServiceSource International, Inc. (a) | 82,053 | 123,490 | |
Square, Inc. (a) | 511,390 | 81,597,388 | |
StarTek, Inc. (a) | 19,120 | 95,600 | |
Switch, Inc. Class A | 85,026 | 1,462,447 | |
Sykes Enterprises, Inc. (a) | 60,496 | 2,002,720 | |
The Western Union Co. | 618,892 | 14,599,662 | |
Ttec Holdings, Inc. | 24,728 | 1,401,830 | |
Twilio, Inc. Class A (a) | 206,373 | 55,671,180 | |
Unisys Corp. (a) | 85,524 | 997,210 | |
VeriSign, Inc. (a) | 151,990 | 32,647,452 | |
Verra Mobility Corp. (a)(b) | 202,526 | 2,139,687 | |
Virtusa Corp. (a) | 46,572 | 1,841,457 | |
Visa, Inc. Class A | 2,528,589 | 536,035,582 | |
WEX, Inc. (a)(b) | 64,616 | 10,319,821 | |
WidePoint Corp. (a) | 50,531 | 26,023 | |
2,823,350,332 | |||
Semiconductors & Semiconductor Equipment - 4.6% | |||
ACM Research, Inc. (a) | 13,182 | 1,170,693 | |
Advanced Energy Industries, Inc. (a) | 58,715 | 4,351,956 | |
Advanced Micro Devices, Inc. (a) | 1,755,969 | 159,477,105 | |
AEHR Test Systems (a) | 13,351 | 23,765 | |
Alpha & Omega Semiconductor Ltd. (a) | 28,125 | 381,094 | |
Ambarella, Inc. (a) | 48,113 | 2,535,555 | |
Amkor Technology, Inc. (a)(b) | 167,561 | 2,043,406 | |
Amtech Systems, Inc. (a) | 9,675 | 54,954 | |
Analog Devices, Inc. | 551,916 | 64,507,942 | |
Applied Materials, Inc. | 1,374,323 | 84,658,297 | |
Atomera, Inc. (a)(b) | 19,089 | 242,621 | |
Axcelis Technologies, Inc. (a) | 42,601 | 1,006,662 | |
AXT, Inc. (a) | 69,742 | 393,345 | |
Broadcom, Inc. | 599,303 | 208,048,036 | |
Brooks Automation, Inc. | 112,418 | 5,804,141 | |
Cabot Microelectronics Corp. | 44,285 | 6,744,163 | |
Ceva, Inc. (a) | 34,774 | 1,469,202 | |
Cirrus Logic, Inc. (a) | 86,989 | 5,270,664 | |
Cohu, Inc. | 65,701 | 1,130,057 | |
Cree, Inc. (a)(b) | 163,394 | 10,310,161 | |
CVD Equipment Corp. (a) | 17,135 | 51,576 | |
CyberOptics Corp. (a) | 11,708 | 375,241 | |
Diodes, Inc. (a) | 62,532 | 3,055,314 | |
DSP Group, Inc. (a) | 34,781 | 498,760 | |
Enphase Energy, Inc. (a) | 121,600 | 9,391,168 | |
Entegris, Inc. | 200,708 | 13,425,358 | |
Everspin Technologies, Inc. (a) | 11,677 | 67,843 | |
First Solar, Inc. (a)(b) | 114,636 | 8,779,971 | |
FormFactor, Inc. (a) | 108,487 | 2,834,765 | |
GSI Technology, Inc. (a)(b) | 19,727 | 125,464 | |
Ichor Holdings Ltd. (a) | 36,115 | 908,653 | |
Impinj, Inc. (a)(b) | 23,986 | 586,458 | |
Inphi Corp. (a) | 74,010 | 8,435,660 | |
Intel Corp. | 6,342,184 | 323,134,275 | |
Intest Corp. (a) | 2,750 | 13,530 | |
KLA-Tencor Corp. | 232,551 | 47,705,512 | |
Kopin Corp. (a) | 79,855 | 120,581 | |
Kulicke & Soffa Industries, Inc. | 94,193 | 2,258,748 | |
Lam Research Corp. | 217,165 | 73,041,276 | |
Lattice Semiconductor Corp. (a) | 203,285 | 5,813,951 | |
MACOM Technology Solutions Holdings, Inc. (a) | 70,088 | 2,497,235 | |
Marvell Technology Group Ltd. | 991,401 | 38,446,531 | |
Maxeon Solar Technologies Ltd. (a)(b) | 1,581 | 32,853 | |
Maxim Integrated Products, Inc. | 400,574 | 27,415,285 | |
MaxLinear, Inc. Class A (a) | 94,245 | 2,294,866 | |
Microchip Technology, Inc. | 365,811 | 40,129,467 | |
Micron Technology, Inc. (a) | 1,663,697 | 75,714,850 | |
MKS Instruments, Inc. | 82,416 | 9,851,184 | |
Monolithic Power Systems, Inc. | 62,785 | 16,771,757 | |
MoSys, Inc. (a)(b) | 212 | 341 | |
NeoPhotonics Corp. (a) | 72,856 | 485,221 | |
NVE Corp. | 8,199 | 438,073 | |
NVIDIA Corp. | 922,066 | 493,286,869 | |
NXP Semiconductors NV | 416,800 | 52,416,768 | |
ON Semiconductor Corp. (a) | 608,233 | 12,997,939 | |
Onto Innovation, Inc. (a) | 71,985 | 2,248,811 | |
PDF Solutions, Inc. (a) | 44,435 | 919,805 | |
Photronics, Inc. (a) | 110,489 | 1,108,205 | |
Pixelworks, Inc. (a) | 47,729 | 108,822 | |
Power Integrations, Inc. | 89,082 | 4,985,920 | |
Qorvo, Inc. (a) | 173,369 | 22,238,042 | |
Qualcomm, Inc. | 1,686,140 | 200,819,274 | |
QuickLogic Corp. (a) | 13,181 | 42,179 | |
Rambus, Inc. (a) | 174,307 | 2,340,943 | |
Rubicon Technology, Inc. (a) | 1,766 | 14,622 | |
Semtech Corp. (a) | 99,441 | 5,832,215 | |
Silicon Laboratories, Inc. (a) | 65,592 | 6,717,277 | |
SiTime Corp. (b) | 7,924 | 522,033 | |
Skyworks Solutions, Inc. | 250,114 | 36,229,013 | |
SMART Global Holdings, Inc. (a)(b) | 19,784 | 498,557 | |
SolarEdge Technologies, Inc. (a) | 74,352 | 16,442,945 | |
SunPower Corp. (a)(b) | 127,854 | 1,430,686 | |
Synaptics, Inc. (a)(b) | 51,464 | 4,391,423 | |
Teradyne, Inc. | 249,922 | 21,235,872 | |
Texas Instruments, Inc. | 1,372,647 | 195,121,771 | |
Ultra Clean Holdings, Inc. (a) | 61,419 | 1,505,994 | |
Universal Display Corp. | 63,680 | 11,175,840 | |
Veeco Instruments, Inc. (a) | 76,114 | 904,995 | |
Xilinx, Inc. | 364,819 | 37,999,547 | |
2,407,861,953 | |||
Software - 9.5% | |||
2U, Inc. (a)(b) | 105,215 | 4,354,849 | |
8x8, Inc. (a) | 160,164 | 2,703,568 | |
A10 Networks, Inc. (a) | 96,596 | 825,896 | |
ACI Worldwide, Inc. (a) | 170,648 | 5,013,638 | |
Adobe, Inc. (a) | 721,871 | 370,601,353 | |
Agilysys, Inc. (a) | 25,278 | 641,303 | |
Alarm.com Holdings, Inc. (a) | 64,244 | 3,846,288 | |
Altair Engineering, Inc. Class A (a)(b) | 61,808 | 2,597,172 | |
Alteryx, Inc. Class A (a)(b) | 75,602 | 9,134,990 | |
American Software, Inc. Class A | 44,343 | 627,897 | |
Anaplan, Inc. (a) | 134,188 | 8,219,015 | |
ANSYS, Inc. (a) | 127,823 | 43,333,275 | |
AppFolio, Inc. (a) | 22,698 | 3,813,945 | |
Appian Corp. Class A (a)(b) | 52,614 | 3,222,081 | |
Aspen Technology, Inc. (a) | 101,927 | 12,947,787 | |
Asure Software, Inc. (a)(b) | 15,353 | 103,326 | |
AudioEye, Inc. (a) | 4,303 | 81,972 | |
Autodesk, Inc. (a) | 327,947 | 80,576,578 | |
Avalara, Inc. (a) | 108,394 | 14,352,450 | |
Avaya Holdings Corp. (a) | 129,804 | 2,014,558 | |
Benefitfocus, Inc. (a) | 47,187 | 487,914 | |
Bill.Com Holdings, Inc. (a) | 32,285 | 3,195,569 | |
Blackbaud, Inc. | 73,351 | 4,683,461 | |
BlackLine, Inc. (a)(b) | 66,638 | 5,822,162 | |
Bottomline Technologies, Inc. (a) | 55,734 | 2,654,610 | |
Box, Inc. Class A (a) | 226,506 | 4,446,313 | |
BSQUARE Corp. (a) | 7,885 | 12,379 | |
Cadence Design Systems, Inc. (a) | 418,549 | 46,421,270 | |
CDK Global, Inc. | 182,585 | 8,512,113 | |
Cerence, Inc. (a)(b) | 55,156 | 2,934,299 | |
Ceridian HCM Holding, Inc. (a) | 163,327 | 12,987,763 | |
ChannelAdvisor Corp. (a) | 43,568 | 732,814 | |
Citrix Systems, Inc. | 174,325 | 25,311,990 | |
Cleanspark, Inc. (a)(b) | 10,438 | 105,215 | |
Cloudera, Inc. (a)(b) | 392,202 | 5,180,988 | |
Cloudflare, Inc. (a) | 62,473 | 2,390,217 | |
CommVault Systems, Inc. (a) | 63,691 | 2,753,362 | |
Cornerstone OnDemand, Inc. (a) | 82,739 | 2,918,205 | |
Coupa Software, Inc. (a) | 99,849 | 32,724,511 | |
Crowdstrike Holdings, Inc. (a) | 30,998 | 3,897,379 | |
Datadog, Inc. Class A (a) | 43,293 | 3,617,130 | |
Digimarc Corp. (a)(b) | 18,025 | 288,040 | |
Digital Turbine, Inc. (a)(b) | 96,585 | 2,336,391 | |
DocuSign, Inc. (a) | 195,135 | 43,515,105 | |
Domo, Inc. Class B (a) | 32,769 | 1,334,354 | |
Dropbox, Inc. Class A (a) | 330,445 | 6,995,521 | |
Dynatrace, Inc. | 274,619 | 12,146,398 | |
Ebix, Inc. | 34,584 | 797,853 | |
eGain Communications Corp. (a) | 25,936 | 347,024 | |
Elastic NV (a) | 50,225 | 5,453,431 | |
Envestnet, Inc. (a) | 81,723 | 6,782,192 | |
Everbridge, Inc. (a)(b) | 51,963 | 7,722,221 | |
Evolving Systems, Inc. (a) | 3,507 | 3,717 | |
Fair Isaac Corp. (a) | 43,436 | 18,277,434 | |
FireEye, Inc. (a)(b) | 332,388 | 4,879,456 | |
Five9, Inc. (a) | 92,986 | 11,850,136 | |
Fortinet, Inc. (a) | 201,855 | 26,645,869 | |
GlowPoint, Inc. (a)(b) | 1,324 | 2,926 | |
GSE Systems, Inc. (a) | 274 | 255 | |
GTY Govtech, Inc. (a)(b) | 75,168 | 245,424 | |
Guidewire Software, Inc. (a) | 124,104 | 13,938,120 | |
HubSpot, Inc. (a) | 61,984 | 18,575,365 | |
Intelligent Systems Corp. (a)(b) | 8,512 | 319,966 | |
Intuit, Inc. | 390,774 | 134,969,432 | |
Inuvo, Inc. (a)(b) | 6,798 | 2,873 | |
j2 Global, Inc. (a)(b) | 67,867 | 4,750,011 | |
LivePerson, Inc. (a)(b) | 90,592 | 5,404,719 | |
Manhattan Associates, Inc. (a) | 94,692 | 9,208,797 | |
Marin Software, Inc. (a) | 1,005 | 1,367 | |
Medallia, Inc. (a)(b) | 41,461 | 1,500,474 | |
Microsoft Corp. | 11,365,712 | 2,563,309,027 | |
MicroStrategy, Inc. Class A (a) | 10,602 | 1,531,353 | |
Mitek Systems, Inc. (a) | 56,938 | 722,543 | |
MobileIron, Inc. (a) | 153,245 | 1,000,690 | |
Model N, Inc. (a) | 45,582 | 1,792,284 | |
NetSol Technologies, Inc. (a) | 11,760 | 34,692 | |
New Relic, Inc. (a) | 74,880 | 4,599,878 | |
Nortonlifelock, Inc. | 809,685 | 19,043,791 | |
Nuance Communications, Inc. (a) | 422,197 | 12,649,022 | |
Nutanix, Inc. Class A (a) | 222,643 | 6,392,081 | |
NXT-ID, Inc. (a) | 23,472 | 9,060 | |
Onespan, Inc. (a) | 49,452 | 1,065,691 | |
Oracle Corp. | 3,117,508 | 178,383,808 | |
Pagerduty, Inc. (a)(b) | 16,075 | 525,170 | |
Palo Alto Networks, Inc. (a)(b) | 145,377 | 37,421,494 | |
Parametric Technology Corp. (a) | 156,285 | 14,286,012 | |
Pareteum Corp. (a)(b) | 311,958 | 212,131 | |
Park City Group, Inc. (a) | 13,889 | 68,889 | |
Paycom Software, Inc. (a) | 72,422 | 21,687,492 | |
Paylocity Holding Corp. (a) | 52,878 | 7,786,286 | |
Pegasystems, Inc. | 56,570 | 7,267,548 | |
Ping Identity Holding Corp. (a)(b) | 46,115 | 1,589,584 | |
Pluralsight, Inc. (a)(b) | 147,901 | 2,830,825 | |
Progress Software Corp. | 64,236 | 2,433,902 | |
Proofpoint, Inc. (a) | 86,011 | 9,432,826 | |
PROS Holdings, Inc. (a) | 60,962 | 2,377,518 | |
Q2 Holdings, Inc. (a)(b) | 73,278 | 7,129,217 | |
QAD, Inc.: | |||
Class A | 16,286 | 740,687 | |
Class B | 3,031 | 101,993 | |
Qualys, Inc. (a)(b) | 50,000 | 5,307,000 | |
Qumu Corp. (a) | 4,243 | 22,615 | |
Rapid7, Inc. (a) | 69,732 | 4,502,595 | |
RealNetworks, Inc. (a)(b) | 20,218 | 26,283 | |
RealPage, Inc. (a) | 129,418 | 8,104,155 | |
Rimini Street, Inc. (a) | 7,044 | 30,853 | |
RingCentral, Inc. (a) | 115,322 | 33,532,178 | |
Riot Blockchain, Inc. (a)(b) | 39,765 | 139,178 | |
SailPoint Technologies Holding, Inc. (a) | 131,427 | 5,155,881 | |
Salesforce.com, Inc. (a) | 1,350,334 | 368,168,565 | |
SeaChange International, Inc. (a) | 41,040 | 54,994 | |
SecureWorks Corp. (a)(b) | 18,591 | 240,382 | |
ServiceNow, Inc. (a) | 285,507 | 137,620,084 | |
SharpSpring, Inc. (a) | 10,006 | 109,866 | |
ShotSpotter, Inc. (a)(b) | 11,876 | 355,805 | |
Slack Technologies, Inc. Class A (a)(b) | 94,455 | 3,101,902 | |
Smartsheet, Inc. (a) | 136,968 | 7,468,865 | |
Smith Micro Software, Inc. (a)(b) | 36,133 | 138,751 | |
SolarWinds, Inc. (a)(b) | 98,428 | 2,069,941 | |
Splunk, Inc. (a) | 237,778 | 52,151,849 | |
Sprout Social, Inc. (a) | 14,894 | 577,143 | |
SPS Commerce, Inc. (a) | 51,978 | 4,152,003 | |
SS&C Technologies Holdings, Inc. | 334,134 | 21,291,018 | |
Support.com, Inc. | 27,657 | 54,208 | |
SurveyMonkey (a) | 140,209 | 3,489,802 | |
Synacor, Inc. (a) | 14,131 | 16,392 | |
Synchronoss Technologies, Inc. (a)(b) | 70,864 | 311,093 | |
Synopsys, Inc. (a) | 225,365 | 49,873,275 | |
TeleNav, Inc. (a) | 57,591 | 264,343 | |
Tenable Holdings, Inc. (a) | 76,687 | 2,886,499 | |
Teradata Corp. (a)(b) | 157,479 | 3,834,614 | |
The Trade Desk, Inc. (a)(b) | 61,130 | 29,421,869 | |
Tyler Technologies, Inc. (a) | 59,615 | 20,585,656 | |
Upland Software, Inc. (a) | 33,847 | 1,327,479 | |
Varonis Systems, Inc. (a) | 48,499 | 5,991,081 | |
Verint Systems, Inc. (a) | 94,609 | 4,499,604 | |
Veritone, Inc. (a)(b) | 28,882 | 238,854 | |
VirnetX Holding Corp. (b) | 93,064 | 462,528 | |
VMware, Inc. Class A (a)(b) | 119,444 | 17,252,491 | |
Workday, Inc. Class A (a) | 244,707 | 58,658,715 | |
Workiva, Inc. (a) | 58,320 | 3,440,880 | |
Xperi Holding Corp. (b) | 172,198 | 2,157,641 | |
Yext, Inc. (a)(b) | 147,012 | 2,919,658 | |
Zendesk, Inc. (a) | 170,926 | 16,473,848 | |
Zix Corp. (a) | 89,040 | 539,582 | |
Zoom Video Communications, Inc. Class A (a) | 43,054 | 13,996,855 | |
Zscaler, Inc. (a) | 98,561 | 14,127,734 | |
Zuora, Inc. (a)(b) | 107,129 | 1,455,883 | |
4,894,124,460 | |||
Technology Hardware, Storage & Peripherals - 6.4% | |||
3D Systems Corp. (a)(b) | 190,021 | 1,043,215 | |
Apple, Inc. | 24,424,616 | 3,151,752,410 | |
Astro-Med, Inc. | 8,893 | 60,917 | |
Avid Technology, Inc. (a) | 50,894 | 412,241 | |
Boxlight Corp. (a) | 8,184 | 13,913 | |
Dell Technologies, Inc. (a) | 232,566 | 15,367,961 | |
Diebold Nixdorf, Inc. (a)(b) | 122,489 | 1,021,558 | |
Eastman Kodak Co. (a)(b) | 38,298 | 229,022 | |
Hewlett Packard Enterprise Co. | 1,922,015 | 18,585,885 | |
HP, Inc. | 2,136,307 | 41,764,802 | |
Immersion Corp. (a)(b) | 49,590 | 471,601 | |
Intevac, Inc. (a) | 20,520 | 123,120 | |
NCR Corp. (a) | 190,187 | 3,887,422 | |
NetApp, Inc. | 326,052 | 15,451,604 | |
One Stop Systems, Inc. (a) | 15,326 | 38,928 | |
Pure Storage, Inc. Class A (a) | 341,085 | 5,204,957 | |
Quantum Corp. (a) | 10,399 | 56,779 | |
Seagate Technology LLC | 339,327 | 16,284,303 | |
Super Micro Computer, Inc. (a) | 64,684 | 1,771,695 | |
Transact Technologies, Inc. | 2,406 | 12,944 | |
Western Digital Corp. | 453,236 | 17,413,327 | |
Xerox Holdings Corp. | 273,993 | 5,167,508 | |
3,296,136,112 | |||
TOTAL INFORMATION TECHNOLOGY | 14,210,671,503 | ||
MATERIALS - 2.6% | |||
Chemicals - 1.7% | |||
Advanced Emissions Solutions, Inc. | 27,740 | 107,354 | |
AdvanSix, Inc. (a) | 46,851 | 596,413 | |
AgroFresh Solutions, Inc. (a) | 31,343 | 77,731 | |
Air Products & Chemicals, Inc. | 330,736 | 96,660,903 | |
Albemarle Corp. U.S. | 159,974 | 14,559,234 | |
American Vanguard Corp. | 39,446 | 558,161 | |
Amyris, Inc. (a)(b) | 96,708 | 317,202 | |
Ashland Global Holdings, Inc. | 89,191 | 6,572,485 | |
Axalta Coating Systems Ltd. (a) | 317,145 | 7,563,908 | |
Balchem Corp. | 48,600 | 4,748,220 | |
Cabot Corp. | 80,720 | 2,987,447 | |
Celanese Corp. Class A | 177,352 | 17,939,155 | |
CF Industries Holdings, Inc. | 322,796 | 10,532,833 | |
Chase Corp. | 12,130 | 1,183,524 | |
Core Molding Technologies, Inc. (a) | 7,658 | 46,714 | |
Corteva, Inc. | 1,123,548 | 32,077,295 | |
Dow, Inc. | 1,103,688 | 49,798,403 | |
DuPont de Nemours, Inc. | 1,093,919 | 60,996,923 | |
Eastman Chemical Co. | 203,605 | 14,885,562 | |
Ecolab, Inc. | 370,795 | 73,076,279 | |
Element Solutions, Inc. (a) | 325,413 | 3,498,190 | |
Ferro Corp. (a) | 128,770 | 1,605,762 | |
Flotek Industries, Inc. (a)(b) | 92,584 | 212,017 | |
FMC Corp. | 194,577 | 20,792,498 | |
FutureFuel Corp. | 46,653 | 564,501 | |
GCP Applied Technologies, Inc. (a) | 83,062 | 2,164,596 | |
H.B. Fuller Co. | 74,147 | 3,571,661 | |
Hawkins, Inc. | 14,549 | 730,651 | |
Huntsman Corp. (b) | 292,314 | 6,319,829 | |
Ingevity Corp. (a) | 61,002 | 3,426,482 | |
Innospec, Inc. | 34,359 | 2,566,274 | |
International Flavors & Fragrances, Inc. (b) | 160,515 | 19,870,152 | |
Intrepid Potash, Inc. (a) | 16,217 | 151,467 | |
Koppers Holdings, Inc. (a) | 31,843 | 766,143 | |
Kraton Performance Polymers, Inc. (a) | 50,895 | 714,566 | |
Kronos Worldwide, Inc. | 40,122 | 501,124 | |
Linde PLC | 787,259 | 196,610,063 | |
Livent Corp. (a)(b) | 231,838 | 1,965,986 | |
Loop Industries, Inc. (a)(b) | 29,687 | 327,151 | |
LSB Industries, Inc. (a) | 30,831 | 67,212 | |
LyondellBasell Industries NV Class A | 384,812 | 25,197,490 | |
Marrone Bio Innovations, Inc. (a)(b) | 23,374 | 29,685 | |
Minerals Technologies, Inc. | 47,923 | 2,432,092 | |
NewMarket Corp. | 10,793 | 4,020,285 | |
Olin Corp. (b) | 240,435 | 2,704,894 | |
PolyOne Corp. | 136,725 | 3,489,222 | |
PPG Industries, Inc. | 351,617 | 42,334,687 | |
PQ Group Holdings, Inc. (a) | 65,765 | 766,162 | |
Quaker Chemical Corp. (b) | 19,871 | 3,775,490 | |
Rayonier Advanced Materials, Inc. (a) | 74,023 | 233,913 | |
RPM International, Inc. | 195,179 | 16,545,324 | |
Sensient Technologies Corp. | 60,827 | 3,358,867 | |
Sherwin-Williams Co. | 121,070 | 81,244,024 | |
Stepan Co. (b) | 29,299 | 3,377,882 | |
The Chemours Co. LLC | 246,695 | 5,096,719 | |
The Mosaic Co. | 526,489 | 9,597,894 | |
The Scotts Miracle-Gro Co. Class A | 59,657 | 10,053,994 | |
Trecora Resources (a) | 22,997 | 138,212 | |
Tredegar Corp. (b) | 40,390 | 683,803 | |
Trinseo SA (b) | 56,741 | 1,413,418 | |
Tronox Holdings PLC | 143,191 | 1,282,991 | |
Valhi, Inc. (b) | 4,257 | 59,428 | |
Valvoline, Inc. (b) | 279,459 | 5,700,964 | |
Venator Materials PLC (a) | 76,553 | 164,589 | |
W.R. Grace & Co. | 84,095 | 3,423,507 | |
Westlake Chemical Corp. | 51,280 | 3,041,930 | |
891,879,537 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 61,115 | 4,997,374 | |
Forterra, Inc. (a) | 30,729 | 407,159 | |
Martin Marietta Materials, Inc. | 93,580 | 18,984,575 | |
Summit Materials, Inc. (a) | 164,564 | 2,450,358 | |
Tecnoglass, Inc. | 26,251 | 144,643 | |
U.S. Concrete, Inc. (a)(b) | 24,753 | 660,658 | |
United States Lime & Minerals, Inc. | 2,834 | 261,096 | |
Vulcan Materials Co. | 199,474 | 23,936,880 | |
51,842,743 | |||
Containers & Packaging - 0.4% | |||
Amcor PLC | 2,346,119 | 25,948,076 | |
Aptargroup, Inc. (b) | 96,195 | 11,388,526 | |
Avery Dennison Corp. | 124,883 | 14,410,249 | |
Ball Corp. (b) | 488,026 | 39,222,650 | |
Berry Global Group, Inc. (a) | 198,279 | 10,219,300 | |
Crown Holdings, Inc. (a) | 202,567 | 15,567,274 | |
Graphic Packaging Holding Co. | 421,230 | 5,888,795 | |
Greif, Inc.: | |||
Class A | 42,028 | 1,548,732 | |
Class B | 9,160 | 375,835 | |
International Paper Co. | 591,030 | 21,436,658 | |
Myers Industries, Inc. | 59,336 | 907,841 | |
O-I Glass, Inc. (b) | 236,094 | 2,568,703 | |
Packaging Corp. of America | 141,684 | 14,344,088 | |
Ranpak Holdings Corp. (A Shares) (a) | 40,279 | 360,094 | |
Sealed Air Corp. | 235,157 | 9,241,670 | |
Silgan Holdings, Inc. | 116,354 | 4,428,433 | |
Sonoco Products Co. | 148,378 | 7,868,485 | |
UFP Technologies, Inc. (a) | 10,975 | 452,280 | |
WestRock Co. | 386,724 | 11,729,339 | |
197,907,028 | |||
Metals & Mining - 0.4% | |||
Alcoa Corp. (a) | 286,479 | 4,188,323 | |
Allegheny Technologies, Inc. (a) | 189,756 | 1,580,667 | |
Ampco-Pittsburgh Corp. (a) | 7,344 | 25,410 | |
Ampco-Pittsburgh Corp. rights 9/16/20 (a)(c) | 7,344 | 514 | |
Arconic Rolled Products Corp. (a) | 138,936 | 3,091,326 | |
Carpenter Technology Corp. (b) | 63,660 | 1,338,770 | |
Century Aluminum Co. (a) | 77,541 | 765,330 | |
Cleveland-Cliffs, Inc. (b) | 570,890 | 3,756,456 | |
Coeur d'Alene Mines Corp. (a) | 367,686 | 3,110,624 | |
Commercial Metals Co. | 183,534 | 3,830,355 | |
Compass Minerals International, Inc. | 51,622 | 2,938,840 | |
Comstock Mining, Inc. (a) | 1,600 | 1,824 | |
Contura Energy, Inc. (a) | 29,324 | 121,401 | |
Freeport-McMoRan, Inc. | 2,171,159 | 33,891,792 | |
Friedman Industries | 1,412 | 8,557 | |
General Moly, Inc. (a) | 42,674 | 5,334 | |
Gold Resource Corp. | 117,167 | 466,325 | |
Golden Minerals Co. (a)(b) | 50,080 | 23,327 | |
Haynes International, Inc. (b) | 18,671 | 349,895 | |
Hecla Mining Co. | 809,550 | 4,873,491 | |
Kaiser Aluminum Corp. | 24,863 | 1,598,194 | |
Materion Corp. | 31,348 | 1,711,287 | |
McEwen Mining, Inc. (a)(b) | 552,224 | 695,802 | |
Newmont Corp. | 1,204,674 | 81,050,467 | |
Nucor Corp. | 452,090 | 20,552,011 | |
Olympic Steel, Inc. | 11,343 | 124,773 | |
Paramount Gold Nevada Corp. (a)(b) | 5,612 | 6,847 | |
Ramaco Resources, Inc. (a)(b) | 2,665 | 8,048 | |
Reliance Steel & Aluminum Co. | 94,705 | 9,931,713 | |
Royal Gold, Inc. | 98,239 | 13,391,940 | |
Ryerson Holding Corp. (a) | 24,848 | 136,912 | |
Schnitzer Steel Industries, Inc. Class A | 42,919 | 847,221 | |
Solitario Exploration & Royalty Corp. (a) | 12,775 | 4,464 | |
Steel Dynamics, Inc. | 312,263 | 9,218,004 | |
SunCoke Energy, Inc. | 131,669 | 471,375 | |
Synalloy Corp. (a)(b) | 10,355 | 65,340 | |
TimkenSteel Corp. (a) | 63,432 | 239,139 | |
U.S. Antimony Corp. (a)(b) | 17,604 | 8,788 | |
United States Steel Corp. (b) | 334,899 | 2,622,259 | |
Universal Stainless & Alloy Products, Inc. (a) | 11,782 | 79,175 | |
Warrior Metropolitan Coal, Inc. | 77,118 | 1,193,015 | |
Worthington Industries, Inc. | 52,892 | 2,196,605 | |
210,521,940 | |||
Paper & Forest Products - 0.0% | |||
Boise Cascade Co. | 56,267 | 2,577,029 | |
Clearwater Paper Corp. (a) | 25,261 | 850,285 | |
Domtar Corp. | 83,569 | 2,383,388 | |
Louisiana-Pacific Corp. | 168,259 | 5,542,451 | |
Mercer International, Inc. (SBI) | 69,747 | 584,480 | |
Neenah, Inc. | 27,409 | 1,213,671 | |
P.H. Glatfelter Co. | 67,953 | 1,018,615 | |
Resolute Forest Products (a) | 138,617 | 655,658 | |
Schweitzer-Mauduit International, Inc. | 47,271 | 1,433,729 | |
Verso Corp. (b) | 52,466 | 687,829 | |
16,947,135 | |||
TOTAL MATERIALS | 1,369,098,383 | ||
REAL ESTATE - 3.3% | |||
Equity Real Estate Investment Trusts (REITs) - 3.2% | |||
Acadia Realty Trust (SBI) | 132,953 | 1,507,687 | |
Agree Realty Corp. | 83,471 | 5,585,879 | |
Alexander & Baldwin, Inc. | 110,286 | 1,335,563 | |
Alexanders, Inc. | 3,381 | 862,392 | |
Alexandria Real Estate Equities, Inc. | 190,603 | 32,093,733 | |
American Assets Trust, Inc. | 74,358 | 1,899,847 | |
American Campus Communities, Inc. | 208,661 | 7,073,608 | |
American Finance Trust, Inc. | 170,711 | 1,166,810 | |
American Homes 4 Rent Class A | 385,680 | 11,045,875 | |
American Tower Corp. | 664,420 | 165,540,243 | |
Americold Realty Trust | 301,224 | 11,551,940 | |
Apartment Investment & Management Co. Class A | 227,227 | 8,186,989 | |
Apple Hospitality (REIT), Inc. | 313,257 | 3,185,824 | |
Armada Hoffler Properties, Inc. | 89,175 | 900,668 | |
Ashford Hospitality Trust, Inc. (b) | 15,307 | 47,146 | |
AvalonBay Communities, Inc. | 211,779 | 33,473,789 | |
Bluerock Residential Growth (REIT), Inc. | 42,696 | 316,377 | |
Boston Properties, Inc. | 210,353 | 18,273,365 | |
Braemar Hotels & Resorts, Inc. | 44,906 | 107,325 | |
Brandywine Realty Trust (SBI) | 266,847 | 2,970,007 | |
Brixmor Property Group, Inc. | 444,130 | 5,240,734 | |
BRT Realty Trust | 48,044 | 641,387 | |
Camden Property Trust (SBI) | 146,300 | 13,304,522 | |
CareTrust (REIT), Inc. | 146,118 | 2,830,306 | |
CatchMark Timber Trust, Inc. | 71,008 | 705,109 | |
CBL & Associates Properties, Inc. (a)(b) | 286,456 | 53,281 | |
Cedar Realty Trust, Inc. (b) | 136,442 | 114,639 | |
Chatham Lodging Trust | 71,979 | 498,095 | |
CIM Commercial Trust Corp. | 1,423 | 14,700 | |
City Office REIT, Inc. | 78,940 | 634,678 | |
Clipper Realty, Inc. | 13,163 | 87,797 | |
Colony Capital, Inc. | 757,088 | 2,051,708 | |
Columbia Property Trust, Inc. | 159,122 | 1,877,640 | |
Community Healthcare Trust, Inc. | 29,476 | 1,376,529 | |
Condor Hospitality Trust, Inc. | 76 | 350 | |
CoreCivic, Inc. | 183,416 | 1,707,603 | |
CorEnergy Infrastructure Trust, Inc. | 20,064 | 179,372 | |
CorePoint Lodging, Inc. | 63,243 | 359,220 | |
CoreSite Realty Corp. | 60,305 | 7,384,347 | |
Corporate Office Properties Trust (SBI) | 166,665 | 4,106,626 | |
Cousins Properties, Inc. | 223,346 | 6,666,878 | |
Crown Castle International Corp. | 625,324 | 102,084,143 | |
CubeSmart | 292,701 | 9,255,206 | |
CyrusOne, Inc. | 173,475 | 14,490,367 | |
DiamondRock Hospitality Co. | 300,148 | 1,590,784 | |
Digital Realty Trust, Inc. | 401,763 | 62,534,411 | |
Diversified Healthcare Trust (SBI) | 353,177 | 1,342,073 | |
Douglas Emmett, Inc. | 244,555 | 6,827,976 | |
Duke Realty Corp. | 553,071 | 21,320,887 | |
Easterly Government Properties, Inc. | 116,454 | 2,817,022 | |
EastGroup Properties, Inc. | 57,628 | 7,673,744 | |
Empire State Realty Trust, Inc. | 225,707 | 1,421,954 | |
EPR Properties | 115,588 | 3,734,648 | |
Equinix, Inc. | 132,851 | 104,923,063 | |
Equity Commonwealth | 181,227 | 5,688,716 | |
Equity Lifestyle Properties, Inc. | 273,597 | 18,136,745 | |
Equity Residential (SBI) | 522,631 | 29,502,520 | |
Essential Properties Realty Trust, Inc. (b) | 139,858 | 2,373,390 | |
Essex Property Trust, Inc. | 98,034 | 21,225,341 | |
Extra Space Storage, Inc. | 194,786 | 20,754,448 | |
Farmland Partners, Inc. | 62,918 | 420,921 | |
Federal Realty Investment Trust (SBI) | 106,898 | 8,470,598 | |
First Industrial Realty Trust, Inc. | 183,585 | 7,829,900 | |
Four Corners Property Trust, Inc. | 109,837 | 2,773,384 | |
Franklin Street Properties Corp. | 165,692 | 734,016 | |
Front Yard Residential Corp. Class B | 78,810 | 768,398 | |
Gaming & Leisure Properties | 308,698 | 11,221,172 | |
Getty Realty Corp. | 57,222 | 1,676,032 | |
Gladstone Commercial Corp. | 49,049 | 961,851 | |
Gladstone Land Corp. | 28,395 | 446,937 | |
Global Medical REIT, Inc. | 53,029 | 678,241 | |
Global Net Lease, Inc. | 142,152 | 2,487,660 | |
Government Properties Income Trust | 73,127 | 1,743,348 | |
Healthcare Realty Trust, Inc. | 200,132 | 5,773,808 | |
Healthcare Trust of America, Inc. | 333,233 | 8,794,019 | |
Healthpeak Properties, Inc. | 805,536 | 22,265,015 | |
Hersha Hospitality Trust | 63,621 | 409,083 | |
Highwoods Properties, Inc. (SBI) | 156,374 | 5,826,495 | |
Hospitality Properties Trust (SBI) | 243,536 | 1,999,431 | |
Host Hotels & Resorts, Inc. | 1,066,829 | 11,980,490 | |
Hudson Pacific Properties, Inc. | 235,625 | 5,532,475 | |
Independence Realty Trust, Inc. | 136,713 | 1,600,909 | |
Industrial Logistics Properties Trust | 106,221 | 2,291,187 | |
Investors Real Estate Trust | 19,266 | 1,369,813 | |
Invitation Homes, Inc. | 818,439 | 23,431,909 | |
Iron Mountain, Inc. (b) | 431,332 | 12,978,780 | |
iStar Financial, Inc. (b) | 117,443 | 1,453,944 | |
JBG SMITH Properties | 174,057 | 4,816,157 | |
Jernigan Capital, Inc. | 43,051 | 742,199 | |
Kilroy Realty Corp. | 160,211 | 9,375,548 | |
Kimco Realty Corp. | 652,006 | 7,817,552 | |
Kite Realty Group Trust | 138,380 | 1,555,391 | |
Lamar Advertising Co. Class A | 130,831 | 9,057,430 | |
Lexington Corporate Properties Trust | 414,405 | 4,711,785 | |
Life Storage, Inc. | 71,518 | 7,540,143 | |
LTC Properties, Inc. | 61,542 | 2,245,668 | |
Mack-Cali Realty Corp. | 127,587 | 1,611,424 | |
Medical Properties Trust, Inc. | 793,297 | 14,739,458 | |
Mid-America Apartment Communities, Inc. | 171,868 | 20,129,180 | |
Monmouth Real Estate Investment Corp. Class A | 146,435 | 2,124,772 | |
National Health Investors, Inc. | 68,902 | 4,289,150 | |
National Retail Properties, Inc. | 260,569 | 9,234,565 | |
National Storage Affiliates Trust | 92,717 | 3,181,120 | |
New Senior Investment Group, Inc. | 141,875 | 621,413 | |
NexPoint Residential Trust, Inc. | 35,854 | 1,484,356 | |
Omega Healthcare Investors, Inc. | 337,261 | 10,444,973 | |
One Liberty Properties, Inc. | 28,884 | 553,417 | |
Outfront Media, Inc. | 216,698 | 3,668,697 | |
Paramount Group, Inc. | 253,226 | 1,873,872 | |
Park Hotels & Resorts, Inc. | 350,892 | 3,329,965 | |
Pebblebrook Hotel Trust | 199,539 | 2,518,182 | |
Pennsylvania Real Estate Investment Trust (SBI) (b) | 96,951 | 106,646 | |
Physicians Realty Trust | 307,886 | 5,588,131 | |
Piedmont Office Realty Trust, Inc. Class A | 195,046 | 2,986,154 | |
Plymouth Industrial REIT, Inc. | 18,206 | 243,050 | |
Postal Realty Trust, Inc. | 11,996 | 182,339 | |
Potlatch Corp. | 101,255 | 4,661,780 | |
Power (REIT) (a) | 507 | 10,317 | |
Preferred Apartment Communities, Inc. Class A | 69,336 | 457,618 | |
Prologis (REIT), Inc. | 1,103,867 | 112,439,893 | |
PS Business Parks, Inc. | 30,035 | 3,790,417 | |
Public Storage | 224,190 | 47,617,956 | |
QTS Realty Trust, Inc. Class A | 90,774 | 6,156,293 | |
Ramco-Gershenson Properties Trust (SBI) | 128,598 | 753,584 | |
Rayonier, Inc. | 211,224 | 6,184,639 | |
Realty Income Corp. | 517,517 | 32,101,580 | |
Regency Centers Corp. | 255,796 | 10,157,659 | |
Retail Opportunity Investments Corp. | 175,181 | 1,949,765 | |
Retail Properties America, Inc. | 332,500 | 2,098,075 | |
Retail Value, Inc. | 25,639 | 325,872 | |
Rexford Industrial Realty, Inc. | 182,469 | 8,754,863 | |
RLJ Lodging Trust | 241,194 | 2,276,871 | |
Ryman Hospitality Properties, Inc. | 85,249 | 3,253,102 | |
Sabra Health Care REIT, Inc. | 298,179 | 4,421,995 | |
Safety Income and Growth, Inc. | 19,928 | 1,105,406 | |
Saul Centers, Inc. | 20,051 | 561,829 | |
SBA Communications Corp. Class A | 167,012 | 51,117,363 | |
Seritage Growth Properties (a)(b) | 53,499 | 750,591 | |
Simon Property Group, Inc. | 458,689 | 31,122,049 | |
SITE Centers Corp. | 234,882 | 1,763,964 | |
SL Green Realty Corp. | 113,847 | 5,323,486 | |
Sotherly Hotels, Inc. (b) | 1,919 | 3,876 | |
Spirit Realty Capital, Inc. | 155,297 | 5,514,596 | |
Stag Industrial, Inc. | 209,539 | 6,768,110 | |
Store Capital Corp. | 337,859 | 9,135,707 | |
Summit Hotel Properties, Inc. | 162,132 | 954,957 | |
Sun Communities, Inc. | 147,952 | 22,056,684 | |
Sunstone Hotel Investors, Inc. | 310,710 | 2,588,214 | |
Tanger Factory Outlet Centers, Inc. (b) | 143,732 | 817,835 | |
Taubman Centers, Inc. | 90,221 | 3,455,464 | |
Terreno Realty Corp. | 102,731 | 6,126,877 | |
The GEO Group, Inc. | 186,435 | 2,080,615 | |
The Macerich Co. (b) | 168,557 | 1,336,657 | |
UDR, Inc. | 442,094 | 15,389,292 | |
UMH Properties, Inc. | 56,337 | 819,140 | |
Uniti Group, Inc. | 283,735 | 2,786,278 | |
Universal Health Realty Income Trust (SBI) | 18,836 | 1,256,738 | |
Urban Edge Properties | 177,682 | 1,876,322 | |
Urstadt Biddle Properties, Inc. Class A | 52,305 | 486,437 | |
Ventas, Inc. | 553,211 | 22,797,825 | |
VEREIT, Inc. | 1,616,135 | 10,860,427 | |
VICI Properties, Inc. | 705,191 | 15,753,967 | |
Vornado Realty Trust | 240,846 | 8,629,512 | |
Washington Prime Group, Inc. (b) | 294,616 | 200,339 | |
Washington REIT (SBI) | 127,784 | 2,803,581 | |
Weingarten Realty Investors (SBI) | 188,269 | 3,289,059 | |
Welltower, Inc. | 626,799 | 36,053,478 | |
Weyerhaeuser Co. | 1,122,451 | 34,021,490 | |
Wheeler REIT, Inc. (a)(b) | 4,774 | 13,510 | |
Whitestone REIT Class B | 59,850 | 384,836 | |
WP Carey, Inc. | 258,194 | 17,910,918 | |
Xenia Hotels & Resorts, Inc. | 175,666 | 1,577,481 | |
1,654,257,768 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a)(b) | 15,310 | 172,544 | |
CBRE Group, Inc. (a) | 502,396 | 23,627,684 | |
CTO Realty Growth, Inc. | 7,853 | 331,161 | |
eXp World Holdings, Inc. (a) | 34,778 | 1,546,925 | |
Forestar Group, Inc. (a)(b) | 24,130 | 428,790 | |
FRP Holdings, Inc. (a) | 12,536 | 514,979 | |
Griffin Industrial Realty, Inc. | 4,288 | 228,036 | |
Howard Hughes Corp. (a) | 67,827 | 4,009,254 | |
Jones Lang LaSalle, Inc. | 76,736 | 7,906,877 | |
Kennedy-Wilson Holdings, Inc. | 178,714 | 2,553,823 | |
Marcus & Millichap, Inc. (a) | 36,003 | 1,015,645 | |
Maui Land & Pineapple, Inc. (a) | 22,080 | 257,453 | |
Newmark Group, Inc. | 248,993 | 1,103,039 | |
RE/MAX Holdings, Inc. (b) | 28,337 | 995,762 | |
Realogy Holdings Corp. | 170,524 | 1,889,406 | |
Redfin Corp. (a) | 131,699 | 6,264,921 | |
Stratus Properties, Inc. (a) | 9,028 | 176,949 | |
Tejon Ranch Co. (a) | 27,612 | 395,128 | |
The RMR Group, Inc. | 23,590 | 665,710 | |
The St. Joe Co. (a)(b) | 46,995 | 1,090,754 | |
Transcontinental Realty Investors, Inc. (a) | 14,596 | 335,708 | |
Trinity Place Holdings, Inc. (a) | 4,950 | 7,079 | |
55,517,627 | |||
TOTAL REAL ESTATE | 1,709,775,395 | ||
UTILITIES - 2.7% | |||
Electric Utilities - 1.6% | |||
Allete, Inc. | 77,108 | 4,160,748 | |
Alliant Energy Corp. | 371,075 | 20,093,711 | |
American Electric Power Co., Inc. | 741,783 | 58,474,754 | |
Avangrid, Inc. | 83,054 | 3,989,914 | |
Duke Energy Corp. | 1,099,661 | 88,346,765 | |
Edison International | 567,385 | 29,776,365 | |
Entergy Corp. | 300,839 | 29,825,178 | |
Evergy, Inc. | 342,242 | 18,214,119 | |
Eversource Energy | 502,199 | 43,043,476 | |
Exelon Corp. | 1,454,720 | 53,693,715 | |
FirstEnergy Corp. | 817,624 | 23,375,870 | |
Genie Energy Ltd. Class B | 34,755 | 307,234 | |
Hawaiian Electric Industries, Inc. (b) | 164,885 | 5,706,670 | |
IDACORP, Inc. | 75,900 | 6,823,410 | |
MGE Energy, Inc. | 54,877 | 3,566,456 | |
NextEra Energy, Inc. | 733,692 | 204,824,796 | |
NRG Energy, Inc. | 364,472 | 12,541,482 | |
OGE Energy Corp. | 297,860 | 9,489,820 | |
Otter Tail Corp. | 63,346 | 2,460,992 | |
Pinnacle West Capital Corp. | 169,218 | 12,412,140 | |
PNM Resources, Inc. | 119,821 | 5,233,781 | |
Portland General Electric Co. | 131,667 | 5,023,096 | |
PPL Corp. | 1,153,798 | 31,879,439 | |
Southern Co. | 1,583,256 | 82,614,298 | |
Spark Energy, Inc. Class A, (b) | 17,335 | 159,309 | |
Xcel Energy, Inc. | 787,927 | 54,741,228 | |
810,778,766 | |||
Gas Utilities - 0.1% | |||
Atmos Energy Corp. | 182,628 | 18,229,927 | |
Chesapeake Utilities Corp. | 26,373 | 2,157,311 | |
National Fuel Gas Co. (b) | 136,865 | 6,246,519 | |
New Jersey Resources Corp. (b) | 141,520 | 4,265,413 | |
Northwest Natural Holding Co. | 48,642 | 2,486,093 | |
ONE Gas, Inc. | 78,995 | 5,855,109 | |
RGC Resources, Inc. | 11,687 | 272,541 | |
South Jersey Industries, Inc. | 142,369 | 3,153,473 | |
Southwest Gas Holdings, Inc. | 82,530 | 5,188,661 | |
Spire, Inc. (b) | 76,804 | 4,470,761 | |
UGI Corp. | 307,683 | 10,624,294 | |
62,950,102 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
Clearway Energy, Inc.: | |||
Class A | 29,153 | 704,045 | |
Class C | 132,271 | 3,374,233 | |
Ormat Technologies, Inc. (b) | 77,425 | 4,712,860 | |
Sunnova Energy International, Inc. (a) | 35,269 | 836,581 | |
The AES Corp. | 999,691 | 17,744,515 | |
Vistra Corp. | 671,070 | 12,904,676 | |
40,276,910 | |||
Multi-Utilities - 0.8% | |||
Ameren Corp. | 370,429 | 29,304,638 | |
Avista Corp. (b) | 100,350 | 3,698,901 | |
Black Hills Corp. | 95,506 | 5,355,976 | |
CenterPoint Energy, Inc. | 821,935 | 16,496,235 | |
CMS Energy Corp. | 428,466 | 25,917,908 | |
Consolidated Edison, Inc. | 497,288 | 35,476,526 | |
Dominion Energy, Inc. | 1,257,524 | 98,640,183 | |
DTE Energy Co. | 287,050 | 34,064,224 | |
MDU Resources Group, Inc. | 298,209 | 7,043,697 | |
NiSource, Inc. | 575,278 | 12,748,160 | |
NorthWestern Energy Corp. | 80,440 | 4,153,922 | |
Public Service Enterprise Group, Inc. | 758,884 | 39,644,100 | |
Sempra Energy | 437,525 | 54,099,966 | |
Unitil Corp. | 25,866 | 1,091,545 | |
WEC Energy Group, Inc. | 470,884 | 44,300,767 | |
412,036,748 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 57,037 | 4,339,375 | |
American Water Works Co., Inc. | 269,913 | 38,149,503 | |
Artesian Resources Corp. Class A | 10,684 | 375,970 | |
Cadiz, Inc. (a)(b) | 43,771 | 457,845 | |
California Water Service Group | 75,675 | 3,431,105 | |
Essential Utilities, Inc. | 333,390 | 14,169,075 | |
Global Water Resources, Inc. | 12,626 | 139,517 | |
Middlesex Water Co. | 27,005 | 1,731,831 | |
Pure Cycle Corp. (a) | 17,009 | 166,008 | |
SJW Corp. | 36,998 | 2,313,485 | |
York Water Co. | 23,393 | 1,066,955 | |
66,340,669 | |||
TOTAL UTILITIES | 1,392,383,195 | ||
TOTAL COMMON STOCKS | |||
(Cost $31,535,934,901) | 51,579,645,729 | ||
Money Market Funds - 1.8% | |||
Fidelity Cash Central Fund 0.12% (e) | 16,024,438 | 16,027,643 | |
Fidelity Securities Lending Cash Central Fund 0.11% (e)(f) | 887,493,271 | 887,582,020 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $903,579,078) | 903,609,663 | ||
TOTAL INVESTMENT IN SECURITIES - 101.5% | |||
(Cost $32,439,513,979) | 52,483,255,392 | ||
NET OTHER ASSETS (LIABILITIES) - (1.5)% | (767,278,379) | ||
NET ASSETS - 100% | $51,715,977,013 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 199 | Sept. 2020 | $15,534,935 | $423,645 | $423,645 |
CME E-mini S&P 500 Index Contracts (United States) | 606 | Sept. 2020 | 106,016,670 | 4,543,685 | 4,543,686 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 40 | Sept. 2020 | 7,703,200 | 177,311 | 177,311 |
TOTAL FUTURES CONTRACTS | $5,144,642 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Level 3 security
(d) 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 $2,216,671 or 0.0% of net assets.
(e) 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.
(f) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $17,248 |
Fidelity Securities Lending Cash Central Fund | 4,436,466 |
Total | $4,453,714 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $5,207,101,289 | $5,206,776,609 | $-- | $324,680 |
Consumer Discretionary | 6,381,751,213 | 6,381,751,213 | -- | -- |
Consumer Staples | 3,215,515,332 | 3,215,515,332 | -- | -- |
Energy | 1,126,367,922 | 1,126,367,922 | -- | -- |
Financials | 5,240,752,014 | 5,240,752,014 | -- | -- |
Health Care | 7,288,777,662 | 7,288,773,276 | 2,474 | 1,912 |
Industrials | 4,437,451,821 | 4,437,451,781 | -- | 40 |
Information Technology | 14,210,671,503 | 14,210,671,503 | -- | -- |
Materials | 1,369,098,383 | 1,369,097,869 | -- | 514 |
Real Estate | 1,709,775,395 | 1,709,775,395 | -- | -- |
Utilities | 1,392,383,195 | 1,392,383,195 | -- | -- |
Money Market Funds | 903,609,663 | 903,609,663 | -- | -- |
Total Investments in Securities: | $52,483,255,392 | $52,482,925,772 | $2,474 | $327,146 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $5,144,642 | $5,144,642 | $-- | $-- |
Total Assets | $5,144,642 | $5,144,642 | $-- | $-- |
Total Derivative Instruments: | $5,144,642 | $5,144,642 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $5,144,642 | $0 |
Total Equity Risk | 5,144,642 | 0 |
Total Value of Derivatives | $5,144,642 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Total Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2020 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $855,090,826) See accompanying schedule: Unaffiliated issuers (cost $31,535,934,901) | $51,579,645,729 | |
Fidelity Central Funds (cost $903,579,078) | 903,609,663 | |
Total Investment in Securities (cost $32,439,513,979) | $52,483,255,392 | |
Segregated cash with brokers for derivative instruments | 6,560,500 | |
Cash | 29,085 | |
Receivable for investments sold | 42,198,091 | |
Receivable for fund shares sold | 55,280,824 | |
Dividends receivable | 71,838,177 | |
Distributions receivable from Fidelity Central Funds | 1,032,530 | |
Other receivables | 1,157,307 | |
Total assets | 52,661,351,906 | |
Liabilities | ||
Payable for fund shares redeemed | $55,963,559 | |
Accrued management fee | 626,905 | |
Payable for daily variation margin on futures contracts | 235,571 | |
Other payables and accrued expenses | 1,207,906 | |
Collateral on securities loaned | 887,340,952 | |
Total liabilities | 945,374,893 | |
Net Assets | $51,715,977,013 | |
Net Assets consist of: | ||
Paid in capital | $32,111,039,647 | |
Total accumulated earnings (loss) | 19,604,937,366 | |
Net Assets | $51,715,977,013 | |
Net Asset Value and Maximum Offering Price | ||
Net Asset Value, offering price and redemption price per share ($51,715,977,013 ÷ 524,062,662 shares) | $98.68 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2020 (Unaudited) | ||
Investment Income | ||
Dividends | $402,287,515 | |
Interest | 7,863 | |
Income from Fidelity Central Funds (including $4,436,466 from security lending) | 4,453,714 | |
Total income | 406,749,092 | |
Expenses | ||
Management fee | $3,288,762 | |
Independent trustees' fees and expenses | 144,946 | |
Legal | 15 | |
Interest | 28,193 | |
Commitment fees | 31,046 | |
Total expenses before reductions | 3,492,962 | |
Expense reductions | (2,408) | |
Total expenses after reductions | 3,490,554 | |
Net investment income (loss) | 403,258,538 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (392,011,268) | |
Fidelity Central Funds | 31,668 | |
Foreign currency transactions | 3 | |
Futures contracts | (6,073,285) | |
Total net realized gain (loss) | (398,052,882) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 8,228,491,699 | |
Fidelity Central Funds | (13,989) | |
Futures contracts | 10,412,480 | |
Total change in net unrealized appreciation (depreciation) | 8,238,890,190 | |
Net gain (loss) | 7,840,837,308 | |
Net increase (decrease) in net assets resulting from operations | $8,244,095,846 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2020 (Unaudited) | Year ended February 29, 2020 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $403,258,538 | $927,392,110 |
Net realized gain (loss) | (398,052,882) | 12,310,807,893 |
Change in net unrealized appreciation (depreciation) | 8,238,890,190 | (9,329,265,371) |
Net increase (decrease) in net assets resulting from operations | 8,244,095,846 | 3,908,934,632 |
Distributions to shareholders | (126,619,914) | (1,042,068,060) |
Share transactions - net increase (decrease) | (2,387,495,424) | (16,484,258,670) |
Total increase (decrease) in net assets | 5,729,980,508 | (13,617,392,098) |
Net Assets | ||
Beginning of period | 45,985,996,505 | 59,603,388,603 |
End of period | $51,715,977,013 | $45,985,996,505 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Total Market Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2020 | 2020A | 2019 | 2018 | 2017 | 2016A | |
Selected PerShare Data | ||||||
Net asset value, beginning of period | $83.06 | $79.36 | $77.42 | $68.19 | $55.31 | $61.58 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .75 | 1.57 | 1.45 | 1.36 | 1.28 | 1.17 |
Net realized and unrealized gain (loss) | 15.10 | 3.88 | 2.28 | 9.65 | 13.17 | (5.98) |
Total from investment operations | 15.85 | 5.45 | 3.73 | 11.01 | 14.45 | (4.81) |
Distributions from net investment income | (.23) | (1.63) | (1.46) | (1.27) | (1.17) | (1.15) |
Distributions from net realized gain | | (.13) | (.34) | (.51) | (.39) | (.31) |
Total distributions | (.23) | (1.75)C | (1.79)D | (1.78) | (1.57)E | (1.46) |
Redemption fees added to paid in capitalB | | | | | F | F |
Net asset value, end of period | $98.68 | $83.06 | $79.36 | $77.42 | $68.19 | $55.31 |
Total ReturnG,H | 19.17% | 6.77% | 5.02% | 16.25% | 26.32% | (7.91)% |
Ratios to Average Net AssetsI,J | ||||||
Expenses before reductions | .02%K | .02% | .02% | .02% | .02% | .05% |
Expenses net of fee waivers, if any | .02%K | .02% | .02% | .02% | .02% | .04% |
Expenses net of all reductions | .02%K | .02% | .02% | .02% | .02% | .04% |
Net investment income (loss) | 1.79%K | 1.84% | 1.90% | 1.86% | 2.02% | 1.97% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $51,715,923 | $45,985,996 | $43,922,333 | $6,114,864 | $4,684,669 | $800,304 |
Portfolio turnover rateL | 3%K | 11%M | 8% | 2% | 4% | 3% |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Total distributions of $1.75 per share is comprised of distributions from net investment income of $1.627 and distributions from net realized gain of $.127 per share.
D Total distributions of $1.79 per share is comprised of distributions from net investment income of $1.456 and distributions from net realized gain of $.338 per share.
E Total distributions of $1.57 per share is comprised of distributions from net investment income of $1.173 and distributions from net realized gain of $.393 per share.
F Amount represents less than $.005 per share.
G Total returns for periods of less than one year are not annualized.
H Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
I Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
J Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment adviser, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
K Annualized
L Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
M Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Tesla, Inc. | 6.7 |
Square, Inc. | 1.0 |
lululemon athletica, Inc. | 0.8 |
Workday, Inc. Class A | 0.7 |
Veeva Systems, Inc. Class A | 0.7 |
Twilio, Inc. Class A | 0.7 |
The Blackstone Group LP | 0.7 |
NXP Semiconductors NV | 0.7 |
Splunk, Inc. | 0.6 |
CoStar Group, Inc. | 0.6 |
13.2 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Information Technology | 21.4 |
Consumer Discretionary | 17.3 |
Health Care | 14.9 |
Financials | 13.0 |
Industrials | 11.8 |
Real Estate | 7.0 |
Communication Services | 4.7 |
Materials | 3.5 |
Consumer Staples | 2.7 |
Utilities | 2.0 |
Fidelity® Extended Market Index Fund
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.8% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 4.7% | |||
Diversified Telecommunication Services - 0.7% | |||
Alaska Communication Systems Group, Inc. (a) | 193,163 | $432,685 | |
ATN International, Inc. | 52,395 | 3,038,910 | |
Bandwidth, Inc. (a)(b) | 80,321 | 12,648,951 | |
Cincinnati Bell, Inc. (b) | 240,253 | 3,618,210 | |
Cogent Communications Group, Inc. (a) | 198,647 | 13,360,997 | |
Consolidated Communications Holdings, Inc. (a)(b) | 348,515 | 2,711,447 | |
GCI Liberty, Inc. (b) | 450,867 | 36,421,036 | |
Globalstar, Inc. (a)(b) | 3,208,461 | 1,073,230 | |
IDT Corp. Class B (b) | 105,714 | 689,255 | |
Iridium Communications, Inc. (b) | 461,430 | 12,924,654 | |
Liberty Global PLC: | |||
Class A (b) | 745,260 | 17,416,726 | |
Class B (b) | 300 | 7,038 | |
Class C (b) | 1,851,353 | 42,599,633 | |
Liberty Latin America Ltd.: | |||
Class A (b) | 161,607 | 1,583,749 | |
Class C (b) | 579,065 | 5,524,280 | |
Ooma, Inc. (b) | 102,087 | 1,392,467 | |
ORBCOMM, Inc. (b) | 393,191 | 1,576,696 | |
Otelco, Inc. (b) | 200 | 2,296 | |
PDVWireless, Inc. (b) | 57,021 | 2,494,099 | |
Vonage Holdings Corp. (b) | 1,089,456 | 12,474,271 | |
171,990,630 | |||
Entertainment - 0.7% | |||
AMC Entertainment Holdings, Inc. Class A (a) | 262,501 | 1,543,506 | |
Ballantyne of Omaha, Inc. (b) | 46,879 | 73,131 | |
Chicken Soup For The Soul Entertainment, Inc. (a)(b) | 544 | 8,138 | |
Cinedigm Corp. (b) | 172,847 | 152,105 | |
Cinemark Holdings, Inc. (a) | 501,418 | 7,345,774 | |
Gaia, Inc. Class A (a)(b) | 70,283 | 822,311 | |
Glu Mobile, Inc. (b) | 617,280 | 4,901,203 | |
Lions Gate Entertainment Corp.: | |||
Class A (a)(b) | 299,542 | 2,917,539 | |
Class B (b) | 472,810 | 4,283,659 | |
LiveXLive Media, Inc. (a)(b) | 155,419 | 419,631 | |
Madison Square Garden Entertainment Corp. (b) | 80,467 | 6,048,704 | |
Marcus Corp. | 108,239 | 1,696,105 | |
NTN Communications, Inc. (b) | 20,786 | 37,623 | |
Reading International, Inc. Class A (b) | 94,967 | 389,365 | |
Roku, Inc. Class A (b) | 432,047 | 74,951,514 | |
Rosetta Stone, Inc. (b) | 118,480 | 3,599,422 | |
Sciplay Corp. (A Shares) (b) | 105,796 | 1,394,920 | |
The Madison Square Garden Co. (b) | 81,333 | 13,338,612 | |
Warner Music Group Corp. Class A | 365,904 | 10,852,713 | |
World Wrestling Entertainment, Inc. Class A (a) | 218,805 | 9,642,736 | |
Zynga, Inc. (b) | 4,523,930 | 40,986,806 | |
185,405,517 | |||
Interactive Media & Services - 1.5% | |||
ANGI Homeservices, Inc. Class A (a)(b) | 295,990 | 4,106,861 | |
Autoweb, Inc. (a)(b) | 46,143 | 247,788 | |
CarGurus, Inc. Class A (b) | 338,790 | 8,259,700 | |
Cars.com, Inc. (a)(b) | 302,182 | 2,622,940 | |
DHI Group, Inc. (b) | 262,377 | 637,576 | |
Eventbrite, Inc. (a)(b) | 156,609 | 1,683,547 | |
EverQuote, Inc. Class A (b) | 49,240 | 1,748,020 | |
InterActiveCorp (b) | 344,138 | 45,766,913 | |
Izea Worldwide, Inc. (a)(b) | 111,221 | 125,680 | |
Liberty TripAdvisor Holdings, Inc. (b) | 291,579 | 816,421 | |
Match Group, Inc. (b) | 1,011,320 | 112,944,218 | |
MeetMe, Inc. (b) | 309,033 | 1,946,908 | |
Pinterest, Inc. Class A (b) | 534,739 | 19,673,048 | |
Professional Diversity Network, Inc. (a)(b) | 5,685 | 6,339 | |
QuinStreet, Inc. (b) | 221,035 | 2,906,610 | |
Snap, Inc. Class A (b) | 3,869,643 | 87,415,235 | |
Travelzoo, Inc. (b) | 17,983 | 143,684 | |
TripAdvisor, Inc. | 480,177 | 11,221,736 | |
TrueCar, Inc. (b) | 424,994 | 2,010,222 | |
Yelp, Inc. (a)(b) | 303,042 | 7,006,331 | |
Zedge, Inc. (a)(b) | 22,584 | 31,618 | |
Zillow Group, Inc.: | |||
Class A (b) | 166,153 | 14,169,528 | |
Class C (a)(b) | 655,539 | 56,219,025 | |
381,709,948 | |||
Media - 1.7% | |||
A.H. Belo Corp. Class A | 71,028 | 109,383 | |
Altice U.S.A., Inc. Class A (b) | 1,280,053 | 35,303,862 | |
AMC Networks, Inc. Class A (a)(b) | 188,050 | 4,567,735 | |
Beasley Broadcast Group, Inc. Class A | 15,847 | 24,087 | |
Boston Omaha Corp. (a)(b) | 59,646 | 972,826 | |
Cable One, Inc. | 24,757 | 45,561,050 | |
Cardlytics, Inc. (a)(b) | 97,494 | 7,394,920 | |
Cbdmd, Inc. (a)(b) | 199,426 | 492,582 | |
Central European Media Enterprises Ltd. Class A (b) | 450,905 | 1,869,001 | |
Clear Channel Outdoor Holdings, Inc. (b) | 1,714,029 | 2,005,414 | |
comScore, Inc. (b) | 245,403 | 645,410 | |
Creative Realities, Inc. (a)(b) | 27,236 | 37,586 | |
Cumulus Media, Inc. (a)(b) | 80,537 | 400,269 | |
Daily Journal Corp. (a)(b) | 4,533 | 1,247,482 | |
E.W. Scripps Co. Class A | 256,753 | 2,855,093 | |
Emerald Expositions Events, Inc. (a) | 131,779 | 363,710 | |
Entercom Communications Corp. Class A | 571,458 | 857,187 | |
Entravision Communication Corp. Class A | 291,837 | 443,592 | |
Fluent, Inc. (b) | 183,347 | 568,376 | |
Gannett Co., Inc. (a) | 592,584 | 1,025,170 | |
Gray Television, Inc. (b) | 405,341 | 6,290,892 | |
Hemisphere Media Group, Inc. (b) | 92,913 | 826,926 | |
iHeartMedia, Inc. (a)(b) | 285,657 | 2,633,758 | |
Insignia Systems, Inc. (b) | 22,471 | 17,352 | |
John Wiley & Sons, Inc. Class A | 212,986 | 6,741,007 | |
Lee Enterprises, Inc. (a)(b) | 318,371 | 280,994 | |
Liberty Broadband Corp.: | |||
Class A (b) | 93,672 | 12,944,534 | |
Class C (b) | 740,131 | 103,684,952 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (a)(b) | 58,281 | 1,141,725 | |
Liberty Braves Class C (b) | 156,959 | 3,049,713 | |
Liberty Formula One Group Series C (b) | 959,728 | 37,410,197 | |
Liberty Media Class A (b) | 120,484 | 4,359,111 | |
Liberty SiriusXM Series A (a)(b) | 367,014 | 13,326,278 | |
Liberty SiriusXM Series C (b) | 807,771 | 29,075,717 | |
Loral Space & Communications Ltd. | 63,646 | 1,500,136 | |
Marchex, Inc. Class B (b) | 161,827 | 289,670 | |
MDC Partners, Inc. Class A (b) | 246,611 | 540,078 | |
Mediaco Holding, Inc. (a)(b) | 3,719 | 13,537 | |
Meredith Corp. (a) | 196,165 | 2,746,310 | |
MSG Network, Inc. Class A (a)(b) | 212,812 | 2,072,789 | |
National CineMedia, Inc. | 299,105 | 1,079,769 | |
Nexstar Broadcasting Group, Inc. Class A | 213,930 | 20,539,419 | |
Saga Communications, Inc. Class A | 17,467 | 393,008 | |
Salem Communications Corp. Class A (a) | 38,194 | 37,048 | |
Scholastic Corp. | 144,686 | 3,255,435 | |
Sinclair Broadcast Group, Inc. Class A (a) | 254,282 | 5,291,608 | |
Sirius XM Holdings, Inc. | 6,393,070 | 37,527,321 | |
SPAR Group, Inc. (b) | 143,038 | 121,740 | |
Srax, Inc. (a)(b) | 55,736 | 168,323 | |
Srax, Inc. rights 12/31/20 (b)(c) | 34,667 | 6,240 | |
TechTarget, Inc. (b) | 111,643 | 4,429,994 | |
Tegna, Inc. | 1,031,098 | 12,909,347 | |
The New York Times Co. Class A | 682,559 | 29,575,281 | |
Townsquare Media, Inc. | 39,720 | 184,698 | |
Tribune Publishing Co. | 94,661 | 1,074,402 | |
Urban One, Inc. Class D (non-vtg.) (b) | 112,382 | 122,496 | |
WideOpenWest, Inc. (b) | 120,497 | 692,858 | |
Xcel Brands, Inc. (a)(b) | 41,881 | 33,593 | |
453,132,991 | |||
Wireless Telecommunication Services - 0.1% | |||
Boingo Wireless, Inc. (b) | 214,050 | 2,780,510 | |
Gogo, Inc. (a)(b) | 250,490 | 1,287,519 | |
NII Holdings, Inc. (b)(c) | 489,197 | 1,061,557 | |
Shenandoah Telecommunications Co. | 220,020 | 12,167,106 | |
Spok Holdings, Inc. | 96,009 | 1,040,738 | |
Telephone & Data Systems, Inc. | 440,906 | 10,198,156 | |
U.S. Cellular Corp. (b) | 69,018 | 2,510,875 | |
31,046,461 | |||
TOTAL COMMUNICATION SERVICES | 1,223,285,547 | ||
CONSUMER DISCRETIONARY - 17.3% | |||
Auto Components - 0.9% | |||
Adient PLC (b) | 406,893 | 7,055,525 | |
American Axle & Manufacturing Holdings, Inc. (b) | 537,525 | 4,181,945 | |
Autoliv, Inc. | 368,723 | 28,885,760 | |
Cooper Tire & Rubber Co. (a) | 238,027 | 8,228,593 | |
Cooper-Standard Holding, Inc. (b) | 81,829 | 1,482,741 | |
Dana, Inc. | 683,533 | 9,535,285 | |
Delphi Technologies PLC (b) | 408,041 | 7,087,672 | |
Dorman Products, Inc. (b) | 135,797 | 11,500,648 | |
Fox Factory Holding Corp. (a)(b) | 192,610 | 19,417,014 | |
Garrett Motion, Inc. (b) | 353,298 | 971,570 | |
Gentex Corp. | 1,154,026 | 31,216,403 | |
Gentherm, Inc. (b) | 155,561 | 7,036,024 | |
Horizon Global Corp. (b) | 113,949 | 683,694 | |
LCI Industries | 118,040 | 13,412,885 | |
Lear Corp. | 256,189 | 29,187,613 | |
Modine Manufacturing Co. (b) | 250,078 | 1,693,028 | |
Motorcar Parts of America, Inc. (a)(b) | 93,916 | 1,635,078 | |
Shiloh Industries, Inc. (a)(b) | 59,119 | 23,062 | |
Standard Motor Products, Inc. | 92,866 | 4,219,831 | |
Stoneridge, Inc. (b) | 128,284 | 2,591,337 | |
Strattec Security Corp. | 16,077 | 336,331 | |
Superior Industries International, Inc. (b) | 124,446 | 191,647 | |
Sypris Solutions, Inc. (b) | 33,367 | 37,371 | |
Tenneco, Inc. (a)(b) | 280,096 | 2,277,180 | |
The Goodyear Tire & Rubber Co. | 1,083,750 | 10,398,581 | |
Unique Fabricating, Inc. (b) | 9,426 | 31,671 | |
Veoneer, Inc. (a)(b) | 468,182 | 6,498,366 | |
Visteon Corp. (b) | 130,403 | 9,836,298 | |
Workhorse Group, Inc. (a)(b) | 260,232 | 4,712,802 | |
XPEL, Inc. (a)(b) | 78,776 | 1,961,522 | |
226,327,477 | |||
Automobiles - 6.9% | |||
Arcimoto, Inc. (a)(b) | 68,241 | 413,540 | |
DropCar, Inc. (a)(b) | 328 | 1,125 | |
Harley-Davidson, Inc. | 723,306 | 20,042,809 | |
Tesla, Inc. (b) | 3,454,930 | 1,721,660,690 | |
Thor Industries, Inc. | 261,064 | 24,652,274 | |
Winnebago Industries, Inc. (a) | 160,719 | 8,675,612 | |
1,775,446,050 | |||
Distributors - 0.3% | |||
Core-Mark Holding Co., Inc. | 207,946 | 6,949,555 | |
Educational Development Corp. | 32,392 | 496,245 | |
Funko, Inc. (a)(b) | 87,402 | 510,428 | |
Pool Corp. | 188,454 | 61,782,759 | |
Weyco Group, Inc. | 33,001 | 594,018 | |
70,333,005 | |||
Diversified Consumer Services - 1.0% | |||
Adtalem Global Education, Inc. (b) | 239,430 | 7,949,076 | |
American Public Education, Inc. (b) | 72,111 | 2,267,170 | |
Aspen Group, Inc. (b) | 75,474 | 964,558 | |
Bright Horizons Family Solutions, Inc. (b) | 275,629 | 36,661,413 | |
Career Education Corp. (b) | 334,834 | 4,811,565 | |
Carriage Services, Inc. | 80,618 | 1,784,883 | |
Chegg, Inc. (b) | 556,549 | 41,039,923 | |
Collectors Universe, Inc. | 34,205 | 1,521,780 | |
Franchise Group, Inc. (a) | 52,988 | 1,301,385 | |
Frontdoor, Inc. (b) | 403,501 | 17,580,539 | |
Graham Holdings Co. | 19,205 | 8,218,780 | |
Grand Canyon Education, Inc. (b) | 223,350 | 21,003,834 | |
Houghton Mifflin Harcourt Co. (b) | 514,416 | 1,162,580 | |
K12, Inc. (b) | 185,842 | 6,915,181 | |
Laureate Education, Inc. Class A (b) | 518,642 | 6,493,398 | |
Lincoln Educational Services Corp. (b) | 82,611 | 650,149 | |
OneSpaWorld Holdings Ltd. (a) | 166,392 | 1,153,097 | |
Regis Corp. (a)(b) | 125,533 | 927,689 | |
Select Interior Concepts, Inc. (b) | 96,538 | 596,605 | |
Service Corp. International | 836,440 | 38,183,486 | |
ServiceMaster Global Holdings, Inc. (b) | 624,150 | 24,903,585 | |
Strategic Education, Inc. | 114,918 | 11,787,139 | |
Universal Technical Institute, Inc. (b) | 129,724 | 914,554 | |
Vivint Smart Home, Inc. Class A (a)(b) | 187,848 | 3,334,302 | |
Weight Watchers International, Inc. (b) | 220,229 | 5,170,977 | |
Xpresspa Group, Inc. (a)(b) | 130,547 | 301,564 | |
Zovio, Inc. (a)(b) | 125,853 | 543,685 | |
248,142,897 | |||
Hotels, Restaurants & Leisure - 2.2% | |||
Accel Entertainment, Inc. (a)(b) | 199,858 | 2,370,316 | |
ARAMARK Holdings Corp. | 1,193,357 | 32,888,919 | |
Ark Restaurants Corp. | 8,300 | 80,593 | |
BBQ Holdings, Inc. (b) | 20,922 | 90,383 | |
BFC Financial Corp. Class A | 64,600 | 994,840 | |
Biglari Holdings, Inc. (b) | 449 | 209,010 | |
Biglari Holdings, Inc. (b) | 4,931 | 488,662 | |
BJ's Restaurants, Inc. | 104,336 | 3,288,671 | |
Bloomin' Brands, Inc. (a) | 417,202 | 5,982,677 | |
Bluegreen Vacations Corp. (a) | 41,601 | 231,302 | |
Boyd Gaming Corp. | 382,002 | 10,230,014 | |
Brinker International, Inc. | 209,011 | 9,413,855 | |
Caesars Entertainment, Inc. (b) | 720,434 | 32,995,877 | |
Carrols Restaurant Group, Inc. (a)(b) | 198,974 | 1,325,167 | |
Century Casinos, Inc. (b) | 135,738 | 834,789 | |
Choice Hotels International, Inc. (a) | 148,443 | 14,738,905 | |
Churchill Downs, Inc. | 164,084 | 28,675,320 | |
Chuy's Holdings, Inc. (b) | 82,945 | 1,844,697 | |
Cracker Barrel Old Country Store, Inc. | 112,715 | 15,071,123 | |
Dave & Buster's Entertainment, Inc. (a) | 227,436 | 3,782,261 | |
Del Taco Restaurants, Inc. (b) | 155,797 | 1,310,253 | |
Denny's Corp. (b) | 265,353 | 3,040,945 | |
Dine Brands Global, Inc. (a) | 78,022 | 4,646,990 | |
Dover Motorsports, Inc. | 22,265 | 32,062 | |
DraftKings, Inc. Class A (a)(b) | 1,156,097 | 40,879,590 | |
Drive Shack, Inc. (a)(b) | 295,229 | 410,368 | |
Dunkin' Brands Group, Inc. | 386,439 | 29,400,279 | |
El Pollo Loco Holdings, Inc. (a)(b) | 99,399 | 1,776,260 | |
Everi Holdings, Inc. (b) | 397,717 | 3,086,284 | |
Extended Stay America, Inc. unit | 840,876 | 10,502,541 | |
Fiesta Restaurant Group, Inc. (b) | 104,849 | 1,050,587 | |
Flanigans Enterprises, Inc. (b) | 1,099 | 18,787 | |
Full House Resorts, Inc. (b) | 108,670 | 206,473 | |
Golden Entertainment, Inc. (b) | 97,885 | 1,256,843 | |
Good Times Restaurants, Inc. (b) | 40,245 | 61,977 | |
Hilton Grand Vacations, Inc. (b) | 408,930 | 8,959,656 | |
Hyatt Hotels Corp. Class A | 164,730 | 9,305,598 | |
Inspired Entertainment, Inc. (a)(b) | 65,633 | 234,966 | |
J. Alexanders Holdings, Inc. (b) | 68,394 | 279,731 | |
Jack in the Box, Inc. | 106,898 | 8,807,326 | |
Kura Sushi U.S.A., Inc. Class A (a)(b) | 15,421 | 188,445 | |
Lindblad Expeditions Holdings (b) | 126,946 | 1,257,400 | |
Luby's, Inc. (b) | 53,936 | 62,026 | |
Marriott Vacations Worldwide Corp. | 171,007 | 16,189,233 | |
Monarch Casino & Resort, Inc. (a)(b) | 59,786 | 2,750,754 | |
Nathan's Famous, Inc. (a) | 14,061 | 737,499 | |
New Canterbury Park Holding Co. | 400 | 4,768 | |
Noodles & Co. (a)(b) | 149,847 | 1,140,336 | |
Papa John's International, Inc. | 104,280 | 10,249,681 | |
Penn National Gaming, Inc. (b) | 609,429 | 31,141,822 | |
Planet Fitness, Inc. (a)(b) | 378,833 | 23,029,258 | |
Playa Hotels & Resorts NV (a)(b) | 259,648 | 1,095,715 | |
PlayAGS, Inc. (b) | 128,219 | 512,876 | |
Potbelly Corp. (a)(b) | 129,702 | 555,125 | |
Rave Restaurant Group, Inc. (a)(b) | 27,004 | 12,697 | |
RCI Hospitality Holdings, Inc. (a) | 43,450 | 830,764 | |
Red Lion Hotels Corp. (b) | 142,774 | 324,097 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 63,919 | 709,501 | |
Red Rock Resorts, Inc. | 332,752 | 5,681,740 | |
Ruth's Hospitality Group, Inc. | 138,050 | 1,418,464 | |
Scientific Games Corp. Class A (a)(b) | 259,101 | 5,359,504 | |
SeaWorld Entertainment, Inc. (b) | 186,162 | 3,797,705 | |
Shake Shack, Inc. Class A (a)(b) | 166,401 | 11,356,868 | |
Six Flags Entertainment Corp. | 365,821 | 7,949,290 | |
Target Hospitality Corp. (b) | 161,509 | 234,188 | |
Texas Roadhouse, Inc. Class A | 309,525 | 19,496,980 | |
The Cheesecake Factory, Inc. (a) | 202,196 | 5,970,848 | |
The ONE Group Hospitality, Inc. (a)(b) | 9,510 | 17,974 | |
Town Sports International Holdings, Inc. (a)(b) | 117,611 | 69,402 | |
Twin River Worldwide Holdings, Inc. | 97,475 | 2,332,577 | |
Vail Resorts, Inc. | 189,588 | 41,267,620 | |
Wendy's Co. | 833,099 | 17,445,093 | |
Wingstop, Inc. | 139,816 | 22,845,934 | |
Wyndham Destinations, Inc. | 394,472 | 11,435,743 | |
Wyndham Hotels & Resorts, Inc. | 441,765 | 23,130,815 | |
561,407,639 | |||
Household Durables - 0.9% | |||
Bassett Furniture Industries, Inc. | 44,549 | 561,317 | |
Beazer Homes U.S.A., Inc. (b) | 145,583 | 1,781,936 | |
Casper Sleep, Inc. (a) | 47,779 | 433,833 | |
Cavco Industries, Inc. (b) | 40,826 | 7,794,092 | |
Century Communities, Inc. (b) | 135,763 | 4,844,024 | |
Comstock Holding Companies, Inc. (b) | 5,255 | 13,085 | |
Dixie Group, Inc. (b) | 52,063 | 49,980 | |
Emerson Radio Corp. (b) | 23,944 | 17,599 | |
Ethan Allen Interiors, Inc. | 108,114 | 1,539,543 | |
Flexsteel Industries, Inc. | 27,568 | 457,077 | |
GoPro, Inc. Class A (b) | 611,497 | 2,806,771 | |
Green Brick Partners, Inc. (b) | 113,220 | 1,612,253 | |
Hamilton Beach Brands Holding Co. Class A | 28,396 | 620,453 | |
Helen of Troy Ltd. (b) | 119,454 | 24,705,476 | |
Hooker Furniture Corp. | 56,516 | 1,393,119 | |
Hovnanian Enterprises, Inc. Class A (b) | 22,827 | 714,942 | |
Installed Building Products, Inc. (b) | 100,986 | 8,767,605 | |
iRobot Corp. (a)(b) | 130,853 | 9,687,048 | |
KB Home | 411,860 | 14,728,114 | |
Koss Corp. (b) | 1,363 | 2,958 | |
La-Z-Boy, Inc. | 218,484 | 7,100,730 | |
Legacy Housing Corp. (b) | 19,089 | 291,489 | |
LGI Homes, Inc. (b) | 103,402 | 11,566,548 | |
Lifetime Brands, Inc. | 49,035 | 481,524 | |
Live Ventures, Inc. (a)(b) | 13,437 | 119,589 | |
Lovesac (a)(b) | 46,332 | 1,226,408 | |
M.D.C. Holdings, Inc. | 234,404 | 10,168,446 | |
M/I Homes, Inc. (b) | 138,390 | 5,889,878 | |
Meritage Homes Corp. (b) | 166,432 | 15,982,465 | |
Mohawk Group Holdings, Inc. (a)(b) | 11,556 | 93,372 | |
New Home Co. LLC (b) | 59,315 | 256,834 | |
Nova LifeStyle, Inc. (a)(b) | 18,912 | 30,637 | |
Purple Innovation, Inc. (a)(b) | 55,078 | 1,041,525 | |
Skyline Champion Corp. (b) | 237,191 | 6,769,431 | |
Sonos, Inc. (b) | 305,896 | 4,303,957 | |
Taylor Morrison Home Corp. (b) | 613,281 | 14,430,502 | |
Tempur Sealy International, Inc. (b) | 205,558 | 17,583,431 | |
Toll Brothers, Inc. (a) | 546,721 | 23,082,561 | |
TopBuild Corp. (b) | 157,798 | 24,269,332 | |
TRI Pointe Homes, Inc. (b) | 613,633 | 10,358,125 | |
Tupperware Brands Corp. (a) | 228,593 | 3,723,780 | |
Turtle Beach Corp. (a)(b) | 65,068 | 1,273,381 | |
Universal Electronics, Inc. (b) | 65,894 | 2,706,926 | |
VOXX International Corp. (b) | 94,307 | 592,248 | |
Vuzix Corp. (a)(b) | 144,813 | 538,704 | |
Zagg, Inc. (a)(b) | 138,785 | 441,336 | |
246,854,384 | |||
Internet & Direct Marketing Retail - 1.1% | |||
1-800-FLOWERS.com, Inc. Class A (a)(b) | 105,712 | 3,163,960 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 36,001 | 241,567 | |
Chewy, Inc. (a)(b) | 253,985 | 15,510,864 | |
Duluth Holdings, Inc. (a)(b) | 67,388 | 652,316 | |
Etsy, Inc. (b) | 560,387 | 67,078,324 | |
EVINE Live, Inc. (b) | 24,283 | 172,895 | |
Groupon, Inc. (a)(b) | 104,339 | 3,321,110 | |
GrubHub, Inc. (b) | 433,890 | 31,391,942 | |
Lands' End, Inc. (a)(b) | 79,744 | 1,066,975 | |
Leaf Group Ltd. (b) | 70,824 | 344,205 | |
Liquidity Services, Inc. (b) | 133,758 | 964,395 | |
Overstock.com, Inc. (a)(b) | 166,148 | 14,537,950 | |
PetMed Express, Inc. (a) | 95,337 | 3,313,914 | |
Quotient Technology, Inc. (b) | 364,300 | 3,173,053 | |
Qurate Retail, Inc. Series A (b) | 1,831,546 | 20,238,583 | |
Remark Holdings, Inc. (a)(b) | 177,689 | 199,012 | |
Revolve Group, Inc. (a)(b) | 60,559 | 1,216,025 | |
RumbleON, Inc. Class B (a)(b) | 2,363 | 87,904 | |
Shutterstock, Inc. | 91,633 | 4,610,973 | |
Stamps.com, Inc. (b) | 76,735 | 19,133,105 | |
Stitch Fix, Inc. (a)(b) | 119,978 | 2,897,469 | |
The RealReal, Inc. (a)(b) | 77,961 | 1,252,054 | |
The Rubicon Project, Inc. (a)(b) | 418,487 | 3,075,879 | |
U.S. Auto Parts Network, Inc. (b) | 141,362 | 1,986,136 | |
Waitr Holdings, Inc. (b) | 296,052 | 1,193,090 | |
Wayfair LLC Class A (a)(b) | 319,275 | 94,684,194 | |
295,507,894 | |||
Leisure Products - 0.5% | |||
Acushnet Holdings Corp. | 163,429 | 5,767,409 | |
American Outdoor Brands, Inc. (b) | 65,853 | 1,002,941 | |
Brunswick Corp. | 371,115 | 22,968,307 | |
Callaway Golf Co. | 444,396 | 9,270,101 | |
Clarus Corp. | 112,447 | 1,415,708 | |
Escalade, Inc. (a) | 33,390 | 605,361 | |
Genius Brands International, Inc. (a)(b) | 221,075 | 236,550 | |
JAKKS Pacific, Inc. (a)(b) | 8,492 | 33,628 | |
Johnson Outdoors, Inc. Class A | 29,502 | 2,528,616 | |
Malibu Boats, Inc. Class A (b) | 98,790 | 5,122,262 | |
Marine Products Corp. | 37,881 | 547,380 | |
Mattel, Inc. (a)(b) | 1,638,842 | 17,609,357 | |
MCBC Holdings, Inc. (b) | 87,650 | 1,832,762 | |
Nautilus, Inc. (b) | 142,144 | 1,684,406 | |
Peloton Interactive, Inc. Class A (b) | 117,431 | 9,003,435 | |
Polaris, Inc. | 270,319 | 27,313,032 | |
Smith & Wesson Brands, Inc. (b) | 263,414 | 4,809,940 | |
Sturm, Ruger & Co., Inc. | 79,784 | 5,653,494 | |
Vista Outdoor, Inc. (b) | 277,492 | 5,386,120 | |
YETI Holdings, Inc. (a)(b) | 317,250 | 16,300,305 | |
139,091,114 | |||
Multiline Retail - 0.2% | |||
Big Lots, Inc. | 183,924 | 8,672,017 | |
Dillard's, Inc. Class A (a) | 42,112 | 1,272,204 | |
Macy's, Inc. (a) | 1,451,441 | 10,116,544 | |
Nordstrom, Inc. (a) | 511,928 | 8,190,848 | |
Ollie's Bargain Outlet Holdings, Inc. (a)(b) | 267,524 | 25,559,243 | |
53,810,856 | |||
Specialty Retail - 2.0% | |||
Aaron's, Inc. Class A | 318,624 | 17,807,895 | |
Abercrombie & Fitch Co. Class A (a) | 264,531 | 3,441,548 | |
America's Car Mart, Inc. (b) | 31,068 | 3,122,334 | |
American Eagle Outfitters, Inc. (a) | 731,203 | 9,220,470 | |
Asbury Automotive Group, Inc. (b) | 89,614 | 9,480,265 | |
At Home Group, Inc. (b) | 226,207 | 4,322,816 | |
AutoNation, Inc. (b) | 270,146 | 15,360,502 | |
Barnes & Noble Education, Inc. (a)(b) | 185,417 | 422,751 | |
Bed Bath & Beyond, Inc. (a) | 595,168 | 7,249,146 | |
Big 5 Sporting Goods Corp. (a) | 96,400 | 569,724 | |
Blink Charging Co. (a)(b) | 69,510 | 488,655 | |
Boot Barn Holdings, Inc. (a)(b) | 134,002 | 3,782,876 | |
Build-A-Bear Workshop, Inc. (a)(b) | 60,976 | 157,318 | |
Burlington Stores, Inc. (b) | 309,650 | 60,979,375 | |
Caleres, Inc. | 202,458 | 1,581,197 | |
Camping World Holdings, Inc. | 158,035 | 4,592,497 | |
Carvana Co. Class A (a)(b) | 261,198 | 56,408,320 | |
Chico's FAS, Inc. | 597,745 | 765,114 | |
Citi Trends, Inc. | 50,091 | 968,259 | |
Conn's, Inc. (a)(b) | 94,253 | 1,204,553 | |
Destination XL Group, Inc. (a)(b) | 161,954 | 53,850 | |
DGSE Companies, Inc. (b) | 16,721 | 64,877 | |
Dick's Sporting Goods, Inc. | 307,124 | 16,621,551 | |
DSW, Inc. Class A | 234,192 | 1,651,054 | |
Express, Inc. (a)(b) | 350,263 | 388,792 | |
Five Below, Inc. (b) | 263,967 | 28,891,188 | |
Floor & Decor Holdings, Inc. Class A (b) | 364,562 | 26,700,521 | |
Foot Locker, Inc. | 493,217 | 14,959,272 | |
Francesca's Holdings Corp. (a)(b) | 13,421 | 79,184 | |
GameStop Corp. Class A (a)(b) | 321,410 | 2,147,019 | |
Genesco, Inc. (b) | 70,688 | 1,378,416 | |
Group 1 Automotive, Inc. | 80,976 | 6,999,565 | |
GrowGeneration Corp. (a)(b) | 132,374 | 2,112,027 | |
Guess?, Inc. (a) | 206,351 | 2,373,037 | |
Haverty Furniture Companies, Inc. | 82,670 | 1,745,990 | |
Hibbett Sports, Inc. (a)(b) | 75,861 | 2,531,482 | |
J.Jill, Inc. (a)(b) | 69,488 | 26,718 | |
Kirkland's, Inc. (b) | 66,801 | 579,165 | |
Lazydays Holdings, Inc. (b) | 12,289 | 133,704 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 104,552 | 26,029,266 | |
Lumber Liquidators Holdings, Inc. (a)(b) | 136,990 | 3,286,390 | |
MarineMax, Inc. (a)(b) | 100,698 | 2,961,528 | |
Michaels Companies, Inc. (a)(b) | 367,524 | 4,134,645 | |
Monro, Inc. | 158,314 | 7,296,692 | |
Murphy U.S.A., Inc. (b) | 129,112 | 17,412,044 | |
National Vision Holdings, Inc. (a)(b) | 380,025 | 14,277,539 | |
OneWater Marine, Inc. Class A (a) | 23,205 | 663,199 | |
Party City Holdco, Inc. (a)(b) | 269,502 | 738,435 | |
Penske Automotive Group, Inc. (a) | 144,974 | 6,838,424 | |
Rent-A-Center, Inc. | 228,976 | 7,029,563 | |
RH (a)(b) | 78,657 | 26,000,071 | |
Sally Beauty Holdings, Inc. (a)(b) | 533,995 | 5,959,384 | |
Shoe Carnival, Inc. (a) | 46,365 | 1,524,481 | |
Signet Jewelers Ltd. (a) | 245,182 | 4,234,293 | |
Sleep Number Corp. (a)(b) | 130,829 | 6,279,792 | |
Sonic Automotive, Inc. Class A (sub. vtg.) (a) | 111,421 | 4,708,651 | |
Sportsman's Warehouse Holdings, Inc. (b) | 191,791 | 3,010,160 | |
The Buckle, Inc. (a) | 138,703 | 2,599,294 | |
The Cato Corp. Class A (sub. vtg.) | 113,369 | 906,952 | |
The Children's Place Retail Stores, Inc. (a) | 71,312 | 1,423,744 | |
The Container Store Group, Inc. (a)(b) | 73,884 | 314,007 | |
The ODP Corp. | 246,471 | 5,762,492 | |
Tilly's, Inc. | 126,614 | 802,733 | |
Trans World Entertainment Corp. (a)(b) | 1,429 | 9,646 | |
TravelCenters of America LLC (b) | 34,858 | 744,567 | |
Urban Outfitters, Inc. (b) | 317,764 | 7,480,165 | |
Williams-Sonoma, Inc. | 367,247 | 32,229,597 | |
Winmark Corp. | 10,492 | 1,620,489 | |
Zumiez, Inc. (b) | 100,041 | 2,569,053 | |
510,210,323 | |||
Textiles, Apparel & Luxury Goods - 1.3% | |||
APEX Global Brands, Inc. | 16,787 | 13,900 | |
Capri Holdings Ltd. (b) | 709,567 | 11,239,541 | |
Carter's, Inc. | 204,835 | 16,308,963 | |
Charles & Colvard Ltd. (a)(b) | 56,754 | 39,058 | |
Columbia Sportswear Co. (a) | 131,263 | 11,232,175 | |
Crocs, Inc. (b) | 319,651 | 12,757,271 | |
Crown Crafts, Inc. | 3,686 | 22,042 | |
Culp, Inc. | 47,215 | 566,580 | |
Deckers Outdoor Corp. (b) | 132,350 | 26,982,195 | |
Delta Apparel, Inc. (b) | 28,383 | 400,768 | |
Forward Industries, Inc. (NY Shares) (a)(b) | 18,474 | 29,928 | |
Fossil Group, Inc. (a)(b) | 227,920 | 1,466,665 | |
G-III Apparel Group Ltd. (a)(b) | 204,689 | 2,263,860 | |
Iconix Brand Group, Inc. (a)(b) | 26,935 | 21,817 | |
Kontoor Brands, Inc. (a) | 219,205 | 4,844,431 | |
Lakeland Industries, Inc. (a)(b) | 35,718 | 729,719 | |
Levi Strauss & Co. Class A (a) | 174,006 | 2,143,754 | |
lululemon athletica, Inc. (b) | 539,201 | 202,561,640 | |
Movado Group, Inc. | 84,900 | 926,259 | |
Oxford Industries, Inc. (a) | 77,335 | 3,830,403 | |
Rocky Brands, Inc. | 36,338 | 875,019 | |
Sequential Brands Group, Inc. (a)(b) | 4,538 | 27,636 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (b) | 646,280 | 19,291,458 | |
Steven Madden Ltd. | 366,213 | 7,749,067 | |
Superior Group of Companies, Inc. (a) | 31,084 | 719,284 | |
Toughbuilt Industries, Inc. (a)(b) | 41,831 | 28,382 | |
Unifi, Inc. (b) | 71,584 | 875,472 | |
Vera Bradley, Inc. (b) | 116,716 | 615,093 | |
Vince Holding Corp. (b) | 16,911 | 85,062 | |
Wolverine World Wide, Inc. | 382,132 | 9,545,657 | |
338,193,099 | |||
TOTAL CONSUMER DISCRETIONARY | 4,465,324,738 | ||
CONSUMER STAPLES - 2.7% | |||
Beverages - 0.5% | |||
Alkaline Water Co., Inc. (b) | 223,735 | 333,365 | |
Boston Beer Co., Inc. Class A (b) | 45,666 | 40,276,499 | |
Celsius Holdings, Inc. (a)(b) | 148,733 | 2,888,395 | |
Coca-Cola Bottling Co. Consolidated | 21,398 | 5,848,073 | |
Craft Brew Alliance, Inc. (b) | 59,681 | 932,217 | |
Eastside Distilling, Inc. (a)(b) | 8,987 | 11,953 | |
Keurig Dr. Pepper, Inc. | 2,188,899 | 65,294,857 | |
MGP Ingredients, Inc. | 64,598 | 2,296,459 | |
National Beverage Corp. (a)(b) | 55,183 | 4,487,482 | |
Newage, Inc. (a)(b) | 148,638 | 322,544 | |
REED'S, Inc. (a)(b) | 182,674 | 186,327 | |
122,878,171 | |||
Food & Staples Retailing - 0.6% | |||
Andersons, Inc. | 160,982 | 2,854,211 | |
BJ's Wholesale Club Holdings, Inc. (b) | 580,965 | 25,800,656 | |
Casey's General Stores, Inc. | 172,140 | 30,615,099 | |
Chefs' Warehouse Holdings (b) | 142,843 | 2,115,505 | |
Grocery Outlet Holding Corp. (b) | 302,151 | 12,427,471 | |
HF Foods Group, Inc. (a)(b) | 160,448 | 1,273,957 | |
iFresh, Inc. (b) | 19,708 | 18,494 | |
Ingles Markets, Inc. Class A | 67,873 | 2,742,069 | |
Natural Grocers by Vitamin Cottage, Inc. (a) | 42,028 | 492,568 | |
Performance Food Group Co. (b) | 626,572 | 22,876,144 | |
PriceSmart, Inc. | 106,038 | 6,971,999 | |
Rite Aid Corp. (a)(b) | 258,555 | 3,366,386 | |
SpartanNash Co. | 166,713 | 3,330,926 | |
Sprouts Farmers Market LLC (b) | 556,869 | 13,002,891 | |
U.S. Foods Holding Corp. (b) | 1,042,767 | 25,391,376 | |
United Natural Foods, Inc. (a)(b) | 252,299 | 4,553,997 | |
Village Super Market, Inc. Class A | 40,945 | 1,041,641 | |
Weis Markets, Inc. (a) | 77,276 | 3,804,297 | |
162,679,687 | |||
Food Products - 1.1% | |||
Alico, Inc. | 17,841 | 576,621 | |
Arcadia Biosciences, Inc. (a)(b) | 30,854 | 96,264 | |
B&G Foods, Inc. Class A (a) | 302,196 | 9,410,383 | |
Beyond Meat, Inc. (a)(b) | 50,421 | 6,849,693 | |
Bridgford Foods Corp. (b) | 700 | 11,613 | |
Bunge Ltd. | 669,172 | 30,527,627 | |
Cal-Maine Foods, Inc. (b) | 172,434 | 6,654,228 | |
Calavo Growers, Inc. (a) | 75,491 | 4,791,414 | |
Coffee Holding Co., Inc. (b) | 29,362 | 93,665 | |
Darling Ingredients, Inc. (b) | 772,661 | 24,701,972 | |
Farmer Brothers Co. (b) | 70,663 | 444,470 | |
Flowers Foods, Inc. (a) | 903,168 | 22,091,489 | |
Fresh Del Monte Produce, Inc. | 143,897 | 3,336,971 | |
Freshpet, Inc. (b) | 163,013 | 18,518,277 | |
Hostess Brands, Inc. Class A (a)(b) | 597,141 | 7,667,290 | |
Ingredion, Inc. | 315,688 | 25,393,943 | |
J&J Snack Foods Corp. | 69,198 | 9,407,468 | |
John B. Sanfilippo & Son, Inc. | 43,280 | 3,446,819 | |
Lancaster Colony Corp. | 93,313 | 16,583,586 | |
Landec Corp. (b) | 144,548 | 1,480,172 | |
Lifeway Foods, Inc. (b) | 26,937 | 124,718 | |
Limoneira Co. (a) | 78,053 | 1,129,427 | |
Pilgrim's Pride Corp. (b) | 246,781 | 3,948,496 | |
Post Holdings, Inc. (b) | 301,720 | 26,557,394 | |
RiceBran Technologies (b) | 102,744 | 54,454 | |
Rocky Mountain Chocolate Factory, Inc. | 4,045 | 13,187 | |
S&W Seed Co. (b) | 104,872 | 246,449 | |
Sanderson Farms, Inc. | 93,020 | 10,879,619 | |
Seaboard Corp. | 1,169 | 3,136,427 | |
Seneca Foods Corp. Class A (b) | 36,254 | 1,716,989 | |
The Hain Celestial Group, Inc. (a)(b) | 365,359 | 11,980,122 | |
The Simply Good Foods Co. (b) | 390,190 | 9,696,222 | |
Tootsie Roll Industries, Inc. (a) | 73,914 | 2,364,509 | |
TreeHouse Foods, Inc. (b) | 265,903 | 11,383,307 | |
275,315,285 | |||
Household Products - 0.2% | |||
Central Garden & Pet Co. Class A (non-vtg.) (b) | 231,700 | 8,609,972 | |
Energizer Holdings, Inc. | 300,833 | 13,925,560 | |
Ocean Bio-Chem, Inc. | 18,431 | 258,034 | |
Oil-Dri Corp. of America | 23,820 | 834,176 | |
Reynolds Consumer Products, Inc. | 226,426 | 7,524,136 | |
Spectrum Brands Holdings, Inc. | 191,651 | 11,422,400 | |
WD-40 Co. | 64,786 | 13,240,963 | |
55,815,241 | |||
Personal Products - 0.3% | |||
BellRing Brands, Inc. Class A (a)(b) | 191,665 | 3,725,968 | |
Cyanotech Corp. (b) | 3,737 | 8,520 | |
Edgewell Personal Care Co. (a)(b) | 254,696 | 7,312,322 | |
elf Beauty, Inc. (a)(b) | 132,214 | 2,582,139 | |
Guardion Health Sciences, Inc. (a)(b) | 272,364 | 85,495 | |
Herbalife Nutrition Ltd. (b) | 392,089 | 19,271,174 | |
Inter Parfums, Inc. | 79,791 | 3,564,264 | |
LifeVantage Corp. (a)(b) | 62,133 | 933,238 | |
Mannatech, Inc. | 4,435 | 83,467 | |
MediFast, Inc. | 55,936 | 9,101,906 | |
MYOS Corp. (b) | 833 | 1,108 | |
Natural Alternatives International, Inc. (b) | 19,731 | 157,848 | |
Natural Health Trends Corp. | 34,344 | 178,932 | |
Nature's Sunshine Products, Inc. (b) | 31,350 | 346,104 | |
Nu Skin Enterprises, Inc. Class A | 241,219 | 11,402,422 | |
Reliv International, Inc. (b) | 1,499 | 4,797 | |
Revlon, Inc. (a)(b) | 36,264 | 265,452 | |
Summer Infant, Inc. (a)(b) | 4,081 | 72,030 | |
United-Guardian, Inc. | 6,104 | 89,729 | |
USANA Health Sciences, Inc. (b) | 57,067 | 4,474,623 | |
Veru, Inc. (a)(b) | 223,498 | 619,089 | |
Youngevity International, Inc. (a)(b) | 35,729 | 27,511 | |
64,308,138 | |||
Tobacco - 0.0% | |||
22nd Century Group, Inc. (a)(b) | 644,299 | 380,072 | |
Turning Point Brands, Inc. (a) | 54,045 | 1,561,901 | |
Universal Corp. | 115,029 | 4,993,409 | |
Vector Group Ltd. | 561,027 | 5,649,542 | |
12,584,924 | |||
TOTAL CONSUMER STAPLES | 693,581,446 | ||
ENERGY - 1.5% | |||
Energy Equipment & Services - 0.3% | |||
Archrock, Inc. | 597,492 | 3,919,548 | |
Aspen Aerogels, Inc. (b) | 92,499 | 786,242 | |
Bristow Group, Inc. (b) | 32,628 | 616,995 | |
Cactus, Inc. | 218,166 | 4,819,287 | |
Championx Corp. (b) | 883,093 | 9,042,872 | |
Core Laboratories NV (a) | 212,364 | 4,444,779 | |
Dawson Geophysical Co. (b) | 86,896 | 153,806 | |
DMC Global, Inc. (a) | 72,085 | 2,553,972 | |
Dril-Quip, Inc. (a)(b) | 161,779 | 5,359,738 | |
ENGlobal Corp. (b) | 48,611 | 38,335 | |
Enservco Corp. (a)(b) | 76,307 | 10,584 | |
Exterran Corp. (b) | 137,454 | 632,288 | |
Forum Energy Technologies, Inc. (a)(b) | 400,780 | 219,267 | |
Frank's International NV (b) | 478,583 | 1,105,527 | |
Geospace Technologies Corp. (b) | 68,128 | 446,238 | |
Gulf Island Fabrication, Inc. (b) | 50,167 | 140,468 | |
Helix Energy Solutions Group, Inc. (b) | 685,737 | 2,454,938 | |
Helmerich & Payne, Inc. (a) | 502,064 | 8,274,015 | |
Independence Contract Drilling, Inc. (a)(b) | 22,877 | 63,598 | |
ION Geophysical Corp. (a)(b) | 52,303 | 106,175 | |
KLX Energy Services Holdings, Inc. (a)(b) | 23,610 | 185,575 | |
Liberty Oilfield Services, Inc. Class A (a) | 242,000 | 1,560,900 | |
Mammoth Energy Services, Inc. (a)(b) | 62,666 | 85,226 | |
Matrix Service Co. (b) | 134,805 | 1,245,598 | |
MIND Technology, Inc. (b) | 40,167 | 100,418 | |
Nabors Industries Ltd. (a) | 33,238 | 1,328,855 | |
Natural Gas Services Group, Inc. (b) | 51,774 | 423,511 | |
NCS Multistage Holdings, Inc. (a)(b) | 58,361 | 36,254 | |
Newpark Resources, Inc. (b) | 440,816 | 859,591 | |
Nextier Oilfield Solutions, Inc. (b) | 764,271 | 1,925,963 | |
Nine Energy Service, Inc. (a)(b) | 75,998 | 104,117 | |
Oceaneering International, Inc. (b) | 483,682 | 2,607,046 | |
Oil States International, Inc. (a)(b) | 301,433 | 1,323,291 | |
Patterson-UTI Energy, Inc. | 854,303 | 3,289,067 | |
Profire Energy, Inc. (b) | 143,347 | 105,690 | |
ProPetro Holding Corp. (b) | 398,218 | 2,500,809 | |
Ranger Energy Services, Inc. Class A (a)(b) | 20,663 | 55,583 | |
RigNet, Inc. (b) | 57,824 | 288,542 | |
RPC, Inc. (a)(b) | 275,755 | 863,113 | |
SAExploration Holdings, Inc.: | |||
Series A warrants 7/27/21 (b)(d) | 42 | 0 | |
Series B warrants 7/27/21 (b)(d) | 42 | 0 | |
SEACOR Holdings, Inc. (b) | 83,095 | 2,626,633 | |
SEACOR Marine Holdings, Inc. (b) | 91,533 | 245,308 | |
Select Energy Services, Inc. Class A (b) | 319,356 | 1,523,328 | |
Smart Sand, Inc. (a)(b) | 100,045 | 138,062 | |
Solaris Oilfield Infrastructure, Inc. Class A | 153,664 | 1,195,506 | |
Superior Drilling Products, Inc. (a)(b) | 61,142 | 23,907 | |
TETRA Technologies, Inc. (b) | 568,895 | 386,849 | |
Tidewater, Inc. (a)(b) | 193,127 | 1,326,782 | |
Transocean Ltd. (United States) (a)(b) | 2,767,978 | 3,376,933 | |
U.S. Silica Holdings, Inc. (a) | 353,358 | 1,575,977 | |
U.S. Well Services, Inc. (a)(b) | 48,154 | 13,343 | |
76,510,449 | |||
Oil, Gas & Consumable Fuels - 1.2% | |||
Abraxas Petroleum Corp. (a)(b) | 751,149 | 144,145 | |
Adams Resources & Energy, Inc. | 9,725 | 206,851 | |
Aemetis, Inc. (a)(b) | 43,473 | 72,165 | |
Altus Midstream Co. (a)(b) | 14,634 | 192,583 | |
Amplify Energy Corp. New (a) | 113,995 | 139,074 | |
Antero Midstream GP LP | 1,327,255 | 8,985,516 | |
Antero Resources Corp. (a)(b) | 891,500 | 2,870,630 | |
Arch Resources, Inc. | 74,716 | 2,814,552 | |
Barnwell Industries, Inc. (a)(b) | 11,088 | 9,569 | |
Berry Petroleum Corp. | 195,333 | 769,612 | |
Bonanza Creek Energy, Inc. (b) | 88,263 | 1,768,791 | |
Brigham Minerals, Inc. Class A | 141,429 | 1,670,276 | |
Callon Petroleum Co. (a)(b) | 190,682 | 1,264,222 | |
Centennial Resource Development, Inc. Class A (a)(b) | 979,757 | 711,500 | |
Centrus Energy Corp. Class A (a)(b) | 21,753 | 240,588 | |
Cheniere Energy, Inc. (a)(b) | 1,079,637 | 56,195,106 | |
Cimarex Energy Co. | 483,355 | 13,427,602 | |
Clean Energy Fuels Corp. (b) | 637,421 | 1,682,791 | |
CNX Resources Corp. (b) | 885,879 | 9,709,234 | |
Comstock Resources, Inc. (b) | 271,500 | 1,563,840 | |
CONSOL Energy, Inc. (a)(b) | 124,617 | 644,270 | |
Contango Oil & Gas Co. (a)(b) | 386,658 | 626,386 | |
Continental Resources, Inc. (a) | 380,502 | 6,537,024 | |
CVR Energy, Inc. (a) | 130,697 | 2,181,333 | |
Delek U.S. Holdings, Inc. | 351,495 | 5,529,016 | |
Diamond S Shipping, Inc. (b) | 105,500 | 864,045 | |
Dorian LPG Ltd. (b) | 121,022 | 1,021,426 | |
Earthstone Energy, Inc. (a)(b) | 106,067 | 310,776 | |
EQT Corp. | 1,205,811 | 19,136,221 | |
Equitrans Midstream Corp. | 1,901,015 | 19,542,434 | |
Evolution Petroleum Corp. | 142,653 | 389,443 | |
Falcon Minerals Corp. | 182,062 | 511,594 | |
Gevo, Inc. (a)(b) | 58,507 | 73,134 | |
Goodrich Petroleum Corp. (b) | 27,152 | 224,004 | |
Green Plains, Inc. (a)(b) | 150,092 | 2,008,231 | |
Gulfport Energy Corp. (a)(b) | 704,078 | 496,868 | |
Hallador Energy Co. | 76,925 | 59,386 | |
Highpoint Resources, Inc. (a)(b) | 576,924 | 181,443 | |
Houston American Energy Corp. (a)(b) | 7,757 | 10,705 | |
International Seaways, Inc. | 116,092 | 1,968,920 | |
Kosmos Energy Ltd. | 1,784,506 | 2,623,224 | |
Laredo Petroleum, Inc. (a)(b) | 43,913 | 717,978 | |
Lonestar Resources U.S., Inc. (a)(b) | 94,981 | 28,209 | |
Magnolia Oil & Gas Corp. Class A (b) | 494,860 | 3,186,898 | |
Matador Resources Co. (a)(b) | 524,699 | 5,105,321 | |
Mexco Energy Corp. (a)(b) | 2,080 | 10,546 | |
Montage Resources Corp. (b) | 107,612 | 555,278 | |
Murphy Oil Corp. (a) | 685,438 | 9,417,918 | |
NACCO Industries, Inc. Class A | 20,158 | 413,239 | |
Nextdecade Corp. (b) | 57,546 | 76,536 | |
Northern Oil & Gas, Inc. (a)(b) | 1,082,100 | 734,205 | |
Oasis Petroleum, Inc. (a)(b) | 1,445,308 | 802,724 | |
Overseas Shipholding Group, Inc. (b) | 296,920 | 626,501 | |
Ovintiv, Inc. (a) | 1,225,219 | 13,575,427 | |
Pacific Ethanol, Inc. (b) | 223,039 | 883,234 | |
Panhandle Royalty Co. Class A (a) | 84,554 | 159,807 | |
Par Pacific Holdings, Inc. (b) | 186,083 | 1,615,200 | |
Parsley Energy, Inc. Class A | 1,458,940 | 15,683,605 | |
PBF Energy, Inc. Class A | 478,399 | 4,095,095 | |
PDC Energy, Inc. (b) | 457,191 | 6,921,872 | |
Peabody Energy Corp. (a) | 347,440 | 906,818 | |
Pedevco Corp. (a)(b) | 6,070 | 8,012 | |
Penn Virginia Corp. (a)(b) | 67,227 | 767,732 | |
PrimeEnergy Corp. (b) | 4,183 | 281,265 | |
QEP Resources, Inc. | 1,151,745 | 1,497,269 | |
Range Resources Corp. (a) | 1,006,728 | 7,510,191 | |
Renewable Energy Group, Inc. (a)(b) | 180,177 | 6,023,317 | |
Rex American Resources Corp. (b) | 27,194 | 1,680,045 | |
Ring Energy, Inc. (a)(b) | 300,992 | 206,240 | |
SandRidge Energy, Inc. (b) | 160,445 | 253,503 | |
SilverBow Resources, Inc. (a)(b) | 25,559 | 126,261 | |
SM Energy Co. | 523,067 | 1,271,053 | |
Southwestern Energy Co. (a)(b) | 2,572,391 | 7,151,247 | |
Talos Energy, Inc. (a)(b) | 99,929 | 750,467 | |
Targa Resources Corp. | 1,105,663 | 18,807,328 | |
Tellurian, Inc. (a)(b) | 462,521 | 429,590 | |
Tengasco, Inc. (b) | 71,660 | 74,526 | |
Torchlight Energy Resources, Inc. (a)(b) | 215,751 | 66,473 | |
TransAtlantic Petroleum Ltd. (a)(b) | 78,088 | 19,577 | |
U.S. Energy Corp. (a)(b) | 1,627 | 9,111 | |
Uranium Energy Corp. (a)(b) | 917,347 | 1,054,949 | |
VAALCO Energy, Inc. (b) | 270,263 | 286,479 | |
Vertex Energy, Inc. (a)(b) | 53,517 | 30,505 | |
W&T Offshore, Inc. (a)(b) | 443,687 | 989,422 | |
Westwater Resources, Inc. (a)(b) | 2,980 | 5,692 | |
World Fuel Services Corp. | 293,366 | 7,744,862 | |
WPX Energy, Inc. (b) | 1,949,052 | 10,836,729 | |
Zion Oil & Gas, Inc. (a)(b) | 592,002 | 184,468 | |
302,961,254 | |||
TOTAL ENERGY | 379,471,703 | ||
FINANCIALS - 13.0% | |||
Banks - 4.0% | |||
1st Constitution Bancorp | 41,322 | 502,889 | |
1st Source Corp. | 80,104 | 2,759,583 | |
ACNB Corp. | 42,632 | 896,125 | |
Allegiance Bancshares, Inc. | 98,492 | 2,503,667 | |
Amalgamated Bank | 76,605 | 901,641 | |
American National Bankshares, Inc. | 49,866 | 1,123,980 | |
American River Bankshares | 17,301 | 170,588 | |
Ameris Bancorp | 310,186 | 7,605,761 | |
AmeriServ Financial, Inc. | 14,455 | 40,329 | |
Ames National Corp. | 27,600 | 550,620 | |
Arrow Financial Corp. | 72,286 | 2,070,994 | |
Associated Banc-Corp. | 730,622 | 9,819,560 | |
Atlantic Capital Bancshares, Inc. (b) | 116,659 | 1,345,662 | |
Auburn National Bancorp., Inc. | 5,397 | 220,090 | |
Banc of California, Inc. | 212,849 | 2,339,211 | |
BancFirst Corp. (a) | 74,747 | 3,288,868 | |
Bancorp, Inc., Delaware (b) | 248,034 | 2,356,323 | |
BancorpSouth Bank | 453,944 | 9,796,112 | |
Bank First National Corp. (a) | 27,027 | 1,686,485 | |
Bank of Commerce Holdings | 96,497 | 709,253 | |
Bank of Hawaii Corp. | 186,705 | 10,276,243 | |
Bank of Marin Bancorp | 62,562 | 1,991,348 | |
Bank of South Carolina Corp. | 11,284 | 183,365 | |
Bank of the James Financial Group, Inc. | 200 | 2,044 | |
Bank OZK | 568,640 | 13,101,466 | |
Bank7 Corp. | 254 | 2,601 | |
BankFinancial Corp. | 79,534 | 577,417 | |
BankUnited, Inc. | 420,684 | 9,835,592 | |
Bankwell Financial Group, Inc. | 40,214 | 627,338 | |
Banner Corp. | 164,326 | 5,935,455 | |
Bar Harbor Bankshares | 74,348 | 1,506,290 | |
BayCom Corp. (a)(b) | 58,769 | 680,839 | |
BCB Bancorp, Inc. | 73,258 | 596,686 | |
Berkshire Hills Bancorp, Inc. | 217,909 | 2,000,405 | |
BOK Financial Corp. | 150,462 | 8,446,937 | |
Boston Private Financial Holdings, Inc. | 394,293 | 2,342,100 | |
Bridge Bancorp, Inc. | 93,687 | 1,874,677 | |
Brookline Bancorp, Inc., Delaware | 395,723 | 3,798,941 | |
Bryn Mawr Bank Corp. | 102,345 | 2,777,643 | |
Business First Bancshares, Inc. | 89,937 | 1,301,388 | |
Byline Bancorp, Inc. | 124,884 | 1,578,534 | |
C & F Financial Corp. | 12,095 | 386,677 | |
Cadence Bancorp Class A | 595,785 | 5,659,958 | |
Cambridge Bancorp | 30,349 | 1,664,339 | |
Camden National Corp. | 76,877 | 2,510,418 | |
Capital City Bank Group, Inc. | 61,468 | 1,245,956 | |
Capstar Financial Holdings, Inc. | 64,046 | 652,629 | |
Carter Bank & Trust | 113,445 | 804,325 | |
Cathay General Bancorp | 354,443 | 8,751,198 | |
CB Financial Services, Inc. | 33,968 | 631,805 | |
CBTX, Inc. | 92,471 | 1,456,418 | |
Central Pacific Financial Corp. | 143,053 | 2,215,891 | |
Central Valley Community Bancorp | 60,316 | 725,601 | |
Century Bancorp, Inc. Class A (non-vtg.) | 14,628 | 1,030,543 | |
Chemung Financial Corp. | 14,522 | 416,927 | |
CIT Group, Inc. | 464,925 | 9,145,075 | |
Citizens & Northern Corp. | 64,037 | 1,097,594 | |
Citizens Community Bancorp, Inc. | 15,344 | 106,027 | |
Citizens Holding Co. | 17,309 | 370,932 | |
City Holding Co. | 79,250 | 5,070,415 | |
Civista Bancshares, Inc. | 70,918 | 946,755 | |
CNB Financial Corp., Pennsylvania | 73,273 | 1,168,704 | |
Coastal Financial Corp. of Washington (b) | 36,180 | 497,475 | |
Codorus Valley Bancorp, Inc. | 37,804 | 487,672 | |
Colony Bankcorp, Inc. | 11,155 | 122,705 | |
Columbia Banking Systems, Inc. | 341,176 | 9,522,222 | |
Commerce Bancshares, Inc. (a) | 470,645 | 28,036,323 | |
Community Bank System, Inc. | 248,078 | 14,926,853 | |
Community Bankers Trust Corp. | 168,702 | 865,441 | |
Community Financial Corp. | 23,730 | 527,755 | |
Community Trust Bancorp, Inc. | 85,097 | 2,746,080 | |
Community West Bancshares | 400 | 3,280 | |
ConnectOne Bancorp, Inc. | 174,812 | 2,643,157 | |
County Bancorp, Inc. | 24,663 | 475,996 | |
CrossFirst Bankshares, Inc. (a)(b) | 38,343 | 353,906 | |
Cullen/Frost Bankers, Inc. | 268,140 | 18,625,004 | |
Customers Bancorp, Inc. (b) | 147,026 | 1,877,522 | |
CVB Financial Corp. | 609,528 | 11,099,505 | |
Eagle Bancorp Montana, Inc. | 27,441 | 483,785 | |
Eagle Bancorp, Inc. | 145,195 | 4,178,712 | |
East West Bancorp, Inc. | 666,074 | 24,498,202 | |
Emclaire Financial Corp. | 100 | 2,125 | |
Enterprise Bancorp, Inc. | 36,527 | 793,732 | |
Enterprise Financial Services Corp. | 131,386 | 3,929,755 | |
Equity Bancshares, Inc. (b) | 71,250 | 1,132,875 | |
Esquire Financial Holdings, Inc. (b) | 19,033 | 314,045 | |
Evans Bancorp, Inc. | 16,919 | 385,753 | |
Farmers & Merchants Bancorp, Inc. | 48,925 | 1,054,334 | |
Farmers National Banc Corp. | 139,671 | 1,628,564 | |
FB Financial Corp. | 142,253 | 3,840,831 | |
Fidelity D & D Bancorp, Inc. | 16,387 | 741,020 | |
Financial Institutions, Inc. | 88,335 | 1,522,012 | |
First Bancorp, North Carolina | 150,261 | 3,072,837 | |
First Bancorp, Puerto Rico | 1,050,366 | 6,018,597 | |
First Bancshares, Inc. | 106,130 | 2,275,427 | |
First Bank Hamilton New Jersey | 73,066 | 476,390 | |
First Busey Corp. | 255,594 | 4,553,407 | |
First Business Finance Services, Inc. | 36,856 | 571,268 | |
First Capital, Inc. (a) | 13,919 | 850,033 | |
First Choice Bancorp | 42,084 | 595,489 | |
First Citizens Bancshares, Inc. | 37,321 | 14,672,751 | |
First Commonwealth Financial Corp. | 492,638 | 4,039,632 | |
First Community Bankshares, In | 78,863 | 1,517,324 | |
First Community Corp. | 49,271 | 624,756 | |
First Financial Bancorp, Ohio | 471,547 | 6,469,625 | |
First Financial Bankshares, Inc. (a) | 659,491 | 19,966,090 | |
First Financial Corp., Indiana | 66,278 | 2,279,300 | |
First Financial Northwest, Inc. | 38,007 | 364,107 | |
First Foundation, Inc. | 197,807 | 3,004,688 | |
First Guaranty Bancshares, Inc. | 561 | 7,198 | |
First Hawaiian, Inc. | 614,594 | 10,159,239 | |
First Horizon National Corp. (a) | 2,614,879 | 24,972,094 | |
First Internet Bancorp | 42,622 | 622,707 | |
First Interstate Bancsystem, Inc. (a) | 163,643 | 5,367,490 | |
First Merchants Corp. | 243,469 | 6,227,937 | |
First Mid-Illinois Bancshares, Inc. | 62,927 | 1,638,619 | |
First Midwest Bancorp, Inc., Delaware | 549,055 | 6,841,225 | |
First National Corp. | 200 | 2,718 | |
First Northwest Bancorp | 28,933 | 321,156 | |
First of Long Island Corp. | 117,085 | 1,799,011 | |
First Savings Financial Group, Inc. | 1,305 | 56,768 | |
First United Corp. | 30,619 | 350,588 | |
Flushing Financial Corp. | 140,927 | 1,709,445 | |
FNB Corp., Pennsylvania | 1,521,560 | 11,411,700 | |
FNCM Bancorp, Inc. | 76,169 | 445,589 | |
Franklin Financial Services Corp. | 17,501 | 417,224 | |
Fulton Financial Corp. | 745,690 | 7,292,848 | |
FVCBankcorp, Inc. (b) | 46,750 | 492,745 | |
German American Bancorp, Inc. | 128,545 | 3,644,251 | |
Glacier Bancorp, Inc. | 413,407 | 14,504,385 | |
Glen Burnie Bancorp (a) | 18,315 | 184,066 | |
Great Southern Bancorp, Inc. | 58,083 | 2,238,519 | |
Great Western Bancorp, Inc. | 258,071 | 3,594,929 | |
Guaranty Bancshares, Inc. Texas | 47,148 | 1,247,065 | |
Hancock Whitney Corp. | 409,026 | 8,184,610 | |
Hanmi Financial Corp. | 161,158 | 1,535,836 | |
HarborOne Bancorp, Inc. | 293,534 | 2,539,069 | |
Hawthorn Bancshares, Inc. | 53,198 | 974,587 | |
HBT Financial, Inc. | 46,997 | 556,914 | |
Heartland Financial U.S.A., Inc. | 159,108 | 5,478,088 | |
Heritage Commerce Corp. | 295,362 | 2,046,859 | |
Heritage Financial Corp., Washington (a) | 173,323 | 3,456,061 | |
Hilltop Holdings, Inc. | 330,612 | 6,810,607 | |
Home Bancshares, Inc. | 717,819 | 11,635,846 | |
HomeTrust Bancshares, Inc. | 84,570 | 1,186,517 | |
Hope Bancorp, Inc. | 567,235 | 4,798,808 | |
Horizon Bancorp, Inc. Indiana | 191,135 | 2,136,889 | |
Howard Bancorp, Inc. (a)(b) | 42,944 | 421,281 | |
Independent Bank Corp. | 118,499 | 1,766,820 | |
Independent Bank Corp., Massachusetts | 156,028 | 9,806,360 | |
Independent Bank Group, Inc. | 171,751 | 7,986,422 | |
International Bancshares Corp. | 260,071 | 8,213,042 | |
Investar Holding Corp. | 40,668 | 553,085 | |
Investors Bancorp, Inc. | 908,274 | 7,039,124 | |
Lakeland Bancorp, Inc. | 245,474 | 2,609,389 | |
Lakeland Financial Corp. | 123,789 | 5,655,919 | |
Landmark Bancorp, Inc. | 355 | 7,459 | |
LCNB Corp. | 59,345 | 869,998 | |
Level One Bancorp, Inc. | 22,971 | 369,833 | |
Limestone Bancorp, Inc. (b) | 20,885 | 224,514 | |
Live Oak Bancshares, Inc. | 135,562 | 3,006,765 | |
Macatawa Bank Corp. | 119,957 | 878,085 | |
Mackinac Financial Corp. | 22,774 | 228,195 | |
Mainstreet Bancshares, Inc. (b) | 23,042 | 295,398 | |
Malvern Bancorp, Inc. (b) | 81,605 | 1,007,822 | |
Mercantil Bank Holding Corp. Class A (a)(b) | 113,833 | 1,496,904 | |
Mercantile Bank Corp. | 82,951 | 1,811,650 | |
Meridian Bank/Malvern, PA | 300 | 4,401 | |
Metrocity Bankshares, Inc. (a) | 34,625 | 472,285 | |
Metropolitan Bank Holding Corp. (b) | 34,732 | 1,075,650 | |
Mid Penn Bancorp, Inc. | 38,753 | 745,608 | |
Middlefield Banc Corp. | 26,166 | 497,154 | |
Midland States Bancorp, Inc. | 108,664 | 1,587,581 | |
MidWestOne Financial Group, Inc. | 59,556 | 1,130,968 | |
MVB Financial Corp. | 60,252 | 855,578 | |
National Bank Holdings Corp. | 154,533 | 4,394,919 | |
National Bankshares, Inc. | 30,379 | 754,311 | |
NBT Bancorp, Inc. | 209,369 | 6,379,473 | |
Nicolet Bankshares, Inc. (b) | 46,261 | 2,776,585 | |
Northeast Bank | 44,271 | 826,097 | |
Northrim Bancorp, Inc. | 32,146 | 865,049 | |
Norwood Financial Corp. | 25,663 | 635,159 | |
Oak Valley Bancorp Oakdale California | 988 | 13,338 | |
OceanFirst Financial Corp. | 288,792 | 4,508,043 | |
OFG Bancorp (a) | 246,657 | 3,167,076 | |
Ohio Valley Banc Corp. | 14,225 | 324,330 | |
Old National Bancorp, Indiana (a) | 758,299 | 10,601,020 | |
Old Point Financial Corp. | 8,643 | 135,263 | |
Old Second Bancorp, Inc. | 137,721 | 1,125,181 | |
Origin Bancorp, Inc. | 99,788 | 2,362,980 | |
Orrstown Financial Services, Inc. | 49,439 | 680,775 | |
Pacific City Financial Corp. | 58,618 | 559,802 | |
Pacific Mercantile Bancorp (b) | 74,732 | 277,256 | |
Pacific Premier Bancorp, Inc. | 374,686 | 8,464,157 | |
PacWest Bancorp | 540,615 | 10,314,934 | |
Park National Corp. | 61,119 | 5,495,209 | |
Parke Bancorp, Inc. | 46,200 | 568,260 | |
Pathfinder Bancorp, Inc. | 200 | 1,902 | |
Patriot National Bancorp, Inc. | 1,376 | 7,706 | |
Peapack-Gladstone Financial Corp. | 85,204 | 1,448,468 | |
Penns Woods Bancorp, Inc. | 27,874 | 578,386 | |
People's Utah Bancorp | 87,209 | 1,798,250 | |
Peoples Bancorp of North Carolina | 30,748 | 522,716 | |
Peoples Bancorp, Inc. | 96,806 | 2,046,479 | |
Peoples Financial Services Corp. | 30,443 | 1,109,343 | |
Pinnacle Financial Partners, Inc. | 327,834 | 13,096,968 | |
Plumas Bancorp | 200 | 3,952 | |
Popular, Inc. | 409,118 | 15,153,731 | |
Preferred Bank, Los Angeles | 69,718 | 2,607,453 | |
Premier Financial Bancorp, Inc. | 39,963 | 512,326 | |
Prosperity Bancshares, Inc. | 435,722 | 23,755,563 | |
QCR Holdings, Inc. | 78,151 | 2,342,185 | |
RBB Bancorp | 72,154 | 935,837 | |
Red River Bancshares, Inc. | 10,822 | 470,973 | |
Reliant Bancorp, Inc. | 67,458 | 978,141 | |
Renasant Corp. | 253,491 | 6,431,067 | |
Republic Bancorp, Inc., Kentucky Class A | 51,796 | 1,593,245 | |
Republic First Bancorp, Inc. (b) | 240,926 | 503,535 | |
Richmond Mutual Bancorp., Inc. | 59,898 | 678,045 | |
S&T Bancorp, Inc. | 190,026 | 3,837,575 | |
Salisbury Bancorp, Inc. | 200 | 7,142 | |
Sandy Spring Bancorp, Inc. | 218,907 | 5,236,255 | |
SB Financial Group, Inc. (a) | 31,466 | 435,489 | |
Seacoast Banking Corp., Florida (b) | 262,006 | 5,303,001 | |
Select Bancorp, Inc. New (b) | 79,828 | 610,684 | |
ServisFirst Bancshares, Inc. | 221,642 | 8,123,179 | |
Shore Bancshares, Inc. | 41,535 | 404,966 | |
Sierra Bancorp | 71,467 | 1,277,115 | |
Signature Bank | 252,028 | 24,454,277 | |
Silvergate Capital Corp. (a)(b) | 18,756 | 280,027 | |
Simmons First National Corp. Class A (a) | 504,108 | 8,605,124 | |
SmartFinancial, Inc. | 65,632 | 903,753 | |
Sound Financial Bancorp, Inc. | 300 | 8,550 | |
South Plains Financial, Inc. | 18,320 | 261,610 | |
South State Corp. | 336,656 | 18,745,006 | |
Southern First Bancshares, Inc. (b) | 40,709 | 1,054,363 | |
Southern National Bancorp of Virginia, Inc. | 92,116 | 787,592 | |
Southside Bancshares, Inc. | 140,742 | 3,878,146 | |
Spirit of Texas Bancshares, Inc. (b) | 84,372 | 1,054,650 | |
Sterling Bancorp (a) | 911,441 | 10,636,516 | |
Stock Yards Bancorp, Inc. | 107,186 | 4,601,495 | |
Summit Financial Group, Inc. | 29,303 | 432,219 | |
Summit State Bank | 200 | 1,980 | |
Synovus Financial Corp. | 689,112 | 15,070,879 | |
TCF Financial Corp. | 722,140 | 19,411,123 | |
Texas Capital Bancshares, Inc. (b) | 237,718 | 7,699,686 | |
The Bank of Princeton | 25,818 | 502,935 | |
The Fauquier Bank | 800 | 12,128 | |
The First Bancorp, Inc. | 39,635 | 843,433 | |
Tompkins Financial Corp. | 60,873 | 4,028,575 | |
TowneBank | 321,262 | 5,695,975 | |
Trico Bancshares | 128,447 | 3,556,697 | |
TriState Capital Holdings, Inc. (b) | 120,599 | 1,676,326 | |
Triumph Bancorp, Inc. (b) | 109,473 | 3,126,549 | |
Trustmark Corp. | 289,154 | 6,789,336 | |
UMB Financial Corp. | 194,584 | 10,453,052 | |
Umpqua Holdings Corp. | 1,029,694 | 11,614,948 | |
Union Bankshares Corp. | 366,730 | 8,530,140 | |
Union Bankshares, Inc. | 25,753 | 498,836 | |
United Bancorp, Inc. | 40,892 | 451,448 | |
United Bancshares, Inc. | 200 | 3,680 | |
United Bankshares, Inc., West Virginia | 589,988 | 15,422,286 | |
United Community Bank, Inc. | 365,939 | 6,630,815 | |
United Security Bancshares, Inc. | 8,386 | 61,637 | |
United Security Bancshares, California | 22,642 | 137,890 | |
Unity Bancorp, Inc. | 52,774 | 700,839 | |
Univest Corp. of Pennsylvania | 153,534 | 2,470,362 | |
Valley National Bancorp | 1,826,398 | 13,716,249 | |
Veritex Holdings, Inc. | 225,993 | 4,063,354 | |
Village Bank & Trust Financial Corp. (a)(b) | 8,718 | 258,663 | |
Washington Trust Bancorp, Inc. | 76,389 | 2,549,865 | |
Webster Financial Corp. | 423,842 | 11,655,655 | |
WesBanco, Inc. | 305,302 | 6,783,810 | |
West Bancorp., Inc. | 75,032 | 1,320,563 | |
Westamerica Bancorp. | 128,802 | 7,838,890 | |
Western Alliance Bancorp. | 440,424 | 15,546,967 | |
Wintrust Financial Corp. | 260,980 | 11,357,850 | |
1,035,586,739 | |||
Capital Markets - 3.1% | |||
Affiliated Managers Group, Inc. | 222,645 | 15,284,579 | |
Apollo Global Management LLC Class A (a) | 971,391 | 45,529,096 | |
Ares Management Corp. | 351,371 | 14,212,957 | |
Artisan Partners Asset Management, Inc. | 266,240 | 10,306,150 | |
Ashford, Inc. (a)(b) | 7,062 | 48,260 | |
Assetmark Financial Holdings, Inc. (b) | 57,276 | 1,383,215 | |
Associated Capital Group, Inc. | 19,342 | 747,568 | |
B. Riley Financial, Inc. | 68,044 | 1,822,218 | |
BGC Partners, Inc. Class A | 1,348,186 | 3,397,429 | |
Blucora, Inc. (b) | 227,074 | 2,708,993 | |
BrightSphere Investment Group, Inc. | 290,596 | 4,027,661 | |
Carlyle Group LP (a) | 541,863 | 13,985,484 | |
Cohen & Co., Inc. (a)(b) | 1,650 | 29,750 | |
Cohen & Steers, Inc. | 100,865 | 6,102,333 | |
Cowen Group, Inc. Class A (a) | 135,783 | 2,456,314 | |
Diamond Hill Investment Group, Inc. | 15,779 | 1,955,176 | |
Donnelley Financial Solutions, Inc. (b) | 148,699 | 1,620,819 | |
Eaton Vance Corp. (non-vtg.) | 534,297 | 21,916,863 | |
Evercore, Inc. Class A | 191,826 | 11,870,193 | |
FactSet Research Systems, Inc. | 178,465 | 62,534,136 | |
Federated Hermes, Inc. Class B (non-vtg.) | 451,088 | 10,785,514 | |
Focus Financial Partners, Inc. Class A (b) | 144,115 | 5,100,230 | |
GAMCO Investors, Inc. Class A | 21,697 | 273,816 | |
Great Elm Capital Group, Inc. (b) | 109,690 | 275,322 | |
Greenhill & Co., Inc. (a) | 74,014 | 830,437 | |
Hamilton Lane, Inc. Class A | 136,654 | 9,990,774 | |
Hennessy Advisors, Inc. | 9,579 | 84,199 | |
Houlihan Lokey | 233,684 | 13,693,882 | |
Interactive Brokers Group, Inc. | 363,132 | 19,253,259 | |
INTL FCStone, Inc. (b) | 77,022 | 4,367,147 | |
Janus Henderson Group PLC (a) | 719,683 | 14,911,832 | |
KKR & Co. LP | 2,635,553 | 94,405,508 | |
Lazard Ltd. Class A | 530,354 | 16,796,311 | |
LPL Financial | 371,733 | 30,541,583 | |
Manning & Napier, Inc. Class A | 53,255 | 227,931 | |
Medley Management, Inc. (a)(b) | 32,101 | 25,678 | |
Moelis & Co. Class A (a) | 253,187 | 8,079,197 | |
Morningstar, Inc. | 96,743 | 15,493,391 | |
National Holdings Corp. (b) | 3,418 | 7,485 | |
National Holdings Corp. warrants 1/18/22 (b) | 3,483 | 331 | |
Och-Ziff Capital Management Group LLC Class A | 91,651 | 1,170,383 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 51,092 | 1,248,178 | |
Piper Jaffray Companies | 67,506 | 5,093,328 | |
PJT Partners, Inc. | 99,081 | 5,863,614 | |
Pzena Investment Management, Inc. | 60,039 | 297,193 | |
Safeguard Scientifics, Inc. | 95,305 | 594,703 | |
SEI Investments Co. | 579,981 | 30,367,805 | |
Siebert Financial Corp. (a)(b) | 17,943 | 67,825 | |
Silvercrest Asset Management Group Class A | 18,263 | 229,018 | |
Stifel Financial Corp. (a) | 323,532 | 16,406,308 | |
TD Ameritrade Holding Corp. | 1,246,654 | 47,846,581 | |
The Blackstone Group LP | 3,153,240 | 166,964,058 | |
Tradeweb Markets, Inc. Class A | 363,891 | 20,847,315 | |
U.S. Global Investments, Inc. Class A | 35,952 | 133,022 | |
Value Line, Inc. | 10,562 | 275,668 | |
Victory Capital Holdings, Inc. (a) | 75,968 | 1,321,084 | |
Virtu Financial, Inc. Class A | 361,036 | 9,325,560 | |
Virtus Investment Partners, Inc. | 34,345 | 4,873,556 | |
Waddell & Reed Financial, Inc. Class A (a) | 310,789 | 4,894,927 | |
Westwood Holdings Group, Inc. | 42,478 | 483,400 | |
WisdomTree Investments, Inc. | 584,077 | 2,184,448 | |
787,570,995 | |||
Consumer Finance - 0.7% | |||
Ally Financial, Inc. | 1,756,279 | 40,183,664 | |
Asta Funding, Inc. (b) | 34,340 | 448,137 | |
Atlanticus Holdings Corp. (b) | 29,980 | 254,830 | |
Consumer Portfolio Services, Inc. (a)(b) | 85,827 | 278,079 | |
Credit Acceptance Corp. (a)(b) | 61,720 | 23,873,296 | |
CURO Group Holdings Corp. | 62,754 | 483,206 | |
Elevate Credit, Inc. (a)(b) | 99,816 | 196,638 | |
Encore Capital Group, Inc. (a)(b) | 132,026 | 6,065,274 | |
Enova International, Inc. (b) | 133,519 | 2,280,505 | |
EZCORP, Inc. (non-vtg.) Class A (a)(b) | 258,475 | 1,390,596 | |
First Cash Financial Services, Inc. | 196,032 | 11,712,912 | |
Green Dot Corp. Class A (b) | 230,827 | 12,016,854 | |
LendingClub Corp. (b) | 318,200 | 1,696,006 | |
LendingTree, Inc. (a)(b) | 36,536 | 11,287,432 | |
Medallion Financial Corp. (b) | 77,873 | 211,036 | |
Navient Corp. | 790,725 | 7,187,690 | |
Nelnet, Inc. Class A (a) | 95,202 | 6,234,779 | |
Nicholas Financial, Inc. (b) | 72,274 | 581,806 | |
OneMain Holdings, Inc. | 351,747 | 10,228,803 | |
Oportun Financial Corp. (b) | 31,995 | 401,537 | |
PRA Group, Inc. (b) | 215,529 | 10,059,816 | |
Regional Management Corp. (b) | 44,863 | 820,544 | |
Santander Consumer U.S.A. Holdings, Inc. | 440,600 | 7,582,726 | |
SLM Corp. | 1,778,584 | 13,588,382 | |
World Acceptance Corp. (a)(b) | 25,344 | 2,306,051 | |
171,370,599 | |||
Diversified Financial Services - 0.4% | |||
A-Mark Precious Metals, Inc. (b) | 15,255 | 364,900 | |
Alerus Financial Corp. (a) | 16,277 | 335,143 | |
Cannae Holdings, Inc. (b) | 401,937 | 15,165,083 | |
Equitable Holdings, Inc. | 1,912,614 | 40,528,291 | |
FlexShopper, Inc. (b) | 60,932 | 135,878 | |
Jefferies Financial Group, Inc. | 1,060,650 | 18,603,801 | |
Marlin Business Services Corp. | 41,479 | 277,909 | |
On Deck Capital, Inc. (b) | 229,975 | 372,560 | |
Rafael Holdings, Inc. (b) | 52,713 | 918,260 | |
Voya Financial, Inc. (a) | 588,396 | 30,543,636 | |
107,245,461 | |||
Insurance - 3.1% | |||
1347 Property Insurance Holdings, Inc. (b) | 6,863 | 28,138 | |
Alleghany Corp. | 67,615 | 37,496,574 | |
AMBAC Financial Group, Inc. (a)(b) | 221,048 | 2,791,836 | |
American Equity Investment Life Holding Co. | 429,854 | 10,277,809 | |
American Financial Group, Inc. | 350,898 | 23,457,531 | |
American National Group, Inc. | 40,640 | 3,048,406 | |
Amerisafe, Inc. | 90,597 | 6,045,538 | |
Arch Capital Group Ltd. (b) | 1,909,794 | 60,234,903 | |
Argo Group International Holdings, Ltd. | 157,838 | 5,862,103 | |
Assured Guaranty Ltd. | 402,479 | 8,633,175 | |
Athene Holding Ltd. (b) | 556,663 | 20,351,599 | |
Atlas Financial Holdings, Inc. (b) | 41,883 | 16,263 | |
Axis Capital Holdings Ltd. (a) | 396,979 | 18,959,717 | |
Brighthouse Financial, Inc. (b) | 440,248 | 13,365,929 | |
Brown & Brown, Inc. | 1,106,066 | 51,321,462 | |
BRP Group, Inc. (b) | 151,954 | 4,180,255 | |
Citizens, Inc. Class A (a)(b) | 231,810 | 1,356,089 | |
CNA Financial Corp. | 119,050 | 3,829,839 | |
CNO Financial Group, Inc. | 658,626 | 10,735,604 | |
Conifer Holdings, Inc. (a)(b) | 13,147 | 39,310 | |
Crawford & Co.: | |||
Class A | 49,698 | 340,928 | |
Class B | 51,302 | 357,062 | |
Donegal Group, Inc. Class A | 93,713 | 1,352,279 | |
eHealth, Inc. (a)(b) | 122,506 | 7,732,579 | |
Employers Holdings, Inc. | 144,402 | 4,704,617 | |
Enstar Group Ltd. (b) | 71,519 | 12,801,186 | |
Erie Indemnity Co. Class A | 87,109 | 18,592,545 | |
FBL Financial Group, Inc. Class A | 49,164 | 1,821,526 | |
Fednat Holding Co. | 49,542 | 420,612 | |
First American Financial Corp. | 523,255 | 27,507,515 | |
FNF Group | 1,361,973 | 44,713,574 | |
Genworth Financial, Inc. Class A (b) | 2,330,609 | 7,038,439 | |
Goosehead Insurance (a) | 58,564 | 6,018,037 | |
Greenlight Capital Re, Ltd. (a)(b) | 148,790 | 1,081,703 | |
Hallmark Financial Services, Inc. (b) | 66,693 | 222,755 | |
Hanover Insurance Group, Inc. | 179,718 | 18,419,298 | |
HCI Group, Inc. | 33,078 | 1,810,028 | |
Heritage Insurance Holdings, Inc. | 126,472 | 1,650,460 | |
Horace Mann Educators Corp. | 195,695 | 7,643,847 | |
Independence Holding Co. (a) | 35,646 | 1,247,610 | |
Investors Title Co. | 6,973 | 948,746 | |
James River Group Holdings Ltd. | 144,589 | 7,042,930 | |
Kemper Corp. | 290,227 | 22,539,029 | |
Kingstone Companies, Inc. | 38,480 | 229,726 | |
Kinsale Capital Group, Inc. | 98,336 | 20,378,169 | |
Maiden Holdings Ltd. (b) | 310,745 | 394,646 | |
Markel Corp. (b) | 64,753 | 70,375,503 | |
MBIA, Inc. (a)(b) | 305,509 | 2,477,678 | |
Mercury General Corp. (a) | 125,151 | 5,598,004 | |
National General Holdings Corp. | 314,260 | 10,700,553 | |
National Western Life Group, Inc. | 10,946 | 2,408,011 | |
NI Holdings, Inc. (b) | 44,844 | 731,854 | |
Old Republic International Corp. | 1,341,598 | 21,613,144 | |
Palomar Holdings, Inc. (b) | 83,987 | 9,435,939 | |
Primerica, Inc. | 191,453 | 23,902,907 | |
ProAssurance Corp. | 244,865 | 3,751,332 | |
ProSight Global, Inc. (b) | 37,689 | 357,292 | |
Protective Insurance Corp. Class B | 41,959 | 602,531 | |
Reinsurance Group of America, Inc. | 319,274 | 29,271,040 | |
RenaissanceRe Holdings Ltd. | 237,456 | 43,630,165 | |
RLI Corp. | 189,944 | 17,814,848 | |
Safety Insurance Group, Inc. | 69,518 | 5,033,103 | |
Selective Insurance Group, Inc. | 282,524 | 16,897,760 | |
State Auto Financial Corp. | 85,309 | 1,316,318 | |
Stewart Information Services Corp. | 108,408 | 4,625,769 | |
Third Point Reinsurance Ltd. (b) | 400,875 | 3,431,490 | |
Tiptree, Inc. | 126,062 | 710,990 | |
Trupanion, Inc. (a)(b) | 141,947 | 8,904,335 | |
United Fire Group, Inc. | 103,869 | 2,615,421 | |
United Insurance Holdings Corp. | 118,183 | 894,645 | |
Universal Insurance Holdings, Inc. | 150,727 | 2,795,986 | |
Watford Holdings Ltd. (b) | 19,177 | 306,832 | |
White Mountains Insurance Group Ltd. | 13,852 | 12,347,673 | |
801,593,049 | |||
Mortgage Real Estate Investment Trusts - 0.9% | |||
AG Mortgage Investment Trust, Inc. (a) | 159,523 | 443,474 | |
AGNC Investment Corp. | 2,630,240 | 37,112,686 | |
Annaly Capital Management, Inc. | 6,747,098 | 49,591,170 | |
Anworth Mortgage Asset Corp. | 550,803 | 952,889 | |
Apollo Commercial Real Estate Finance, Inc. | 679,762 | 6,077,072 | |
Arbor Realty Trust, Inc. | 466,318 | 5,278,720 | |
Ares Commercial Real Estate Corp. | 159,371 | 1,587,335 | |
Arlington Asset Investment Corp. | 206,659 | 562,112 | |
Armour Residential REIT, Inc. | 295,642 | 2,864,771 | |
Blackstone Mortgage Trust, Inc. | 683,893 | 16,256,137 | |
Broadmark Realty Capital, Inc. | 486,261 | 4,765,358 | |
Capstead Mortgage Corp. | 474,950 | 2,930,442 | |
Cherry Hill Mortgage Investment Corp. | 87,984 | 841,127 | |
Chimera Investment Corp. | 878,283 | 7,807,936 | |
Colony NorthStar Credit Real Estate, Inc. | 388,603 | 2,339,390 | |
Dynex Capital, Inc. | 114,992 | 1,821,473 | |
Ellington Financial LLC | 206,398 | 2,571,719 | |
Ellington Residential Mortgage REIT | 44,257 | 502,760 | |
Exantas Capital Corp. (a) | 158,290 | 368,816 | |
Granite Point Mortgage Trust, Inc. (a) | 269,669 | 1,790,602 | |
Great Ajax Corp. | 97,103 | 885,579 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 349,226 | 14,828,136 | |
Hunt Companies Finance Trust, Inc. | 76,218 | 192,069 | |
Invesco Mortgage Capital, Inc. (a) | 805,429 | 2,416,287 | |
KKR Real Estate Finance Trust, Inc. | 117,096 | 2,131,147 | |
Ladder Capital Corp. Class A | 471,784 | 3,514,791 | |
Manhattan Bridge Capital, Inc. | 2,400 | 10,080 | |
MFA Financial, Inc. | 2,115,050 | 5,668,334 | |
New Residential Investment Corp. | 1,953,373 | 15,119,107 | |
New York Mortgage Trust, Inc. | 1,846,661 | 4,875,185 | |
Nexpoint Real Estate Finance, Inc. | 28,868 | 443,701 | |
Orchid Island Capital, Inc. (a) | 330,317 | 1,687,920 | |
PennyMac Mortgage Investment Trust | 478,927 | 8,208,809 | |
Redwood Trust, Inc. | 548,013 | 3,797,730 | |
Starwood Property Trust, Inc. | 1,329,701 | 20,743,336 | |
TPG RE Finance Trust, Inc. | 271,764 | 2,396,958 | |
Tremont Mortgage Trust | 25,608 | 75,031 | |
Two Harbors Investment Corp. | 1,274,040 | 6,943,518 | |
Western Asset Mortgage Capital Corp. | 269,396 | 611,529 | |
ZAIS Financial Corp. | 185,688 | 1,899,588 | |
242,914,824 | |||
Thrifts & Mortgage Finance - 0.8% | |||
Axos Financial, Inc. (b) | 244,857 | 6,067,556 | |
Bridgewater Bancshares, Inc. (b) | 98,991 | 962,193 | |
Capitol Federal Financial, Inc. | 688,020 | 6,426,107 | |
CBM Bancorp, Inc. | 100 | 1,199 | |
Cf Bankshares, Inc. (b) | 1,700 | 18,700 | |
Columbia Financial, Inc. (b) | 246,970 | 2,635,170 | |
Dime Community Bancshares, Inc. | 147,360 | 1,900,944 | |
Elmira Savings Bank | 890 | 9,407 | |
ESSA Bancorp, Inc. | 31,879 | 408,051 | |
Essent Group Ltd. (a) | 521,705 | 18,624,869 | |
Farmer Mac Class C (non-vtg.) | 48,118 | 3,279,242 | |
FFBW, Inc. (b) | 6,052 | 48,719 | |
First Defiance Financial Corp. | 187,021 | 3,417,809 | |
Flagstar Bancorp, Inc. | 194,104 | 6,098,748 | |
FS Bancorp, Inc. | 23,583 | 934,358 | |
Greene County Bancorp, Inc. | 2,194 | 51,471 | |
Guaranty Federal Bancshares, Inc. | 200 | 2,720 | |
Hingham Institution for Savings | 8,302 | 1,522,255 | |
HMN Financial, Inc. (b) | 3,999 | 56,266 | |
Home Bancorp, Inc. | 30,230 | 730,357 | |
Home Federal Bancorp, Inc. | 666 | 15,611 | |
HomeStreet, Inc. | 116,033 | 3,175,823 | |
IF Bancorp, Inc. | 400 | 6,464 | |
Impac Mortgage Holdings, Inc. (a)(b) | 64,633 | 98,242 | |
Kearny Financial Corp. | 393,504 | 3,053,591 | |
Luther Burbank Corp. | 86,415 | 802,795 | |
Merchants Bancorp/IN | 86,889 | 1,770,798 | |
Meridian Bancorp, Inc. Maryland | 278,338 | 3,239,854 | |
Meta Financial Group, Inc. | 151,688 | 2,924,545 | |
MGIC Investment Corp. | 1,586,248 | 14,545,894 | |
MMA Capital Management, LLC (b) | 10,324 | 242,408 | |
New York Community Bancorp, Inc. | 2,198,971 | 19,900,688 | |
NMI Holdings, Inc. (b) | 402,287 | 6,899,222 | |
Northfield Bancorp, Inc. | 225,209 | 2,175,519 | |
Northwest Bancshares, Inc. | 564,775 | 5,709,875 | |
Ocwen Financial Corp. (b) | 36,792 | 699,784 | |
OP Bancorp | 50,814 | 309,965 | |
PCSB Financial Corp. | 86,979 | 1,102,894 | |
PDL Community Bancorp (b) | 2,100 | 17,031 | |
Pennymac Financial Services, Inc. | 200,485 | 10,569,569 | |
Pioneer Bancorp, Inc. (a)(b) | 48,545 | 390,302 | |
Provident Bancorp, Inc. | 71,933 | 559,639 | |
Provident Financial Holdings, Inc. | 23,856 | 284,125 | |
Provident Financial Services, Inc. | 345,178 | 4,549,446 | |
Prudential Bancorp, Inc. | 120,325 | 1,190,014 | |
Radian Group, Inc. | 922,038 | 14,236,267 | |
Randolph Bancorp, Inc. (b) | 16,502 | 179,872 | |
Riverview Bancorp, Inc. (a) | 143,960 | 594,555 | |
Rocket Cos., Inc. (a)(b) | 476,700 | 13,347,600 | |
Sachem Capital Corp. | 73,750 | 261,813 | |
Security National Financial Corp. Class A | 45,076 | 284,880 | |
Severn Bancorp, Inc. | 800 | 4,912 | |
Southern Missouri Bancorp, Inc. | 33,343 | 789,562 | |
Standard AVB Financial Corp. | 400 | 7,380 | |
Sterling Bancorp, Inc. | 84,010 | 249,510 | |
Territorial Bancorp, Inc. | 30,975 | 655,431 | |
TFS Financial Corp. | 233,279 | 3,604,161 | |
Timberland Bancorp, Inc. | 31,588 | 552,474 | |
Trustco Bank Corp., New York | 498,878 | 2,973,313 | |
Walker & Dunlop, Inc. | 132,066 | 7,234,575 | |
Washington Federal, Inc. | 353,735 | 8,295,086 | |
Waterstone Financial, Inc. | 130,703 | 2,024,589 | |
Westfield Financial, Inc. | 129,100 | 660,992 | |
WMI Holdings Corp. (b) | 349,146 | 6,398,100 | |
WSFS Financial Corp. | 237,462 | 6,957,637 | |
206,742,948 | |||
TOTAL FINANCIALS | 3,353,024,615 | ||
HEALTH CARE - 14.9% | |||
Biotechnology - 6.4% | |||
89Bio, Inc. (a)(b) | 27,845 | 1,072,033 | |
Abeona Therapeutics, Inc. (b) | 316,648 | 744,123 | |
ACADIA Pharmaceuticals, Inc. (b) | 538,298 | 21,311,218 | |
Acceleron Pharma, Inc. (b) | 240,999 | 23,490,173 | |
Acorda Therapeutics, Inc. (a)(b) | 223,771 | 124,484 | |
Actinium Pharmaceuticals, Inc. (a)(b) | 66,561 | 553,122 | |
Adamas Pharmaceuticals, Inc. (b) | 96,033 | 497,451 | |
ADMA Biologics, Inc. (a)(b) | 334,842 | 853,847 | |
Aduro Biotech, Inc. (b) | 258,844 | 802,416 | |
Advaxis, Inc. (b) | 275,344 | 136,543 | |
Adverum Biotechnologies, Inc. (b) | 381,597 | 4,655,483 | |
Aeglea BioTherapeutics, Inc. (b) | 194,744 | 1,416,763 | |
Aevi Genomic Medicine, Inc. rights (b)(c) | 123,543 | 4,156 | |
Agenus, Inc. (a)(b) | 656,971 | 2,861,109 | |
AgeX Therapeutics, Inc. (a)(b) | 61,626 | 54,428 | |
Agios Pharmaceuticals, Inc. (b) | 289,639 | 11,878,095 | |
Aikido Pharma, Inc. (a)(b) | 97,740 | 62,475 | |
Aileron Therapeutics, Inc. (a)(b) | 24,993 | 31,991 | |
Aimmune Therapeutics, Inc. (a)(b) | 204,985 | 7,014,587 | |
Akebia Therapeutics, Inc. (b) | 673,997 | 7,016,309 | |
Akero Therapeutics, Inc. (b) | 53,669 | 1,749,609 | |
Albireo Pharma, Inc. (b) | 62,359 | 1,734,827 | |
Aldeyra Therapeutics, Inc. (a)(b) | 114,810 | 749,709 | |
Alector, Inc. (b) | 182,197 | 2,353,985 | |
Alkermes PLC (b) | 745,736 | 12,334,473 | |
Allakos, Inc. (a)(b) | 114,830 | 10,286,471 | |
Allena Pharmaceuticals, Inc. (a)(b) | 34,443 | 46,498 | |
Allogene Therapeutics, Inc. (a)(b) | 304,580 | 10,858,277 | |
Alnylam Pharmaceuticals, Inc. (b) | 532,750 | 70,663,960 | |
Alpine Immune Sciences, Inc. (b) | 17,610 | 143,698 | |
Altimmune, Inc. (b) | 60,683 | 1,023,722 | |
Amicus Therapeutics, Inc. (b) | 1,221,409 | 17,832,571 | |
AmpliPhi Biosciences Corp. (a)(b) | 5,111 | 16,560 | |
AnaptysBio, Inc. (b) | 118,904 | 2,060,606 | |
Anavex Life Sciences Corp. (a)(b) | 245,272 | 1,039,953 | |
Anika Therapeutics, Inc. (a)(b) | 66,146 | 2,535,376 | |
Anixa Biosciences, Inc. (b) | 73,019 | 144,578 | |
Apellis Pharmaceuticals, Inc. (b) | 249,638 | 7,696,340 | |
Applied Genetic Technologies Corp. (b) | 87,754 | 451,056 | |
Applied Therapeutics, Inc. (a)(b) | 39,708 | 956,963 | |
Aprea Therapeutics, Inc. (a) | 31,224 | 846,170 | |
Aptevo Therapeutics, Inc. (b) | 4,670 | 36,613 | |
Aptinyx, Inc. (b) | 123,302 | 408,130 | |
AquaBounty Technologies, Inc. (b) | 43,622 | 124,323 | |
AquaMed Technologies, Inc. (b)(c) | 6,256 | 0 | |
Aravive, Inc. (a)(b) | 50,675 | 288,848 | |
Arbutus Biopharma Corp. (a)(b) | 183,569 | 534,186 | |
ARCA Biopharma, Inc. (b) | 2,654 | 14,544 | |
Arcturus Therapeutics Holdings, Inc. (a)(b) | 87,081 | 4,200,787 | |
Arcus Biosciences, Inc. (b) | 195,239 | 4,646,688 | |
Arcutis Biotherapeutics, Inc. (a)(b) | 40,506 | 1,015,485 | |
Ardelyx, Inc. (a)(b) | 306,928 | 1,761,767 | |
Arena Pharmaceuticals, Inc. (b) | 260,580 | 18,193,696 | |
Arrowhead Pharmaceuticals, Inc. (b) | 480,824 | 20,310,006 | |
Assembly Biosciences, Inc. (b) | 141,633 | 3,097,514 | |
Atara Biotherapeutics, Inc. (b) | 284,667 | 3,837,311 | |
Athenex, Inc. (a)(b) | 243,705 | 2,800,170 | |
Athersys, Inc. (a)(b) | 867,503 | 1,891,157 | |
Atossa Therapeutics, Inc. (a)(b) | 45,293 | 115,497 | |
Atreca, Inc. (a)(b) | 36,199 | 514,750 | |
aTyr Pharma, Inc. (b) | 38,891 | 146,230 | |
AVEO Pharmaceuticals, Inc. (b) | 69,277 | 329,759 | |
Avid Bioservices, Inc. (a)(b) | 218,965 | 1,837,116 | |
AVROBIO, Inc. (b) | 124,314 | 2,153,118 | |
Axcella Health, Inc. (a)(b) | 84,237 | 421,185 | |
AzurRx BioPharma, Inc. (a)(b) | 41,260 | 33,846 | |
Beam Therapeutics, Inc. (a) | 57,803 | 1,451,433 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 19,838 | 118,036 | |
Bio Path Holdings, Inc. (a)(b) | 14,635 | 62,931 | |
Biocept, Inc. (a)(b) | 465,261 | 309,399 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 642,002 | 2,664,308 | |
Biohaven Pharmaceutical Holding Co. Ltd. (b) | 209,715 | 13,293,834 | |
BioMarin Pharmaceutical, Inc. (b) | 852,364 | 66,509,963 | |
Biospecifics Technologies Corp. (b) | 29,132 | 1,879,014 | |
BioTime, Inc. (a)(b) | 632,706 | 578,926 | |
BioXcel Therapeutics, Inc. (a)(b) | 62,240 | 2,536,280 | |
Black Diamond Therapeutics, Inc. (a)(b) | 49,076 | 1,411,917 | |
bluebird bio, Inc. (b) | 306,017 | 18,146,808 | |
Blueprint Medicines Corp. (b) | 256,149 | 19,833,617 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 114,739 | 1,446,859 | |
Brickell Biotech, Inc. (b) | 14,738 | 13,854 | |
Bridgebio Pharma, Inc. (a)(b) | 99,134 | 2,960,141 | |
Cabaletta Bio, Inc. (b) | 36,030 | 380,117 | |
Calithera Biosciences, Inc. (b) | 267,213 | 1,076,868 | |
Calyxt, Inc. (b) | 41,012 | 222,900 | |
Cancer Genetics, Inc. (b) | 2,231 | 11,980 | |
Capricor Therapeutics, Inc. (a)(b) | 53,771 | 324,239 | |
Cardiff Oncology, Inc. (a)(b) | 39,506 | 313,678 | |
CareDx, Inc. (b) | 185,504 | 6,334,962 | |
CASI Pharmaceuticals, Inc. (b) | 242,893 | 415,347 | |
Castle Biosciences, Inc. (a)(b) | 19,626 | 897,497 | |
Catabasis Pharmaceuticals, Inc. (b) | 71,200 | 469,920 | |
Catalyst Biosciences, Inc. (a)(b) | 78,458 | 409,551 | |
Catalyst Pharmaceutical Partners, Inc. (b) | 465,135 | 1,525,643 | |
Cel-Sci Corp. (a)(b) | 161,677 | 2,090,484 | |
Celcuity, Inc. (a)(b) | 14,316 | 79,454 | |
Celldex Therapeutics, Inc. (a)(b) | 75,745 | 904,395 | |
Cellectar Biosciences, Inc. (a)(b) | 7,104 | 8,454 | |
Cellular Biomedicine Group, Inc. (b) | 56,107 | 1,042,468 | |
Celsion Corp. (a)(b) | 149,766 | 138,159 | |
Checkpoint Therapeutics, Inc. (a)(b) | 104,918 | 228,721 | |
ChemoCentryx, Inc. (b) | 228,898 | 12,246,043 | |
Chimerix, Inc. (b) | 239,256 | 672,309 | |
Cidara Therapeutics, Inc. (b) | 130,297 | 414,344 | |
Cleveland Biolabs, Inc. (a)(b) | 9,814 | 18,254 | |
Clovis Oncology, Inc. (a)(b) | 429,866 | 2,239,602 | |
CohBar, Inc. (a)(b) | 98,160 | 91,583 | |
Coherus BioSciences, Inc. (a)(b) | 286,877 | 5,442,057 | |
Concert Pharmaceuticals, Inc. (b) | 101,129 | 972,861 | |
Constellation Pharmaceuticals, Inc. (b) | 109,663 | 2,308,406 | |
ContraFect Corp. (b) | 117,579 | 643,157 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 306,666 | 2,847,394 | |
Cortexyme, Inc. (a)(b) | 22,931 | 1,008,276 | |
Corvus Pharmaceuticals, Inc. (a)(b) | 62,848 | 238,194 | |
Crinetics Pharmaceuticals, Inc. (b) | 82,413 | 1,321,080 | |
CTI BioPharma Corp. (b) | 232,172 | 257,711 | |
Cue Biopharma, Inc. (b) | 105,512 | 1,885,499 | |
Curis, Inc. (b) | 112,824 | 124,106 | |
Cyclacel Pharmaceuticals, Inc. (b) | 870 | 3,323 | |
Cyclerion Therapeutics, Inc. (b) | 73,939 | 504,264 | |
Cytokinetics, Inc. (a)(b) | 309,518 | 7,416,051 | |
CytomX Therapeutics, Inc. (b) | 226,661 | 1,654,625 | |
Deciphera Pharmaceuticals, Inc. (b) | 95,946 | 4,318,529 | |
Denali Therapeutics, Inc. (a)(b) | 351,994 | 11,228,609 | |
DiaMedica Therapeutics, Inc. (b) | 49,472 | 234,992 | |
Dicerna Pharmaceuticals, Inc. (b) | 274,257 | 5,079,240 | |
Diffusion Pharmaceuticals, Inc. (b) | 188,991 | 185,117 | |
Dyadic International, Inc. (a)(b) | 94,880 | 754,296 | |
Dynavax Technologies Corp. (a)(b) | 493,178 | 2,949,204 | |
Eagle Pharmaceuticals, Inc. (a)(b) | 49,285 | 1,955,629 | |
Edge Therapeutics, Inc. (a)(b) | 70,256 | 170,722 | |
Editas Medicine, Inc. (a)(b) | 287,908 | 10,142,999 | |
Eidos Therapeutics, Inc. (a)(b) | 24,927 | 1,078,841 | |
Eiger Biopharmaceuticals, Inc. (b) | 109,342 | 1,221,350 | |
Emergent BioSolutions, Inc. (b) | 209,318 | 23,872,718 | |
Enanta Pharmaceuticals, Inc. (b) | 79,709 | 4,160,013 | |
Enochian Biosciences, Inc. (a)(b) | 117,314 | 478,641 | |
Epizyme, Inc. (a)(b) | 365,645 | 4,753,385 | |
Esperion Therapeutics, Inc. (a)(b) | 123,651 | 4,463,801 | |
Evelo Biosciences, Inc. (a)(b) | 35,269 | 156,594 | |
Exact Sciences Corp. (a)(b) | 670,293 | 50,466,360 | |
Exelixis, Inc. (b) | 1,439,018 | 31,974,980 | |
Exicure, Inc. (b) | 374,089 | 744,437 | |
Fate Therapeutics, Inc. (b) | 330,565 | 12,032,566 | |
FibroGen, Inc. (b) | 381,740 | 17,113,404 | |
Five Prime Therapeutics, Inc. (b) | 170,999 | 730,166 | |
Flexion Therapeutics, Inc. (a)(b) | 201,721 | 2,352,067 | |
Forte Biosciences, Inc. (b) | 6,750 | 210,938 | |
Fortress Biotech, Inc. (a)(b) | 212,668 | 841,102 | |
Frequency Therapeutics, Inc. (a) | 27,358 | 529,104 | |
G1 Therapeutics, Inc. (a)(b) | 130,741 | 2,006,874 | |
Galectin Therapeutics, Inc. (a)(b) | 215,428 | 570,884 | |
Galera Therapeutics, Inc. (b) | 29,036 | 226,771 | |
Genocea Biosciences, Inc. (a)(b) | 98,878 | 239,285 | |
Genprex, Inc. (a)(b) | 102,460 | 405,742 | |
Geron Corp. (a)(b) | 1,512,976 | 3,101,601 | |
Global Blood Therapeutics, Inc. (a)(b) | 285,321 | 17,912,452 | |
GlycoMimetics, Inc. (b) | 178,499 | 658,661 | |
Gossamer Bio, Inc. (a)(b) | 231,816 | 3,222,242 | |
Gritstone Oncology, Inc. (a)(b) | 95,140 | 314,913 | |
Halozyme Therapeutics, Inc. (b) | 538,742 | 15,620,824 | |
Harpoon Therapeutics, Inc. (a)(b) | 35,504 | 488,535 | |
Heat Biologics, Inc. (a)(b) | 364,236 | 458,937 | |
Hemispherx Biopharma, Inc. (a)(b) | 125,063 | 281,392 | |
Heron Therapeutics, Inc. (a)(b) | 379,283 | 5,423,747 | |
Histogen, Inc. (a)(b) | 12,059 | 24,118 | |
Homology Medicines, Inc. (a)(b) | 123,609 | 1,313,964 | |
Hookipa Pharma, Inc. (b) | 35,652 | 318,729 | |
iBio, Inc. (a)(b) | 472,515 | 987,556 | |
Ideaya Biosciences, Inc. (b) | 26,243 | 317,540 | |
Idera Pharmaceuticals, Inc. (a)(b) | 101,043 | 210,169 | |
IGM Biosciences, Inc. (a)(b) | 56,686 | 2,437,498 | |
Immucell Corp. (b) | 13,116 | 68,466 | |
Immunic, Inc. (a)(b) | 11,220 | 180,081 | |
ImmunoGen, Inc. (b) | 824,406 | 3,050,302 | |
Immunomedics, Inc. (a)(b) | 984,087 | 43,850,917 | |
Immunovant, Inc. (b) | 121,563 | 4,128,279 | |
Infinity Pharmaceuticals, Inc. (b) | 232,096 | 257,627 | |
Inmune Bio, Inc. (a)(b) | 9,600 | 100,800 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 700,837 | 8,403,036 | |
Insmed, Inc. (b) | 481,023 | 13,560,038 | |
Intellia Therapeutics, Inc. (a)(b) | 214,355 | 4,625,781 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 120,483 | 6,009,692 | |
Invitae Corp. (a)(b) | 544,058 | 19,020,268 | |
Ionis Pharmaceuticals, Inc. (b) | 600,093 | 32,705,069 | |
Iovance Biotherapeutics, Inc. (a)(b) | 629,770 | 20,990,234 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 745,273 | 7,527,257 | |
IsoRay, Inc. (a)(b) | 218,985 | 143,917 | |
Iveric Bio, Inc. (b) | 160,325 | 719,859 | |
Jounce Therapeutics, Inc. (a)(b) | 76,862 | 372,012 | |
Kadmon Holdings, Inc. (b) | 686,003 | 3,430,015 | |
Kalvista Pharmaceuticals, Inc. (b) | 58,573 | 767,306 | |
Karuna Therapeutics, Inc. (a)(b) | 49,968 | 3,817,555 | |
Karyopharm Therapeutics, Inc. (b) | 313,080 | 4,761,947 | |
Keros Therapeutics, Inc. (a) | 30,513 | 1,633,666 | |
Kezar Life Sciences, Inc. (b) | 152,617 | 741,719 | |
Kindred Biosciences, Inc. (b) | 179,235 | 889,006 | |
Kiniksa Pharmaceuticals Ltd. (a)(b) | 58,878 | 1,040,374 | |
Kodiak Sciences, Inc. (a)(b) | 118,756 | 6,245,378 | |
Krystal Biotech, Inc. (b) | 51,724 | 2,472,924 | |
Kura Oncology, Inc. (a)(b) | 225,718 | 5,618,121 | |
La Jolla Pharmaceutical Co. (a)(b) | 115,502 | 485,108 | |
Larimar Therapeutics, Inc. (a)(b) | 12,118 | 149,173 | |
Leap Therapeutics, Inc. (b) | 59,536 | 103,593 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 205,959 | 360,428 | |
Ligand Pharmaceuticals, Inc.: | |||
Class B (a)(b) | 75,383 | 7,689,066 | |
General CVR (b) | 26,087 | 157 | |
Glucagon CVR (b) | 26,087 | 256 | |
rights (b) | 26,087 | 151 | |
TR Beta CVR (b) | 26,087 | 5,478 | |
LogicBio Therapeutics, Inc. (b) | 26,984 | 169,999 | |
Macrogenics, Inc. (b) | 232,551 | 6,730,026 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 43,967 | 4,735,246 | |
Magenta Therapeutics, Inc. (b) | 78,171 | 568,303 | |
MannKind Corp. (a)(b) | 909,470 | 1,582,478 | |
Marker Therapeutics, Inc. (a)(b) | 139,201 | 250,562 | |
Matinas BioPharma Holdings, Inc. (a)(b) | 729,652 | 570,661 | |
MediciNova, Inc. (a)(b) | 201,492 | 1,055,818 | |
MEI Pharma, Inc. (b) | 409,177 | 1,112,961 | |
Merrimack Pharmaceuticals, Inc. (a) | 57,524 | 237,574 | |
Mersana Therapeutics, Inc. (b) | 248,614 | 4,763,444 | |
Minerva Neurosciences, Inc. (a)(b) | 169,366 | 538,584 | |
Miragen Therapeutics, Inc. (b) | 167,699 | 155,273 | |
Mirati Therapeutics, Inc. (b) | 177,031 | 26,443,120 | |
Mirum Pharmaceuticals, Inc. (a)(b) | 35,699 | 926,746 | |
Moderna, Inc. (a)(b) | 1,393,494 | 90,423,826 | |
Molecular Templates, Inc. (b) | 113,821 | 1,321,462 | |
Moleculin Biotech, Inc. (a)(b) | 188,178 | 164,994 | |
Momenta Pharmaceuticals, Inc. (b) | 556,591 | 29,037,352 | |
Morphic Holding, Inc. (b) | 27,576 | 730,764 | |
Mustang Bio, Inc. (a)(b) | 144,129 | 471,302 | |
Myriad Genetics, Inc. (b) | 331,747 | 4,435,457 | |
NanoViricides, Inc. (b) | 27,517 | 109,242 | |
NantKwest, Inc. (a)(b) | 161,376 | 1,178,045 | |
Natera, Inc. (b) | 309,586 | 19,723,724 | |
Navidea Biopharmaceuticals, Inc. (b) | 48,231 | 143,246 | |
Neoleukin Therapeutics, Inc. (a)(b) | 142,442 | 1,810,438 | |
Neubase Therapeutics, Inc. (a)(b) | 24,031 | 192,969 | |
Neurobo Pharmaceuticals, Inc. (a)(b) | 3,300 | 20,064 | |
Neurobo Pharmaceuticals, Inc. rights (b)(c) | 33,731 | 0 | |
Neurocrine Biosciences, Inc. (b) | 438,808 | 51,086,027 | |
Neurotrope, Inc. (b) | 28,101 | 30,349 | |
NewLink Genetics Corp. (a)(b) | 13,119 | 200,065 | |
NextCure, Inc. (a)(b) | 45,256 | 406,851 | |
Novavax, Inc. (a)(b) | 273,544 | 30,182,845 | |
Ocugen, Inc. (a)(b) | 194,488 | 67,721 | |
OncoCyte Corp. (a)(b) | 130,915 | 163,644 | |
OncoGenex Pharmaceuticals, Inc. (a)(b) | 1,763 | 14,404 | |
OncoSec Medical, Inc. (b) | 22,317 | 78,779 | |
Oncternal Therapeutics, Inc. (b) | 6,762 | 14,403 | |
Oncternal Therapeutics, Inc. rights (b)(c) | 6,762 | 0 | |
OpGen, Inc. (a)(b) | 54,859 | 116,850 | |
Opko Health, Inc. (a)(b) | 1,977,470 | 6,407,003 | |
Oragenics, Inc. (a)(b) | 192,087 | 140,243 | |
Organogenesis Holdings, Inc. Class A (b) | 82,278 | 354,207 | |
Organovo Holdings, Inc. (b) | 24,438 | 222,875 | |
Orgenesis, Inc. (b) | 44,808 | 236,138 | |
ORIC Pharmaceuticals, Inc. (a)(b) | 37,880 | 948,894 | |
Outlook Therapeutics, Inc. (a)(b) | 34,757 | 22,940 | |
OvaScience, Inc. (a)(b) | 48,059 | 86,987 | |
Ovid Therapeutics, Inc. (a)(b) | 168,808 | 968,958 | |
Oyster Point Pharma, Inc. (b) | 42,840 | 975,038 | |
Palatin Technologies, Inc. (a)(b) | 1,049,809 | 580,229 | |
Passage Bio, Inc. (a) | 59,301 | 982,025 | |
PDL BioPharma, Inc. (b) | 562,926 | 1,885,802 | |
Pfenex, Inc. (b) | 155,714 | 1,951,096 | |
PhaseBio Pharmaceuticals, Inc. (a)(b) | 68,737 | 265,325 | |
Pieris Pharmaceuticals, Inc. (a)(b) | 241,212 | 689,866 | |
Plus Therapeutics, Inc. (a)(b) | 6,336 | 15,523 | |
Polarityte, Inc. (a)(b) | 96,620 | 116,910 | |
Precigen, Inc. (a)(b) | 357,665 | 2,163,873 | |
Precision BioSciences, Inc. (a)(b) | 41,265 | 232,735 | |
Prevail Therapeutics, Inc. (b) | 37,946 | 464,839 | |
Principia Biopharma, Inc. (b) | 89,547 | 8,955,595 | |
Protagonist Therapeutics, Inc. (b) | 132,005 | 2,956,912 | |
Protara Therapeutics, Inc. (b) | 595 | 12,733 | |
Proteostasis Therapeutics, Inc. (a)(b) | 198,769 | 268,338 | |
Prothena Corp. PLC (b) | 184,951 | 2,396,965 | |
PTC Therapeutics, Inc. (a)(b) | 296,779 | 14,668,302 | |
Puma Biotechnology, Inc. (a)(b) | 169,526 | 1,744,423 | |
Qualigen Therapeutics, Inc. (a)(b) | 116 | 558 | |
Qualigen Therapeutics, Inc. rights (b)(c) | 2,906 | 196 | |
Radius Health, Inc. (b) | 206,696 | 2,558,896 | |
RAPT Therapeutics, Inc. (b) | 29,990 | 797,734 | |
Recro Pharma, Inc. (b) | 82,926 | 228,047 | |
REGENXBIO, Inc. (b) | 154,707 | 4,721,658 | |
Regulus Therapeutics, Inc. (a)(b) | 30,166 | 15,988 | |
Repligen Corp. (b) | 221,962 | 34,384,133 | |
Replimune Group, Inc. (b) | 47,782 | 1,290,114 | |
Retrophin, Inc. (b) | 195,727 | 3,834,292 | |
Revolution Medicines, Inc. | 99,799 | 2,828,304 | |
Rexahn Pharmaceuticals, Inc. (b) | 22,895 | 52,201 | |
Rhythm Pharmaceuticals, Inc. (a)(b) | 143,395 | 4,231,586 | |
Rigel Pharmaceuticals, Inc. (b) | 838,915 | 2,088,898 | |
Rocket Pharmaceuticals, Inc. (a)(b) | 165,242 | 4,225,238 | |
Rubius Therapeutics, Inc. (a)(b) | 170,211 | 819,566 | |
RXi Pharmaceuticals Corp. (b) | 164 | 379 | |
Sage Therapeutics, Inc. (a)(b) | 241,918 | 12,686,180 | |
Salarius Pharmaceuticals, Inc. (a)(b) | 12,754 | 11,989 | |
Salarius Pharmaceuticals, Inc. rights (b)(c) | 42,326 | 5,206 | |
Sangamo Therapeutics, Inc. (a)(b) | 551,074 | 6,081,102 | |
Sarepta Therapeutics, Inc. (b) | 349,778 | 51,214,495 | |
Savara, Inc. (b) | 124,425 | 181,661 | |
Scholar Rock Holding Corp. (b) | 82,482 | 1,245,478 | |
Seattle Genetics, Inc. (b) | 546,237 | 86,491,167 | |
Selecta Biosciences, Inc. (a)(b) | 166,325 | 432,445 | |
Sellas Life Sciences Group, Inc. (a)(b) | 22,085 | 47,262 | |
Seneca Biopharma, Inc. (a)(b) | 3,323 | 2,292 | |
Seres Therapeutics, Inc. (a)(b) | 292,214 | 7,740,749 | |
Sesen Bio, Inc. (b) | 466,232 | 480,219 | |
Soleno Therapeutics, Inc. (b) | 83,233 | 178,119 | |
Solid Biosciences, Inc. (a)(b) | 69,813 | 166,853 | |
Soligenix, Inc. (a)(b) | 75,807 | 149,340 | |
Sonnet Biotherapeutics Holding (a)(b) | 347 | 909 | |
Sorrento Therapeutics, Inc. (a)(b) | 775,026 | 6,207,958 | |
Spectrum Pharmaceuticals, Inc. (b) | 560,811 | 2,361,014 | |
Spero Therapeutics, Inc. (a)(b) | 59,589 | 647,732 | |
Spring Bank Pharmaceuticals, Inc. (b) | 54,942 | 70,875 | |
Springworks Therapeutics, Inc. (a)(b) | 42,219 | 1,874,946 | |
Stoke Therapeutics, Inc. (a)(b) | 38,550 | 1,132,214 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 420,679 | 116,949 | |
Surface Oncology, Inc. (b) | 45,281 | 294,327 | |
Sutro Biopharma, Inc. (b) | 92,083 | 921,751 | |
Syndax Pharmaceuticals, Inc. (b) | 120,638 | 1,967,606 | |
Synlogic, Inc. (b) | 80,173 | 176,381 | |
Synthetic Biologics, Inc. (a)(b) | 14,928 | 9,532 | |
Syros Pharmaceuticals, Inc. (b) | 169,884 | 2,250,963 | |
T2 Biosystems, Inc. (a)(b) | 420,746 | 656,364 | |
TCR2 Therapeutics, Inc. (b) | 69,260 | 1,400,437 | |
Tenax Therapeutics, Inc. (b) | 1,474 | 2,108 | |
TG Therapeutics, Inc. (a)(b) | 461,179 | 11,439,545 | |
TONIX Pharmaceuticals Holding (b) | 204,568 | 181,084 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 2,418 | 4,570 | |
Translate Bio, Inc. (a)(b) | 284,196 | 4,004,322 | |
Trevena, Inc. (a)(b) | 404,670 | 716,266 | |
Turning Point Therapeutics, Inc. (b) | 92,052 | 7,196,625 | |
Twist Bioscience Corp. (a)(b) | 138,624 | 9,693,976 | |
Tyme, Inc. (a)(b) | 276,137 | 278,898 | |
Ultragenyx Pharmaceutical, Inc. (a)(b) | 265,580 | 22,590,235 | |
United Therapeutics Corp. (b) | 206,607 | 22,098,685 | |
UNITY Biotechnology, Inc. (a)(b) | 127,109 | 399,122 | |
Unum Therapeutics, Inc. (a)(b) | 43,783 | 125,219 | |
Unum Therapeutics, Inc. rights (b)(c) | 43,783 | 0 | |
Vanda Pharmaceuticals, Inc. (b) | 264,067 | 2,717,249 | |
Vaxart, Inc. (a)(b) | 295,494 | 1,752,279 | |
VBI Vaccines, Inc. (a)(b) | 1,103,929 | 4,702,738 | |
Veracyte, Inc. (a)(b) | 245,742 | 8,185,666 | |
Verastem, Inc. (a)(b) | 656,375 | 827,033 | |
Vericel Corp. (b) | 212,933 | 3,374,988 | |
Viela Bio, Inc. (a) | 56,610 | 1,907,191 | |
Viking Therapeutics, Inc. (a)(b) | 279,333 | 1,868,738 | |
VistaGen Therapeutics, Inc. (a)(b) | 182,080 | 127,456 | |
Voyager Therapeutics, Inc. (b) | 126,993 | 1,497,247 | |
vTv Therapeutics, Inc. Class A (a)(b) | 24,729 | 51,436 | |
X4 Pharmaceuticals, Inc. (b) | 83,212 | 697,317 | |
Xbiotech, Inc. (a)(b) | 80,252 | 1,518,368 | |
Xencor, Inc. (b) | 228,070 | 8,153,503 | |
Xenetic Biosciences, Inc. (a)(b) | 312 | 324 | |
XOMA Corp. (a)(b) | 35,734 | 679,661 | |
Y-mAbs Therapeutics, Inc. (b) | 79,871 | 3,436,849 | |
Yield10 Bioscience, Inc. (a)(b) | 1,319 | 6,701 | |
Zentalis Pharmaceuticals, Inc. (a) | 46,912 | 1,613,773 | |
ZIOPHARM Oncology, Inc. (a)(b) | 924,816 | 2,598,733 | |
1,654,298,124 | |||
Health Care Equipment & Supplies - 2.5% | |||
Accelerate Diagnostics, Inc. (a)(b) | 128,811 | 1,568,918 | |
Accuray, Inc. (b) | 447,286 | 1,042,176 | |
Aethlon Medical, Inc. (a)(b) | 5,590 | 7,938 | |
Akers Biosciences, Inc. (b) | 2,510 | 6,325 | |
Allied Healthcare Products, Inc. (a)(b) | 17,178 | 119,215 | |
Alphatec Holdings, Inc. (a)(b) | 204,305 | 1,223,787 | |
Angiodynamics, Inc. (b) | 190,356 | 1,782,684 | |
Antares Pharma, Inc. (a)(b) | 764,398 | 2,163,246 | |
Apollo Endosurgery, Inc. (a)(b) | 58,883 | 83,025 | |
Aspira Women's Health, Inc. (a)(b) | 250,842 | 718,662 | |
Atricure, Inc. (b) | 210,474 | 9,414,502 | |
Atrion Corp. | 6,597 | 4,167,457 | |
Avanos Medical, Inc. (a)(b) | 226,612 | 7,342,229 | |
Avinger, Inc. (a)(b) | 17,548 | 8,506 | |
AxoGen, Inc. (b) | 176,225 | 2,091,791 | |
Axonics Modulation Technologies, Inc. (a)(b) | 97,916 | 4,137,930 | |
Bellerophon Therapeutics, Inc. (b) | 18,963 | 204,611 | |
Beyond Air, Inc. (a)(b) | 55,263 | 306,710 | |
BioLase Technology, Inc. (a)(b) | 34,145 | 10,616 | |
BioLife Solutions, Inc. (a)(b) | 65,441 | 1,395,202 | |
Biomerica, Inc. (a)(b) | 42,350 | 307,461 | |
BioSig Technologies, Inc. (b) | 101,912 | 755,168 | |
Bovie Medical Corp. (b) | 148,176 | 680,128 | |
Cantel Medical Corp. (a) | 176,156 | 9,244,667 | |
Cardiovascular Systems, Inc. (b) | 167,260 | 5,464,384 | |
Cerus Corp. (b) | 789,447 | 5,028,777 | |
Chembio Diagnostics, Inc. (a)(b) | 72,631 | 297,787 | |
Chf Solutions, Inc. (a)(b) | 130,043 | 47,752 | |
Co.-Diagnostics, Inc. (a)(b) | 99,897 | 1,088,877 | |
ConforMis, Inc. (a)(b) | 355,877 | 252,673 | |
CONMED Corp. | 133,140 | 11,491,313 | |
Cryolife, Inc. (a)(b) | 173,653 | 3,511,264 | |
CryoPort, Inc. (a)(b) | 180,247 | 10,000,104 | |
Cutera, Inc. (b) | 71,387 | 1,168,605 | |
CytoSorbents Corp. (a)(b) | 146,223 | 1,234,122 | |
Dare Bioscience, Inc. (b) | 40,212 | 43,429 | |
DarioHealth Corp. (a)(b) | 13,040 | 212,813 | |
Dynatronics Corp. (a)(b) | 3,361 | 2,360 | |
Ekso Bionics Holdings, Inc. (a)(b) | 14,813 | 73,176 | |
electroCore, Inc. (a)(b) | 92,088 | 162,996 | |
Electromed, Inc. (a)(b) | 34,919 | 432,297 | |
ENDRA Life Sciences, Inc. (a)(b) | 24,073 | 19,740 | |
Envista Holdings Corp. (b) | 743,766 | 17,842,946 | |
Fonar Corp. (b) | 28,130 | 713,658 | |
Genmark Diagnostics, Inc. (b) | 300,377 | 3,895,890 | |
Glaukos Corp. (a)(b) | 187,360 | 8,961,429 | |
Globus Medical, Inc. (b) | 356,614 | 20,155,823 | |
Haemonetics Corp. (b) | 239,054 | 21,433,582 | |
Helius Medical Technologies, Inc. (U.S.) (a)(b) | 100,184 | 49,982 | |
Heska Corp. (a)(b) | 39,399 | 4,081,736 | |
Hill-Rom Holdings, Inc. | 314,229 | 29,471,538 | |
ICU Medical, Inc. (b) | 90,782 | 18,178,188 | |
Inogen, Inc. (b) | 83,726 | 2,531,037 | |
Insulet Corp. (b) | 308,973 | 67,433,357 | |
Integer Holdings Corp. (b) | 155,973 | 10,802,690 | |
Integra LifeSciences Holdings Corp. (b) | 331,459 | 15,840,426 | |
IntriCon Corp. (b) | 36,727 | 445,866 | |
Invacare Corp. (a) | 160,080 | 1,085,342 | |
InVivo Therapeutics Holdings Corp. (a)(b) | 160 | 214 | |
IRadimed Corp. (b) | 25,824 | 547,469 | |
iRhythm Technologies, Inc. (b) | 127,689 | 28,114,564 | |
Iridex Corp. (b) | 27,462 | 56,846 | |
Kewaunee Scientific Corp. | 10,875 | 101,138 | |
Lantheus Holdings, Inc. (b) | 308,559 | 4,140,862 | |
LeMaitre Vascular, Inc. (a) | 77,684 | 2,507,640 | |
LivaNova PLC (b) | 229,251 | 10,751,872 | |
Masimo Corp. (b) | 235,112 | 52,665,088 | |
Meridian Bioscience, Inc. (b) | 206,537 | 2,920,433 | |
Merit Medical Systems, Inc. (b) | 261,630 | 12,846,033 | |
Mesa Laboratories, Inc. (a) | 18,514 | 4,552,963 | |
Microbot Medical, Inc. (a)(b) | 32,053 | 215,396 | |
Milestone Scientific, Inc. (a)(b) | 123,561 | 185,342 | |
Misonix, Inc. (b) | 72,790 | 960,100 | |
Motus GI Holdings, Inc. (b) | 121,781 | 130,306 | |
Myomo, Inc. (b) | 1,220 | 4,624 | |
Natus Medical, Inc. (b) | 159,569 | 2,897,773 | |
Neogen Corp. (b) | 249,487 | 19,010,909 | |
NeuroMetrix, Inc. (b) | 80 | 138 | |
Neuronetics, Inc. (b) | 44,579 | 261,679 | |
Nevro Corp. (b) | 160,601 | 22,089,062 | |
NuVasive, Inc. (b) | 241,825 | 12,606,337 | |
Obalon Therapeutics, Inc. (b) | 5,779 | 4,974 | |
OraSure Technologies, Inc. (b) | 339,852 | 3,983,065 | |
Orthofix International NV (b) | 95,887 | 2,909,212 | |
OrthoPediatrics Corp. (a)(b) | 47,164 | 2,377,066 | |
PAVmed, Inc. (a)(b) | 105,678 | 208,186 | |
Penumbra, Inc. (b) | 156,167 | 32,662,328 | |
Predictive Oncology, Inc. (a)(b) | 2,723 | 2,941 | |
Pro-Dex, Inc. (b) | 600 | 17,316 | |
Pulse Biosciences, Inc. (a)(b) | 61,890 | 612,092 | |
Pulse Biosciences, Inc. warrants 5/14/25 (a)(b) | 1,818 | 9,314 | |
Quidel Corp. (b) | 180,496 | 31,760,076 | |
Repro Medical Systems, Inc. (b) | 88,592 | 769,864 | |
Retractable Technologies, Inc. (b) | 54,530 | 344,630 | |
Rockwell Medical Technologies, Inc. (a)(b) | 293,370 | 384,315 | |
RTI Biologics, Inc. (b) | 350,662 | 778,470 | |
Seaspine Holdings Corp. (b) | 105,719 | 1,407,120 | |
Second Sight Medical Products, Inc. (a)(b) | 13,659 | 11,229 | |
Senseonics Holdings, Inc. (a)(b) | 673,976 | 316,432 | |
Sensus Healthcare, Inc. (a)(b) | 44,385 | 117,620 | |
Shockwave Medical, Inc. (b) | 44,362 | 2,818,761 | |
SI-BONE, Inc. (b) | 94,884 | 2,070,369 | |
Sientra, Inc. (b) | 209,133 | 803,071 | |
Silk Road Medical, Inc. (b) | 63,906 | 3,896,988 | |
Sintx Technologies, Inc. (b) | 123 | 218 | |
SmileDirectClub, Inc. (a)(b) | 285,440 | 2,317,773 | |
Soliton, Inc. (a)(b) | 32,038 | 218,820 | |
Staar Surgical Co. (b) | 140,150 | 6,720,193 | |
Stereotaxis, Inc. (a)(b) | 153,027 | 538,655 | |
STRATA Skin Sciences, Inc. (a)(b) | 18,623 | 28,679 | |
SurModics, Inc. (b) | 65,592 | 2,968,038 | |
Tactile Systems Technology, Inc. (a)(b) | 93,502 | 3,593,282 | |
Tandem Diabetes Care, Inc. (b) | 270,017 | 30,436,316 | |
Tela Bio, Inc. (b) | 23,429 | 333,863 | |
Thermogenesis Holdings, Inc. (a)(b) | 19,470 | 77,296 | |
TransEnterix, Inc. (a)(b) | 70,378 | 28,341 | |
TransMedics Group, Inc. (b) | 29,529 | 526,502 | |
Utah Medical Products, Inc. | 17,323 | 1,423,084 | |
Vapotherm, Inc. (b) | 88,506 | 2,753,422 | |
Varex Imaging Corp. (b) | 190,767 | 2,115,606 | |
Venus Concept, Inc. (a)(b) | 49,087 | 140,880 | |
ViewRay, Inc. (b) | 509,639 | 1,386,218 | |
Viveve Medical, Inc. (a)(b) | 1,298 | 795 | |
VolitionRx Ltd. (a)(b) | 129,302 | 438,334 | |
Wright Medical Group NV (a)(b) | 611,879 | 18,497,102 | |
Zosano Pharma Corp. (a)(b) | 200,497 | 326,810 | |
Zynex, Inc. (a)(b) | 71,572 | 1,059,266 | |
654,000,633 | |||
Health Care Providers & Services - 1.7% | |||
1Life Healthcare, Inc. (a)(b) | 134,249 | 3,916,043 | |
Acadia Healthcare Co., Inc. (b) | 419,493 | 12,966,529 | |
Addus HomeCare Corp. (b) | 63,084 | 5,908,447 | |
Amedisys, Inc. (b) | 152,975 | 37,004,653 | |
American Renal Associates Holdings, Inc. (b) | 75,260 | 507,252 | |
American Shared Hospital Services (b) | 113 | 237 | |
AMN Healthcare Services, Inc. (b) | 222,471 | 11,977,839 | |
Apollo Medical Holdings, Inc. (b) | 122,287 | 2,310,001 | |
Avalon GloboCare Corp. (b) | 20,092 | 28,531 | |
BioScrip, Inc. (b) | 158,720 | 1,844,326 | |
BioTelemetry, Inc. (a)(b) | 158,001 | 6,253,680 | |
Brookdale Senior Living, Inc. (b) | 877,284 | 2,412,531 | |
Caladrius Biosciences, Inc. (a)(b) | 36,321 | 70,463 | |
Capital Senior Living Corp. (a)(b) | 152,578 | 106,820 | |
Chemed Corp. | 74,879 | 38,720,680 | |
Community Health Systems, Inc. (a)(b) | 571,828 | 2,956,351 | |
Corvel Corp. (b) | 41,339 | 3,431,964 | |
Covetrus, Inc. (a)(b) | 462,653 | 10,599,380 | |
Cross Country Healthcare, Inc. (b) | 178,368 | 1,139,772 | |
CynergisTek, Inc. (a)(b) | 1,100 | 1,452 | |
DFB Healthcare Acquisitions Co. (b) | 18,938 | 402,054 | |
Digirad Corp. (a)(b) | 5,124 | 12,810 | |
Encompass Health Corp. | 467,214 | 30,481,041 | |
Enzo Biochem, Inc. (a)(b) | 197,450 | 420,569 | |
Exagen, Inc. (b) | 26,300 | 379,246 | |
Five Star Senior Living, Inc. (b) | 98,753 | 510,553 | |
Fulgent Genetics, Inc. (a)(b) | 50,151 | 1,482,464 | |
Genesis HealthCare, Inc. Class A (b) | 198,253 | 131,600 | |
Guardant Health, Inc. (b) | 245,520 | 23,447,160 | |
Hanger, Inc. (b) | 181,200 | 3,580,512 | |
HealthEquity, Inc. (b) | 359,214 | 20,647,621 | |
InfuSystems Holdings, Inc. (b) | 54,991 | 800,119 | |
Interpace Diagnostics Group, Inc. (a)(b) | 17,441 | 61,044 | |
LHC Group, Inc. (b) | 140,141 | 29,210,990 | |
Magellan Health Services, Inc. (b) | 102,175 | 7,710,126 | |
MEDNAX, Inc. (b) | 404,146 | 7,509,033 | |
Molina Healthcare, Inc. (b) | 278,961 | 51,599,416 | |
National Healthcare Corp. | 54,349 | 3,462,031 | |
National Research Corp. Class A | 57,442 | 3,216,752 | |
Ontrak, Inc. (a)(b) | 25,390 | 1,852,201 | |
Owens & Minor, Inc. | 297,798 | 4,937,491 | |
Patterson Companies, Inc. (a) | 407,126 | 11,810,725 | |
Pennant Group, Inc. (b) | 124,134 | 4,597,923 | |
PetIQ, Inc. Class A (a)(b) | 93,463 | 3,288,028 | |
Precipio, Inc. (a)(b) | 15,762 | 34,361 | |
Premier, Inc. (a) | 314,411 | 10,296,960 | |
Progyny, Inc. (a)(b) | 49,243 | 1,405,888 | |
Providence Service Corp. (b) | 53,858 | 4,986,712 | |
Psychemedics Corp. | 24,117 | 109,250 | |
R1 RCM, Inc. (b) | 483,039 | 7,004,066 | |
RadNet, Inc. (b) | 197,230 | 2,844,057 | |
Regional Health Properties, Inc. (b) | 3,317 | 4,710 | |
Select Medical Holdings Corp. (a)(b) | 510,995 | 10,255,670 | |
Sharps Compliance Corp. (a)(b) | 51,289 | 391,592 | |
SunLink Health Systems, Inc. (b) | 10,027 | 10,228 | |
Surgery Partners, Inc. (a)(b) | 98,965 | 1,889,242 | |
Tenet Healthcare Corp. (b) | 496,017 | 13,977,759 | |
The Ensign Group, Inc. | 238,095 | 13,938,081 | |
The Joint Corp. (a)(b) | 57,071 | 1,019,288 | |
Tivity Health, Inc. (b) | 198,068 | 3,240,392 | |
Triple-S Management Corp. (a) | 112,760 | 2,097,336 | |
U.S. Physical Therapy, Inc. | 59,107 | 5,254,612 | |
432,468,664 | |||
Health Care Technology - 1.4% | |||
Allscripts Healthcare Solutions, Inc. (b) | 762,179 | 6,806,258 | |
Castlight Health, Inc. Class B (b) | 369,928 | 510,501 | |
Change Healthcare, Inc. (b) | 1,036,201 | 14,662,244 | |
Computer Programs & Systems, Inc. | 61,140 | 1,672,790 | |
Evolent Health, Inc. (a)(b) | 368,891 | 5,286,208 | |
Health Catalyst, Inc. (a)(b) | 38,814 | 1,210,221 | |
HealthStream, Inc. (b) | 122,331 | 2,534,087 | |
HMS Holdings Corp. (b) | 420,684 | 11,732,877 | |
HTG Molecular Diagnostics (a)(b) | 259,764 | 96,113 | |
iCAD, Inc. (a)(b) | 102,580 | 1,110,941 | |
Inovalon Holdings, Inc. Class A (a)(b) | 358,764 | 8,877,615 | |
Inspire Medical Systems, Inc. (a)(b) | 76,828 | 9,177,105 | |
Livongo Health, Inc. (a)(b) | 65,344 | 8,971,731 | |
Medical Transcription Billing Corp. (b) | 30,125 | 288,296 | |
NantHealth, Inc. (a)(b) | 115,694 | 367,907 | |
Nextgen Healthcare, Inc. (b) | 226,020 | 2,997,025 | |
Omnicell, Inc. (b) | 201,793 | 13,455,557 | |
OptimizeRx Corp. (a)(b) | 59,831 | 1,206,193 | |
Phreesia, Inc. (b) | 77,913 | 2,457,376 | |
Schrodinger, Inc. | 88,267 | 5,336,623 | |
SCWorx, Corp. (a)(b) | 37,411 | 65,843 | |
Simulations Plus, Inc. | 58,147 | 3,464,398 | |
Streamline Health Solutions, Inc. (b) | 73,168 | 111,947 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 97,231 | 4,919,889 | |
Teladoc Health, Inc. (a)(b) | 351,406 | 75,794,760 | |
Veeva Systems, Inc. Class A (b) | 635,454 | 179,369,601 | |
Vocera Communications, Inc. (b) | 155,689 | 4,357,735 | |
366,841,841 | |||
Life Sciences Tools & Services - 1.2% | |||
10X Genomics, Inc. (a)(b) | 54,734 | 6,273,611 | |
Adaptive Biotechnologies Corp. (b) | 107,358 | 4,467,166 | |
Avantor, Inc. (b) | 2,097,001 | 47,329,313 | |
Bio-Techne Corp. | 180,361 | 46,075,021 | |
Bioanalytical Systems, Inc. (b) | 4,600 | 22,448 | |
BioNano Genomics, Inc. (a)(b) | 109,926 | 66,901 | |
Bruker Corp. | 475,574 | 19,983,619 | |
Champions Oncology, Inc. (b) | 19,987 | 165,492 | |
Charles River Laboratories International, Inc. (b) | 233,494 | 51,123,511 | |
ChromaDex, Inc. (a)(b) | 212,135 | 1,050,068 | |
Codexis, Inc. (b) | 241,468 | 3,332,258 | |
Fluidigm Corp. (a)(b) | 334,703 | 2,627,419 | |
Harvard Bioscience, Inc. (b) | 177,133 | 593,396 | |
Luminex Corp. | 200,229 | 5,344,112 | |
Medpace Holdings, Inc. (b) | 127,420 | 16,537,842 | |
Nanostring Technologies, Inc. (b) | 165,960 | 6,718,061 | |
NeoGenomics, Inc. (b) | 518,425 | 20,192,654 | |
Pacific Biosciences of California, Inc. (b) | 675,402 | 4,457,653 | |
Personalis, Inc. (a)(b) | 39,787 | 907,939 | |
PPD, Inc. | 296,568 | 10,184,145 | |
PRA Health Sciences, Inc. (b) | 299,335 | 32,001,905 | |
Quanterix Corp. (b) | 65,596 | 2,335,218 | |
Syneos Health, Inc. (b) | 295,908 | 18,671,795 | |
300,461,547 | |||
Pharmaceuticals - 1.7% | |||
AcelRx Pharmaceuticals, Inc. (b) | 410,734 | 513,418 | |
Acer Therapeutics, Inc. (a)(b) | 21,687 | 57,471 | |
Aclaris Therapeutics, Inc. (b) | 190,552 | 468,758 | |
Adamis Pharmaceuticals Corp. (a)(b) | 305,602 | 201,697 | |
Adial Pharmaceuticals, Inc. (a)(b) | 46,293 | 63,884 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 205,703 | 2,262,733 | |
Aerpio Pharmaceuticals, Inc. (b) | 80,581 | 109,993 | |
Agile Therapeutics, Inc. (a)(b) | 375,728 | 1,202,330 | |
Akcea Therapeutics, Inc. (a)(b) | 91,315 | 1,669,238 | |
Alimera Sciences, Inc. (a)(b) | 6,701 | 39,603 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 163,122 | 1,689,944 | |
Amneal Pharmaceuticals, Inc. (b) | 543,914 | 2,235,487 | |
Amphastar Pharmaceuticals, Inc. (b) | 171,053 | 3,486,060 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 579,553 | 414,960 | |
ANI Pharmaceuticals, Inc. (b) | 46,272 | 1,451,090 | |
ANI Pharmaceuticals, Inc. rights (b)(c) | 58,183 | 1 | |
Aquestive Therapeutics, Inc. (b) | 83,465 | 656,035 | |
Arvinas Holding Co. LLC (b) | 74,724 | 1,939,088 | |
Assertio Holdings, Inc. (a)(b) | 322,688 | 261,377 | |
AstraZeneca PLC rights (b)(c) | 21,542 | 0 | |
Avenue Therapeutics, Inc. (b) | 52,950 | 589,334 | |
Axsome Therapeutics, Inc. (b) | 128,433 | 9,415,423 | |
Aytu BioScience, Inc. (a)(b) | 111,964 | 118,682 | |
Baudax Bio, Inc. (a)(b) | 33,170 | 92,876 | |
Biodelivery Sciences International, Inc. (b) | 396,726 | 1,551,199 | |
BioPharmX Corp. (a)(b) | 1,985 | 2,442 | |
Cara Therapeutics, Inc. (a)(b) | 212,885 | 3,299,718 | |
Cassava Sciences, Inc. (a)(b) | 58,321 | 183,128 | |
Catalent, Inc. (b) | 768,029 | 71,042,683 | |
Cerecor, Inc. (b) | 90,090 | 221,621 | |
Chiasma, Inc. (b) | 166,378 | 913,415 | |
Citius Pharmaceuticals, Inc. (a)(b) | 51,005 | 47,435 | |
Clearside Biomedical, Inc. (a)(b) | 197,183 | 339,155 | |
Cocrystal Pharma, Inc. (b) | 152,806 | 161,974 | |
Collegium Pharmaceutical, Inc. (b) | 148,930 | 2,838,606 | |
ContraVir Pharmaceuticals, Inc. (a)(b) | 620 | 2,052 | |
Corcept Therapeutics, Inc. (a)(b) | 492,083 | 6,249,454 | |
CorMedix, Inc. (a)(b) | 126,786 | 592,091 | |
Cumberland Pharmaceuticals, Inc. (b) | 33,008 | 106,286 | |
CymaBay Therapeutics, Inc. (b) | 301,165 | 1,948,538 | |
Durect Corp. (a)(b) | 960,021 | 1,665,636 | |
Elanco Animal Health, Inc. (b) | 1,875,977 | 54,515,892 | |
Elanco Animal Health, Inc. rights (b)(c) | 223,265 | 2 | |
Eloxx Pharmaceuticals, Inc. (b) | 118,827 | 366,581 | |
Endo International PLC (b) | 988,754 | 2,976,150 | |
Evofem Biosciences, Inc. (a)(b) | 97,028 | 322,133 | |
Evoke Pharma, Inc. (a)(b) | 107,887 | 482,255 | |
Evolus, Inc. (a)(b) | 102,958 | 397,418 | |
EyeGate Pharmaceuticals, Inc. (b) | 12,656 | 51,383 | |
Eyenovia, Inc. (b) | 36,875 | 129,431 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 276,934 | 148,187 | |
Fulcrum Therapeutics, Inc. (a)(b) | 25,639 | 186,396 | |
Harrow Health, Inc. (b) | 104,639 | 720,963 | |
Horizon Therapeutics PLC (b) | 956,802 | 71,874,966 | |
Hoth Therapeutics, Inc. (a)(b) | 10,957 | 29,036 | |
IMARA, Inc. | 23,274 | 540,888 | |
Innovate Biopharmaceuticals, Inc. (a)(b) | 53,980 | 35,195 | |
Innoviva, Inc. (a)(b) | 315,535 | 3,694,915 | |
Intersect ENT, Inc. (b) | 155,748 | 3,127,420 | |
Intra-Cellular Therapies, Inc. (b) | 267,516 | 4,874,142 | |
Jaguar Health, Inc. (a)(b) | 419 | 168 | |
Jazz Pharmaceuticals PLC (b) | 261,371 | 35,125,649 | |
Kala Pharmaceuticals, Inc. (a)(b) | 207,511 | 1,846,848 | |
Kaleido Biosciences, Inc. (a)(b) | 22,431 | 141,091 | |
Lannett Co., Inc. (a)(b) | 164,445 | 864,981 | |
Lipocine, Inc. (a)(b) | 145,253 | 214,974 | |
Liquidia Technologies, Inc. (b) | 49,612 | 254,013 | |
Mallinckrodt PLC (a)(b) | 429,788 | 679,065 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 378,560 | 734,406 | |
Menlo Therapeutics, Inc. (a)(b) | 657,270 | 1,005,623 | |
MyoKardia, Inc. (b) | 248,967 | 27,246,948 | |
Nektar Therapeutics (a)(b) | 826,012 | 15,975,072 | |
Neos Therapeutics, Inc. (a)(b) | 188,234 | 129,034 | |
NGM Biopharmaceuticals, Inc. (a)(b) | 34,436 | 642,231 | |
NovaBay Pharmaceuticals, Inc. (a)(b) | 65,659 | 59,507 | |
Novan, Inc. (a)(b) | 223,598 | 102,072 | |
Novus Therapeutics, Inc. (a)(b) | 3,160 | 1,329 | |
Ocular Therapeutix, Inc. (a)(b) | 279,104 | 2,428,205 | |
Odonate Therapeutics, Inc. (b) | 58,848 | 950,395 | |
Omeros Corp. (a)(b) | 249,213 | 2,978,095 | |
Onconova Therapeutics, Inc. (b) | 377,269 | 90,809 | |
Opiant Pharmaceuticals, Inc. (b) | 6,002 | 52,157 | |
OptiNose, Inc. (a)(b) | 130,219 | 592,496 | |
Osmotica Pharmaceuticals PLC (a)(b) | 70,229 | 417,160 | |
Otonomy, Inc. (b) | 109,470 | 418,175 | |
Pacira Biosciences, Inc. (a)(b) | 198,530 | 12,412,096 | |
Paratek Pharmaceuticals, Inc. (a)(b) | 185,584 | 853,686 | |
Phathom Pharmaceuticals, Inc. (a)(b) | 63,846 | 2,346,979 | |
Phibro Animal Health Corp. Class A | 95,314 | 2,045,438 | |
Plx Pharma PLC/New (a)(b) | 5,046 | 19,982 | |
Prestige Brands Holdings, Inc. (a)(b) | 239,057 | 8,708,847 | |
Provention Bio, Inc. (b) | 168,919 | 2,202,704 | |
Pulmatrix, Inc. (b) | 97,666 | 104,503 | |
Reata Pharmaceuticals, Inc. (a)(b) | 124,355 | 13,051,057 | |
Relmada Therapeutics, Inc. (a)(b) | 64,393 | 2,297,542 | |
resTORbio, Inc. (a)(b) | 78,453 | 178,873 | |
Revance Therapeutics, Inc. (b) | 229,024 | 6,694,372 | |
Royalty Pharma PLC | 361,000 | 14,938,180 | |
Satsuma Pharmaceuticals, Inc. (b) | 27,266 | 627,936 | |
scPharmaceuticals, Inc. (b) | 23,358 | 199,944 | |
SCYNEXIS, Inc. (a)(b) | 43,473 | 245,622 | |
Seelos Therapeutics, Inc. (b) | 88,253 | 80,328 | |
Seelos Therapeutics, Inc. rights (a)(b)(c) | 3,233 | 0 | |
SenesTech, Inc. (a)(b) | 4,546 | 6,501 | |
SIGA Technologies, Inc. (b) | 261,143 | 1,814,944 | |
Sonoma Pharmaceuticals, Inc. (b) | 1,437 | 10,591 | |
Strongbridge Biopharma PLC (b) | 173,820 | 667,469 | |
Supernus Pharmaceuticals, Inc. (a)(b) | 247,070 | 5,433,069 | |
Teligent, Inc. (a)(b) | 18,518 | 22,222 | |
TherapeuticsMD, Inc. (a)(b) | 1,124,442 | 1,641,685 | |
Theravance Biopharma, Inc. (a)(b) | 233,312 | 4,276,609 | |
Titan Pharmaceuticals, Inc. (a)(b) | 406,523 | 93,826 | |
Trevi Therapeutics, Inc. (a)(b) | 34,789 | 140,200 | |
Tricida, Inc. (a)(b) | 129,156 | 1,365,179 | |
Urovant Sciences Ltd. (a)(b) | 47,382 | 424,543 | |
Verrica Pharmaceuticals, Inc. (a)(b) | 56,612 | 520,264 | |
WAVE Life Sciences (a)(b) | 85,907 | 1,076,415 | |
Xeris Pharmaceuticals, Inc. (a)(b) | 177,478 | 835,034 | |
Zogenix, Inc. (b) | 250,986 | 5,940,839 | |
Zomedica Pharmaceuticals Corp. (b) | 663,081 | 72,077 | |
Zynerba Pharmaceuticals, Inc. (a)(b) | 95,492 | 360,960 | |
449,239,287 | |||
TOTAL HEALTH CARE | 3,857,310,096 | ||
INDUSTRIALS - 11.8% | |||
Aerospace & Defense - 1.0% | |||
AAR Corp. | 156,953 | 3,167,312 | |
Aerojet Rocketdyne Holdings, Inc. (b) | 341,758 | 14,138,528 | |
AeroVironment, Inc. (b) | 100,945 | 7,711,189 | |
Air Industries Group, Inc. (b) | 7,873 | 8,660 | |
Astronics Corp. (b) | 113,107 | 1,022,487 | |
Astrotech Corp. (a)(b) | 25,674 | 56,226 | |
Axon Enterprise, Inc. (b) | 297,285 | 25,471,379 | |
BWX Technologies, Inc. | 445,060 | 24,749,787 | |
CPI Aerostructures, Inc. (b) | 51,114 | 142,097 | |
Cubic Corp. (a) | 148,867 | 7,008,658 | |
Curtiss-Wright Corp. | 196,807 | 20,137,292 | |
Ducommun, Inc. (b) | 51,387 | 1,920,332 | |
HEICO Corp. | 230,453 | 25,331,394 | |
HEICO Corp. Class A | 292,789 | 26,169,481 | |
Hexcel Corp. | 394,945 | 15,556,884 | |
Innovative Solutions & Support, Inc. (b) | 36,030 | 256,173 | |
Kaman Corp. | 127,323 | 5,888,689 | |
Kratos Defense & Security Solutions, Inc. (b) | 496,725 | 9,710,974 | |
Maxar Technologies, Inc. | 284,494 | 6,586,036 | |
Mercury Systems, Inc. (b) | 263,801 | 19,980,288 | |
Moog, Inc. Class A | 138,588 | 8,355,471 | |
National Presto Industries, Inc. | 24,560 | 2,208,681 | |
PAE, Inc. (b) | 218,890 | 1,933,893 | |
Park Aerospace Corp. | 94,387 | 1,046,752 | |
Parsons Corp. (a)(b) | 91,742 | 3,051,339 | |
SIFCO Industries, Inc. (b) | 8,781 | 35,036 | |
Sigma Labs, Inc. (a)(b) | 2,496 | 6,090 | |
Spirit AeroSystems Holdings, Inc. Class A | 498,650 | 10,252,244 | |
Triumph Group, Inc. | 243,860 | 1,763,108 | |
Vectrus, Inc. (b) | 58,263 | 2,529,197 | |
Virgin Galactic Holdings, Inc. (a)(b) | 520,140 | 9,310,506 | |
VirTra, Inc. (b) | 3,050 | 10,431 | |
255,516,614 | |||
Air Freight & Logistics - 0.3% | |||
Air T Funding warrants 9/8/20 (b) | 4,541 | 205 | |
Air T, Inc. (b) | 1,838 | 21,211 | |
Air Transport Services Group, Inc. (b) | 286,977 | 7,294,955 | |
Atlas Air Worldwide Holdings, Inc. (b) | 123,905 | 6,987,003 | |
Echo Global Logistics, Inc. (b) | 127,042 | 3,470,787 | |
Forward Air Corp. | 133,507 | 7,875,578 | |
Hub Group, Inc. Class A (b) | 158,464 | 8,531,702 | |
Radiant Logistics, Inc. (b) | 181,151 | 956,477 | |
XPO Logistics, Inc. (b) | 429,172 | 37,883,012 | |
73,020,930 | |||
Airlines - 0.2% | |||
Allegiant Travel Co. (a) | 63,093 | 8,113,760 | |
Hawaiian Holdings, Inc. (a) | 212,980 | 2,862,451 | |
JetBlue Airways Corp. (a)(b) | 1,254,534 | 14,452,232 | |
Mesa Air Group, Inc. (b) | 121,536 | 444,822 | |
SkyWest, Inc. | 233,968 | 7,873,023 | |
Spirit Airlines, Inc. (a)(b) | 418,825 | 7,488,591 | |
41,234,879 | |||
Building Products - 1.1% | |||
AAON, Inc. | 190,807 | 10,862,643 | |
Advanced Drain Systems, Inc. | 244,909 | 13,587,551 | |
Alpha PRO Tech Ltd. (a)(b) | 31,630 | 443,769 | |
American Woodmark Corp. (b) | 72,851 | 6,374,463 | |
Apogee Enterprises, Inc. | 130,241 | 2,725,944 | |
Armstrong Flooring, Inc. (b) | 97,161 | 376,013 | |
Armstrong World Industries, Inc. | 222,999 | 16,443,946 | |
Builders FirstSource, Inc. (b) | 553,384 | 16,944,618 | |
CSW Industrials, Inc. | 73,698 | 5,324,681 | |
Gibraltar Industries, Inc. (b) | 152,506 | 9,523,237 | |
Griffon Corp. | 242,335 | 5,265,940 | |
Insteel Industries, Inc. | 92,737 | 1,710,070 | |
Jeld-Wen Holding, Inc. (b) | 311,238 | 6,551,560 | |
Lennox International, Inc. | 163,523 | 45,840,403 | |
Masonite International Corp. (b) | 115,384 | 10,533,405 | |
NCI Building Systems, Inc. (b) | 227,951 | 1,814,490 | |
Owens Corning | 508,834 | 34,417,532 | |
Patrick Industries, Inc. | 104,739 | 5,887,379 | |
PGT, Inc. (b) | 286,775 | 5,199,231 | |
Quanex Building Products Corp. | 167,170 | 2,810,128 | |
Resideo Technologies, Inc. (a)(b) | 577,701 | 7,718,085 | |
Simpson Manufacturing Co. Ltd. | 187,910 | 18,479,069 | |
Trex Co., Inc. (b) | 272,664 | 40,760,541 | |
Ufp Industries, Inc. | 286,533 | 17,005,734 | |
286,600,432 | |||
Commercial Services & Supplies - 1.2% | |||
ABM Industries, Inc. | 313,996 | 11,975,807 | |
ACCO Brands Corp. (a) | 457,630 | 2,965,442 | |
Acme United Corp. | 11,083 | 244,269 | |
ADS Waste Holdings, Inc. (b) | 343,834 | 10,359,718 | |
ADT, Inc. (a) | 503,025 | 5,357,216 | |
Amrep Corp. (a)(b) | 2,694 | 12,231 | |
Appliance Recycling Centers of America, Inc. (a)(b) | 582 | 4,062 | |
Aqua Metals, Inc. (a)(b) | 227,653 | 225,581 | |
ARC Document Solutions, Inc. | 173,429 | 183,835 | |
Avalon Holdings Corp. Class A (b) | 10,366 | 16,275 | |
Brady Corp. Class A | 218,926 | 10,265,440 | |
BrightView Holdings, Inc. (a)(b) | 153,043 | 1,879,368 | |
Casella Waste Systems, Inc. Class A (b) | 210,066 | 11,795,206 | |
CECO Environmental Corp. (b) | 165,218 | 1,400,223 | |
Charah Solutions, Inc. (a)(b) | 15,645 | 40,833 | |
Cimpress PLC (a)(b) | 113,605 | 10,531,184 | |
Clean Harbors, Inc. (b) | 239,545 | 14,636,200 | |
CompX International, Inc. Class A | 715 | 9,796 | |
Covanta Holding Corp. (a) | 545,984 | 5,154,089 | |
Deluxe Corp. (a) | 195,664 | 5,556,858 | |
Document Security Systems, Inc. (a)(b) | 10,553 | 67,434 | |
Ennis, Inc. | 134,871 | 2,472,185 | |
Fuel Tech, Inc. (a)(b) | 101,005 | 80,158 | |
Harsco Corp. (b) | 374,767 | 5,302,953 | |
Healthcare Services Group, Inc. (a) | 349,377 | 7,267,042 | |
Heritage-Crystal Clean, Inc. (b) | 64,453 | 946,170 | |
Herman Miller, Inc. | 280,438 | 6,682,838 | |
HNI Corp. | 192,416 | 6,128,450 | |
Hudson Technologies, Inc. (a)(b) | 164,908 | 189,644 | |
IAA Spinco, Inc. (b) | 628,329 | 32,874,173 | |
Industrial Services of America, Inc. (b)(c) | 12,605 | 441 | |
Interface, Inc. | 286,423 | 2,165,358 | |
KAR Auction Services, Inc. | 598,671 | 10,380,955 | |
Kimball International, Inc. Class B | 188,600 | 2,114,206 | |
Knoll, Inc. | 249,538 | 3,211,554 | |
Matthews International Corp. Class A | 156,133 | 3,419,313 | |
McGrath RentCorp. | 114,788 | 7,617,332 | |
MSA Safety, Inc. | 169,036 | 21,290,084 | |
NL Industries, Inc. | 19,002 | 66,507 | |
Odyssey Marine Exploration, Inc. (a)(b) | 34,805 | 197,344 | |
Performant Financial Corp. (b) | 99,740 | 60,851 | |
Perma-Fix Environmental Services, Inc. (b) | 23,883 | 170,763 | |
PICO Holdings, Inc. (b) | 104,771 | 931,414 | |
Pitney Bowes, Inc. | 792,258 | 4,349,496 | |
Quad/Graphics, Inc. | 162,420 | 566,846 | |
Quest Resource Holding Corp. (b) | 35,687 | 69,233 | |
R.R. Donnelley & Sons Co. | 348,925 | 460,581 | |
SP Plus Corp. (b) | 115,148 | 2,361,685 | |
Steelcase, Inc. Class A | 416,942 | 4,357,044 | |
Stericycle, Inc. (b) | 431,768 | 27,680,646 | |
Team, Inc. (a)(b) | 153,146 | 975,540 | |
Tetra Tech, Inc. | 255,855 | 23,617,975 | |
The Brink's Co. | 238,520 | 11,534,827 | |
U.S. Ecology, Inc. | 120,372 | 4,469,412 | |
UniFirst Corp. | 70,623 | 13,603,402 | |
Viad Corp. | 101,001 | 2,164,451 | |
Virco Manufacturing Co. (b) | 17,193 | 37,825 | |
VSE Corp. | 41,614 | 1,208,054 | |
303,707,819 | |||
Construction & Engineering - 0.6% | |||
AECOM (b) | 756,044 | 29,871,298 | |
Aegion Corp. (b) | 152,287 | 2,464,765 | |
Ameresco, Inc. Class A (a)(b) | 94,845 | 3,238,008 | |
API Group Corp. (b)(d) | 504,877 | 7,138,961 | |
Arcosa, Inc. | 224,935 | 10,412,241 | |
Argan, Inc. | 64,607 | 2,734,814 | |
Comfort Systems U.S.A., Inc. | 167,275 | 8,475,824 | |
Concrete Pumping Holdings, Inc. (b) | 141,151 | 512,378 | |
Construction Partners, Inc. Class A (a)(b) | 160,720 | 3,003,857 | |
Dycom Industries, Inc. (a)(b) | 147,422 | 9,067,927 | |
EMCOR Group, Inc. | 258,505 | 19,390,460 | |
Fluor Corp. | 665,711 | 6,337,569 | |
FTE Networks, Inc. (a)(b)(c) | 20,228 | 29,937 | |
Goldfield Corp. (b) | 99,734 | 435,838 | |
Granite Construction, Inc. | 210,682 | 3,916,578 | |
Great Lakes Dredge & Dock Corp. (b) | 317,596 | 2,975,875 | |
HC2 Holdings, Inc. (a)(b) | 238,637 | 596,593 | |
IES Holdings, Inc. (b) | 37,757 | 1,088,534 | |
Infrastructure and Energy Alternatives, Inc. (a)(b) | 45,210 | 240,517 | |
Limbach Holdings, Inc. (b) | 16,009 | 86,769 | |
MasTec, Inc. (a)(b) | 276,673 | 12,785,059 | |
MYR Group, Inc. (b) | 81,182 | 3,150,673 | |
Northwest Pipe Co. (b) | 53,599 | 1,518,460 | |
NV5 Holdings, Inc. (a)(b) | 48,422 | 2,506,807 | |
Orion Group Holdings, Inc. (b) | 157,272 | 410,480 | |
Primoris Services Corp. | 187,700 | 3,577,562 | |
Sterling Construction Co., Inc. (b) | 136,418 | 1,928,951 | |
The Peck Co. Holdings, Inc. (a)(b) | 8,305 | 28,486 | |
Tutor Perini Corp. (b) | 186,521 | 2,340,839 | |
Valmont Industries, Inc. | 99,056 | 12,585,065 | |
Willscot Mobile Mini Holdings (b) | 774,000 | 13,854,600 | |
166,705,725 | |||
Electrical Equipment - 1.1% | |||
Acuity Brands, Inc. | 187,892 | 20,534,717 | |
Allied Motion Technologies, Inc. | 38,595 | 1,643,761 | |
American Superconductor Corp. (a)(b) | 87,329 | 1,096,852 | |
Atkore International Group, Inc. (b) | 223,895 | 5,984,713 | |
AZZ, Inc. | 127,850 | 4,440,231 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 147,551 | 355,598 | |
Bloom Energy Corp. Class A (a)(b) | 111,244 | 1,742,081 | |
Broadwind, Inc. (b) | 60,375 | 219,161 | |
Capstone Turbine Corp. (a)(b) | 38,894 | 160,243 | |
DPW Holdings, Inc. (a)(b) | 17,815 | 32,601 | |
Encore Wire Corp. | 99,651 | 5,142,988 | |
Energous Corp. (a)(b) | 117,754 | 428,625 | |
Energy Focus, Inc. (a)(b) | 6,169 | 55,274 | |
EnerSys (a) | 201,640 | 14,514,047 | |
Espey Manufacturing & Electronics Corp. | 5,259 | 91,296 | |
FuelCell Energy, Inc. (a)(b) | 997,162 | 2,831,940 | |
Generac Holdings, Inc. (b) | 295,532 | 56,145,169 | |
GrafTech International Ltd. (a) | 270,381 | 1,800,737 | |
Hubbell, Inc. Class B | 254,100 | 36,824,172 | |
Ideal Power, Inc. (b) | 1,768 | 10,484 | |
LSI Industries, Inc. | 128,461 | 881,242 | |
nVent Electric PLC | 726,228 | 13,885,479 | |
Ocean Power Technologies, Inc. (a)(b) | 3,545 | 4,254 | |
Orion Energy Systems, Inc. (b) | 115,336 | 735,844 | |
Plug Power, Inc. (a)(b) | 1,555,779 | 20,194,011 | |
Polar Power, Inc. (a)(b) | 7,179 | 11,917 | |
Powell Industries, Inc. | 46,082 | 1,243,753 | |
Preformed Line Products Co. | 12,621 | 686,709 | |
Regal Beloit Corp. | 189,876 | 18,771,141 | |
Sensata Technologies, Inc. PLC (b) | 736,027 | 30,648,164 | |
Sunrun, Inc. (a)(b) | 375,858 | 21,256,649 | |
Sunworks, Inc. (a)(b) | 6,668 | 4,834 | |
Thermon Group Holdings, Inc. (b) | 166,125 | 2,186,205 | |
TPI Composites, Inc. (b) | 150,436 | 4,619,890 | |
Ultralife Corp. (b) | 68,420 | 432,414 | |
Vicor Corp. (b) | 87,560 | 7,620,347 | |
Vivint Solar, Inc. (a)(b) | 209,938 | 6,482,885 | |
283,720,428 | |||
Industrial Conglomerates - 0.1% | |||
Carlisle Companies, Inc. | 258,546 | 33,856,599 | |
Raven Industries, Inc. | 180,488 | 4,485,127 | |
38,341,726 | |||
Machinery - 2.8% | |||
AGCO Corp. | 294,067 | 20,908,164 | |
AgEagle Aerial Systems, Inc. (a)(b) | 113,290 | 351,199 | |
Alamo Group, Inc. | 45,787 | 5,077,778 | |
Albany International Corp. Class A | 147,279 | 7,643,780 | |
Allison Transmission Holdings, Inc. | 531,685 | 19,071,541 | |
Altra Industrial Motion Corp. | 304,423 | 11,887,718 | |
Art's-Way Manufacturing Co., Inc. (a)(b) | 31,860 | 73,597 | |
Astec Industries, Inc. | 107,497 | 5,667,242 | |
Barnes Group, Inc. | 226,811 | 8,981,716 | |
Blue Bird Corp. (b) | 73,463 | 836,009 | |
Chart Industries, Inc. (b) | 165,968 | 10,907,417 | |
Chicago Rivet & Machine Co. | 758 | 15,554 | |
CIRCOR International, Inc. (a)(b) | 94,253 | 2,794,601 | |
Colfax Corp. (b) | 394,023 | 13,113,085 | |
Columbus McKinnon Corp. (NY Shares) | 116,396 | 4,233,905 | |
Commercial Vehicle Group, Inc. (b) | 137,261 | 619,047 | |
Crane Co. | 227,340 | 12,853,804 | |
Donaldson Co., Inc. | 590,349 | 29,729,976 | |
Douglas Dynamics, Inc. (a) | 108,349 | 4,159,518 | |
Eastern Co. | 26,978 | 590,818 | |
Energy Recovery, Inc. (a)(b) | 172,493 | 1,467,915 | |
Enerpac Tool Group Corp. Class A | 249,165 | 5,182,632 | |
EnPro Industries, Inc. | 95,872 | 5,610,429 | |
ESCO Technologies, Inc. | 122,802 | 11,042,356 | |
Evoqua Water Technologies Corp. (b) | 389,783 | 7,974,960 | |
ExOne Co. (a)(b) | 52,199 | 637,872 | |
Federal Signal Corp. | 282,324 | 9,068,247 | |
Franklin Electric Co., Inc. | 175,336 | 10,407,945 | |
FreightCar America, Inc. (b) | 53,070 | 79,074 | |
Gates Industrial Corp. PLC (b) | 221,734 | 2,503,377 | |
Gencor Industries, Inc. (b) | 29,953 | 377,707 | |
Gorman-Rupp Co. | 90,076 | 2,877,928 | |
Graco, Inc. | 779,957 | 45,253,105 | |
Graham Corp. | 39,837 | 523,060 | |
Greenbrier Companies, Inc. (a) | 150,555 | 4,093,590 | |
Helios Technologies, Inc. | 138,854 | 5,708,288 | |
Hillenbrand, Inc. | 345,778 | 10,964,620 | |
Hurco Companies, Inc. | 26,517 | 749,901 | |
Hyster-Yale Materials Handling Class A | 48,641 | 1,962,178 | |
ITT, Inc. | 404,994 | 25,437,673 | |
John Bean Technologies Corp. | 149,062 | 15,280,346 | |
Kadant, Inc. | 53,772 | 6,261,212 | |
Kennametal, Inc. | 389,989 | 11,317,481 | |
L.B. Foster Co. Class A (b) | 47,741 | 713,728 | |
Lincoln Electric Holdings, Inc. | 279,150 | 26,996,597 | |
Lindsay Corp. | 50,696 | 5,066,051 | |
LiqTech International, Inc. (a)(b) | 85,306 | 588,611 | |
Lydall, Inc. (b) | 86,460 | 1,623,719 | |
Manitex International, Inc. (b) | 80,512 | 363,109 | |
Manitowoc Co., Inc. (b) | 177,690 | 1,673,840 | |
Mayville Engineering Co., Inc. (b) | 31,068 | 265,631 | |
Meritor, Inc. (b) | 337,944 | 7,691,605 | |
MFRI, Inc. (b) | 13,179 | 72,353 | |
Middleby Corp. (b) | 261,327 | 25,583,913 | |
Miller Industries, Inc. | 59,280 | 1,859,614 | |
Mueller Industries, Inc. | 268,526 | 7,975,222 | |
Mueller Water Products, Inc. Class A | 740,930 | 8,002,044 | |
Navistar International Corp. (b) | 312,600 | 9,996,948 | |
NN, Inc. | 207,276 | 943,106 | |
Nordson Corp. | 241,129 | 44,968,147 | |
Omega Flex, Inc. | 14,605 | 1,924,063 | |
Oshkosh Corp. | 317,915 | 24,482,634 | |
Park-Ohio Holdings Corp. | 42,921 | 679,010 | |
Proto Labs, Inc. (a)(b) | 126,344 | 18,572,568 | |
RBC Bearings, Inc. (b) | 118,598 | 15,659,680 | |
REV Group, Inc. | 135,669 | 1,051,435 | |
Rexnord Corp. | 562,103 | 16,278,503 | |
SPX Corp. (b) | 208,818 | 8,734,857 | |
SPX Flow, Inc. (b) | 203,550 | 8,850,354 | |
Standex International Corp. | 62,527 | 3,616,562 | |
Taylor Devices, Inc. (b) | 3,749 | 35,053 | |
Tennant Co. | 89,868 | 5,973,526 | |
Terex Corp. | 304,755 | 5,964,055 | |
The L.S. Starrett Co. Class A (b) | 20,155 | 68,729 | |
The Shyft Group, Inc. | 152,982 | 3,055,051 | |
Timken Co. | 316,873 | 17,171,348 | |
Titan International, Inc. | 259,294 | 617,120 | |
Toro Co. | 501,208 | 37,730,938 | |
TriMas Corp. (b) | 212,877 | 5,381,531 | |
Trinity Industries, Inc. (a) | 432,032 | 8,843,695 | |
Twin Disc, Inc. (b) | 40,233 | 243,410 | |
Wabash National Corp. (a) | 243,922 | 2,978,288 | |
Watts Water Technologies, Inc. Class A | 129,106 | 12,361,900 | |
Welbilt, Inc. (a)(b) | 621,600 | 4,587,408 | |
Woodward, Inc. | 267,335 | 22,907,936 | |
716,452,257 | |||
Marine - 0.1% | |||
Eagle Bulk Shipping, Inc. (a)(b) | 374,845 | 989,591 | |
Genco Shipping & Trading Ltd. | 82,800 | 588,708 | |
Kirby Corp. (b) | 281,016 | 11,926,319 | |
Matson, Inc. | 203,253 | 8,144,348 | |
Pangaea Logistics Solutions Ltd. (a) | 5,684 | 13,926 | |
21,662,892 | |||
Professional Services - 1.6% | |||
Acacia Research Corp. (b) | 241,785 | 917,574 | |
ASGN, Inc. (b) | 247,450 | 17,759,487 | |
Barrett Business Services, Inc. | 37,761 | 2,173,901 | |
BG Staffing, Inc. | 43,008 | 403,415 | |
CBIZ, Inc. (b) | 263,111 | 6,398,860 | |
CoreLogic, Inc. | 375,531 | 24,935,258 | |
CoStar Group, Inc. (b) | 185,672 | 157,561,259 | |
CRA International, Inc. | 38,928 | 1,654,829 | |
DLH Holdings Corp. (b) | 3,557 | 29,345 | |
Exponent, Inc. | 244,103 | 19,639,307 | |
Forrester Research, Inc. (a)(b) | 53,132 | 1,884,061 | |
Franklin Covey Co. (b) | 49,883 | 984,690 | |
FTI Consulting, Inc. (b) | 175,563 | 20,147,610 | |
Gee Group, Inc. (a)(b) | 3,724 | 4,394 | |
GP Strategies Corp. (a)(b) | 73,891 | 713,787 | |
Heidrick & Struggles International, Inc. | 95,670 | 2,069,342 | |
Hill International, Inc. (b) | 111,120 | 163,346 | |
Hirequest, Inc. | 19,482 | 136,374 | |
Hudson Global, Inc. (b) | 7,326 | 70,476 | |
Huron Consulting Group, Inc. (b) | 107,796 | 4,676,190 | |
ICF International, Inc. | 89,066 | 6,084,098 | |
InnerWorkings, Inc. (b) | 170,973 | 485,563 | |
Insperity, Inc. | 170,728 | 11,501,945 | |
Kelly Services, Inc. Class A (non-vtg.) | 155,356 | 2,950,210 | |
Kforce, Inc. | 89,228 | 3,064,090 | |
Korn Ferry | 258,918 | 7,896,999 | |
Lightbridge Corp. (a)(b) | 8,376 | 37,273 | |
Manpower, Inc. | 269,301 | 19,742,456 | |
Mastech Digital, Inc. (b) | 13,818 | 255,633 | |
MISTRAS Group, Inc. (b) | 85,188 | 405,495 | |
RCM Technologies, Inc. (b) | 26,331 | 41,603 | |
Red Violet, Inc. (a)(b) | 28,193 | 586,132 | |
Rekor Systems, Inc. (a)(b) | 53,118 | 345,267 | |
Resources Connection, Inc. | 152,772 | 1,877,568 | |
ShiftPixy, Inc. (a)(b) | 379 | 1,630 | |
Staffing 360 Solutions, Inc. (a) | 32,301 | 20,175 | |
TransUnion Holding Co., Inc. | 891,978 | 77,352,332 | |
TriNet Group, Inc. (b) | 201,951 | 13,700,356 | |
TrueBlue, Inc. (b) | 172,303 | 2,915,367 | |
Upwork, Inc. (b) | 303,441 | 4,621,406 | |
Volt Information Sciences, Inc. (b) | 56,277 | 64,156 | |
Willdan Group, Inc. (a)(b) | 53,375 | 1,504,108 | |
417,777,367 | |||
Road & Rail - 0.8% | |||
AMERCO | 37,648 | 13,360,899 | |
ArcBest Corp. | 122,654 | 4,148,158 | |
Avis Budget Group, Inc. (a)(b) | 249,666 | 8,516,107 | |
Covenant Transport Group, Inc. Class A (b) | 57,931 | 1,061,875 | |
Daseke, Inc. (b) | 271,093 | 1,667,222 | |
Heartland Express, Inc. | 224,640 | 4,646,678 | |
HyreCar, Inc. (b) | 61,111 | 228,555 | |
Knight-Swift Transportation Holdings, Inc. Class A (a) | 575,701 | 26,171,367 | |
Landstar System, Inc. | 180,539 | 24,027,936 | |
Lyft, Inc. (a)(b) | 997,291 | 29,589,624 | |
Marten Transport Ltd. | 281,940 | 5,120,030 | |
P.A.M. Transportation Services, Inc. (b) | 11,803 | 430,810 | |
Patriot Transportation Holding, Inc. | 5,715 | 49,035 | |
Ryder System, Inc. | 251,405 | 10,282,465 | |
Saia, Inc. (b) | 123,948 | 16,633,822 | |
Schneider National, Inc. Class B | 156,141 | 4,225,175 | |
U.S. Xpress Enterprises, Inc. (b) | 106,556 | 1,019,741 | |
U.S.A. Truck, Inc. (b) | 35,507 | 395,903 | |
Uber Technologies, Inc. (a)(b) | 979,766 | 32,949,531 | |
Universal Logistics Holdings, Inc. | 41,673 | 895,970 | |
Werner Enterprises, Inc. | 271,430 | 12,488,494 | |
YRC Worldwide, Inc. (a)(b) | 164,196 | 684,697 | |
198,594,094 | |||
Trading Companies & Distributors - 0.9% | |||
AeroCentury Corp. (a)(b) | 726 | 1,713 | |
Air Lease Corp. Class A | 491,692 | 15,281,787 | |
Alta Equipment Group, Inc. (a)(b) | 95,730 | 799,346 | |
Applied Industrial Technologies, Inc. | 183,570 | 11,052,750 | |
Beacon Roofing Supply, Inc. (b) | 318,244 | 10,785,289 | |
BlueLinx Corp. (a)(b) | 44,535 | 909,850 | |
BMC Stock Holdings, Inc. (b) | 315,022 | 12,575,678 | |
CAI International, Inc. | 79,902 | 1,742,663 | |
DXP Enterprises, Inc. (b) | 81,122 | 1,560,787 | |
EVI Industries, Inc. (a)(b) | 23,108 | 567,532 | |
Foundation Building Materials, Inc. (b) | 88,964 | 1,443,886 | |
GATX Corp. (a) | 166,264 | 11,119,736 | |
General Finance Corp. (b) | 73,463 | 476,040 | |
GMS, Inc. (b) | 202,123 | 5,354,238 | |
H&E Equipment Services, Inc. | 146,525 | 2,968,597 | |
HD Supply Holdings, Inc. (b) | 758,001 | 30,062,320 | |
Herc Holdings, Inc. (b) | 113,820 | 4,660,929 | |
Houston Wire & Cable Co. (b) | 67,850 | 175,732 | |
Huttig Building Products, Inc. (a)(b) | 72,927 | 171,378 | |
India Globalization Capital, Inc. (a)(b) | 172,304 | 206,765 | |
Lawson Products, Inc. (b) | 40,566 | 1,456,319 | |
MRC Global, Inc. (a)(b) | 406,717 | 2,314,220 | |
MSC Industrial Direct Co., Inc. Class A | 214,233 | 14,117,955 | |
Nesco Holdings, Inc. Class A (a)(b) | 32,234 | 128,936 | |
Now, Inc. (b) | 536,322 | 3,899,061 | |
Rush Enterprises, Inc. Class A | 147,381 | 7,121,450 | |
SiteOne Landscape Supply, Inc. (b) | 208,153 | 26,029,533 | |
Systemax, Inc. | 73,101 | 1,622,111 | |
Titan Machinery, Inc. (b) | 93,368 | 1,260,468 | |
Transcat, Inc. (b) | 40,113 | 1,179,723 | |
Triton International Ltd. | 241,718 | 8,716,351 | |
Univar, Inc. (b) | 662,096 | 12,043,526 | |
Veritiv Corp. (b) | 61,994 | 1,077,456 | |
Watsco, Inc. | 154,167 | 37,769,373 | |
WESCO International, Inc. (b) | 225,765 | 10,577,090 | |
Willis Lease Finance Corp. (b) | 20,314 | 434,313 | |
241,664,901 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 367,584 | 10,299,704 | |
TOTAL INDUSTRIALS | 3,055,299,768 | ||
INFORMATION TECHNOLOGY - 21.4% | |||
Communications Equipment - 0.7% | |||
Acacia Communications, Inc. (b) | 179,913 | 12,140,529 | |
ADTRAN, Inc. | 225,286 | 2,498,422 | |
Applied Optoelectronics, Inc. (a)(b) | 84,395 | 981,514 | |
Aviat Networks, Inc. (b) | 17,942 | 388,983 | |
BK Technologies Corp. | 68,107 | 207,726 | |
CalAmp Corp. (a)(b) | 167,160 | 1,365,697 | |
Calix Networks, Inc. (b) | 232,960 | 4,531,072 | |
Casa Systems, Inc. (a)(b) | 137,941 | 627,632 | |
Ciena Corp. (b) | 725,893 | 41,208,946 | |
Clearfield, Inc. (b) | 45,080 | 793,408 | |
ClearOne, Inc. (b) | 68,406 | 179,908 | |
CommScope Holding Co., Inc. (b) | 922,485 | 9,501,596 | |
Communications Systems, Inc. | 26,846 | 125,371 | |
Comtech Telecommunications Corp. | 119,418 | 1,982,339 | |
Digi International, Inc. (b) | 143,313 | 1,951,923 | |
Dzs, Inc. (b) | 42,919 | 447,216 | |
EchoStar Holding Corp. Class A (b) | 217,771 | 6,398,112 | |
EMCORE Corp. (b) | 116,856 | 412,502 | |
Extreme Networks, Inc. (b) | 592,651 | 2,589,885 | |
Harmonic, Inc. (b) | 460,119 | 2,714,702 | |
Infinera Corp. (a)(b) | 758,768 | 5,531,419 | |
Inseego Corp. (a)(b) | 328,985 | 3,776,748 | |
InterDigital, Inc. | 142,535 | 8,716,015 | |
KVH Industries, Inc. (b) | 55,592 | 499,772 | |
Lantronix, Inc. (b) | 36,109 | 193,905 | |
LRAD Corp. (a)(b) | 157,033 | 785,165 | |
Lumentum Holdings, Inc. (b) | 354,354 | 30,474,444 | |
NETGEAR, Inc. (b) | 138,171 | 4,608,003 | |
NetScout Systems, Inc. (b) | 296,545 | 6,862,051 | |
Network-1 Security Solutions, Inc. | 44,887 | 98,751 | |
Optical Cable Corp. (b) | 11,253 | 27,232 | |
PC-Tel, Inc. | 84,418 | 535,210 | |
Plantronics, Inc. (a) | 159,857 | 1,975,833 | |
Resonant, Inc. (a)(b) | 189,533 | 506,053 | |
Sonus Networks, Inc. (b) | 437,985 | 1,874,576 | |
Technical Communications Corp. (a)(b) | 2,782 | 10,154 | |
Tessco Technologies, Inc. | 29,976 | 184,952 | |
Ubiquiti, Inc. (a) | 56,426 | 10,255,426 | |
ViaSat, Inc. (a)(b) | 275,726 | 10,962,866 | |
Viavi Solutions, Inc. (b) | 1,098,073 | 14,642,803 | |
Westell Technologies, Inc. Class A (b) | 36,810 | 40,491 | |
xG Technology, Inc. (a)(b) | 57 | 99 | |
193,609,451 | |||
Electronic Equipment & Components - 1.9% | |||
ADDvantage Technologies Group, Inc. (a)(b) | 11,707 | 26,107 | |
Airgain, Inc. (b) | 46,747 | 621,735 | |
Akoustis Technologies, Inc. (a)(b) | 126,261 | 1,001,250 | |
Applied DNA Sciences, Inc. (a)(b) | 20,600 | 150,998 | |
Arlo Technologies, Inc. (b) | 363,054 | 2,080,299 | |
Arrow Electronics, Inc. (b) | 369,590 | 29,034,990 | |
Avnet, Inc. | 449,673 | 12,370,504 | |
Badger Meter, Inc. | 139,363 | 8,597,303 | |
Bel Fuse, Inc. Class B (non-vtg.) | 57,152 | 686,967 | |
Belden, Inc. | 177,004 | 5,961,495 | |
Benchmark Electronics, Inc. | 173,960 | 3,411,356 | |
Cemtrex, Inc. (a)(b) | 4,301 | 5,720 | |
ClearSign Combustion Corp. (a)(b) | 88,193 | 201,962 | |
Coda Octopus Group, Inc. (a)(b) | 22,486 | 151,331 | |
Cognex Corp. | 808,161 | 55,916,660 | |
Coherent, Inc. (b) | 114,396 | 12,887,853 | |
CPS Technologies Corp. (a)(b) | 41,373 | 70,334 | |
CTS Corp. | 163,045 | 3,407,641 | |
CUI Global, Inc. (b) | 85,811 | 46,106 | |
Daktronics, Inc. (a) | 197,468 | 872,809 | |
Data I/O Corp. (b) | 25,384 | 84,275 | |
Digital Ally, Inc. (a)(b) | 84,218 | 189,491 | |
Dolby Laboratories, Inc. Class A | 304,349 | 21,258,778 | |
eMagin Corp. (a)(b) | 59,414 | 79,021 | |
ePlus, Inc. (b) | 64,109 | 4,918,442 | |
Fabrinet (b) | 174,318 | 12,163,910 | |
FARO Technologies, Inc. (b) | 87,303 | 4,932,620 | |
Fitbit, Inc. (b) | 1,091,258 | 6,940,401 | |
Frequency Electronics, Inc. (b) | 18,714 | 187,514 | |
Identiv, Inc. (b) | 50,133 | 309,321 | |
IEC Electronics Corp. (b) | 42,451 | 356,588 | |
II-VI, Inc. (b) | 454,085 | 20,206,783 | |
Image Sensing Systems, Inc. (b) | 9,582 | 34,687 | |
Insight Enterprises, Inc. (b) | 163,833 | 9,798,033 | |
Intellicheck, Inc. (a)(b) | 65,588 | 413,204 | |
Iteris, Inc. (b) | 193,896 | 886,105 | |
Itron, Inc. (b) | 169,387 | 10,090,384 | |
Jabil, Inc. | 645,921 | 22,058,202 | |
KEY Tronic Corp. (b) | 23,421 | 192,521 | |
Kimball Electronics, Inc. (b) | 125,270 | 1,689,266 | |
Knowles Corp. (b) | 425,549 | 6,408,768 | |
LGL Group, Inc. (b) | 6,067 | 49,992 | |
LightPath Technologies, Inc. Class A (a)(b) | 111,997 | 276,633 | |
Littelfuse, Inc. | 114,251 | 20,661,151 | |
Luna Innovations, Inc. (b) | 128,883 | 824,851 | |
Methode Electronics, Inc. Class A | 172,745 | 4,890,411 | |
Micronet Enertec Technologies, Inc. (a)(b) | 8,412 | 39,200 | |
MicroVision, Inc. (a)(b) | 542,135 | 856,573 | |
MTS Systems Corp. | 88,196 | 2,151,982 | |
Napco Security Technolgies, Inc. (a)(b) | 56,639 | 1,410,877 | |
National Instruments Corp. | 554,372 | 19,896,411 | |
Neonode, Inc. (a)(b) | 22,234 | 222,118 | |
nLIGHT, Inc. (b) | 162,009 | 3,784,530 | |
Novanta, Inc. (b) | 164,594 | 17,639,539 | |
OSI Systems, Inc. (b) | 81,308 | 6,403,005 | |
Par Technology Corp. (a)(b) | 57,484 | 2,146,453 | |
PC Connection, Inc. | 49,986 | 2,213,880 | |
Perceptron, Inc. (b) | 32,730 | 137,139 | |
Plexus Corp. (b) | 135,404 | 10,300,182 | |
Powerfleet, Inc. (a)(b) | 96,837 | 544,224 | |
Research Frontiers, Inc. (b) | 113,120 | 262,438 | |
RF Industries Ltd. | 34,355 | 141,543 | |
Richardson Electronics Ltd. | 36,172 | 164,221 | |
Rogers Corp. (b) | 88,257 | 10,000,401 | |
Sanmina Corp. (b) | 312,412 | 8,841,260 | |
ScanSource, Inc. (b) | 123,244 | 3,042,894 | |
Sigmatron International, Inc. (b) | 11,250 | 32,963 | |
Superconductor Technologies, Inc. (b) | 2,752 | 872 | |
SYNNEX Corp. | 194,554 | 24,737,541 | |
Trimble, Inc. (b) | 1,176,004 | 61,634,370 | |
TTM Technologies, Inc. (a)(b) | 477,999 | 5,477,869 | |
Vishay Intertechnology, Inc. | 589,082 | 9,419,421 | |
Vishay Precision Group, Inc. (b) | 61,860 | 1,540,933 | |
Wayside Technology Group, Inc. | 13,193 | 327,846 | |
Wireless Telecom Group, Inc. (b) | 34,803 | 45,592 | |
Wrap Technologies, Inc. (a)(b) | 45,818 | 398,617 | |
481,219,666 | |||
IT Services - 4.7% | |||
ALJ Regional Holdings, Inc. (a)(b) | 9,675 | 10,159 | |
Alliance Data Systems Corp. | 199,696 | 9,008,287 | |
Amergent Hospitality Group, Inc. (b) | 9,043 | 2,871 | |
AMERI Holdings, Inc. (b) | 10,788 | 13,701 | |
Black Knight, Inc. (b) | 705,903 | 59,366,442 | |
Booz Allen Hamilton Holding Corp. Class A | 649,244 | 57,172,427 | |
Brightcove, Inc. (b) | 181,303 | 2,016,089 | |
CACI International, Inc. Class A (b) | 117,709 | 27,566,271 | |
Cardtronics PLC (a)(b) | 171,532 | 3,723,960 | |
Cass Information Systems, Inc. | 60,832 | 2,382,181 | |
Computer Task Group, Inc. (b) | 43,271 | 207,701 | |
Conduent, Inc. (b) | 764,243 | 2,583,141 | |
CSG Systems International, Inc. | 155,294 | 6,610,866 | |
CSP, Inc. | 3,689 | 35,009 | |
Endurance International Group Holdings, Inc. (b) | 364,430 | 2,372,439 | |
EPAM Systems, Inc. (b) | 262,685 | 85,924,264 | |
Euronet Worldwide, Inc. (b) | 247,100 | 25,545,198 | |
EVERTEC, Inc. | 279,041 | 9,772,016 | |
EVO Payments, Inc. Class A (b) | 195,967 | 5,630,132 | |
Exela Technologies, Inc. (a)(b) | 248,418 | 106,298 | |
ExlService Holdings, Inc. (b) | 160,409 | 10,216,449 | |
Fastly, Inc. Class A (a)(b) | 89,331 | 8,293,490 | |
Genpact Ltd. | 728,193 | 30,715,181 | |
GoDaddy, Inc. (b) | 779,768 | 65,250,986 | |
GreenSky, Inc. Class A (a)(b) | 189,492 | 824,290 | |
Grid Dynamics Holdings, Inc. (b) | 115,168 | 854,547 | |
GTT Communications, Inc. (a)(b) | 142,846 | 711,373 | |
Hackett Group, Inc. | 137,473 | 1,733,535 | |
i3 Verticals, Inc. Class A (a)(b) | 71,483 | 1,993,661 | |
Information Services Group, Inc. (b) | 106,909 | 219,698 | |
Innodata, Inc. (b) | 57,046 | 119,797 | |
International Money Express, Inc. (b) | 124,600 | 2,108,232 | |
KBR, Inc. | 675,442 | 16,879,296 | |
Limelight Networks, Inc. (b) | 567,354 | 3,216,897 | |
Liveramp Holdings, Inc. (b) | 308,347 | 17,218,096 | |
ManTech International Corp. Class A | 127,235 | 9,523,540 | |
Marathon Patent Group, Inc. (a)(b) | 47,394 | 117,537 | |
Maximus, Inc. | 288,978 | 22,410,244 | |
ModusLink Global Solutions, Inc. (b) | 124,462 | 82,780 | |
MoneyGram International, Inc. (a)(b) | 162,379 | 474,147 | |
MongoDB, Inc. Class A (a)(b) | 170,898 | 39,955,952 | |
NIC, Inc. | 318,145 | 6,801,940 | |
Okta, Inc. (b) | 547,919 | 118,005,315 | |
Paysign, Inc. (a)(b) | 130,624 | 841,219 | |
Perficient, Inc. (b) | 155,646 | 6,678,770 | |
Perspecta, Inc. | 649,027 | 13,480,291 | |
PFSweb, Inc. (b) | 68,404 | 578,014 | |
PRG-Schultz International, Inc. (b) | 113,057 | 624,075 | |
Repay Holdings Corp. (b) | 179,676 | 4,545,803 | |
Sabre Corp. | 1,473,126 | 10,297,151 | |
Science Applications International Corp. | 233,701 | 19,504,685 | |
ServiceSource International, Inc. (b) | 310,800 | 467,754 | |
Square, Inc. (b) | 1,609,281 | 256,776,876 | |
StarTek, Inc. (b) | 53,760 | 268,800 | |
Switch, Inc. Class A | 270,712 | 4,656,246 | |
Sykes Enterprises, Inc. (b) | 179,453 | 5,940,792 | |
Ttec Holdings, Inc. | 84,354 | 4,782,028 | |
Twilio, Inc. Class A (b) | 647,961 | 174,793,959 | |
Unisys Corp. (b) | 244,689 | 2,853,074 | |
Verra Mobility Corp. (b) | 617,380 | 6,522,620 | |
Virtusa Corp. (b) | 139,386 | 5,511,322 | |
WEX, Inc. (b) | 205,773 | 32,864,006 | |
WidePoint Corp. (b) | 264,173 | 136,049 | |
1,209,899,969 | |||
Semiconductors & Semiconductor Equipment - 3.9% | |||
ACM Research, Inc. (b) | 43,351 | 3,850,002 | |
Advanced Energy Industries, Inc. (b) | 181,219 | 13,431,952 | |
AEHR Test Systems (b) | 77,697 | 138,301 | |
Alpha & Omega Semiconductor Ltd. (b) | 97,106 | 1,315,786 | |
Ambarella, Inc. (b) | 153,550 | 8,092,085 | |
Amkor Technology, Inc. (b) | 505,693 | 6,166,926 | |
Amtech Systems, Inc. (b) | 53,049 | 301,318 | |
Atomera, Inc. (a)(b) | 60,574 | 769,896 | |
Axcelis Technologies, Inc. (b) | 153,956 | 3,637,980 | |
AXT, Inc. (b) | 187,862 | 1,059,542 | |
Brooks Automation, Inc. | 349,024 | 18,020,109 | |
Cabot Microelectronics Corp. | 136,207 | 20,742,964 | |
Ceva, Inc. (b) | 102,296 | 4,322,006 | |
Cirrus Logic, Inc. (b) | 276,191 | 16,734,413 | |
Cohu, Inc. (a) | 202,032 | 3,474,950 | |
Cree, Inc. (b) | 508,964 | 32,115,628 | |
CVD Equipment Corp. (b) | 12,659 | 38,104 | |
CyberOptics Corp. (b) | 35,618 | 1,141,557 | |
Diodes, Inc. (b) | 198,193 | 9,683,710 | |
DSP Group, Inc. (b) | 116,050 | 1,664,157 | |
Enphase Energy, Inc. (b) | 384,416 | 29,688,448 | |
Entegris, Inc. | 633,093 | 42,347,591 | |
Envision Solar International, Inc. (b) | 18,545 | 257,034 | |
Everspin Technologies, Inc. (a)(b) | 46,642 | 270,990 | |
First Solar, Inc. (a)(b) | 357,747 | 27,399,843 | |
FormFactor, Inc. (b) | 365,303 | 9,545,367 | |
GSI Technology, Inc. (a)(b) | 71,555 | 455,090 | |
Ichor Holdings Ltd. (b) | 112,867 | 2,839,734 | |
Impinj, Inc. (a)(b) | 76,879 | 1,879,692 | |
Inphi Corp. (b) | 228,528 | 26,047,621 | |
Intest Corp. (b) | 33,374 | 164,200 | |
Kopin Corp. (a)(b) | 302,580 | 456,896 | |
Kulicke & Soffa Industries, Inc. | 299,238 | 7,175,727 | |
Lattice Semiconductor Corp. (b) | 637,446 | 18,230,956 | |
MACOM Technology Solutions Holdings, Inc. (b) | 219,678 | 7,827,127 | |
Marvell Technology Group Ltd. | 3,128,749 | 121,332,886 | |
Maxeon Solar Technologies Ltd. (a)(b) | 5,190 | 107,848 | |
MaxLinear, Inc. Class A (b) | 315,223 | 7,675,680 | |
MKS Instruments, Inc. | 258,402 | 30,886,791 | |
Monolithic Power Systems, Inc. | 196,566 | 52,508,676 | |
MoSys, Inc. (a)(b) | 813 | 1,309 | |
NeoPhotonics Corp. (b) | 205,854 | 1,370,988 | |
NVE Corp. | 24,023 | 1,283,549 | |
NXP Semiconductors NV | 1,314,517 | 165,313,658 | |
ON Semiconductor Corp. (b) | 1,937,638 | 41,407,324 | |
Onto Innovation, Inc. (b) | 226,032 | 7,061,240 | |
PDF Solutions, Inc. (b) | 138,524 | 2,867,447 | |
Photronics, Inc. (b) | 302,712 | 3,036,201 | |
Pixelworks, Inc. (b) | 172,277 | 392,792 | |
Power Integrations, Inc. | 281,184 | 15,737,868 | |
QuickLogic Corp. (a)(b) | 26,398 | 84,474 | |
Rambus, Inc. (b) | 530,666 | 7,126,844 | |
Rubicon Technology, Inc. (b) | 8,459 | 70,041 | |
Semtech Corp. (b) | 306,487 | 17,975,463 | |
Silicon Laboratories, Inc. (b) | 207,138 | 21,213,003 | |
SiTime Corp. (a) | 20,584 | 1,356,074 | |
SMART Global Holdings, Inc. (b) | 66,413 | 1,673,608 | |
SolarEdge Technologies, Inc. (b) | 234,216 | 51,796,868 | |
SunPower Corp. (a)(b) | 415,125 | 4,645,249 | |
Synaptics, Inc. (b) | 160,884 | 13,728,232 | |
Teradyne, Inc. | 780,696 | 66,335,739 | |
Ultra Clean Holdings, Inc. (b) | 186,619 | 4,575,898 | |
Universal Display Corp. | 199,493 | 35,011,022 | |
Veeco Instruments, Inc. (b) | 235,849 | 2,804,245 | |
1,000,668,719 | |||
Software - 9.8% | |||
2U, Inc. (a)(b) | 333,966 | 13,822,853 | |
8x8, Inc. (b) | 494,071 | 8,339,918 | |
A10 Networks, Inc. (b) | 286,209 | 2,447,087 | |
ACI Worldwide, Inc. (b) | 548,759 | 16,122,539 | |
Agilysys, Inc. (b) | 93,935 | 2,383,131 | |
Alarm.com Holdings, Inc. (a)(b) | 201,501 | 12,063,865 | |
Altair Engineering, Inc. Class A (a)(b) | 187,363 | 7,872,993 | |
Alteryx, Inc. Class A (a)(b) | 234,646 | 28,352,276 | |
American Software, Inc. Class A | 146,574 | 2,075,488 | |
Anaplan, Inc. (b) | 420,012 | 25,725,735 | |
AppFolio, Inc. (a)(b) | 69,983 | 11,759,243 | |
Appian Corp. Class A (a)(b) | 165,209 | 10,117,399 | |
Aspen Technology, Inc. (b) | 318,229 | 40,424,630 | |
Asure Software, Inc. (a)(b) | 55,885 | 376,106 | |
AudioEye, Inc. (b) | 21,578 | 411,061 | |
Avalara, Inc. (b) | 342,754 | 45,384,057 | |
Avaya Holdings Corp. (a)(b) | 391,265 | 6,072,433 | |
Aware, Inc. (b) | 24,042 | 64,913 | |
Benefitfocus, Inc. (b) | 141,222 | 1,460,235 | |
Bill.Com Holdings, Inc. (b) | 100,876 | 9,984,706 | |
Blackbaud, Inc. (a) | 233,281 | 14,894,992 | |
BlackLine, Inc. (a)(b) | 205,980 | 17,996,473 | |
Bottomline Technologies, Inc. (b) | 177,127 | 8,436,559 | |
Box, Inc. Class A (b) | 712,695 | 13,990,203 | |
Bridgeline Digital, Inc. (b) | 19 | 39 | |
BSQUARE Corp. (b) | 35,232 | 55,314 | |
CDK Global, Inc. | 571,485 | 26,642,631 | |
Cerence, Inc. (a)(b) | 172,444 | 9,174,021 | |
Ceridian HCM Holding, Inc. (b) | 513,601 | 40,841,552 | |
ChannelAdvisor Corp. (b) | 128,650 | 2,163,893 | |
Cleanspark, Inc. (a)(b) | 34,491 | 347,669 | |
Cloudera, Inc. (b) | 1,228,989 | 16,234,945 | |
Cloudflare, Inc. (b) | 197,638 | 7,561,630 | |
CommVault Systems, Inc. (b) | 202,166 | 8,739,636 | |
Cornerstone OnDemand, Inc. (b) | 257,520 | 9,082,730 | |
Coupa Software, Inc. (b) | 314,450 | 103,057,843 | |
Crowdstrike Holdings, Inc. (b) | 98,232 | 12,350,709 | |
Datadog, Inc. Class A (b) | 134,152 | 11,208,400 | |
Digimarc Corp. (a)(b) | 61,002 | 974,812 | |
Digital Turbine, Inc. (b) | 305,855 | 7,398,632 | |
DocuSign, Inc. (b) | 613,213 | 136,746,499 | |
Domo, Inc. Class B (b) | 98,156 | 3,996,912 | |
Dropbox, Inc. Class A (b) | 1,050,685 | 22,243,001 | |
Dynatrace, Inc. | 862,689 | 38,156,734 | |
Ebix, Inc. | 105,726 | 2,439,099 | |
eGain Communications Corp. (b) | 97,814 | 1,308,751 | |
Elastic NV (b) | 157,673 | 17,120,134 | |
Envestnet, Inc. (b) | 252,914 | 20,989,333 | |
Everbridge, Inc. (a)(b) | 162,371 | 24,129,954 | |
Evolving Systems, Inc. (b) | 27,005 | 28,625 | |
Fair Isaac Corp. (b) | 136,785 | 57,557,760 | |
FireEye, Inc. (a)(b) | 1,047,363 | 15,375,289 | |
Five9, Inc. (b) | 293,073 | 37,349,223 | |
GlowPoint, Inc. (a)(b) | 31,599 | 69,834 | |
GSE Systems, Inc. (b) | 32,533 | 30,275 | |
GTY Govtech, Inc. (a)(b) | 165,217 | 539,434 | |
Guidewire Software, Inc. (b) | 390,369 | 43,842,342 | |
HubSpot, Inc. (b) | 193,369 | 57,948,822 | |
Intelligent Systems Corp. (a)(b) | 27,255 | 1,024,515 | |
Inuvo, Inc. (a)(b) | 95,405 | 40,318 | |
Issuer Direct Corp. (b) | 32,613 | 551,160 | |
j2 Global, Inc. (a)(b) | 211,199 | 14,781,818 | |
LivePerson, Inc. (a)(b) | 289,317 | 17,260,652 | |
Majesco (b) | 40,915 | 654,231 | |
Manhattan Associates, Inc. (b) | 298,284 | 29,008,119 | |
Marin Software, Inc. (a)(b) | 22,030 | 29,961 | |
Medallia, Inc. (a)(b) | 130,235 | 4,713,205 | |
MicroStrategy, Inc. Class A (b) | 34,871 | 5,036,767 | |
Mitek Systems, Inc. (b) | 204,839 | 2,599,407 | |
MobileIron, Inc. (b) | 437,733 | 2,858,396 | |
Model N, Inc. (b) | 129,732 | 5,101,062 | |
Net Element International, Inc. (b) | 15,603 | 104,228 | |
NetSol Technologies, Inc. (b) | 40,740 | 120,183 | |
New Relic, Inc. (b) | 242,424 | 14,892,106 | |
Nuance Communications, Inc. (b) | 1,327,792 | 39,780,648 | |
Nutanix, Inc. Class A (b) | 705,755 | 20,262,226 | |
NXT-ID, Inc. (b) | 86,540 | 33,404 | |
Onespan, Inc. (b) | 155,889 | 3,359,408 | |
Pagerduty, Inc. (b) | 44,643 | 1,458,487 | |
Palo Alto Networks, Inc. (b) | 455,226 | 117,179,725 | |
Parametric Technology Corp. (b) | 490,079 | 44,798,121 | |
Pareteum Corp. (a)(b) | 629,496 | 428,057 | |
Park City Group, Inc. (b) | 64,528 | 320,059 | |
Paylocity Holding Corp. (a)(b) | 170,534 | 25,111,132 | |
Pegasystems, Inc. | 180,336 | 23,167,766 | |
Phunware, Inc. (a)(b) | 82,063 | 88,628 | |
Ping Identity Holding Corp. (a)(b) | 145,961 | 5,031,276 | |
Pluralsight, Inc. (a)(b) | 460,918 | 8,821,971 | |
Progress Software Corp. | 210,313 | 7,968,760 | |
Proofpoint, Inc. (b) | 271,445 | 29,769,373 | |
PROS Holdings, Inc. (b) | 188,478 | 7,350,642 | |
Q2 Holdings, Inc. (b) | 230,619 | 22,436,923 | |
QAD, Inc.: | |||
Class A | 43,357 | 1,971,876 | |
Class B | 23,915 | 804,740 | |
Qualys, Inc. (a)(b) | 158,451 | 16,817,989 | |
Qumu Corp. (b) | 55,705 | 296,908 | |
Rapid7, Inc. (b) | 212,598 | 13,727,453 | |
RealNetworks, Inc. (b) | 88,984 | 115,679 | |
RealPage, Inc. (b) | 410,696 | 25,717,784 | |
Rimini Street, Inc. (b) | 13,121 | 57,470 | |
RingCentral, Inc. (b) | 363,258 | 105,624,529 | |
Riot Blockchain, Inc. (a)(b) | 118,996 | 416,486 | |
SailPoint Technologies Holding, Inc. (b) | 406,778 | 15,957,901 | |
SeaChange International, Inc. (b) | 146,521 | 196,338 | |
SecureWorks Corp. (b) | 51,274 | 662,973 | |
SharpSpring, Inc. (a)(b) | 46,113 | 506,321 | |
ShotSpotter, Inc. (a)(b) | 38,005 | 1,138,630 | |
SilverSun Technologies, Inc. (A Shares) | 17,056 | 55,944 | |
Slack Technologies, Inc. Class A (a)(b) | 302,216 | 9,924,773 | |
Smartsheet, Inc. (b) | 433,633 | 23,646,007 | |
Smith Micro Software, Inc. (a)(b) | 110,815 | 425,530 | |
SolarWinds, Inc. (a)(b) | 307,669 | 6,470,279 | |
Splunk, Inc. (b) | 748,641 | 164,199,431 | |
Sprout Social, Inc. (b) | 46,775 | 1,812,531 | |
SPS Commerce, Inc. (b) | 166,552 | 13,304,174 | |
SS&C Technologies Holdings, Inc. | 1,051,178 | 66,981,062 | |
Support.com, Inc. | 54,868 | 107,541 | |
SurveyMonkey (b) | 437,548 | 10,890,570 | |
Synacor, Inc. (a)(b) | 119,442 | 138,553 | |
Synchronoss Technologies, Inc. (a)(b) | 183,108 | 803,844 | |
TeleNav, Inc. (b) | 193,880 | 889,909 | |
Tenable Holdings, Inc. (b) | 242,790 | 9,138,616 | |
Teradata Corp. (a)(b) | 505,853 | 12,317,521 | |
The Trade Desk, Inc. (b) | 192,997 | 92,889,456 | |
Upland Software, Inc. (b) | 98,141 | 3,849,090 | |
Varonis Systems, Inc. (b) | 148,076 | 18,291,828 | |
Verb Technology Co., Inc. (b) | 3,000 | 3,510 | |
Verint Systems, Inc. (b) | 300,236 | 14,279,224 | |
Veritone, Inc. (a)(b) | 100,602 | 831,979 | |
VirnetX Holding Corp. (a) | 313,700 | 1,559,089 | |
VMware, Inc. Class A (a)(b) | 375,130 | 54,183,777 | |
Workday, Inc. Class A (b) | 771,366 | 184,904,144 | |
Workiva, Inc. (b) | 182,951 | 10,794,109 | |
Xperi Holding Corp. | 547,592 | 6,861,328 | |
Yext, Inc. (a)(b) | 459,892 | 9,133,455 | |
Zendesk, Inc. (b) | 538,443 | 51,895,136 | |
Zix Corp. (b) | 274,741 | 1,664,930 | |
Zoom Video Communications, Inc. Class A (b) | 134,600 | 43,758,460 | |
Zscaler, Inc. (b) | 311,156 | 44,601,101 | |
Zuora, Inc. (a)(b) | 346,390 | 4,707,440 | |
2,541,755,524 | |||
Technology Hardware, Storage & Peripherals - 0.4% | |||
3D Systems Corp. (a)(b) | 586,683 | 3,220,890 | |
Astro-Med, Inc. | 35,940 | 246,189 | |
Avid Technology, Inc. (a)(b) | 167,836 | 1,359,472 | |
Boxlight Corp. (a)(b) | 37,515 | 63,776 | |
Dell Technologies, Inc. (b) | 729,031 | 48,174,368 | |
Diebold Nixdorf, Inc. (a)(b) | 374,987 | 3,127,392 | |
Eastman Kodak Co. (a)(b) | 123,964 | 741,305 | |
Immersion Corp. (b) | 136,937 | 1,302,271 | |
Intevac, Inc. (b) | 87,082 | 522,492 | |
NCR Corp. (b) | 586,361 | 11,985,219 | |
One Stop Systems, Inc. (a)(b) | 47,116 | 119,675 | |
Pure Storage, Inc. Class A (b) | 1,103,342 | 16,836,999 | |
Quantum Corp. (a)(b) | 147,733 | 806,622 | |
Sonim Technologies, Inc. (b) | 20,304 | 17,827 | |
Super Micro Computer, Inc. (b) | 206,306 | 5,650,721 | |
Transact Technologies, Inc. | 27,805 | 149,591 | |
94,324,809 | |||
TOTAL INFORMATION TECHNOLOGY | 5,521,478,138 | ||
MATERIALS - 3.5% | |||
Chemicals - 1.5% | |||
Advanced Emissions Solutions, Inc. | 96,954 | 375,212 | |
AdvanSix, Inc. (b) | 129,611 | 1,649,948 | |
AgroFresh Solutions, Inc. (a)(b) | 114,965 | 285,113 | |
American Vanguard Corp. | 133,922 | 1,894,996 | |
Amyris, Inc. (a)(b) | 344,651 | 1,130,455 | |
Ashland Global Holdings, Inc. | 285,026 | 21,003,566 | |
Axalta Coating Systems Ltd. (b) | 985,720 | 23,509,422 | |
Balchem Corp. | 152,830 | 14,931,491 | |
Cabot Corp. | 267,111 | 9,885,778 | |
Chase Corp. | 35,618 | 3,475,248 | |
Core Molding Technologies, Inc. (b) | 29,730 | 181,353 | |
Element Solutions, Inc. (b) | 1,034,872 | 11,124,874 | |
Ferro Corp. (b) | 387,127 | 4,827,474 | |
Flotek Industries, Inc. (a)(b) | 264,681 | 606,119 | |
FutureFuel Corp. | 128,970 | 1,560,537 | |
GCP Applied Technologies, Inc. (b) | 253,930 | 6,617,416 | |
H.B. Fuller Co. | 237,974 | 11,463,208 | |
Hawkins, Inc. | 45,143 | 2,267,081 | |
Huntsman Corp. | 921,135 | 19,914,939 | |
Ingevity Corp. (b) | 193,974 | 10,895,520 | |
Innospec, Inc. | 115,551 | 8,630,504 | |
Intrepid Potash, Inc. (b) | 48,926 | 456,969 | |
Koppers Holdings, Inc. (b) | 102,701 | 2,470,986 | |
Kraton Performance Polymers, Inc. (b) | 142,904 | 2,006,372 | |
Kronos Worldwide, Inc. (a) | 107,838 | 1,346,897 | |
Livent Corp. (a)(b) | 698,659 | 5,924,628 | |
Loop Industries, Inc. (a)(b) | 75,417 | 831,095 | |
LSB Industries, Inc. (a)(b) | 104,556 | 227,932 | |
Marrone Bio Innovations, Inc. (a)(b) | 160,000 | 203,200 | |
Minerals Technologies, Inc. | 163,404 | 8,292,753 | |
NewMarket Corp. | 34,133 | 12,714,201 | |
Northern Technologies International Corp. | 14,032 | 116,606 | |
Olin Corp. | 740,340 | 8,328,825 | |
PolyOne Corp. | 429,188 | 10,952,878 | |
PQ Group Holdings, Inc. (b) | 189,942 | 2,212,824 | |
Quaker Chemical Corp. (a) | 61,552 | 11,694,880 | |
Rayonier Advanced Materials, Inc. (b) | 246,939 | 780,327 | |
RPM International, Inc. | 609,844 | 51,696,476 | |
Sensient Technologies Corp. | 194,964 | 10,765,912 | |
Stepan Co. | 92,543 | 10,669,282 | |
The Chemours Co. LLC (a) | 777,850 | 16,070,381 | |
The Scotts Miracle-Gro Co. Class A | 185,641 | 31,286,078 | |
Trecora Resources (b) | 90,844 | 545,972 | |
Tredegar Corp. | 122,777 | 2,078,615 | |
Trinseo SA | 184,204 | 4,588,522 | |
Tronox Holdings PLC | 444,513 | 3,982,836 | |
Valhi, Inc. | 11,706 | 163,416 | |
Valvoline, Inc. | 875,326 | 17,856,650 | |
Venator Materials PLC (b) | 253,191 | 544,361 | |
W.R. Grace & Co. | 264,066 | 10,750,127 | |
Westlake Chemical Corp. | 161,646 | 9,588,841 | |
395,379,096 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 195,863 | 16,015,718 | |
Forterra, Inc. (b) | 87,063 | 1,153,585 | |
Summit Materials, Inc. (b) | 535,872 | 7,979,134 | |
Tecnoglass, Inc. | 87,666 | 483,040 | |
U.S. Concrete, Inc. (b) | 79,728 | 2,127,940 | |
United States Lime & Minerals, Inc. | 10,066 | 927,381 | |
28,686,798 | |||
Containers & Packaging - 0.8% | |||
Aptargroup, Inc. | 299,993 | 35,516,171 | |
Berry Global Group, Inc. (b) | 622,227 | 32,069,580 | |
Crown Holdings, Inc. (b) | 635,188 | 48,814,198 | |
Graphic Packaging Holding Co. | 1,317,939 | 18,424,787 | |
Greif, Inc.: | |||
Class A | 107,219 | 3,951,020 | |
Class B | 47,597 | 1,952,905 | |
Myers Industries, Inc. | 180,866 | 2,767,250 | |
O-I Glass, Inc. | 744,365 | 8,098,691 | |
Ranpak Holdings Corp. (A Shares) (a)(b) | 121,261 | 1,084,073 | |
Silgan Holdings, Inc. | 363,764 | 13,844,858 | |
Sonoco Products Co. | 468,730 | 24,856,752 | |
UFP Technologies, Inc. (b) | 36,463 | 1,502,640 | |
192,882,925 | |||
Metals & Mining - 0.9% | |||
Alcoa Corp. (b) | 878,311 | 12,840,907 | |
Allegheny Technologies, Inc. (a)(b) | 597,618 | 4,978,158 | |
Ampco-Pittsburgh Corp. (a)(b) | 38,813 | 134,293 | |
Ampco-Pittsburgh Corp. rights 9/16/20 (b)(c) | 38,813 | 2,717 | |
Arconic Rolled Products Corp. (b) | 447,653 | 9,960,279 | |
Carpenter Technology Corp. | 218,968 | 4,604,897 | |
Century Aluminum Co. (b) | 242,752 | 2,395,962 | |
Cleveland-Cliffs, Inc. (a) | 1,892,511 | 12,452,722 | |
Coeur d'Alene Mines Corp. (b) | 1,158,829 | 9,803,693 | |
Commercial Metals Co. | 560,556 | 11,698,804 | |
Compass Minerals International, Inc. | 157,490 | 8,965,906 | |
Comstock Mining, Inc. (b) | 8,793 | 10,024 | |
Contura Energy, Inc. (b) | 85,195 | 352,707 | |
Friedman Industries | 25,968 | 157,366 | |
General Moly, Inc. (b) | 199,078 | 24,885 | |
Gold Resource Corp. (a) | 343,295 | 1,366,314 | |
Golden Minerals Co. (a)(b) | 162,066 | 75,490 | |
Haynes International, Inc. | 62,561 | 1,172,393 | |
Hecla Mining Co. | 2,498,160 | 15,038,923 | |
Kaiser Aluminum Corp. | 74,433 | 4,784,553 | |
Materion Corp. | 95,606 | 5,219,132 | |
McEwen Mining, Inc. (a)(b) | 1,429,385 | 1,801,025 | |
Olympic Steel, Inc. | 44,454 | 488,994 | |
Paramount Gold Nevada Corp. (a)(b) | 22,322 | 27,233 | |
Ramaco Resources, Inc. (a)(b) | 23,222 | 70,130 | |
Reliance Steel & Aluminum Co. | 300,157 | 31,477,465 | |
Royal Gold, Inc. | 310,580 | 42,338,266 | |
Ryerson Holding Corp. (b) | 81,593 | 449,577 | |
Schnitzer Steel Industries, Inc. Class A | 134,504 | 2,655,109 | |
Solitario Exploration & Royalty Corp. (b) | 56,754 | 19,830 | |
Steel Dynamics, Inc. | 984,568 | 29,064,447 | |
SunCoke Energy, Inc. | 410,858 | 1,470,872 | |
Synalloy Corp. (a)(b) | 36,188 | 228,346 | |
TimkenSteel Corp. (a)(b) | 200,180 | 754,679 | |
U.S. Antimony Corp. (a)(b) | 139,038 | 69,408 | |
U.S. Gold Corp. (b) | 678 | 7,112 | |
United States Steel Corp. (a) | 1,012,517 | 7,928,008 | |
Universal Stainless & Alloy Products, Inc. (b) | 43,484 | 292,212 | |
Warrior Metropolitan Coal, Inc. | 240,914 | 3,726,940 | |
Worthington Industries, Inc. (a) | 173,727 | 7,214,882 | |
236,124,660 | |||
Paper & Forest Products - 0.2% | |||
Boise Cascade Co. | 183,893 | 8,422,299 | |
Clearwater Paper Corp. (b) | 77,929 | 2,623,090 | |
Domtar Corp. | 244,398 | 6,970,231 | |
Louisiana-Pacific Corp. | 532,375 | 17,536,433 | |
Mercer International, Inc. (SBI) | 200,693 | 1,681,807 | |
Neenah, Inc. | 83,987 | 3,718,944 | |
P.H. Glatfelter Co. | 218,953 | 3,282,105 | |
Resolute Forest Products (b) | 413,264 | 1,954,739 | |
Schweitzer-Mauduit International, Inc. | 147,900 | 4,485,807 | |
Verso Corp. | 164,007 | 2,150,132 | |
52,825,587 | |||
TOTAL MATERIALS | 905,899,066 | ||
REAL ESTATE - 7.0% | |||
Equity Real Estate Investment Trusts (REITs) - 6.6% | |||
Acadia Realty Trust (SBI) | 405,483 | 4,598,177 | |
Agree Realty Corp. | 259,950 | 17,395,854 | |
Alexander & Baldwin, Inc. | 329,542 | 3,990,754 | |
Alexanders, Inc. | 10,014 | 2,554,271 | |
Alpine Income Property Trust, Inc. | 30,197 | 438,158 | |
American Assets Trust, Inc. | 235,363 | 6,013,525 | |
American Campus Communities, Inc. | 653,922 | 22,167,956 | |
American Finance Trust, Inc. | 528,595 | 3,612,947 | |
American Homes 4 Rent Class A | 1,212,733 | 34,732,673 | |
Americold Realty Trust | 946,796 | 36,309,627 | |
Apple Hospitality (REIT), Inc. | 995,043 | 10,119,587 | |
Armada Hoffler Properties, Inc. | 279,587 | 2,823,829 | |
Ashford Hospitality Trust, Inc. (a) | 45,350 | 139,678 | |
Bluerock Residential Growth (REIT), Inc. | 113,385 | 840,183 | |
Braemar Hotels & Resorts, Inc. | 164,484 | 393,117 | |
Brandywine Realty Trust (SBI) | 788,850 | 8,779,901 | |
Brixmor Property Group, Inc. | 1,402,747 | 16,552,415 | |
BRT Realty Trust | 53,913 | 719,739 | |
Camden Property Trust (SBI) | 462,273 | 42,039,107 | |
CareTrust (REIT), Inc. | 456,106 | 8,834,773 | |
CatchMark Timber Trust, Inc. | 252,045 | 2,502,807 | |
CBL & Associates Properties, Inc. (a)(b) | 849,300 | 157,970 | |
Cedar Realty Trust, Inc. | 422,277 | 354,797 | |
Chatham Lodging Trust | 228,007 | 1,577,808 | |
CIM Commercial Trust Corp. | 11,746 | 121,336 | |
City Office REIT, Inc. | 216,362 | 1,739,550 | |
Clipper Realty, Inc. | 58,110 | 387,594 | |
Colony Capital, Inc. | 2,289,018 | 6,203,239 | |
Columbia Property Trust, Inc. | 520,468 | 6,141,522 | |
Community Healthcare Trust, Inc. | 102,454 | 4,784,602 | |
Condor Hospitality Trust, Inc. | 9,303 | 42,794 | |
CoreCivic, Inc. | 543,900 | 5,063,709 | |
CorEnergy Infrastructure Trust, Inc. | 66,154 | 591,417 | |
CorePoint Lodging, Inc. | 196,341 | 1,115,217 | |
CoreSite Realty Corp. | 190,799 | 23,363,338 | |
Corporate Office Properties Trust (SBI) | 528,806 | 13,029,780 | |
Cousins Properties, Inc. | 700,882 | 20,921,328 | |
CubeSmart | 921,665 | 29,143,047 | |
CyrusOne, Inc. | 543,893 | 45,431,382 | |
DiamondRock Hospitality Co. | 933,497 | 4,947,534 | |
Diversified Healthcare Trust (SBI) | 1,120,968 | 4,259,678 | |
Douglas Emmett, Inc. | 789,470 | 22,042,002 | |
Easterly Government Properties, Inc. | 366,482 | 8,865,200 | |
EastGroup Properties, Inc. | 186,799 | 24,874,155 | |
Empire State Realty Trust, Inc. | 681,780 | 4,295,214 | |
EPR Properties | 367,355 | 11,869,240 | |
Equity Commonwealth | 575,031 | 18,050,223 | |
Equity Lifestyle Properties, Inc. | 861,978 | 57,140,522 | |
Essential Properties Realty Trust, Inc. | 433,920 | 7,363,622 | |
Farmland Partners, Inc. | 153,535 | 1,027,149 | |
First Industrial Realty Trust, Inc. | 604,250 | 25,771,263 | |
Four Corners Property Trust, Inc. | 337,029 | 8,509,982 | |
Franklin Street Properties Corp. | 548,793 | 2,431,153 | |
Front Yard Residential Corp. Class B | 247,261 | 2,410,795 | |
Gaming & Leisure Properties | 978,011 | 35,550,700 | |
Getty Realty Corp. | 168,816 | 4,944,621 | |
Gladstone Commercial Corp. | 173,582 | 3,403,943 | |
Gladstone Land Corp. | 90,496 | 1,424,407 | |
Global Medical REIT, Inc. | 198,772 | 2,542,294 | |
Global Net Lease, Inc. | 424,571 | 7,429,993 | |
Global Self Storage, Inc. | 94,056 | 374,343 | |
Government Properties Income Trust | 228,401 | 5,445,080 | |
Healthcare Realty Trust, Inc. | 643,659 | 18,569,562 | |
Healthcare Trust of America, Inc. | 1,035,107 | 27,316,474 | |
Hersha Hospitality Trust | 176,585 | 1,135,442 | |
Highwoods Properties, Inc. (SBI) | 496,117 | 18,485,319 | |
Hospitality Properties Trust (SBI) | 743,400 | 6,103,314 | |
Hudson Pacific Properties, Inc. | 726,319 | 17,053,970 | |
Independence Realty Trust, Inc. | 463,032 | 5,422,105 | |
Industrial Logistics Properties Trust | 312,605 | 6,742,890 | |
Investors Real Estate Trust | 58,822 | 4,182,244 | |
Invitation Homes, Inc. | 2,566,736 | 73,485,652 | |
iStar Financial, Inc. | 349,076 | 4,321,561 | |
JBG SMITH Properties | 564,670 | 15,624,419 | |
Jernigan Capital, Inc. | 118,798 | 2,048,078 | |
Kilroy Realty Corp. | 503,996 | 29,493,846 | |
Kite Realty Group Trust | 409,334 | 4,600,914 | |
Lamar Advertising Co. Class A | 408,445 | 28,276,647 | |
Lexington Corporate Properties Trust | 1,321,402 | 15,024,341 | |
Life Storage, Inc. | 223,757 | 23,590,701 | |
LTC Properties, Inc. | 181,350 | 6,617,462 | |
Mack-Cali Realty Corp. | 444,236 | 5,610,701 | |
Medical Properties Trust, Inc. | 2,506,127 | 46,563,840 | |
Monmouth Real Estate Investment Corp. Class A | 484,306 | 7,027,280 | |
National Health Investors, Inc. | 212,004 | 13,197,249 | |
National Retail Properties, Inc. | 816,315 | 28,930,204 | |
National Storage Affiliates Trust | 293,369 | 10,065,490 | |
New Senior Investment Group, Inc. | 420,401 | 1,841,356 | |
NexPoint Residential Trust, Inc. | 104,614 | 4,331,020 | |
Omega Healthcare Investors, Inc. | 1,074,319 | 33,271,659 | |
One Liberty Properties, Inc. | 81,111 | 1,554,087 | |
Outfront Media, Inc. | 684,004 | 11,580,188 | |
Paramount Group, Inc. | 844,943 | 6,252,578 | |
Park Hotels & Resorts, Inc. | 1,114,677 | 10,578,285 | |
Pebblebrook Hotel Trust | 602,454 | 7,602,969 | |
Pennsylvania Real Estate Investment Trust (SBI) (a) | 307,135 | 337,849 | |
Physicians Realty Trust | 974,356 | 17,684,561 | |
Piedmont Office Realty Trust, Inc. Class A | 617,348 | 9,451,598 | |
Plymouth Industrial REIT, Inc. | 80,966 | 1,080,896 | |
Postal Realty Trust, Inc. | 26,432 | 401,766 | |
Potlatch Corp. | 313,904 | 14,452,140 | |
Power (REIT) (b) | 1,204 | 24,501 | |
Preferred Apartment Communities, Inc. Class A | 234,413 | 1,547,126 | |
PS Business Parks, Inc. | 96,971 | 12,237,740 | |
QTS Realty Trust, Inc. Class A | 284,892 | 19,321,375 | |
Ramco-Gershenson Properties Trust (SBI) | 392,047 | 2,297,395 | |
Rayonier, Inc. | 649,482 | 19,016,833 | |
Retail Opportunity Investments Corp. | 576,137 | 6,412,405 | |
Retail Properties America, Inc. | 1,002,046 | 6,322,910 | |
Retail Value, Inc. | 77,763 | 988,368 | |
Rexford Industrial Realty, Inc. | 584,569 | 28,047,621 | |
RLJ Lodging Trust | 773,217 | 7,299,168 | |
Ryman Hospitality Properties, Inc. | 259,813 | 9,914,464 | |
Sabra Health Care REIT, Inc. | 972,648 | 14,424,370 | |
Safety Income and Growth, Inc. | 64,116 | 3,556,515 | |
Saul Centers, Inc. | 62,047 | 1,738,557 | |
Seritage Growth Properties (a)(b) | 165,535 | 2,322,456 | |
SITE Centers Corp. | 691,151 | 5,190,544 | |
Sotherly Hotels, Inc. (a) | 41,362 | 83,551 | |
Spirit Realty Capital, Inc. | 491,080 | 17,438,251 | |
Stag Industrial, Inc. | 707,808 | 22,862,198 | |
Store Capital Corp. | 1,053,538 | 28,487,668 | |
Summit Hotel Properties, Inc. | 510,142 | 3,004,736 | |
Sun Communities, Inc. | 463,295 | 69,068,019 | |
Sunstone Hotel Investors, Inc. | 996,895 | 8,304,135 | |
Tanger Factory Outlet Centers, Inc. (a) | 458,318 | 2,607,829 | |
Taubman Centers, Inc. | 288,768 | 11,059,814 | |
Terreno Realty Corp. | 324,157 | 19,332,723 | |
The GEO Group, Inc. | 570,912 | 6,371,378 | |
The Macerich Co. (a) | 540,918 | 4,289,480 | |
UMH Properties, Inc. | 179,957 | 2,616,575 | |
Uniti Group, Inc. | 919,432 | 9,028,822 | |
Universal Health Realty Income Trust (SBI) | 61,627 | 4,111,753 | |
Urban Edge Properties | 513,188 | 5,419,265 | |
Urstadt Biddle Properties, Inc. Class A | 163,270 | 1,518,411 | |
VEREIT, Inc. | 5,063,660 | 34,027,795 | |
VICI Properties, Inc. | 2,212,749 | 49,432,813 | |
Washington Prime Group, Inc. (a) | 898,894 | 611,248 | |
Washington REIT (SBI) | 393,335 | 8,629,770 | |
Weingarten Realty Investors (SBI) | 564,208 | 9,856,714 | |
Wheeler REIT, Inc. (a)(b) | 33,737 | 95,476 | |
Whitestone REIT Class B | 224,872 | 1,445,927 | |
WP Carey, Inc. | 817,027 | 56,677,163 | |
Xenia Hotels & Resorts, Inc. | 538,329 | 4,834,194 | |
1,712,491,334 | |||
Real Estate Management & Development - 0.4% | |||
Altisource Asset Management Corp. (a)(b) | 2,426 | 57,487 | |
Altisource Portfolio Solutions SA (a)(b) | 44,655 | 503,262 | |
American Realty Investments, Inc. (b) | 2,084 | 17,610 | |
CTO Realty Growth, Inc. | 26,484 | 1,116,830 | |
eXp World Holdings, Inc. (b) | 110,780 | 4,927,494 | |
Forestar Group, Inc. (b) | 80,745 | 1,434,839 | |
FRP Holdings, Inc. (b) | 35,320 | 1,450,946 | |
Griffin Industrial Realty, Inc. | 8,215 | 436,874 | |
Howard Hughes Corp. (b) | 211,899 | 12,525,350 | |
InterGroup Corp. (a)(b) | 1,129 | 32,346 | |
J.W. Mays, Inc. (b) | 15 | 290 | |
Jones Lang LaSalle, Inc. | 243,789 | 25,120,019 | |
Kennedy-Wilson Holdings, Inc. | 590,176 | 8,433,615 | |
Marcus & Millichap, Inc. (b) | 113,091 | 3,190,297 | |
Maui Land & Pineapple, Inc. (a)(b) | 29,867 | 348,249 | |
Newmark Group, Inc. | 738,905 | 3,273,349 | |
RE/MAX Holdings, Inc. | 89,260 | 3,136,596 | |
Realogy Holdings Corp. (a) | 537,293 | 5,953,206 | |
Redfin Corp. (b) | 418,117 | 19,889,826 | |
Stratus Properties, Inc. (b) | 20,176 | 395,450 | |
Tejon Ranch Co. (b) | 98,443 | 1,408,719 | |
The RMR Group, Inc. | 76,054 | 2,146,244 | |
The St. Joe Co. (a)(b) | 147,293 | 3,418,671 | |
Transcontinental Realty Investors, Inc. (b) | 1,782 | 40,986 | |
Trinity Place Holdings, Inc. (a)(b) | 39,666 | 56,722 | |
99,315,277 | |||
TOTAL REAL ESTATE | 1,811,806,611 | ||
UTILITIES - 2.0% | |||
Electric Utilities - 0.6% | |||
Allete, Inc. | 246,390 | 13,295,204 | |
Avangrid, Inc. (a) | 259,096 | 12,446,972 | |
Genie Energy Ltd. Class B | 101,120 | 893,901 | |
Hawaiian Electric Industries, Inc. | 512,996 | 17,754,792 | |
IDACORP, Inc. | 237,422 | 21,344,238 | |
MGE Energy, Inc. | 170,399 | 11,074,231 | |
OGE Energy Corp. | 943,004 | 30,044,107 | |
Otter Tail Corp. | 192,198 | 7,466,892 | |
PNM Resources, Inc. | 377,190 | 16,475,659 | |
Portland General Electric Co. | 421,892 | 16,095,180 | |
Spark Energy, Inc. Class A, (a) | 64,727 | 594,841 | |
147,486,017 | |||
Gas Utilities - 0.5% | |||
Chesapeake Utilities Corp. | 78,808 | 6,446,494 | |
National Fuel Gas Co. (a) | 427,463 | 19,509,411 | |
New Jersey Resources Corp. (a) | 449,144 | 13,537,200 | |
Northwest Natural Holding Co. | 143,075 | 7,312,563 | |
ONE Gas, Inc. | 248,655 | 18,430,309 | |
RGC Resources, Inc. | 49,903 | 1,163,738 | |
South Jersey Industries, Inc. | 438,463 | 9,711,955 | |
Southwest Gas Holdings, Inc. | 260,077 | 16,351,041 | |
Spire, Inc. | 242,735 | 14,129,604 | |
UGI Corp. | 977,629 | 33,757,529 | |
140,349,844 | |||
Independent Power and Renewable Electricity Producers - 0.3% | |||
Clearway Energy, Inc.: | |||
Class A | 144,839 | 3,497,862 | |
Class C | 373,340 | 9,523,903 | |
Ormat Technologies, Inc. (a) | 241,201 | 14,681,905 | |
Sunnova Energy International, Inc. (b) | 111,363 | 2,641,530 | |
Vistra Corp. | 2,113,096 | 40,634,836 | |
70,980,036 | |||
Multi-Utilities - 0.3% | |||
Avista Corp. | 318,392 | 11,735,929 | |
Black Hills Corp. | 295,771 | 16,586,838 | |
MDU Resources Group, Inc. | 943,529 | 22,286,155 | |
NorthWestern Energy Corp. | 240,053 | 12,396,337 | |
Unitil Corp. | 75,558 | 3,188,548 | |
66,193,807 | |||
Water Utilities - 0.3% | |||
American States Water Co. | 173,756 | 13,219,356 | |
Artesian Resources Corp. Class A | 38,728 | 1,362,838 | |
Cadiz, Inc. (a)(b) | 160,708 | 1,681,006 | |
California Water Service Group | 229,585 | 10,409,384 | |
Essential Utilities, Inc. | 1,047,795 | 44,531,288 | |
Global Water Resources, Inc. | 2,400 | 26,520 | |
Middlesex Water Co. | 82,736 | 5,305,860 | |
Pure Cycle Corp. (b) | 81,153 | 792,053 | |
SJW Corp. | 121,345 | 7,587,703 | |
York Water Co. | 65,987 | 3,009,667 | |
87,925,675 | |||
TOTAL UTILITIES | 512,935,379 | ||
TOTAL COMMON STOCKS | |||
(Cost $17,424,840,900) | 25,779,417,107 | ||
Nonconvertible Preferred Stocks - 0.0% | |||
INDUSTRIALS - 0.0% | |||
Air Freight & Logistics - 0.0% | |||
Air T Funding 8.00% | |||
(Cost $1,799) | 86 | 1,849 | |
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 0.13% 11/5/20 (e) | |||
(Cost $799,806) | 800,000 | 799,866 | |
Shares | Value | ||
Money Market Funds - 7.7% | |||
Fidelity Cash Central Fund 0.12% (f) | 39,200,940 | $39,208,780 | |
Fidelity Securities Lending Cash Central Fund 0.11% (f)(g) | 1,941,823,400 | 1,942,017,582 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $1,981,226,362) | 1,981,226,362 | ||
TOTAL INVESTMENT IN SECURITIES - 107.5% | |||
(Cost $19,406,868,867) | 27,761,445,184 | ||
NET OTHER ASSETS (LIABILITIES) - (7.5)% | (1,943,159,125) | ||
NET ASSETS - 100% | $25,818,286,059 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 316 | Sept. 2020 | $24,668,540 | $1,036,314 | $1,036,314 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 84 | Sept. 2020 | 16,176,720 | 532,793 | 532,793 |
TOTAL FUTURES CONTRACTS | $1,569,107 |
The notional amount of futures purchased as a percentage of Net Assets is 0.2%
Legend
(a) Security or a portion of the security is on loan at period end.
(b) Non-income producing
(c) Level 3 security
(d) 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 $7,138,961 or 0.0% of net assets.
(e) 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 $799,866.
(f) 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.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $18,362 |
Fidelity Securities Lending Cash Central Fund | 11,769,789 |
Total | $11,788,151 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
The value, beginning of period, for the Fidelity Cash Central Fund was $1,441,839,200. Net realized gain (loss) and change in net unrealized appreciation (depreciation) was $57,219 and $0, respectively. Purchases and sales of the Fidelity Cash Central Fund were $3,314,423,917 and $2,814,302,754, respectively, during the period.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $1,223,285,547 | $1,222,217,750 | $-- | $1,067,797 |
Consumer Discretionary | 4,465,324,738 | 4,465,324,738 | -- | -- |
Consumer Staples | 693,581,446 | 693,581,446 | -- | -- |
Energy | 379,471,703 | 379,471,703 | -- | -- |
Financials | 3,353,024,615 | 3,353,024,615 | -- | -- |
Health Care | 3,857,310,096 | 3,857,291,221 | 9,314 | 9,561 |
Industrials | 3,055,301,617 | 3,055,271,239 | -- | 30,378 |
Information Technology | 5,521,478,138 | 5,521,478,138 | -- | -- |
Materials | 905,899,066 | 905,896,349 | -- | 2,717 |
Real Estate | 1,811,806,611 | 1,811,806,611 | -- | -- |
Utilities | 512,935,379 | 512,935,379 | -- | -- |
U.S. Government and Government Agency Obligations | 799,866 | -- | 799,866 | -- |
Money Market Funds | 1,981,226,362 | 1,981,226,362 | -- | -- |
Total Investments in Securities: | $27,761,445,184 | $27,759,525,551 | $809,180 | $1,110,453 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $1,569,107 | $1,569,107 | $-- | $-- |
Total Assets | $1,569,107 | $1,569,107 | $-- | $-- |
Total Derivative Instruments: | $1,569,107 | $1,569,107 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $1,569,107 | $0 |
Total Equity Risk | 1,569,107 | 0 |
Total Value of Derivatives | $1,569,107 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Fidelity® Extended Market Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2020 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $1,875,220,332) See accompanying schedule: Unaffiliated issuers (cost $17,425,642,505) | $25,780,218,822 | |
Fidelity Central Funds (cost $1,981,226,362) | 1,981,226,362 | |
Total Investment in Securities (cost $19,406,868,867) | $27,761,445,184 | |
Segregated cash with brokers for derivative instruments | 2,140,159 | |
Cash | 85,204 | |
Receivable for investments sold | 13,880,452 | |
Receivable for fund shares sold | 35,390,347 | |
Dividends receivable | 15,705,053 | |
Distributions receivable from Fidelity Central Funds | 1,598,459 | |
Other receivables | 601,633 | |
Total assets | 27,830,846,491 | |
Liabilities | ||
Payable for fund shares redeemed | $68,497,069 | |
Accrued management fee | 735,527 | |
Payable for daily variation margin on futures contracts | 349,615 | |
Other payables and accrued expenses | 722,486 | |
Collateral on securities loaned | 1,942,255,735 | |
Total liabilities | 2,012,560,432 | |
Net Assets | $25,818,286,059 | |
Net Assets consist of: | ||
Paid in capital | $17,507,386,809 | |
Total accumulated earnings (loss) | 8,310,899,250 | |
Net Assets | $25,818,286,059 | |
Net Asset Value, offering price and redemption price per share ($25,818,286,059 ÷ 378,390,935 shares) | $68.23 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2020 (Unaudited) | ||
Investment Income | ||
Dividends | $140,350,867 | |
Interest | 3,418 | |
Income from Fidelity Central Funds (including $11,769,789 from security lending) | 11,788,151 | |
Total income | 152,142,436 | |
Expenses | ||
Management fee | $4,121,525 | |
Independent trustees' fees and expenses | 70,586 | |
Interest | 12,300 | |
Commitment fees | 15,368 | |
Total expenses before reductions | 4,219,779 | |
Expense reductions | (12,379) | |
Total expenses after reductions | 4,207,400 | |
Net investment income (loss) | 147,935,036 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (23,889,994) | |
Fidelity Central Funds | 57,630 | |
Foreign currency transactions | 10 | |
Futures contracts | 4,020,712 | |
Total net realized gain (loss) | (19,811,642) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 3,569,256,442 | |
Futures contracts | 2,289,482 | |
Total change in net unrealized appreciation (depreciation) | 3,571,545,924 | |
Net gain (loss) | 3,551,734,282 | |
Net increase (decrease) in net assets resulting from operations | $3,699,669,318 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2020 (Unaudited) | Year ended February 29, 2020 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $147,935,036 | $330,898,356 |
Net realized gain (loss) | (19,811,642) | 790,400,611 |
Change in net unrealized appreciation (depreciation) | 3,571,545,924 | (1,129,477,700) |
Net increase (decrease) in net assets resulting from operations | 3,699,669,318 | (8,178,733) |
Distributions to shareholders | (374,336,805) | (1,054,771,848) |
Share transactions | ||
Proceeds from sales of shares | 2,717,523,042 | 6,209,283,364 |
Reinvestment of distributions | 359,782,854 | 1,012,486,919 |
Cost of shares redeemed | (3,767,879,655) | (5,987,353,176) |
Net increase (decrease) in net assets resulting from share transactions | (690,573,759) | 1,234,417,107 |
Total increase (decrease) in net assets | 2,634,758,754 | 171,466,526 |
Net Assets | ||
Beginning of period | 23,183,527,305 | 23,012,060,779 |
End of period | $25,818,286,059 | $23,183,527,305 |
Other Information | ||
Shares | ||
Sold | 49,883,215 | 98,665,057 |
Issued in reinvestment of distributions | 7,473,678 | 15,998,702 |
Redeemed | (68,191,948) | (95,260,892) |
Net increase (decrease) | (10,835,055) | 19,402,867 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Extended Market Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2020 | 2020 A | 2019 | 2018 | 2017 | 2016 A | |
Selected PerShare Data | ||||||
Net asset value, beginning of period | $59.56 | $62.22 | $61.68 | $58.09 | $45.99 | $57.39 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .38 | .86 | .88 | .83 | .81 | .76 |
Net realized and unrealized gain (loss) | 9.26 | (.72) | 2.89 | 6.24 | 13.98 | (8.98) |
Total from investment operations | 9.64 | .14 | 3.77 | 7.07 | 14.79 | (8.22) |
Distributions from net investment income | (.06) | (.92) | (.90) | (.81) | (.76) | (.73) |
Distributions from net realized gain | (.91) | (1.88) | (2.33) | (2.67) | (1.93) | (2.45) |
Total distributions | (.97) | (2.80) | (3.23) | (3.48) | (2.69) | (3.18) |
Redemption fees added to paid in capitalB | | | | | C | C |
Net asset value, end of period | $68.23 | $59.56 | $62.22 | $61.68 | $58.09 | $45.99 |
Total ReturnD,E | 16.87% | - %F | 6.77% | 12.35% | 32.58% | (14.83)% |
Ratios to Average Net AssetsG,H | ||||||
Expenses before reductions | .04%I | .05% | .05% | .05% | .05% | .07% |
Expenses net of fee waivers, if any | .04%I | .05% | .05% | .05% | .05% | .06% |
Expenses net of all reductions | .04%I | .05% | .05% | .05% | .05% | .06% |
Net investment income (loss) | 1.34%I | 1.38% | 1.47% | 1.37% | 1.52% | 1.43% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $25,818,286 | $23,183,527 | $23,012,061 | $2,985,201 | $2,219,377 | $1,109,249 |
Portfolio turnover rateJ | 11%I | 15% | 13%K | 11% | 12% | 12%K |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Amount represents less than .005%.
G Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
H Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment advisor, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
I Annualized
J Amount does not include the portfolio turnover activity of any underlying Fidelity Central Funds.
K Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Nestle SA (Reg. S) (Switzerland, Food Products) | 2.5 |
Roche Holding AG (participation certificate) (Switzerland, Pharmaceuticals) | 1.7 |
Novartis AG (Switzerland, Pharmaceuticals) | 1.4 |
SAP SE (Germany, Software) | 1.2 |
ASML Holding NV (Netherlands) (Netherlands, Semiconductors & Semiconductor Equipment) | 1.1 |
AstraZeneca PLC (United Kingdom) (United Kingdom, Pharmaceuticals) | 1.0 |
Toyota Motor Corp. (Japan, Automobiles) | 1.0 |
LVMH Moet Hennessy Louis Vuitton SE (France, Textiles, Apparel & Luxury Goods) | 0.9 |
AIA Group Ltd. (Hong Kong, Insurance) | 0.9 |
Novo Nordisk A/S Series B (Denmark, Pharmaceuticals) | 0.8 |
12.5 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Financials | 15.7 |
Industrials | 15.4 |
Health Care | 13.8 |
Consumer Staples | 11.5 |
Consumer Discretionary | 11.1 |
Information Technology | 8.3 |
Materials | 7.5 |
Communication Services | 5.3 |
Utilities | 4.1 |
Real Estate | 3.1 |
Geographic Diversification (% of fund's net assets)
As of August 31, 2020 | ||
Japan | 24.8% | |
United Kingdom | 12.7% | |
Switzerland | 10.2% | |
France | 10.1% | |
Germany | 9.4% | |
Australia | 6.7% | |
Netherlands | 5.2% | |
Sweden | 3.1% | |
Hong Kong | 2.6% | |
Other* | 15.2% |
* Includes Short-Term investments and Net Other Assets (Liabilities).
Percentages are based on country or territory of incorporation and are adjusted for the effect of futures contracts, if applicable.
Fidelity® International Index Fund
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 98.3% | |||
Shares | Value | ||
Australia - 6.7% | |||
Afterpay Ltd. (a) | 409,961 | $27,648,414 | |
AGL Energy Ltd. | 1,212,801 | 13,238,620 | |
AMP Ltd. | 6,559,158 | 7,401,692 | |
Ampol Ltd. | 474,005 | 9,096,654 | |
APA Group unit | 2,255,752 | 17,352,703 | |
Aristocrat Leisure Ltd. | 1,100,616 | 23,029,612 | |
ASX Ltd. | 370,987 | 23,898,099 | |
Aurizon Holdings Ltd. | 3,707,573 | 11,895,164 | |
Australia & New Zealand Banking Group Ltd. | 5,435,925 | 73,289,391 | |
BHP Billiton Ltd. | 5,645,268 | 155,876,736 | |
BlueScope Steel Ltd. | 965,128 | 9,033,125 | |
Brambles Ltd. | 2,932,459 | 23,985,842 | |
Cimic Group Ltd. | 184,902 | 2,887,048 | |
Coca-Cola Amatil Ltd. | 972,096 | 6,524,422 | |
Cochlear Ltd. | 125,803 | 17,828,830 | |
Coles Group Ltd. | 2,552,329 | 33,376,198 | |
Commonwealth Bank of Australia | 3,392,669 | 170,854,519 | |
Computershare Ltd. | 928,498 | 9,101,174 | |
Crown Ltd. | 710,184 | 4,719,404 | |
CSL Ltd. | 870,293 | 183,585,415 | |
DEXUS Property Group unit | 2,077,340 | 13,528,815 | |
Evolution Mining Ltd. | 3,103,267 | 12,702,921 | |
Fortescue Metals Group Ltd. | 3,247,199 | 41,720,406 | |
Goodman Group unit | 3,157,626 | 42,642,288 | |
Insurance Australia Group Ltd. | 4,412,037 | 15,522,047 | |
Lendlease Group unit | 1,264,911 | 10,840,706 | |
Macquarie Group Ltd. | 654,904 | 61,682,222 | |
Magellan Financial Group Ltd. | 244,122 | 10,668,092 | |
Medibank Private Ltd. | 5,261,804 | 10,594,703 | |
Mirvac Group unit | 7,494,502 | 11,663,173 | |
National Australia Bank Ltd. | 6,125,528 | 80,666,167 | |
Newcrest Mining Ltd. | 1,548,885 | 36,510,469 | |
Northern Star Resources Ltd. | 1,418,018 | 14,275,978 | |
Orica Ltd. | 774,358 | 9,926,200 | |
Origin Energy Ltd. | 3,370,166 | 13,919,729 | |
Qantas Airways Ltd. | 1,753,448 | 5,095,427 | |
QBE Insurance Group Ltd. | 2,812,284 | 21,756,461 | |
Ramsay Health Care Ltd. | 350,256 | 16,807,035 | |
realestate.com.au Ltd. | 100,448 | 8,458,333 | |
Rio Tinto Ltd. | 711,281 | 51,411,320 | |
Santos Ltd. | 3,390,231 | 14,177,636 | |
Scentre Group unit | 9,956,604 | 16,596,295 | |
SEEK Ltd. | 636,999 | 9,711,151 | |
Sonic Healthcare Ltd. | 866,350 | 20,479,195 | |
South32 Ltd. | 9,302,082 | 14,407,576 | |
SP AusNet | 3,705,789 | 4,988,099 | |
Stockland Corp. Ltd. unit | 4,562,295 | 13,325,086 | |
Suncorp Group Ltd. | 2,415,217 | 16,566,493 | |
Sydney Airport unit | 2,532,491 | 10,684,038 | |
Tabcorp Holdings Ltd. | 4,176,976 | 11,152,238 | |
Telstra Corp. Ltd. | 7,958,660 | 16,964,039 | |
The GPT Group unit | 3,703,878 | 10,462,776 | |
TPG Telecom Ltd. (a) | 701,259 | 4,256,668 | |
Transurban Group unit | 5,236,769 | 51,987,621 | |
Treasury Wine Estates Ltd. | 1,381,049 | 9,421,982 | |
Vicinity Centres unit | 7,361,515 | 7,845,606 | |
Washington H. Soul Pattinson & Co. Ltd. | 203,862 | 3,147,002 | |
Wesfarmers Ltd. | 2,174,126 | 76,199,586 | |
Westpac Banking Corp. | 6,921,989 | 88,403,234 | |
WiseTech Global Ltd. | 279,599 | 5,811,230 | |
Woodside Petroleum Ltd. | 1,814,989 | 26,210,672 | |
Woolworths Group Ltd. | 2,418,777 | 71,126,843 | |
TOTAL AUSTRALIA | 1,818,940,620 | ||
Austria - 0.2% | |||
Andritz AG | 137,900 | 4,614,346 | |
Erste Group Bank AG | 533,942 | 12,985,722 | |
OMV AG | 280,917 | 9,138,433 | |
Raiffeisen International Bank-Holding AG | 278,553 | 4,986,168 | |
Verbund AG | 130,252 | 6,994,630 | |
Voestalpine AG | 221,319 | 5,496,151 | |
TOTAL AUSTRIA | 44,215,450 | ||
Bailiwick of Jersey - 0.7% | |||
Experian PLC | 1,740,471 | 65,028,441 | |
Ferguson PLC | 431,160 | 42,281,882 | |
Glencore Xstrata PLC | 19,161,516 | 47,114,859 | |
WPP PLC | 2,379,764 | 20,156,056 | |
TOTAL BAILIWICK OF JERSEY | 174,581,238 | ||
Belgium - 0.9% | |||
Ageas | 340,620 | 14,308,057 | |
Anheuser-Busch InBev SA NV | 1,460,272 | 84,870,314 | |
Colruyt NV | 106,165 | 6,714,676 | |
Elia System Operator SA/NV | 59,113 | 6,355,879 | |
Galapagos Genomics NV (a)(b) | 81,151 | 10,895,164 | |
Groupe Bruxelles Lambert SA | 221,112 | 20,470,570 | |
KBC Groep NV | 478,672 | 27,475,838 | |
Proximus | 290,064 | 5,742,593 | |
Sofina SA | 29,214 | 8,767,926 | |
Solvay SA Class A | 141,784 | 12,290,538 | |
Telenet Group Holding NV | 87,745 | 3,411,468 | |
UCB SA | 241,962 | 28,735,938 | |
Umicore SA | 376,809 | 17,307,607 | |
TOTAL BELGIUM | 247,346,568 | ||
Bermuda - 0.2% | |||
Cheung Kong Infrastructure Holdings Ltd. | 1,260,950 | 6,664,524 | |
Dairy Farm International Holdings Ltd. | 639,407 | 2,672,721 | |
Hongkong Land Holdings Ltd. | 2,230,443 | 8,542,597 | |
Jardine Matheson Holdings Ltd. | 421,057 | 17,684,394 | |
Jardine Strategic Holdings Ltd. | 425,499 | 8,535,510 | |
Kerry Properties Ltd. | 1,248,181 | 3,241,955 | |
TOTAL BERMUDA | 47,341,701 | ||
Cayman Islands - 0.6% | |||
ASM Pacific Technology Ltd. | 585,829 | 6,301,886 | |
BeiGene Ltd. ADR (a) | 77,129 | 18,632,053 | |
Budweiser Brewing Co. APAC Ltd. (c) | 3,298,700 | 11,113,524 | |
Cheung Kong Property Holdings Ltd. | 4,944,925 | 26,839,542 | |
CK Hutchison Holdings Ltd. | 5,168,425 | 33,802,217 | |
Melco Crown Entertainment Ltd. sponsored ADR | 422,237 | 8,242,066 | |
Microport Scientific Corp. | 1,379,000 | 6,251,657 | |
Sands China Ltd. | 4,639,600 | 20,423,882 | |
WH Group Ltd. (c) | 18,268,000 | 15,745,286 | |
Wharf Real Estate Investment Co. Ltd. | 3,194,585 | 13,277,387 | |
Wynn Macau Ltd. | 2,972,000 | 5,578,731 | |
TOTAL CAYMAN ISLANDS | 166,208,231 | ||
Denmark - 2.4% | |||
A.P. Moller - Maersk A/S: | |||
Series A | 6,074 | 8,647,026 | |
Series B | 12,479 | 19,121,097 | |
Ambu A/S Series B | 310,118 | 9,118,120 | |
Carlsberg A/S Series B | 203,907 | 28,655,804 | |
Christian Hansen Holding A/S | 201,545 | 23,141,172 | |
Coloplast A/S Series B | 227,709 | 38,641,151 | |
Danske Bank A/S (a) | 1,309,767 | 20,271,241 | |
DSV A/S | 399,785 | 62,515,577 | |
Genmab A/S (a) | 124,668 | 47,087,895 | |
GN Store Nord A/S | 242,898 | 17,597,269 | |
H Lundbeck A/S | 131,157 | 4,306,262 | |
Novo Nordisk A/S Series B | 3,322,540 | 219,664,390 | |
Novozymes A/S Series B | 408,082 | 24,147,406 | |
ORSTED A/S (c) | 362,086 | 51,233,574 | |
Pandora A/S | 191,006 | 13,951,141 | |
Tryg A/S | 229,917 | 7,058,605 | |
Vestas Wind Systems A/S | 381,450 | 57,997,352 | |
William Demant Holding A/S (a) | 209,103 | 6,241,931 | |
TOTAL DENMARK | 659,397,013 | ||
Finland - 1.2% | |||
Elisa Corp. (A Shares) | 271,850 | 15,990,277 | |
Fortum Corp. | 850,212 | 17,973,648 | |
Kone OYJ (B Shares) | 651,277 | 55,834,149 | |
Neste Oyj | 809,748 | 43,300,476 | |
Nokia Corp. | 10,843,501 | 52,698,525 | |
Nordea Bank ABP (Stockholm Stock Exchange) | 6,209,616 | 50,061,405 | |
Orion Oyj (B Shares) | 201,385 | 9,449,492 | |
Sampo Oyj (A Shares) | 901,704 | 36,323,937 | |
Stora Enso Oyj (R Shares) | 1,115,313 | 16,410,722 | |
UPM-Kymmene Corp. | 1,021,019 | 30,960,383 | |
Wartsila Corp. | 849,391 | 7,261,579 | |
TOTAL FINLAND | 336,264,593 | ||
France - 9.9% | |||
Accor SA (a) | 362,813 | 11,144,465 | |
Aeroports de Paris SA | 56,762 | 5,947,303 | |
Air Liquide SA | 550,644 | 91,371,287 | |
Alstom SA (a) | 369,181 | 20,608,940 | |
Amundi SA (c) | 116,481 | 9,049,069 | |
Arkema SA | 132,068 | 14,641,351 | |
Atos Origin SA (a) | 187,492 | 16,221,409 | |
AXA SA | 3,701,062 | 75,516,730 | |
bioMerieux SA | 79,281 | 12,015,468 | |
BNP Paribas SA (a) | 2,155,614 | 93,916,268 | |
Bollore SA | 1,686,637 | 6,336,132 | |
Bouygues SA | 435,723 | 17,289,004 | |
Bureau Veritas SA | 562,542 | 12,751,524 | |
Capgemini SA | 308,296 | 42,676,984 | |
Carrefour SA | 1,173,351 | 18,846,940 | |
CNP Assurances | 326,658 | 4,373,750 | |
Compagnie de St. Gobain (a) | 990,765 | 40,052,444 | |
Covivio | 99,370 | 7,364,016 | |
Credit Agricole SA (a) | 2,206,922 | 22,626,696 | |
Danone SA | 1,182,888 | 77,782,674 | |
Dassault Aviation SA (a) | 4,788 | 4,356,742 | |
Dassault Systemes SA | 253,211 | 47,697,432 | |
Edenred SA | 474,345 | 24,493,399 | |
EDF SA (a) | 200,740 | 2,108,546 | |
EDF SA | 1,186,703 | 12,464,970 | |
Eiffage SA (a) | 161,333 | 14,866,915 | |
ENGIE (a) | 3,501,243 | 48,697,018 | |
Essilor International SA | 544,928 | 72,897,490 | |
Eurazeo SA (a) | 76,790 | 4,052,203 | |
Faurecia SA (a) | 144,972 | 6,316,315 | |
Gecina SA | 88,568 | 12,175,790 | |
Groupe Eurotunnel SA (a) | 841,366 | 12,891,927 | |
Hermes International SCA | 60,635 | 52,054,905 | |
ICADE | 56,406 | 3,651,681 | |
Iliad SA | 28,081 | 5,998,373 | |
Ingenico SA (b) | 116,010 | 19,686,244 | |
Ipsen SA | 72,271 | 7,486,031 | |
JCDecaux SA (a) | 163,515 | 3,120,139 | |
Kering SA | 145,157 | 89,140,611 | |
Klepierre SA (b) | 376,107 | 6,189,328 | |
L'Oreal SA | 280,357 | 93,036,439 | |
L'Oreal SA (a) | 201,944 | 67,015,093 | |
La Francaise des Jeux SAEM (c) | 164,681 | 6,109,871 | |
Legrand SA | 510,848 | 42,612,470 | |
LVMH Moet Hennessy Louis Vuitton SE | 532,222 | 249,943,511 | |
Michelin CGDE Series B | 324,806 | 36,675,397 | |
Natixis SA (a) | 1,812,301 | 4,985,045 | |
Orange SA | 3,808,548 | 42,544,481 | |
Orpea (a) | 98,925 | 11,881,949 | |
Pernod Ricard SA | 406,649 | 69,636,903 | |
Peugeot Citroen SA | 1,126,141 | 19,311,561 | |
Publicis Groupe SA | 414,649 | 14,532,904 | |
Remy Cointreau SA (b) | 43,271 | 7,120,804 | |
Remy Cointreau SA rights 9/18/20 (a) | 42,819 | 51,098 | |
Renault SA | 369,220 | 10,504,111 | |
Safran SA (a) | 614,174 | 70,927,554 | |
Sanofi SA | 2,166,076 | 219,399,109 | |
Sartorius Stedim Biotech | 52,981 | 18,954,818 | |
Schneider Electric SA | 1,058,902 | 130,955,954 | |
SCOR SE | 303,355 | 8,116,235 | |
SEB SA | 42,998 | 7,547,946 | |
Societe Generale Series A | 1,552,109 | 25,125,072 | |
Sodexo SA | 85,021 | 6,083,530 | |
Sodexo SA (a) | 84,696 | 6,060,275 | |
SR Teleperformance SA | 112,572 | 34,712,887 | |
Suez Environnement SA | 664,412 | 11,500,667 | |
Thales SA | 204,003 | 15,945,777 | |
Total SA | 4,758,555 | 188,781,723 | |
Ubisoft Entertainment SA (a) | 174,204 | 14,335,842 | |
Valeo SA | 438,794 | 13,405,051 | |
Veolia Environnement SA | 1,032,364 | 24,885,826 | |
VINCI SA | 993,094 | 93,044,191 | |
Vivendi SA | 1,588,926 | 45,236,239 | |
Wendel SA | 51,246 | 5,256,222 | |
Worldline SA (a)(c) | 262,176 | 24,097,073 | |
TOTAL FRANCE | 2,691,212,141 | ||
Germany - 8.8% | |||
adidas AG | 364,885 | 110,861,882 | |
Allianz SE | 798,623 | 172,995,233 | |
BASF AG | 1,757,702 | 107,336,607 | |
Bayer AG | 1,882,190 | 125,188,308 | |
Bayerische Motoren Werke AG (BMW) | 634,331 | 45,532,281 | |
Beiersdorf AG | 192,965 | 22,304,794 | |
Brenntag AG | 294,945 | 18,464,483 | |
Carl Zeiss Meditec AG | 76,873 | 8,659,916 | |
Commerzbank AG | 1,930,977 | 11,205,964 | |
Continental AG | 210,339 | 23,078,398 | |
Covestro AG (c) | 332,547 | 15,818,240 | |
Daimler AG (Germany) | 1,639,911 | 83,455,745 | |
Delivery Hero AG (a)(c) | 247,458 | 26,583,267 | |
Deutsche Bank AG (a) | 3,755,766 | 35,967,596 | |
Deutsche Borse AG | 363,411 | 68,694,361 | |
Deutsche Lufthansa AG (a)(b) | 573,542 | 6,000,462 | |
Deutsche Post AG | 1,893,941 | 86,156,327 | |
Deutsche Telekom AG | 6,375,442 | 112,380,178 | |
Deutsche Wohnen AG (Bearer) | 653,280 | 34,800,973 | |
E.ON AG | 4,298,005 | 50,904,736 | |
Evonik Industries AG | 402,532 | 11,672,786 | |
Fraport AG Frankfurt Airport Services Worldwide (b) | 80,322 | 3,657,722 | |
Fresenius Medical Care AG & Co. KGaA | 408,079 | 34,604,875 | |
Fresenius SE & Co. KGaA | 800,125 | 37,047,372 | |
GEA Group AG | 292,374 | 10,662,522 | |
Hannover Reuck SE | 115,161 | 19,597,144 | |
HeidelbergCement AG | 283,946 | 18,033,435 | |
Henkel AG & Co. KGaA | 199,326 | 17,899,393 | |
Hochtief AG | 46,886 | 4,157,190 | |
Infineon Technologies AG | 2,396,801 | 66,646,423 | |
KION Group AG | 123,983 | 10,484,099 | |
Knorr-Bremse AG | 92,346 | 11,734,213 | |
Lanxess AG | 158,720 | 9,282,911 | |
LEG Immobilien AG | 131,951 | 19,408,979 | |
LEG Immobilien AG rights (a)(d) | 130,990 | 562,741 | |
Merck KGaA | 246,588 | 33,443,307 | |
Metro Wholesale & Food Specialist AG | 351,738 | 3,480,538 | |
MTU Aero Engines Holdings AG | 101,709 | 18,843,381 | |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 275,953 | 79,593,868 | |
Nemetschek Se | 110,553 | 8,786,433 | |
Puma AG | 159,225 | 13,144,972 | |
RWE AG | 1,230,368 | 48,893,047 | |
SAP SE | 2,001,189 | 330,886,374 | |
Scout24 AG (c) | 205,146 | 19,083,016 | |
Siemens AG | 1,465,427 | 203,057,805 | |
Siemens Healthineers AG (c) | 285,007 | 12,984,586 | |
Symrise AG | 246,316 | 33,964,906 | |
TeamViewer AG (a)(c) | 249,050 | 13,484,137 | |
Telefonica Deutschland Holding AG | 1,974,903 | 5,458,234 | |
Thyssenkrupp AG (a)(b) | 774,846 | 5,570,167 | |
Uniper SE | 383,614 | 12,561,641 | |
United Internet AG | 202,764 | 9,954,581 | |
Volkswagen AG | 62,548 | 11,211,177 | |
Vonovia SE | 986,398 | 70,627,083 | |
Zalando SE (a)(c) | 290,668 | 25,369,974 | |
TOTAL GERMANY | 2,402,240,783 | ||
Hong Kong - 2.6% | |||
AIA Group Ltd. | 23,159,000 | 237,258,332 | |
Bank of East Asia Ltd. | 2,513,028 | 5,662,522 | |
BOC Hong Kong (Holdings) Ltd. | 7,063,566 | 20,036,668 | |
CLP Holdings Ltd. | 3,149,157 | 30,918,603 | |
Galaxy Entertainment Group Ltd. | 4,151,000 | 32,631,884 | |
Hang Lung Properties Ltd. | 3,857,423 | 10,869,599 | |
Hang Seng Bank Ltd. | 1,461,101 | 22,964,885 | |
Henderson Land Development Co. Ltd. | 2,774,381 | 10,906,029 | |
Hong Kong & China Gas Co. Ltd. | 20,420,705 | 29,691,623 | |
Hong Kong Exchanges and Clearing Ltd. | 2,306,538 | 116,296,536 | |
Link (REIT) | 4,062,256 | 32,316,260 | |
MTR Corp. Ltd. | 3,006,842 | 15,640,235 | |
New World Development Co. Ltd. | 2,942,450 | 15,258,220 | |
PCCW Ltd. | 8,050,863 | 5,045,464 | |
Power Assets Holdings Ltd. | 2,649,176 | 15,162,320 | |
Sino Land Ltd. | 6,037,602 | 7,027,155 | |
SJM Holdings Ltd. | 3,810,000 | 5,226,150 | |
Sun Hung Kai Properties Ltd. | 2,497,676 | 33,510,109 | |
Swire Pacific Ltd. (A Shares) | 936,384 | 5,098,981 | |
Swire Properties Ltd. | 2,224,800 | 6,022,039 | |
Techtronic Industries Co. Ltd. | 2,628,500 | 33,287,706 | |
TOTAL HONG KONG | 690,831,320 | ||
Ireland - 0.8% | |||
CRH PLC | 1,503,017 | 56,056,084 | |
DCC PLC (United Kingdom) | 188,649 | 16,714,262 | |
James Hardie Industries PLC CDI | 848,894 | 19,302,718 | |
Kerry Group PLC Class A | 304,309 | 39,946,186 | |
Kingspan Group PLC (Ireland) | 294,816 | 25,313,354 | |
Paddy Power Betfair PLC (Ireland) | 295,632 | 49,849,573 | |
Smurfit Kappa Group PLC | 435,151 | 15,412,451 | |
TOTAL IRELAND | 222,594,628 | ||
Isle of Man - 0.1% | |||
Gaming VC Holdings SA | 1,118,115 | 12,019,897 | |
Israel - 0.6% | |||
Azrieli Group | 80,759 | 4,357,608 | |
Bank Hapoalim BM (Reg.) | 2,158,413 | 13,087,725 | |
Bank Leumi le-Israel BM | 2,789,913 | 14,305,327 | |
Check Point Software Technologies Ltd. (a) | 221,376 | 27,950,934 | |
CyberArk Software Ltd. (a) | 74,161 | 8,194,791 | |
Elbit Systems Ltd. (Israel) | 50,535 | 6,824,473 | |
Icl Group Ltd. | 1,334,524 | 4,968,983 | |
Israel Discount Bank Ltd. (Class A) | 2,244,262 | 7,198,873 | |
Mizrahi Tefahot Bank Ltd. | 268,097 | 5,467,518 | |
NICE Systems Ltd. (a) | 119,461 | 27,350,549 | |
Teva Pharmaceutical Industries Ltd. sponsored ADR (a) | 2,093,799 | 20,665,796 | |
Wix.com Ltd. (a) | 98,692 | 29,077,624 | |
TOTAL ISRAEL | 169,450,201 | ||
Italy - 1.9% | |||
Assicurazioni Generali SpA | 2,104,645 | 32,663,073 | |
Atlantia SpA (a) | 950,135 | 15,114,135 | |
Davide Campari Milano NV | 1,115,351 | 11,435,987 | |
DiaSorin S.p.A. | 48,220 | 8,717,816 | |
Enel SpA | 15,587,334 | 141,146,318 | |
Eni SpA | 4,846,589 | 45,026,804 | |
FinecoBank SpA | 1,170,017 | 17,732,245 | |
Infrastrutture Wireless Italiane SpA (c) | 454,525 | 4,428,757 | |
Intesa Sanpaolo SpA | 31,701,792 | 68,238,380 | |
Leonardo SpA | 771,788 | 5,220,303 | |
Mediobanca SpA | 1,191,823 | 10,356,912 | |
Moncler SpA | 371,417 | 14,382,829 | |
Nexi SpA (a)(c) | 720,610 | 12,826,004 | |
Pirelli & C. SpA (c) | 766,553 | 3,312,368 | |
Poste Italiane SpA (c) | 1,004,313 | 9,216,441 | |
Prysmian SpA | 461,750 | 12,916,128 | |
Recordati SpA | 199,941 | 10,896,843 | |
Snam Rete Gas SpA | 3,898,241 | 19,956,934 | |
Telecom Italia SpA | 15,695,287 | 7,475,617 | |
Terna SpA | 2,698,113 | 19,505,507 | |
UniCredit SpA | 4,073,519 | 40,104,355 | |
TOTAL ITALY | 510,673,756 | ||
Japan - 24.8% | |||
ABC-MART, Inc. | 61,900 | 3,261,124 | |
ACOM Co. Ltd. | 778,100 | 3,041,433 | |
Advantest Corp. | 380,900 | 18,233,140 | |
AEON Co. Ltd. | 1,253,200 | 31,106,669 | |
AEON MALL Co. Ltd. | 199,240 | 2,639,227 | |
Agc, Inc. | 367,235 | 10,419,121 | |
Air Water, Inc. | 352,700 | 4,961,743 | |
Aisin Seiki Co. Ltd. | 309,200 | 10,640,929 | |
Ajinomoto Co., Inc. | 893,066 | 16,661,459 | |
Alfresa Holdings Corp. | 361,000 | 7,259,878 | |
Amada Co. Ltd. | 623,000 | 5,552,679 | |
Ana Holdings, Inc. (a) | 220,100 | 5,501,721 | |
Aozora Bank Ltd. | 230,700 | 4,149,398 | |
Asahi Group Holdings | 739,303 | 25,917,311 | |
ASAHI INTECC Co. Ltd. | 372,900 | 11,072,752 | |
Asahi Kasei Corp. | 2,394,027 | 20,116,924 | |
Astellas Pharma, Inc. | 3,563,500 | 55,904,751 | |
Bandai Namco Holdings, Inc. | 382,450 | 23,785,093 | |
Bank of Kyoto Ltd. | 108,900 | 4,647,387 | |
Benesse Holdings, Inc. | 134,700 | 3,435,063 | |
Bridgestone Corp. | 1,027,179 | 32,595,464 | |
Brother Industries Ltd. | 424,200 | 7,028,948 | |
Calbee, Inc. | 166,000 | 5,179,908 | |
Canon, Inc. | 1,917,944 | 32,895,955 | |
Casio Computer Co. Ltd. | 368,600 | 5,947,575 | |
Central Japan Railway Co. | 276,600 | 41,468,391 | |
Chiba Bank Ltd. | 1,010,974 | 5,249,830 | |
Chubu Electric Power Co., Inc. | 1,229,564 | 15,201,946 | |
Chugai Pharmaceutical Co. Ltd. | 1,285,775 | 57,311,465 | |
Chugoku Electric Power Co., Inc. | 549,500 | 6,703,054 | |
Coca-Cola West Co. Ltd. | 234,500 | 3,914,422 | |
Concordia Financial Group Ltd. | 2,004,984 | 6,663,403 | |
Cosmos Pharmaceutical Corp. | 38,100 | 6,708,823 | |
CyberAgent, Inc. | 193,200 | 10,306,189 | |
Dai Nippon Printing Co. Ltd. | 459,721 | 9,783,422 | |
Dai-ichi Mutual Life Insurance Co. | 2,063,600 | 31,280,837 | |
Daicel Chemical Industries Ltd. | 509,900 | 3,706,963 | |
Daifuku Co. Ltd. | 194,300 | 17,115,791 | |
Daiichi Sankyo Kabushiki Kaisha | 1,086,770 | 96,933,543 | |
Daikin Industries Ltd. | 476,894 | 89,830,256 | |
Dainippon Sumitomo Pharma Co. Ltd. | 339,300 | 4,299,113 | |
Daito Trust Construction Co. Ltd. | 125,063 | 11,100,574 | |
Daiwa House Industry Co. Ltd. | 1,082,384 | 29,028,105 | |
Daiwa House REIT Investment Corp. | 3,788 | 9,906,774 | |
Daiwa Securities Group, Inc. | 2,738,285 | 12,358,025 | |
DENSO Corp. | 831,838 | 34,995,238 | |
Dentsu Group, Inc. | 413,100 | 10,858,428 | |
Disco Corp. | 55,400 | 12,935,297 | |
East Japan Railway Co. | 580,400 | 37,783,301 | |
Eisai Co. Ltd. | 482,778 | 42,231,395 | |
Electric Power Development Co. Ltd. | 257,980 | 3,894,727 | |
FamilyMart Co. Ltd. (b) | 487,900 | 10,825,332 | |
Fanuc Corp. | 370,872 | 65,062,980 | |
Fast Retailing Co. Ltd. | 111,767 | 66,776,337 | |
Fuji Electric Co. Ltd. | 240,630 | 7,531,402 | |
Fujifilm Holdings Corp. | 689,305 | 32,839,853 | |
Fujitsu Ltd. | 376,507 | 49,127,383 | |
Fukuoka Financial Group, Inc. | 326,160 | 5,404,436 | |
GLP J-REIT | 6,963 | 10,755,292 | |
GMO Payment Gateway, Inc. | 78,000 | 8,255,488 | |
Hakuhodo DY Holdings, Inc. | 442,100 | 5,509,814 | |
Hamamatsu Photonics K.K. | 267,800 | 12,212,378 | |
Hankyu Hanshin Holdings, Inc. | 437,400 | 14,226,908 | |
Hikari Tsushin, Inc. | 40,000 | 9,675,683 | |
Hino Motors Ltd. | 560,400 | 3,777,799 | |
Hirose Electric Co. Ltd. | 62,377 | 7,073,104 | |
Hisamitsu Pharmaceutical Co., Inc. | 96,700 | 4,464,552 | |
Hitachi Construction Machinery Co. Ltd. | 203,900 | 7,161,479 | |
Hitachi Ltd. | 1,853,154 | 61,763,052 | |
Hitachi Metals Ltd. | 410,700 | 6,169,322 | |
Honda Motor Co. Ltd. | 3,128,560 | 79,649,307 | |
Hoshizaki Corp. | 96,100 | 7,358,457 | |
Hoya Corp. | 723,516 | 71,145,911 | |
Hulic Co. Ltd. | 574,000 | 5,235,179 | |
Idemitsu Kosan Co. Ltd. | 374,515 | 8,260,086 | |
Iida Group Holdings Co. Ltd. | 287,100 | 5,611,075 | |
INPEX Corp. | 1,946,100 | 12,380,514 | |
Isetan Mitsukoshi Holdings Ltd. | 638,187 | 3,518,871 | |
Isuzu Motors Ltd. | 1,049,000 | 10,389,473 | |
IT Holdings Corp. | 424,500 | 8,496,813 | |
ITO EN Ltd. | 102,000 | 6,173,063 | |
Itochu Corp. | 2,577,086 | 66,267,231 | |
ITOCHU Techno-Solutions Corp. | 181,100 | 6,565,869 | |
Japan Airlines Co. Ltd. | 214,100 | 4,244,972 | |
Japan Airport Terminal Co. Ltd. | 96,100 | 4,327,971 | |
Japan Exchange Group, Inc. | 975,400 | 25,307,078 | |
Japan Post Bank Co. Ltd. | 772,800 | 6,223,844 | |
Japan Post Holdings Co. Ltd. | 3,010,800 | 22,277,902 | |
Japan Post Insurance Co. Ltd. | 424,100 | 6,783,037 | |
Japan Prime Realty Investment Corp. | 1,552 | 4,696,370 | |
Japan Real Estate Investment Corp. | 2,511 | 14,082,368 | |
Japan Retail Fund Investment Corp. | 5,008 | 7,560,583 | |
Japan Tobacco, Inc. | 2,289,700 | 42,858,238 | |
JFE Holdings, Inc. | 937,675 | 7,109,031 | |
JGC Corp. | 418,217 | 4,623,822 | |
JSR Corp. | 385,216 | 8,219,687 | |
JTEKT Corp. | 389,700 | 3,013,400 | |
JX Holdings, Inc. | 5,896,500 | 23,137,284 | |
Kajima Corp. | 857,158 | 10,690,702 | |
Kakaku.com, Inc. | 258,800 | 6,907,686 | |
Kamigumi Co. Ltd. | 183,931 | 3,803,134 | |
Kansai Electric Power Co., Inc. | 1,335,436 | 13,163,340 | |
Kansai Paint Co. Ltd. | 336,800 | 8,041,988 | |
Kao Corp. | 922,850 | 70,306,157 | |
Kawasaki Heavy Industries Ltd. | 276,494 | 3,921,012 | |
KDDI Corp. | 3,145,000 | 91,418,429 | |
Keihan Electric Railway Co., Ltd. | 183,400 | 7,913,308 | |
Keihin Electric Express Railway Co. Ltd. | 418,730 | 6,254,363 | |
Keio Corp. | 197,382 | 11,945,604 | |
Keisei Electric Railway Co. | 245,300 | 7,225,945 | |
Keyence Corp. | 349,448 | 144,114,513 | |
Kikkoman Corp. | 278,349 | 15,137,518 | |
Kintetsu Group Holdings Co. Ltd. | 327,210 | 14,396,437 | |
Kirin Holdings Co. Ltd. | 1,574,056 | 30,986,232 | |
Kobayashi Pharmaceutical Co. Ltd. | 94,400 | 8,413,690 | |
Kobe Bussan Co. Ltd. | 119,900 | 7,075,249 | |
Koito Manufacturing Co. Ltd. | 199,300 | 9,671,926 | |
Komatsu Ltd. | 1,677,445 | 36,489,952 | |
Konami Holdings Corp. | 178,500 | 6,884,506 | |
Kose Corp. | 63,700 | 7,475,721 | |
Kubota Corp. | 1,987,864 | 35,969,800 | |
Kuraray Co. Ltd. | 605,186 | 6,199,564 | |
Kurita Water Industries Ltd. | 188,700 | 5,914,970 | |
Kyocera Corp. | 615,804 | 35,390,634 | |
Kyowa Hakko Kirin Co., Ltd. | 514,689 | 13,324,621 | |
Kyushu Electric Power Co., Inc. | 716,970 | 6,356,369 | |
Kyushu Railway Co. | 283,100 | 6,249,236 | |
Lasertec Corp. | 145,300 | 10,974,838 | |
Lawson, Inc. | 94,716 | 4,677,002 | |
LINE Corp. (a) | 116,300 | 5,929,472 | |
Lion Corp. | 427,600 | 9,067,550 | |
LIXIL Group Corp. | 507,259 | 9,339,140 | |
M3, Inc. | 845,100 | 48,991,304 | |
Makita Corp. | 428,900 | 19,842,421 | |
Marubeni Corp. | 3,148,844 | 19,015,254 | |
Marui Group Co. Ltd. | 364,649 | 6,668,792 | |
Maruichi Steel Tube Ltd. | 110,000 | 2,952,651 | |
Mazda Motor Corp. | 1,114,900 | 7,096,249 | |
McDonald's Holdings Co. (Japan) Ltd. | 125,700 | 6,171,364 | |
Mebuki Financial Group, Inc. | 1,784,310 | 4,329,582 | |
Medipal Holdings Corp. | 348,170 | 6,663,273 | |
Meiji Holdings Co. Ltd. | 218,958 | 17,696,082 | |
Mercari, Inc. (a) | 164,000 | 7,447,859 | |
Minebea Mitsumi, Inc. | 705,600 | 12,251,319 | |
Misumi Group, Inc. | 549,900 | 14,443,863 | |
Mitsubishi Chemical Holdings Corp. | 2,438,075 | 14,267,279 | |
Mitsubishi Corp. | 2,589,402 | 61,425,412 | |
Mitsubishi Electric Corp. | 3,502,706 | 48,382,749 | |
Mitsubishi Estate Co. Ltd. | 2,269,223 | 35,597,545 | |
Mitsubishi Gas Chemical Co., Inc. | 304,133 | 5,438,587 | |
Mitsubishi Heavy Industries Ltd. | 608,425 | 15,128,048 | |
Mitsubishi Materials Corp. | 212,093 | 4,461,532 | |
Mitsubishi Motors Corp. of Japan | 1,265,000 | 3,045,603 | |
Mitsubishi UFJ Financial Group, Inc. | 23,408,830 | 97,670,367 | |
Mitsubishi UFJ Lease & Finance Co. Ltd. | 762,400 | 3,606,311 | |
Mitsui & Co. Ltd. | 3,174,923 | 57,374,334 | |
Mitsui Chemicals, Inc. | 350,836 | 8,257,887 | |
Mitsui Fudosan Co. Ltd. | 1,789,977 | 32,448,245 | |
Miura Co. Ltd. | 166,500 | 6,822,546 | |
Mizuho Financial Group, Inc. | 46,207,600 | 62,551,588 | |
MonotaRO Co. Ltd. | 239,400 | 9,470,670 | |
MS&AD Insurance Group Holdings, Inc. | 855,984 | 23,768,578 | |
Murata Manufacturing Co. Ltd. | 1,099,762 | 65,041,218 | |
Nabtesco Corp. | 214,300 | 6,788,241 | |
Nagoya Railroad Co. Ltd. | 356,000 | 9,945,749 | |
NEC Corp. | 472,754 | 24,951,092 | |
New Hampshire Foods Ltd. | 157,270 | 7,134,800 | |
Nexon Co. Ltd. | 930,200 | 21,806,983 | |
NGK Insulators Ltd. | 497,209 | 7,074,484 | |
NGK Spark Plug Co. Ltd. | 304,500 | 5,246,778 | |
Nidec Corp. | 856,068 | 71,850,062 | |
Nihon M&A Center, Inc. | 286,100 | 14,262,456 | |
Nikon Corp. | 569,838 | 4,476,280 | |
Nintendo Co. Ltd. | 214,496 | 115,464,917 | |
Nippon Building Fund, Inc. | 2,428 | 14,648,463 | |
Nippon Express Co. Ltd. | 139,054 | 8,231,776 | |
Nippon Paint Holdings Co. Ltd. | 280,900 | 24,134,353 | |
Nippon Prologis REIT, Inc. | 4,005 | 13,121,229 | |
Nippon Shinyaku Co. Ltd. | 87,200 | 7,203,890 | |
Nippon Steel & Sumitomo Metal Corp. | 1,544,763 | 15,233,961 | |
Nippon Telegraph & Telephone Corp. | 2,459,900 | 55,976,547 | |
Nippon Yusen KK | 291,057 | 4,556,224 | |
Nissan Chemical Corp. | 236,900 | 12,570,250 | |
Nissan Motor Co. Ltd. | 4,436,048 | 17,878,113 | |
Nisshin Seifun Group, Inc. | 376,693 | 6,227,536 | |
Nissin Food Holdings Co. Ltd. | 121,223 | 12,132,029 | |
Nitori Holdings Co. Ltd. | 153,200 | 32,082,104 | |
Nitto Denko Corp. | 306,894 | 18,660,222 | |
NKSJ Holdings, Inc. | 641,603 | 24,109,710 | |
Nomura Holdings, Inc. | 6,038,247 | 31,014,974 | |
Nomura Real Estate Holdings, Inc. | 219,100 | 4,197,270 | |
Nomura Real Estate Master Fund, Inc. | 8,117 | 10,414,958 | |
Nomura Research Institute Ltd. | 613,265 | 16,322,466 | |
NSK Ltd. | 679,576 | 5,216,403 | |
NTT Data Corp. | 1,219,500 | 13,954,907 | |
NTT DOCOMO, Inc. | 2,217,000 | 61,937,431 | |
Obayashi Corp. | 1,235,504 | 12,096,659 | |
OBIC Co. Ltd. | 133,600 | 23,701,496 | |
Odakyu Electric Railway Co. Ltd. | 561,300 | 13,900,674 | |
Oji Holdings Corp. | 1,658,452 | 7,500,340 | |
Olympus Corp. | 2,230,616 | 44,205,854 | |
OMRON Corp. | 354,660 | 26,018,111 | |
Ono Pharmaceutical Co. Ltd. | 712,800 | 21,529,030 | |
Oracle Corp. Japan | 73,700 | 8,656,262 | |
Oriental Land Co. Ltd. | 382,924 | 52,025,458 | |
ORIX Corp. | 2,543,280 | 31,744,476 | |
ORIX JREIT, Inc. | 5,028 | 7,486,339 | |
Osaka Gas Co. Ltd. | 714,405 | 13,982,548 | |
Otsuka Corp. | 199,600 | 9,799,556 | |
Otsuka Holdings Co. Ltd. | 749,600 | 32,959,328 | |
Pan Pacific International Holdings Ltd. | 789,500 | 18,568,140 | |
Panasonic Corp. | 4,239,973 | 39,072,031 | |
Park24 Co. Ltd. | 206,100 | 3,728,344 | |
PeptiDream, Inc. (a) | 180,500 | 7,336,567 | |
Persol Holdings Co., Ltd. | 340,500 | 5,320,564 | |
Pigeon Corp. | 222,000 | 10,155,219 | |
Pola Orbis Holdings, Inc. | 178,500 | 3,237,488 | |
Rakuten, Inc. | 1,643,200 | 14,474,868 | |
Recruit Holdings Co. Ltd. | 2,437,200 | 92,371,139 | |
Renesas Electronics Corp. (a) | 1,480,600 | 9,324,083 | |
Resona Holdings, Inc. | 3,987,300 | 14,682,028 | |
Ricoh Co. Ltd. | 1,275,970 | 9,553,361 | |
Rinnai Corp. | 68,500 | 6,344,569 | |
ROHM Co. Ltd. | 171,144 | 11,020,177 | |
Ryohin Keikaku Co. Ltd. | 458,200 | 7,181,344 | |
Santen Pharmaceutical Co. Ltd. | 687,600 | 13,120,329 | |
SBI Holdings, Inc. Japan | 455,060 | 10,367,368 | |
SCSK Corp. | 98,400 | 5,332,729 | |
Secom Co. Ltd. | 401,867 | 38,037,263 | |
Sega Sammy Holdings, Inc. | 324,600 | 3,766,543 | |
Seibu Holdings, Inc. | 409,600 | 4,509,216 | |
Seiko Epson Corp. | 530,700 | 6,343,447 | |
Sekisui Chemical Co. Ltd. | 686,093 | 10,992,776 | |
Sekisui House Ltd. | 1,199,467 | 23,736,797 | |
Seven & i Holdings Co. Ltd. | 1,442,500 | 46,537,789 | |
Seven Bank Ltd. | 1,148,200 | 2,883,644 | |
SG Holdings Co. Ltd. | 306,700 | 14,116,627 | |
Sharp Corp. | 402,800 | 5,008,616 | |
Shimadzu Corp. | 425,400 | 12,711,995 | |
Shimamura Co. Ltd. | 43,200 | 3,568,900 | |
SHIMANO, Inc. | 142,100 | 30,119,860 | |
SHIMIZU Corp. | 1,046,916 | 8,065,746 | |
Shin-Etsu Chemical Co. Ltd. | 678,262 | 82,513,392 | |
Shinsei Bank Ltd. | 293,900 | 3,438,060 | |
Shionogi & Co. Ltd. | 515,391 | 28,618,620 | |
Shiseido Co. Ltd. | 765,950 | 44,627,083 | |
Shizuoka Bank Ltd. | 797,374 | 5,548,455 | |
Showa Denko K.K. | 255,600 | 4,988,200 | |
SMC Corp. | 109,671 | 60,315,685 | |
SoftBank Corp. | 3,662,000 | 48,145,541 | |
SoftBank Group Corp. | 3,003,060 | 185,758,156 | |
Sohgo Security Services Co., Ltd. | 135,900 | 6,357,782 | |
Sony Corp. | 2,434,485 | 190,630,896 | |
Square Enix Holdings Co. Ltd. | 176,700 | 11,661,549 | |
Stanley Electric Co. Ltd. | 248,325 | 7,127,489 | |
Subaru Corp. | 1,187,700 | 24,698,194 | |
Sumco Corp. | 500,400 | 6,793,893 | |
Sumitomo Chemical Co. Ltd. | 2,934,134 | 9,557,440 | |
Sumitomo Corp. | 2,258,242 | 29,306,082 | |
Sumitomo Electric Industries Ltd. | 1,471,006 | 17,346,802 | |
Sumitomo Heavy Industries Ltd. | 209,764 | 4,778,932 | |
Sumitomo Metal Mining Co. Ltd. | 444,332 | 13,579,783 | |
Sumitomo Mitsui Financial Group, Inc. | 2,498,300 | 73,462,966 | |
Sumitomo Mitsui Trust Holdings, Inc. | 651,472 | 18,792,185 | |
Sumitomo Realty & Development Co. Ltd. | 590,800 | 17,464,899 | |
Sumitomo Rubber Industries Ltd. | 331,100 | 3,191,740 | |
Sundrug Co. Ltd. | 136,600 | 5,087,920 | |
Suntory Beverage & Food Ltd. | 264,000 | 10,194,590 | |
Suzuken Co. Ltd. | 127,116 | 4,728,670 | |
Suzuki Motor Corp. | 705,500 | 28,968,697 | |
Sysmex Corp. | 321,000 | 28,055,488 | |
T&D Holdings, Inc. | 1,029,600 | 10,790,313 | |
Taiheiyo Cement Corp. | 234,200 | 5,961,414 | |
Taisei Corp. | 362,618 | 12,547,750 | |
Taisho Pharmaceutical Holdings Co. Ltd. | 63,057 | 3,881,713 | |
Taiyo Nippon Sanso Corp. | 287,800 | 5,070,432 | |
Takeda Pharmaceutical Co. Ltd. | 3,018,427 | 112,548,740 | |
TDK Corp. | 248,125 | 25,792,912 | |
Teijin Ltd. | 343,768 | 5,400,840 | |
Terumo Corp. | 1,236,348 | 50,310,720 | |
THK Co. Ltd. | 228,600 | 5,365,620 | |
Tobu Railway Co. Ltd. | 364,459 | 11,389,881 | |
Toho Co. Ltd. | 215,054 | 8,182,671 | |
Toho Gas Co. Ltd. | 141,800 | 6,252,240 | |
Tohoku Electric Power Co., Inc. | 811,090 | 8,232,278 | |
Tokio Marine Holdings, Inc. | 1,223,400 | 56,483,274 | |
Tokyo Century Corp. | 81,800 | 4,201,407 | |
Tokyo Electric Power Co., Inc. (a) | 2,742,218 | 8,077,912 | |
Tokyo Electron Ltd. | 286,018 | 73,317,176 | |
Tokyo Gas Co. Ltd. | 718,179 | 15,978,745 | |
Tokyu Corp. | 975,277 | 13,057,100 | |
Tokyu Fudosan Holdings Corp. | 1,160,500 | 4,996,346 | |
Toppan Printing Co. Ltd. | 496,706 | 7,728,570 | |
Toray Industries, Inc. | 2,632,783 | 12,520,727 | |
Toshiba Corp. | 738,888 | 21,312,400 | |
Tosoh Corp. | 493,600 | 7,340,037 | |
Toto Ltd. | 269,092 | 11,826,684 | |
Toyo Suisan Kaisha Ltd. | 169,200 | 9,616,995 | |
Toyoda Gosei Co. Ltd. | 126,200 | 2,758,372 | |
Toyota Industries Corp. | 283,286 | 16,529,363 | |
Toyota Motor Corp. | 4,062,963 | 268,336,051 | |
Toyota Tsusho Corp. | 406,000 | 11,844,781 | |
Trend Micro, Inc. | 255,460 | 15,822,288 | |
Tsuruha Holdings, Inc. | 70,500 | 9,425,294 | |
Unicharm Corp. | 771,940 | 33,628,203 | |
United Urban Investment Corp. | 5,699 | 6,349,261 | |
USS Co. Ltd. | 422,800 | 7,149,458 | |
Welcia Holdings Co. Ltd. | 179,800 | 7,698,560 | |
West Japan Railway Co. | 310,200 | 16,316,142 | |
Yahoo! Japan Corp. | 5,080,300 | 33,815,904 | |
Yakult Honsha Co. Ltd. | 228,666 | 13,061,694 | |
Yamada Denki Co. Ltd. | 1,389,450 | 7,464,448 | |
Yamaha Corp. | 256,243 | 12,507,920 | |
Yamaha Motor Co. Ltd. | 530,900 | 8,375,904 | |
Yamato Holdings Co. Ltd. | 591,732 | 15,486,769 | |
Yamazaki Baking Co. Ltd. | 234,200 | 3,816,543 | |
Yaskawa Electric Corp. | 464,400 | 16,727,432 | |
Yokogawa Electric Corp. | 437,000 | 7,150,271 | |
Yokohama Rubber Co. Ltd. | 222,190 | 3,484,470 | |
Zozo, Inc. | 212,800 | 5,995,328 | |
TOTAL JAPAN | 6,741,305,012 | ||
Luxembourg - 0.2% | |||
ArcelorMittal SA (Netherlands) (a) | 1,372,327 | 17,362,540 | |
Aroundtown SA | 2,203,794 | 12,050,191 | |
Eurofins Scientific SA (a) | 25,284 | 20,263,959 | |
SES SA (France) (depositary receipt) | 728,378 | 5,171,799 | |
Tenaris SA | 889,705 | 5,212,674 | |
TOTAL LUXEMBOURG | 60,061,163 | ||
Malta - 0.0% | |||
BGP Holdings PLC (a)(e) | 5,796,476 | 69 | |
Multi-National - 0.1% | |||
HK Electric Investments & HK Electric Investments Ltd. unit | 5,040,500 | 5,129,951 | |
HKT Trust/HKT Ltd. unit | 7,217,760 | 10,313,654 | |
TOTAL MULTI-NATIONAL | 15,443,605 | ||
Netherlands - 5.2% | |||
ABN AMRO Group NV GDR (c) | 807,272 | 7,691,451 | |
Adyen BV (a)(c) | 34,659 | 58,423,018 | |
AEGON NV | 3,418,479 | 9,465,649 | |
AEGON NV rights 9/11/20 (a)(d) | 3,418,479 | 244,767 | |
AerCap Holdings NV (a) | 250,331 | 7,402,288 | |
Airbus Group NV | 1,127,170 | 92,695,744 | |
Akzo Nobel NV | 381,469 | 37,756,447 | |
Altice Europe NV Class A (a) | 1,207,500 | 5,343,117 | |
Argenx SE (a) | 85,482 | 19,809,578 | |
ASML Holding NV (Netherlands) | 815,680 | 304,824,695 | |
CNH Industrial NV | 1,958,664 | 15,506,124 | |
EXOR NV | 207,419 | 12,227,659 | |
Ferrari NV | 241,699 | 47,072,021 | |
Fiat Chrysler Automobiles NV (Italy) | 2,103,169 | 23,168,118 | |
Heineken Holding NV | 218,802 | 17,925,021 | |
Heineken NV (Bearer) | 494,843 | 45,800,801 | |
ING Groep NV (Certificaten Van Aandelen) | 7,472,182 | 60,988,453 | |
Koninklijke Ahold Delhaize NV | 2,105,706 | 63,351,866 | |
Koninklijke DSM NV | 329,078 | 52,799,219 | |
Koninklijke KPN NV | 6,788,619 | 17,814,652 | |
Koninklijke Philips Electronics NV | 1,782,522 | 84,350,999 | |
NN Group NV | 554,771 | 20,887,235 | |
NN Group NV rights (a)(d)(f) | 554,771 | 1,496,201 | |
Prosus NV | 933,275 | 93,544,203 | |
QIAGEN NV (Germany) (a) | 441,265 | 22,416,663 | |
Randstad NV | 227,420 | 11,851,674 | |
STMicroelectronics NV (France) | 1,220,159 | 36,903,784 | |
Takeaway.com Holding BV (a)(c) | 242,074 | 26,935,079 | |
Unibail-Rodamco SE & WFD Unibail-Rodamco NV unit (b) | 264,709 | 12,370,271 | |
Unilever NV | 2,798,841 | 162,631,227 | |
Vopak NV | 134,364 | 7,378,998 | |
Wolters Kluwer NV | 522,326 | 42,884,260 | |
TOTAL NETHERLANDS | 1,423,961,282 | ||
New Zealand - 0.3% | |||
Auckland International Airport Ltd. | 2,405,380 | 10,742,350 | |
Fisher & Paykel Healthcare Corp. | 1,101,086 | 27,331,333 | |
Mercury Nz Ltd. | 1,319,746 | 4,613,811 | |
Meridian Energy Ltd. | 2,454,058 | 8,397,512 | |
Ryman Healthcare Group Ltd. | 765,226 | 6,927,732 | |
Spark New Zealand Ltd. | 3,511,955 | 11,426,103 | |
The a2 Milk Co. Ltd. (a) | 1,418,744 | 17,765,830 | |
TOTAL NEW ZEALAND | 87,204,671 | ||
Norway - 0.6% | |||
Adevinta ASA Class B (a) | 458,936 | 8,563,317 | |
DNB ASA | 1,820,291 | 29,159,493 | |
Equinor ASA | 1,923,692 | 31,181,793 | |
Gjensidige Forsikring ASA (a) | 381,895 | 8,135,657 | |
Mowi ASA | 841,047 | 16,448,926 | |
Norsk Hydro ASA | 2,557,619 | 8,165,573 | |
Orkla ASA | 1,432,628 | 14,582,607 | |
Schibsted ASA (B Shares) | 186,943 | 7,408,641 | |
Telenor ASA | 1,375,616 | 22,387,825 | |
Yara International ASA | 337,165 | 14,126,217 | |
TOTAL NORWAY | 160,160,049 | ||
Papua New Guinea - 0.0% | |||
Oil Search Ltd. ADR | 3,750,551 | 9,045,536 | |
Portugal - 0.2% | |||
Banco Espirito Santo SA (Reg.) (a)(e) | 2,598,658 | 31 | |
Energias de Portugal SA | 5,303,587 | 26,847,769 | |
Galp Energia SGPS SA Class B | 968,563 | 10,400,583 | |
Jeronimo Martins SGPS SA | 479,931 | 7,877,841 | |
TOTAL PORTUGAL | 45,126,224 | ||
Singapore - 1.0% | |||
Ascendas Real Estate Investment Trust | 5,958,084 | 14,538,855 | |
CapitaCommercial Trust (REIT) | 5,337,753 | 6,591,029 | |
CapitaLand Ltd. | 5,094,910 | 10,372,938 | |
CapitaMall Trust | 4,905,700 | 7,067,121 | |
City Developments Ltd. | 862,600 | 5,091,087 | |
DBS Group Holdings Ltd. | 3,432,408 | 52,651,027 | |
Genting Singapore Ltd. | 11,636,059 | 5,986,727 | |
Jardine Cycle & Carriage Ltd. | 186,230 | 2,593,847 | |
Keppel Corp. Ltd. | 2,777,800 | 9,350,868 | |
Mapletree Commercial Trust | 4,293,700 | 6,059,244 | |
Mapletree Logistics Trust (REIT) | 5,234,700 | 7,964,300 | |
Oversea-Chinese Banking Corp. Ltd. | 6,318,764 | 40,265,837 | |
Singapore Airlines Ltd. | 2,587,362 | 6,941,216 | |
Singapore Exchange Ltd. | 1,533,600 | 9,705,116 | |
Singapore Technologies Engineering Ltd. | 2,978,161 | 7,442,393 | |
Singapore Telecommunications Ltd. | 15,527,927 | 26,211,104 | |
Suntec (REIT) | 3,731,900 | 3,840,109 | |
United Overseas Bank Ltd. | 2,247,760 | 32,230,185 | |
UOL Group Ltd. | 880,050 | 4,249,699 | |
Venture Corp. Ltd. | 530,200 | 7,735,453 | |
Wilmar International Ltd. | 3,667,100 | 11,751,539 | |
Yangzijiang Shipbuilding Holdings Ltd. | 4,911,300 | 3,302,958 | |
TOTAL SINGAPORE | 281,942,652 | ||
Spain - 2.3% | |||
ACS Actividades de Construccion y Servicios SA | 539,089 | 13,191,550 | |
Aena Sme SA (a)(c) | 128,955 | 19,251,445 | |
Amadeus IT Holding SA Class A | 862,141 | 48,262,695 | |
Banco Bilbao Vizcaya Argentaria SA | 12,741,495 | 37,313,521 | |
Banco Santander SA (Spain) | 31,795,327 | 70,790,084 | |
Bankinter SA | 1,282,790 | 6,899,394 | |
CaixaBank SA | 6,861,854 | 15,074,544 | |
Cellnex Telecom SA (c) | 604,559 | 38,727,462 | |
Enagas SA | 477,290 | 11,670,572 | |
Endesa SA | 608,076 | 16,856,791 | |
Ferrovial SA | 920,534 | 24,584,861 | |
Gas Natural SDG SA | 560,603 | 10,810,969 | |
Grifols SA | 570,009 | 15,447,802 | |
Iberdrola SA | 11,364,065 | 143,071,789 | |
Inditex SA | 2,085,223 | 58,630,726 | |
MAPFRE SA (Reg.) | 2,102,188 | 3,983,730 | |
Red Electrica Corporacion SA | 820,834 | 15,697,165 | |
Repsol SA | 2,971,275 | 23,470,697 | |
Siemens Gamesa Renewable Energy SA | 457,779 | 12,258,760 | |
Telefonica SA | 9,589,502 | 37,783,214 | |
TOTAL SPAIN | 623,777,771 | ||
Sweden - 3.1% | |||
Alfa Laval AB | 603,231 | 14,742,888 | |
ASSA ABLOY AB (B Shares) | 1,917,007 | 44,409,959 | |
Atlas Copco AB: | |||
(A Shares) | 1,287,714 | 59,533,958 | |
(B Shares) | 745,160 | 29,919,081 | |
Boliden AB | 523,402 | 15,605,607 | |
Electrolux AB (B Shares) | 431,941 | 9,358,106 | |
Epiroc AB: | |||
Class A | 1,264,300 | 18,858,344 | |
Class B | 745,324 | 10,714,819 | |
EQT AB | 455,036 | 8,390,742 | |
Ericsson (B Shares) | 5,591,907 | 65,201,159 | |
Essity AB Class B | 1,161,319 | 39,955,668 | |
Evolution Gaming Group AB (c) | 243,655 | 18,247,787 | |
H&M Hennes & Mauritz AB (B Shares) | 1,542,306 | 24,687,302 | |
Hexagon AB (B Shares) (a) | 538,469 | 38,994,772 | |
Husqvarna AB (B Shares) | 806,488 | 8,762,485 | |
ICA Gruppen AB | 191,956 | 9,413,829 | |
Industrivarden AB (C Shares) | 300,658 | 7,921,566 | |
Investor AB (B Shares) | 871,826 | 55,576,413 | |
Kinnevik AB (a) | 460,249 | 369,804 | |
Kinnevik AB (B Shares) | 461,581 | 17,825,977 | |
Latour Investment AB Class B | 280,336 | 6,251,799 | |
Lundbergfoeretagen AB | 145,157 | 6,628,710 | |
Lundin Petroleum AB | 353,484 | 8,639,104 | |
Nibe Industrier AB (B Shares) | 596,821 | 16,766,573 | |
Sandvik AB | 2,161,938 | 42,439,949 | |
Securitas AB (B Shares) | 596,171 | 8,484,433 | |
Skandinaviska Enskilda Banken AB (A Shares) (a) | 3,121,996 | 30,946,373 | |
Skanska AB (B Shares) (a) | 649,781 | 13,236,307 | |
SKF AB (B Shares) | 725,145 | 14,469,702 | |
Svenska Cellulosa AB (SCA) (B Shares) | 1,156,439 | 14,900,359 | |
Svenska Handelsbanken AB (A Shares) (a) | 2,983,723 | 30,016,143 | |
Swedbank AB (A Shares) (a) | 1,734,090 | 29,394,006 | |
Swedish Match Co. AB | 324,784 | 24,654,116 | |
Tele2 AB (B Shares) | 953,434 | 13,508,213 | |
Telia Co. AB | 4,793,170 | 18,478,440 | |
Volvo AB (B Shares) | 2,844,674 | 54,362,484 | |
TOTAL SWEDEN | 831,666,977 | ||
Switzerland - 10.2% | |||
ABB Ltd. (Reg.) | 3,525,081 | 89,886,684 | |
Adecco SA (Reg.) | 301,131 | 15,743,626 | |
Alcon, Inc. (Switzerland) (a) | 941,760 | 53,508,262 | |
Baloise Holdings AG | 89,507 | 13,911,979 | |
Banque Cantonale Vaudoise | 58,088 | 6,201,108 | |
Barry Callebaut AG | 5,777 | 12,781,680 | |
Clariant AG (Reg.) | 380,384 | 7,911,078 | |
Coca-Cola HBC AG | 383,619 | 10,225,286 | |
Compagnie Financiere Richemont SA Series A | 1,000,583 | 66,618,298 | |
Credit Suisse Group AG | 4,650,622 | 51,172,380 | |
Ems-Chemie Holding AG | 15,683 | 14,131,095 | |
Galenica AG | 87,110 | 12,860,036 | |
Geberit AG (Reg.) | 70,917 | 40,842,292 | |
Givaudan SA | 17,675 | 74,106,145 | |
Julius Baer Group Ltd. | 430,348 | 20,633,728 | |
Kuehne & Nagel International AG | 103,671 | 20,075,899 | |
LafargeHolcim Ltd. (Reg.) | 1,002,110 | 47,558,514 | |
Lindt & Spruengli AG | 195 | 17,214,448 | |
Lindt & Spruengli AG (participation certificate) | 2,086 | 17,757,365 | |
Logitech International SA (Reg.) | 315,325 | 23,308,830 | |
Lonza Group AG | 142,598 | 88,612,298 | |
Nestle SA (Reg. S) | 5,703,529 | 686,973,718 | |
Novartis AG | 4,254,291 | 366,664,716 | |
Partners Group Holding AG | 35,724 | 36,271,350 | |
Roche Holding AG (participation certificate) | 1,346,493 | 471,028,881 | |
Schindler Holding AG: | |||
(participation certificate) | 78,327 | 20,891,244 | |
(Reg.) | 38,206 | 10,050,763 | |
SGS SA (Reg.) | 11,602 | 30,007,717 | |
Sika AG | 271,553 | 65,068,178 | |
Sonova Holding AG Class B | 104,757 | 24,463,967 | |
Straumann Holding AG | 19,792 | 19,460,291 | |
Swatch Group AG (Bearer) | 57,370 | 12,121,987 | |
Swatch Group AG (Bearer) (Reg.) | 91,503 | 3,607,685 | |
Swiss Life Holding AG | 61,272 | 24,727,060 | |
Swiss Prime Site AG | 146,343 | 13,169,980 | |
Swiss Re Ltd. | 564,027 | 45,407,814 | |
Swisscom AG | 49,404 | 27,326,733 | |
Temenos Group AG | 126,988 | 20,482,162 | |
UBS Group AG | 7,019,867 | 85,306,974 | |
Zurich Insurance Group Ltd. | 288,057 | 106,508,381 | |
TOTAL SWITZERLAND | 2,774,600,632 | ||
United Kingdom - 12.7% | |||
3i Group PLC | 1,860,729 | 23,331,151 | |
Admiral Group PLC | 365,580 | 12,886,731 | |
Anglo American PLC (United Kingdom) | 2,351,931 | 57,615,913 | |
Antofagasta PLC | 753,259 | 10,814,310 | |
Ashtead Group PLC | 862,391 | 30,030,470 | |
Associated British Foods PLC | 682,629 | 18,669,838 | |
AstraZeneca PLC (United Kingdom) | 2,515,062 | 279,172,530 | |
Auto Trader Group PLC (c) | 1,853,548 | 13,856,910 | |
Aveva Group PLC | 123,930 | 8,402,449 | |
Aviva PLC | 7,505,626 | 28,288,536 | |
BAE Systems PLC | 6,161,499 | 42,773,611 | |
Barclays PLC | 33,217,051 | 48,634,139 | |
Barratt Developments PLC | 1,944,585 | 13,652,175 | |
Berkeley Group Holdings PLC | 242,724 | 14,792,191 | |
BHP Billiton PLC | 4,047,299 | 92,125,677 | |
BP PLC | 38,783,070 | 135,305,580 | |
British American Tobacco PLC (United Kingdom) | 4,391,795 | 148,025,620 | |
British Land Co. PLC | 1,688,790 | 8,255,641 | |
BT Group PLC | 17,022,268 | 23,812,602 | |
Bunzl PLC | 644,471 | 20,865,448 | |
Burberry Group PLC | 778,669 | 15,035,595 | |
Coca-Cola European Partners PLC | 391,829 | 16,127,682 | |
Compass Group PLC | 3,417,858 | 55,307,659 | |
Croda International PLC | 246,202 | 19,417,521 | |
Diageo PLC | 4,478,643 | 149,636,578 | |
Direct Line Insurance Group PLC | 2,619,149 | 10,324,884 | |
Evraz PLC | 979,789 | 4,246,154 | |
GlaxoSmithKline PLC | 9,610,335 | 187,721,882 | |
Halma PLC | 727,858 | 21,580,345 | |
Hargreaves Lansdown PLC | 636,055 | 13,744,235 | |
Hikma Pharmaceuticals PLC | 331,053 | 10,492,507 | |
HSBC Holdings PLC (United Kingdom) | 39,036,037 | 167,436,172 | |
Imperial Brands PLC | 1,807,442 | 30,273,709 | |
Informa PLC | 2,876,276 | 15,894,659 | |
InterContinental Hotel Group PLC | 332,458 | 19,195,277 | |
Intertek Group PLC | 309,515 | 24,311,608 | |
J Sainsbury PLC | 3,388,711 | 8,325,882 | |
John David Group PLC | 840,641 | 8,156,010 | |
Johnson Matthey PLC | 370,165 | 11,751,929 | |
Kingfisher PLC | 4,049,715 | 14,727,096 | |
Land Securities Group PLC | 1,344,911 | 10,393,138 | |
Legal & General Group PLC | 11,423,554 | 33,182,657 | |
Lloyds Banking Group PLC | 135,586,483 | 51,123,924 | |
London Stock Exchange Group PLC | 605,780 | 71,555,285 | |
M&G PLC | 4,996,131 | 11,553,940 | |
Melrose Industries PLC | 9,306,637 | 12,664,579 | |
Mondi PLC | 927,148 | 18,107,124 | |
National Grid PLC | 6,725,388 | 75,805,049 | |
Next PLC | 255,345 | 20,609,652 | |
NMC Health PLC (a) | 250,069 | 50,015 | |
Ocado Group PLC (a) | 885,792 | 29,566,539 | |
Pearson PLC | 1,455,134 | 10,721,408 | |
Persimmon PLC | 614,547 | 21,523,187 | |
Prudential PLC | 4,998,952 | 80,590,004 | |
Reckitt Benckiser Group PLC | 1,361,294 | 136,645,265 | |
RELX PLC (London Stock Exchange) | 3,701,606 | 84,241,774 | |
Rentokil Initial PLC | 3,551,375 | 25,303,112 | |
Rio Tinto PLC | 2,150,279 | 133,726,797 | |
Rolls-Royce Holdings PLC | 3,701,966 | 11,689,654 | |
Royal Bank of Scotland Group PLC | 9,287,333 | 14,003,942 | |
Royal Dutch Shell PLC: | |||
Class A (United Kingdom) | 7,834,587 | 115,322,396 | |
Class B (United Kingdom) | 7,156,365 | 100,680,822 | |
rights (a)(d) | 7,156,365 | 1,169,831 | |
rights (a)(d) | 7,834,587 | 1,280,698 | |
RSA Insurance Group PLC | 1,976,266 | 11,869,489 | |
Sage Group PLC | 2,089,704 | 20,688,008 | |
Schroders PLC | 238,655 | 9,245,260 | |
Scottish & Southern Energy PLC | 1,991,122 | 33,560,169 | |
Segro PLC | 2,275,286 | 28,979,303 | |
Severn Trent PLC | 456,742 | 14,238,023 | |
Smith & Nephew PLC | 1,675,669 | 33,816,046 | |
Smiths Group PLC | 761,747 | 14,276,079 | |
Spirax-Sarco Engineering PLC | 141,137 | 19,328,717 | |
St. James's Place Capital PLC | 1,024,709 | 13,421,102 | |
Standard Chartered PLC (United Kingdom) | 5,186,291 | 27,204,207 | |
Standard Life PLC | 4,471,275 | 14,177,389 | |
Taylor Wimpey PLC | 6,923,372 | 11,337,151 | |
Tesco PLC | 18,750,859 | 54,757,031 | |
Unilever PLC | 2,239,702 | 132,415,488 | |
United Utilities Group PLC | 1,304,803 | 14,497,752 | |
Vodafone Group PLC | 51,186,607 | 75,052,040 | |
Vodafone Group PLC sponsored ADR | 7 | 103 | |
Whitbread PLC | 390,583 | 13,204,208 | |
WM Morrison Supermarkets PLC | 4,610,175 | 11,850,779 | |
TOTAL UNITED KINGDOM | 3,460,448,042 | ||
United States of America - 0.0% | |||
NICE Systems Ltd. sponsored ADR (a) | 3 | 690 | |
TOTAL COMMON STOCKS | |||
(Cost $24,283,966,312) | 26,708,062,515 | ||
Nonconvertible Preferred Stocks - 0.8% | |||
France - 0.2% | |||
Air Liquide SA (a) | 355,967 | 59,067,497 | |
Germany - 0.6% | |||
Bayerische Motoren Werke AG (BMW) (non-vtg.) | 108,038 | 6,072,469 | |
Fuchs Petrolub AG | 132,689 | 6,273,606 | |
Henkel AG & Co. KGaA | 340,625 | 34,778,843 | |
Porsche Automobil Holding SE (Germany) | 291,620 | 17,852,643 | |
Sartorius AG (non-vtg.) | 68,133 | 28,863,813 | |
Volkswagen AG | 354,800 | 58,996,637 | |
TOTAL GERMANY | 152,838,011 | ||
Italy - 0.0% | |||
Telecom Italia SpA (Risparmio Shares) | 11,823,229 | 5,584,441 | |
TOTAL NONCONVERTIBLE PREFERRED STOCKS | |||
(Cost $164,512,945) | 217,489,949 | ||
Principal Amount | Value | ||
Government Obligations - 0.0% | |||
United States of America - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 0.13% to 0.17% 11/5/20(g) | |||
(Cost $11,886,417) | 11,890,000 | 11,888,014 | |
Shares | Value | ||
Money Market Funds - 0.9% | |||
Fidelity Cash Central Fund 0.12% (h) | 157,177,381 | 157,208,817 | |
Fidelity Securities Lending Cash Central Fund 0.11% (h)(i) | 79,928,292 | 79,936,285 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $237,146,045) | 237,145,102 | ||
TOTAL INVESTMENT IN SECURITIES - 100.0% | |||
(Cost $24,697,511,719) | 27,174,585,580 | ||
NET OTHER ASSETS (LIABILITIES) - 0.0% | 148,772 | ||
NET ASSETS - 100% | $27,174,734,352 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
ICE E-mini MSCI EAFE Index Contracts (United States) | 2,493 | Sept. 2020 | $236,847,465 | $16,962,983 | $16,962,983 |
The notional amount of futures purchased as a percentage of Net Assets is 0.9%
For the period, the average monthly notional amount at value for futures contracts in the aggregate was $372,251,337.
Categorizations in the Schedule of Investments are based on country or territory of incorporation.
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) 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 $443,588,339 or 1.6% of net assets.
(d) Security or a portion of the security purchased on a delayed delivery or when-issued basis.
(e) Level 3 security
(f) A portion of the security sold on a delayed delivery basis.
(g) Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $11,888,014.
(h) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
(i) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $448,130 |
Fidelity Securities Lending Cash Central Fund | 1,718,002 |
Total | $2,166,132 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $1,456,571,202 | $542,495,871 | $914,075,331 | $-- |
Consumer Discretionary | 3,141,019,690 | 1,833,768,688 | 1,307,251,002 | -- |
Consumer Staples | 3,160,159,271 | 1,207,316,565 | 1,952,842,706 | -- |
Energy | 845,665,725 | 221,464,446 | 624,201,279 | -- |
Financials | 4,297,499,391 | 2,092,765,483 | 2,204,733,808 | 100 |
Health Care | 3,764,632,808 | 1,442,000,553 | 2,322,632,255 | -- |
Industrials | 4,026,392,365 | 2,536,466,790 | 1,489,925,575 | -- |
Information Technology | 2,275,959,804 | 1,308,835,292 | 967,124,512 | -- |
Materials | 2,033,737,544 | 1,441,500,784 | 592,236,760 | -- |
Real Estate | 851,674,750 | 687,307,474 | 164,367,276 | -- |
Utilities | 1,072,239,914 | 759,061,670 | 313,178,244 | -- |
Government Obligations | 11,888,014 | -- | 11,888,014 | -- |
Money Market Funds | 237,145,102 | 237,145,102 | -- | -- |
Total Investments in Securities: | $27,174,585,580 | $14,310,128,718 | $12,864,456,762 | $100 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $16,962,983 | $16,962,983 | $-- | $-- |
Total Assets | $16,962,983 | $16,962,983 | $-- | $-- |
Total Derivative Instruments: | $16,962,983 | $16,962,983 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $16,962,983 | $0 |
Total Equity Risk | 16,962,983 | 0 |
Total Value of Derivatives | $16,962,983 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Fidelity® International Index Fund
Financial Statements
Statement of Assets and Liabilities
August 31, 2020 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $75,723,952) See accompanying schedule: Unaffiliated issuers (cost $24,460,365,674) | $26,937,440,478 | |
Fidelity Central Funds (cost $237,146,045) | 237,145,102 | |
Total Investment in Securities (cost $24,697,511,719) | $27,174,585,580 | |
Segregated cash with brokers for derivative instruments | 19,233,621 | |
Foreign currency held at value (cost $15,654,119) | 15,864,007 | |
Receivable for investments sold | ||
Regular delivery | 14,929,628 | |
Delayed delivery | 1,496,201 | |
Receivable for fund shares sold | 48,941,409 | |
Dividends receivable | 140,979,605 | |
Distributions receivable from Fidelity Central Funds | 225,176 | |
Other receivables | 580,501 | |
Total assets | 27,416,835,728 | |
Liabilities | ||
Payable for investments purchased | ||
Regular delivery | $117,859,446 | |
Delayed delivery | 4,805,788 | |
Payable for fund shares redeemed | 36,116,642 | |
Accrued management fee | 784,506 | |
Payable for daily variation margin on futures contracts | 2,030,788 | |
Other payables and accrued expenses | 574,663 | |
Collateral on securities loaned | 79,929,543 | |
Total liabilities | 242,101,376 | |
Net Assets | $27,174,734,352 | |
Net Assets consist of: | ||
Paid in capital | $26,849,957,932 | |
Total accumulated earnings (loss) | 324,776,420 | |
Net Assets | $27,174,734,352 | |
Net Asset Value, offering price and redemption price per share ($27,174,734,352 ÷ 662,283,113 shares) | $41.03 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2020 (Unaudited) | ||
Investment Income | ||
Dividends | $449,715,969 | |
Interest | 134,643 | |
Income from Fidelity Central Funds (including $1,718,002 from security lending) | 2,166,132 | |
Income before foreign taxes withheld | 452,016,744 | |
Less foreign taxes withheld | (39,714,840) | |
Total income | 412,301,904 | |
Expenses | ||
Management fee | $4,281,519 | |
Independent trustees' fees and expenses | 82,145 | |
Interest | 16,760 | |
Commitment fees | 18,429 | |
Total expenses before reductions | 4,398,853 | |
Expense reductions | (173) | |
Total expenses after reductions | 4,398,680 | |
Net investment income (loss) | 407,903,224 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (1,688,665,895) | |
Fidelity Central Funds | 100,228 | |
Foreign currency transactions | (6,046,691) | |
Futures contracts | (182,395,694) | |
Total net realized gain (loss) | (1,877,008,052) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 2,568,628,650 | |
Fidelity Central Funds | (943) | |
Assets and liabilities in foreign currencies | 5,815,866 | |
Futures contracts | 127,863,456 | |
Total change in net unrealized appreciation (depreciation) | 2,702,307,029 | |
Net gain (loss) | 825,298,977 | |
Net increase (decrease) in net assets resulting from operations | $1,233,202,201 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2020 (Unaudited) | Year ended February 29, 2020 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $407,903,224 | $868,419,785 |
Net realized gain (loss) | (1,877,008,052) | (234,105,513) |
Change in net unrealized appreciation (depreciation) | 2,702,307,029 | (666,277,714) |
Net increase (decrease) in net assets resulting from operations | 1,233,202,201 | (31,963,442) |
Distributions to shareholders | | (930,785,857) |
Share transactions | ||
Proceeds from sales of shares | 4,621,347,242 | 10,557,302,502 |
Reinvestment of distributions | | 870,654,871 |
Cost of shares redeemed | (6,962,006,240) | (7,352,591,536) |
Net increase (decrease) in net assets resulting from share transactions | (2,340,658,998) | 4,075,365,837 |
Total increase (decrease) in net assets | (1,107,456,797) | 3,112,616,538 |
Net Assets | ||
Beginning of period | 28,282,191,149 | 25,169,574,611 |
End of period | $27,174,734,352 | $28,282,191,149 |
Other Information | ||
Shares | ||
Sold | 128,611,057 | 255,518,996 |
Issued in reinvestment of distributions | | 20,541,058 |
Redeemed | (198,054,188) | (178,751,314) |
Net increase (decrease) | (69,443,131) | 97,308,740 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity International Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||||
2020 | 2020 A | 2019 | 2018 | 2017 | 2016 A | |
Selected PerShare Data | ||||||
Net asset value, beginning of period | $38.65 | $39.67 | $43.09 | $36.88 | $32.82 | $39.76 |
Income from Investment Operations | ||||||
Net investment income (loss)B | .61 | 1.28 | 1.23 | 1.13 | 1.11 | 1.16 |
Net realized and unrealized gain (loss) | 1.77 | (.93) | (3.64) | 6.16 | 4.04 | (7.10) |
Total from investment operations | 2.38 | .35 | (2.41) | 7.29 | 5.15 | (5.94) |
Distributions from net investment income | | (1.37) | (1.01) | (1.02) | (1.06) | (1.00) |
Distributions from net realized gain | | | | (.06) | (.03) | |
Total distributions | | (1.37) | (1.01) | (1.08) | (1.09) | (1.00) |
Redemption fees added to paid in capitalB | | | | | C | C |
Net asset value, end of period | $41.03 | $38.65 | $39.67 | $43.09 | $36.88 | $32.82 |
Total ReturnD,E | 6.16% | .58% | (5.43)% | 19.82% | 15.85% | (15.12)% |
Ratios to Average Net AssetsF,G | ||||||
Expenses before reductions | .04%H | .04% | .05% | .05% | .06% | .08% |
Expenses net of fee waivers, if any | .04%H | .04% | .05% | .05% | .05% | .06% |
Expenses net of all reductions | .04%H | .04% | .05% | .05% | .05% | .06% |
Net investment income (loss) | 3.29%H | 3.12% | 3.12% | 2.72% | 3.11% | 3.06% |
Supplemental Data | ||||||
Net assets, end of period (000 omitted) | $27,174,734 | $28,282,191 | $25,169,574 | $6,814,539 | $4,761,598 | $1,734,082 |
Portfolio turnover rateI | 7%H | 2% | 3%J | 2%J | 2% | 1%J |
A For the year ended February 29.
B Calculated based on average shares outstanding during the period.
C Amount represents less than $.005 per share.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment advisor, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
H Annualized
I Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
J Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2020
1. Organization.
Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund (the Funds) are funds of Fidelity Concord Street Trust (the Trust). Each Fund is authorized to issue an unlimited number of shares. Share transactions on the Statement of Changes in Net Assets may contain exchanges between affiliated funds. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust.
Effective after the close of business on April 26, 2019, Fidelity Total Market Index Fund no longer offered Class F, and all outstanding shares of Class F were redeemed. Prior fiscal period dollar and share amounts for Class F, which are presented in the Notes to Financial Statements, are for the period March 1, 2019 through April 26, 2019.
2. Investments in Fidelity Central Funds.
The Funds invest in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Funds' Schedules of Investments list each of the Fidelity Central Funds held as of period end, if any, as an investment of each Fund, but do not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, each Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date ranged from less than .005% to .01%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
Each Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investment Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Funds:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of each Fund's investments to the Fair Value Committee (the Committee) established by each Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, each Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees each Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing each Fund's investments and ratifies the fair value determinations of the Committee.
Each Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 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 each Fund's 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 vendor 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 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 vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors 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 vendors. 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 open-end mutual funds, including the Fidelity Central 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. The aggregate value of investments by input level as of August 31, 2020 is included at the end of each Fund's Schedule of Investments.
Foreign Currency. Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received, and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Realized gains and losses on foreign currency transactions arise from the disposition of foreign currency, realized changes in the value of foreign currency between the trade and settlement dates on security transactions, and the difference between the amounts of dividends, interest and foreign withholding taxes recorded on transaction date and the U.S. dollar equivalent of the amounts actually received or paid. Unrealized gains and losses on assets and liabilities in foreign currencies arise from changes in the value of foreign currency, and from assets and liabilities denominated in foreign currencies, other than investments, which are held at period end.
Investment Transactions and Income. For financial reporting purposes, the Funds' investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost and for certain Funds include proceeds received from litigation. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Funds are informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Funds represent a return of capital or capital gain. The Funds determine the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Deferred Trustee Compensation. Under a Deferred Compensation Plan (the Plan) for the Funds, certain independent Trustees have elected to defer receipt of a portion of their annual compensation. Deferred amounts are invested in a cross-section of Fidelity funds, are marked-to-market and remain in each Fund until distributed in accordance with the Plan. The investment of deferred amounts and the offsetting payable to the Trustees presented below are included in each accompanying Statement of Assets and Liabilities in other receivables and other payables and accrued expenses, respectively.
Fidelity Total Market Index Fund | $1,157,307 |
Fidelity Extended Market Index Fund | 601,633 |
Fidelity International Index Fund | 574,663 |
Income Tax Information and Distributions to Shareholders. Each year, each Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. Each Fund files a U.S. federal tax return, in addition to state and local tax returns as required. Each Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on each Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to short-term capital gains, the short-term gain distributions from the Underlying Funds, futures contracts, foreign currency transactions, passive foreign investment companies (PFIC), market discount, redemptions in kind, partnerships, partnerships (including allocations from Fidelity Central Funds), certain deemed distributions, equity-debt classifications, deferred trustees compensation, capital loss carryforwards, and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows for each Fund:
Tax cost | Gross unrealized appreciation | Gross unrealized depreciation | Net unrealized appreciation (depreciation) | |
Fidelity Total Market Index Fund | $32,639,687,959 | $24,107,236,722 | $(4,258,524,647) | $19,848,712,075 |
Fidelity Extended Market Index Fund | 19,513,091,540 | 11,932,992,876 | (3,683,070,125) | 8,249,922,751 |
Fidelity International Index Fund | 24,757,738,209 | 7,090,741,359 | (4,656,931,005) | 2,433,810,354 |
Capital loss carryforwards are only available to offset future capital gains of the Funds to the extent provided by regulations and may be limited. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.
No expiration | |||
Short-term | Long-term | Total capital loss carryforward | |
Fidelity Total Market Index Fund | $ | $(90,048,317) | $(90,048,317) |
Fidelity International Index Fund | (80,996,893) | (552,799,552) | (633,796,445) |
Delayed Delivery Transactions and When-Issued Securities. During the period, certain Funds transacted in securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. The price of the underlying securities and the date when the securities will be delivered and paid for are fixed at the time the transaction is negotiated. Securities purchased on a delayed delivery or when-issued basis are identified as such in the Schedule of Investments. Compensation for interest forgone in the purchase of a delayed delivery or when-issued debt security may be received. With respect to purchase commitments, each applicable Fund identifies securities as segregated in its records with a value at least equal to the amount of the commitment. Payables and receivables associated with the purchases and sales of delayed delivery securities having the same coupon, settlement date and broker are offset. Delayed delivery or when-issued securities that have been purchased from and sold to different brokers are reflected as both payables and receivables in the Statement of Assets and Liabilities under the caption "Delayed delivery", as applicable. Losses may arise due to changes in the value of the underlying securities or if the counterparty does not perform under the contract's terms, or if the issuer does not issue the securities due to political, economic, or other factors.
Restricted Securities (including Private Placements). The Funds may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of each applicable Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Funds' investment objective allows the Funds to enter into various types of derivative contracts, including futures 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 Funds used derivatives to increase returns and 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 Funds may not achieve their objectives.
The Funds' use of derivatives increased or decreased their exposure to the following risks:
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. |
The Funds are also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Funds will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Funds. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
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 and amounts recognized in the Statement of Assets and Liabilities. 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 fixed price at a specified future date. The Funds used futures contracts to manage their exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity Total Market Index Fund | 658,657,719 | 2,720,560,360 |
Fidelity Extended Market Index Fund | 1,259,751,446 | 1,894,126,890 |
Fidelity International Index Fund | 834,387,780 | 1,880,457,112 |
6. Fees and Other Transactions with Affiliates.
Management Fee and Expense Contract. Fidelity Management & Research Company LLC (the investment adviser) and its affiliates provide the Funds with investment management related services for which the Funds pay a monthly management fee. The management fee is based on an annual rate of .015%, .035% and .035% of average net assets for Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund, respectively. The management fee is reduced by an amount equal to the fees and expenses paid by each Fund to the independent Trustees. Prior to May 1, 2020, the annual management fee rate for Fidelity Extended Market Index Fund was .045%. Under the management contract, the investment adviser pays all other operating expenses, except the compensation of the independent Trustees and certain other expenses such as interest expense, including commitment fees.
Effective April 29, 2020, the Board approved to add an expense contract to each Fund. Under the expense contract, the investment adviser pays all other operating expenses, except the compensation of the independent Trustees, as necessary so that the total expenses do not exceed .015%, .035% and .035% of average net assets for Fidelity Total Market Index Fund, Fidelity Extended Market Index Fund and Fidelity International Index Fund, respectively. These expense contracts will remain in place through April 30, 2021.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Funds. Geode provides discretionary investment advisory services to the Funds and is paid by the investment adviser for providing these services.
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, each fund, along with other registered investment companies having management contracts with Fidelity Management & Research Company LLC (FMR), or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing each fund to borrow from, or lend money to, other participating affiliated funds. At period end, there were no interfund loans outstanding. Activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Total Market Index Fund | Borrower | $39,695,182 | .32% | $27,888 |
Fidelity Extended Market Index Fund | Borrower | $19,678,622 | .56% | $12,300 |
Fidelity International Index Fund | Borrower | $32,128,586 | .74% | $16,630 |
Interfund Trades. Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Prior Fiscal Year Affiliated Redemptions In-Kind. During the prior period, 227,760,667 shares of the Fidelity Total Market Index Fund were redeemed in-kind for investments and cash with a value of $18,972,597,820. The Fund had a net realized gain of $12,280,777,708 on investments delivered through in-kind redemptions. The amount of the in-kind redemptions is included in share transactions in the accompanying Statement of Changes in Net Assets as well as the Notes to Financial Statements. Fidelity Total Market Index Fund recognized no gain or loss for federal income tax purposes.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Commitment fees on the Statement of Operations, and are as follows:
Amount | |
Fidelity Total Market Index Fund | $31,046 |
Fidelity Extended Market Index Fund | 15,368 |
Fidelity International Index Fund | 18,429 |
During the period, there were no borrowings on this line of credit.
8. Security Lending.
Certain Funds lend portfolio securities from time to time in order to earn additional income. Lending agents are used, including National Financial Services (NFS), an affiliate of the Funds. Pursuant to a securities lending agreement, NFS will receive a fee, which is capped at 9.9% of a Fund's daily lending revenue, for its services as lending agent. The Funds may lend securities to certain qualified borrowers, including NFS. On the settlement date of the loan, each applicable Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Funds and any additional required collateral is delivered to the Funds on the next business day. The Funds or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Funds may apply collateral received from the borrower against the obligation. The Funds may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on each applicable Fund's Statement of Assets and Liabilities. Security lending income 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 payments received for lending certain types of securities. Net income from Fidelity Central Funds is presented in the Statement of Operations as a component of income from Fidelity Central Funds. Affiliated security lending activity was as follows:
Total Security Lending Income Fees Paid to NFS | Security Lending Income From Securities Loaned to NFS | Value of Securities Loaned to NFS at Period End | |
Fidelity Total Market Index Fund | $384,564 | $144,854 | $6,771,010 |
Fidelity Extended Market Index Fund | $1,219,577 | $418,984 | $17,203,907 |
Fidelity International Index Fund | $612 | $ | $ |
9. Bank Borrowings.
Each Fund is permitted to have bank borrowings for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity requirements. Each Fund has established borrowing arrangements with certain banks. The interest rate on the borrowings is the bank's base rate, as revised from time to time. Any open loans, including accrued interest, at period end are presented under the caption "Notes payable" in the Statement of Assets and Liabilities, if applicable. Activity in this program during the period for which loans were outstanding was as follows:
Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Total Market Index Fund | $18,630,000 | .59% | $305 |
Fidelity International Index Fund | $8,524,000 | .55% | $130 |
10. Expense Reductions.
Through arrangements with each applicable Fund's custodian and transfer agent, credits realized as a result of certain uninvested cash balances were used to reduce each applicable Fund's expenses. All of the applicable expense reductions are noted in the table below.
Custodian credits | Transfer Agent credits | |
Fidelity Total Market Index Fund | $2,406 | $2 |
Fidelity Extended Market Index Fund | 12,378 | 1 |
Fidelity International Index Fund | 173 | -(a) |
(a) Amount represents less than $1.
11. Distributions to Shareholders.
Distributions to shareholders of each class were as follows:
Six months ended August 31, 2020 | Year ended February 29, 2020 |
|
Fidelity Total Market Index Fund | ||
Distributions to shareholders | ||
Fidelity Total Market Index Fund | $126,619,914 | $ 966,634,210 |
Class F | | 75,433,850 |
Total | $126,619,914 | $1,042,068,060 |
12. Share Transactions.
Share transactions for each class were as follows and may contain automatic conversions between classes or exchanges between affiliated funds:
Shares | Shares | Dollars | Dollars | |
Six months ended August 31, 2020 | Year ended February 29, 2020 | Six months ended August 31, 2020 | Year ended February 29, 2020 | |
Fidelity Total Market Index Fund | ||||
Fidelity Total Market Index Fund | ||||
Shares sold | 55,251,786 | | $4,434,999,345 | $ |
Reinvestment of distributions | 1,500,100 | | 113,722,585 | |
Shares redeemed | (86,349,082) | | (6,936,217,354) | |
Net increase (decrease) | (29,597,196) | | $(2,387,495,424) | $ |
Class F | ||||
Shares sold | | 7,901,740 | $ | $639,001,501 |
Reinvestment of distributions | | 915,904 | | 75,433,850 |
Shares redeemed | | (206,354,024)(a) | | (17,168,346,164)(a) |
Net increase (decrease) | | (197,536,380) | $ | $(16,453,910,813) |
(a) Amount includes in-kind redemptions (see Affiliated Redemptions In-Kind notes for additional details).
13. Other.
The Funds' organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Funds. In the normal course of business, the Funds may also enter into contracts that provide general indemnifications. The Funds' maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Funds. The risk of material loss from such claims is considered remote.
14. Coronavirus (COVID-19) Pandemic.
An outbreak of COVID-19 first detected in China during December 2019 has since spread globally and was declared a pandemic by the World Health Organization during March 2020. Developments that disrupt global economies and financial markets, such as the COVID-19 pandemic, may magnify factors that affect the Funds' performance.
Shareholder Expense Example
As a shareholder, you incur two types of costs: (1) transaction costs, which may include sales charges (loads) on purchase payments or redemption proceeds, as applicable and (2) ongoing costs, which generally include management fees, distribution and/or service (12b-1) fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in a fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2020 to August 31, 2020).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class/Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. If any fund is a shareholder of any underlying mutual funds or exchange-traded funds (ETFs) (the Underlying Funds), such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses incurred presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. If any fund is a shareholder of any Underlying Funds, such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses as presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2020 | Ending Account Value August 31, 2020 | Expenses Paid During Period-B March 1, 2020 to August 31, 2020 |
|
Fidelity Total Market Index Fund | ||||
Fidelity Total Market Index Fund | .02% | |||
Actual | $1,000.00 | $1,191.70 | $.11 | |
Hypothetical-C | $1,000.00 | $1,025.10 | $.10 | |
Fidelity Extended Market Index Fund | .04% | |||
Actual | $1,000.00 | $1,168.70 | $.22 | |
Hypothetical-C | $1,000.00 | $1,025.00 | $.20 | |
Fidelity International Index Fund | .04% | |||
Actual | $1,000.00 | $1,061.60 | $.21 | |
Hypothetical-C | $1,000.00 | $1,025.00 | $.20 |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period). The fees and expenses of any Underlying Funds are not included in each annualized expense ratio.
C 5% return per year before expenses
Proxy Voting Results
A special meeting of shareholders was held on June 9, 2020. The results of votes taken among shareholders on the proposals before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting.
PROPOSAL 1
To elect a Board of Trustees.
# of Votes | % of Votes |
|
Dennis J. Dirks | ||
Affirmative | 153,310,852,719.993 | 94.554 |
Withheld | 8,830,820,397.844 | 5.446 |
TOTAL | 162,141,673,117.837 | 100.000 |
Donald F. Donahue | ||
Affirmative | 153,409,297,334.631 | 94.614 |
Withheld | 8,732,375,783.206 | 5.386 |
TOTAL | 162,141,673,117.837 | 100.000 |
Bettina Doulton | ||
Affirmative | 154,057,198,754.144 | 95.014 |
Withheld | 8,084,474,363.693 | 4.986 |
TOTAL | 162,141,673,117.837 | 100.000 |
Vicki L. Fuller | ||
Affirmative | 154,419,985,979.903 | 95.238 |
Withheld | 7,721,687,137.934 | 4.762 |
TOTAL | 162,141,673,117.837 | 100.00 |
Patricia L. Kampling | ||
Affirmative | 153,773,968,211.778 | 94.839 |
Withheld | 8,367,704,906.059 | 5.161 |
TOTAL | 162,141,673,117.837 | 100.000 |
Alan J. Lacy | ||
Affirmative | 152,412,406,811.772 | 94.000 |
Withheld | 9,729,266,306.065 | 6.000 |
TOTAL | 162,141,673,117.837 | 100.000 |
Ned C. Lautenbach | ||
Affirmative | 151,421,801,314.429 | 93.389 |
Withheld | 10,719,871,803.408 | 6.611 |
TOTAL | 162,141,673,117.837 | 100.000 |
Robert A. Lawrence | ||
Affirmative | 152,467,970,401.411 | 94.034 |
Withheld | 9,673,702,716.426 | 5.966 |
TOTAL | 162,141,673,117.837 | 100.000 |
Joseph Mauriello | ||
Affirmative | 152,391,361,586.517 | 93.987 |
Withheld | 9,750,311,531.320 | 6.013 |
TOTAL | 162,141,673,117.837 | 100.000 |
Cornelia M. Small | ||
Affirmative | 153,101,624,672.870 | 94.425 |
Withheld | 9,040,048,444.967 | 5.575 |
TOTAL | 162,141,673,117.837 | 100.000 |
Garnett A. Smith | ||
Affirmative | 152,502,318,423.900 | 94.055 |
Withheld | 9,639,354,693.937 | 5.945 |
TOTAL | 162,141,673,117.837 | 100.000 |
David M. Thomas | ||
Affirmative | 152,608,626,434.284 | 94.121 |
Withheld | 9,533,046,683.553 | 5.879 |
TOTAL | 162,141,673,117.837 | 100.000 |
Susan Tomasky | ||
Affirmative | 153,605,526,235.885 | 94.735 |
Withheld | 8,536,146,881.952 | 5.265 |
TOTAL | 162,141,673,117.837 | 100.000 |
Michael E. Wiley | ||
Affirmative | 152,567,303,629.801 | 94.095 |
Withheld | 9,574,369,488.036 | 5.905 |
TOTAL | 162,141,673,117.837 | 100.000 |
PROPOSAL 2
For Fidelity International Index Fund, to convert a fundamental investment policy to a non-fundamental investment policy.
# of Votes | % of Votes |
|
Affirmative | 4,552,886,214.423 | 33.164 |
Against | 6,125,563,636.304 | 44.619 |
Abstain | 611,960,242.905 | 4.458 |
Broker Non-Vote | 2,438,119,776.730 | 17.760 |
TOTAL | 13,728,529,870.362 | 100.000 |
PROPOSAL 5
For Fidelity International Index Fund, a shareholder proposal to institute procedures to avoid holding investments in companies that contribute to genocide or crimes against humanity.
# of Votes | % of Votes |
|
Affirmative | 1,973,496,246.662 | 14.375 |
Against | 8,704,867,143.257 | 63.407 |
Abstain | 354,587,922.574 | 2.583 |
Broker Non-Vote | 2,695,578,557.870 | 19.635 |
TOTAL | 13,728,529,870.362 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. | ||
Proposals 2 and 5 were not approved by shareholders. |
SIF-I-SANN-1020
1.929382.108
Fidelity Flex® Funds
Fidelity Flex® 500 Index Fund
Semi-Annual Report
August 31, 2020
See the inside front cover for important information about access to your funds shareholder reports.
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of a funds shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary, such as a financial advisor, broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from a fund electronically, by contacting your financial intermediary. For Fidelity customers, visit Fidelity's web site or call Fidelity using the contact information listed below.
You may elect to receive all future reports in paper free of charge. If you wish to continue receiving paper copies of your shareholder reports, you may contact your financial intermediary or, if you are a Fidelity customer, visit Fidelitys website, or call Fidelity at the applicable toll-free number listed below. Your election to receive reports in paper will apply to all funds held with the fund complex/your financial intermediary.
Account Type | Website | Phone Number |
Brokerage, Mutual Fund, or Annuity Contracts: | fidelity.com/mailpreferences | 1-800-343-3548 |
Employer Provided Retirement Accounts: | netbenefits.fidelity.com/preferences (choose 'no' under Required Disclosures to continue to print) | 1-800-343-0860 |
Advisor Sold Accounts Serviced Through Your Financial Intermediary: | Contact Your Financial Intermediary | Your Financial Intermediary's phone number |
Advisor Sold Accounts Serviced by Fidelity: | institutional.fidelity.com | 1-877-208-0098 |
Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-3455 (for managed account clients) or 1-800-835-5092 (for retirement plan participants) to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2020 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. Forms N-PORT are available on the SECs web site at http://www.sec.gov. A fund's Forms N-PORT may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Note to Shareholders:
Early in 2020, the outbreak and spread of a new coronavirus emerged as a public health emergency that had a major influence on financial markets, primarily based on its impact on the global economy and the outlook for corporate earnings. The virus causes a respiratory disease known as COVID-19. On March 11, the World Health Organization declared the COVID-19 outbreak a pandemic, citing sustained risk of further global spread.
In the weeks following, as the crisis worsened, we witnessed an escalating human tragedy with wide-scale social and economic consequences from coronavirus-containment measures. The outbreak of COVID-19 prompted a number of measures to limit the spread, including travel and border restrictions, quarantines, and restrictions on large gatherings. In turn, these resulted in lower consumer activity, diminished demand for a wide range of products and services, disruption in manufacturing and supply chains, and given the wide variability in outcomes regarding the outbreak significant market uncertainty and volatility. Amid the turmoil, the U.S. government took unprecedented action in concert with the U.S. Federal Reserve and central banks around the world to help support consumers, businesses, and the broader economy, and to limit disruption to the financial system.
The situation continues to unfold, and the extent and duration of its impact on financial markets and the economy remain highly uncertain. Extreme events such as the coronavirus crisis are exogenous shocks that can have significant adverse effects on mutual funds and their investments. Although multiple asset classes may be affected by market disruption, the duration and impact may not be the same for all types of assets.
Fidelity is committed to helping you stay informed amid news about COVID-19 and during increased market volatility, and were taking extra steps to be responsive to customer needs. We encourage you to visit our websites, where we offer ongoing updates, commentary, and analysis on the markets and our funds.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Apple, Inc. | 7.2 |
Microsoft Corp. | 5.9 |
Amazon.com, Inc. | 5.0 |
Facebook, Inc. Class A | 2.4 |
Alphabet, Inc. Class A | 1.7 |
Alphabet, Inc. Class C | 1.6 |
Berkshire Hathaway, Inc. Class B | 1.5 |
Johnson & Johnson | 1.4 |
Visa, Inc. Class A | 1.2 |
Procter & Gamble Co. | 1.1 |
29.0 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Information Technology | 28.5 |
Health Care | 13.9 |
Consumer Discretionary | 11.4 |
Communication Services | 11.0 |
Financials | 9.5 |
Industrials | 7.9 |
Consumer Staples | 6.8 |
Utilities | 2.8 |
Real Estate | 2.6 |
Materials | 2.5 |
Asset Allocation (% of fund's net assets)
As of August 31, 2020* | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 3.0%
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.2% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 11.0% | |||
Diversified Telecommunication Services - 1.6% | |||
AT&T, Inc. | 304,906 | $9,089,248 | |
CenturyLink, Inc. | 42,115 | 452,736 | |
Verizon Communications, Inc. | 177,032 | 10,492,687 | |
20,034,671 | |||
Entertainment - 2.1% | |||
Activision Blizzard, Inc. | 32,982 | 2,754,657 | |
Electronic Arts, Inc. (a) | 12,339 | 1,720,920 | |
Live Nation Entertainment, Inc. (a) | 6,065 | 344,492 | |
Netflix, Inc. (a) | 18,824 | 9,968,437 | |
Take-Two Interactive Software, Inc. (a) | 4,871 | 833,866 | |
The Walt Disney Co. | 77,296 | 10,193,024 | |
25,815,396 | |||
Interactive Media & Services - 5.8% | |||
Alphabet, Inc.: | |||
Class A (a) | 12,832 | 20,910,129 | |
Class C (a) | 12,530 | 20,476,275 | |
Facebook, Inc. Class A (a) | 102,928 | 30,178,490 | |
Twitter, Inc. (a) | 33,538 | 1,360,972 | |
72,925,866 | |||
Media - 1.3% | |||
Charter Communications, Inc. Class A (a) | 6,480 | 3,989,153 | |
Comcast Corp. Class A | 194,865 | 8,731,901 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 6,861 | 151,388 | |
Class C (non-vtg.) (a) | 13,775 | 275,087 | |
DISH Network Corp. Class A (a) | 11,141 | 395,728 | |
Fox Corp.: | |||
Class A | 14,847 | 413,637 | |
Class B | 6,799 | 189,012 | |
Interpublic Group of Companies, Inc. | 16,441 | 291,992 | |
News Corp.: | |||
Class A | 15,796 | 238,836 | |
Class B | 6,063 | 91,369 | |
Omnicom Group, Inc. | 9,075 | 490,867 | |
ViacomCBS, Inc. Class B | 23,178 | 645,507 | |
15,904,477 | |||
Wireless Telecommunication Services - 0.2% | |||
T-Mobile U.S., Inc. | 24,881 | 2,903,115 | |
TOTAL COMMUNICATION SERVICES | 137,583,525 | ||
CONSUMER DISCRETIONARY - 11.4% | |||
Auto Components - 0.1% | |||
Aptiv PLC | 11,455 | 986,505 | |
BorgWarner, Inc. | 8,901 | 361,292 | |
1,347,797 | |||
Automobiles - 0.2% | |||
Ford Motor Co. | 167,167 | 1,140,079 | |
General Motors Co. | 54,541 | 1,616,050 | |
2,756,129 | |||
Distributors - 0.1% | |||
Genuine Parts Co. | 6,205 | 586,000 | |
LKQ Corp. (a) | 12,957 | 411,255 | |
997,255 | |||
Diversified Consumer Services - 0.0% | |||
H&R Block, Inc. | 8,494 | 123,163 | |
Hotels, Restaurants & Leisure - 1.6% | |||
Carnival Corp. (b) | 20,395 | 336,110 | |
Chipotle Mexican Grill, Inc. (a) | 1,096 | 1,436,067 | |
Darden Restaurants, Inc. | 5,525 | 478,852 | |
Domino's Pizza, Inc. | 1,662 | 679,692 | |
Hilton Worldwide Holdings, Inc. | 11,838 | 1,069,682 | |
Las Vegas Sands Corp. | 14,372 | 728,804 | |
Marriott International, Inc. Class A | 11,550 | 1,188,611 | |
McDonald's Corp. | 31,824 | 6,795,060 | |
MGM Mirage, Inc. | 20,995 | 472,388 | |
Norwegian Cruise Line Holdings Ltd. (a)(b) | 11,935 | 204,208 | |
Royal Caribbean Cruises Ltd. | 7,343 | 505,492 | |
Starbucks Corp. | 50,006 | 4,224,007 | |
Wynn Resorts Ltd. | 4,118 | 360,119 | |
Yum! Brands, Inc. | 12,885 | 1,235,027 | |
19,714,119 | |||
Household Durables - 0.4% | |||
D.R. Horton, Inc. | 14,190 | 1,012,740 | |
Garmin Ltd. | 6,179 | 640,206 | |
Leggett & Platt, Inc. | 5,776 | 236,816 | |
Lennar Corp. Class A | 11,730 | 877,639 | |
Mohawk Industries, Inc. (a) | 2,490 | 229,902 | |
Newell Brands, Inc. | 16,205 | 258,956 | |
NVR, Inc. (a) | 147 | 612,746 | |
PulteGroup, Inc. | 10,918 | 486,834 | |
Whirlpool Corp. | 2,656 | 472,024 | |
4,827,863 | |||
Internet & Direct Marketing Retail - 5.4% | |||
Amazon.com, Inc. (a) | 17,933 | 61,886,066 | |
eBay, Inc. | 28,239 | 1,546,932 | |
Expedia, Inc. | 5,806 | 569,859 | |
The Booking Holdings, Inc. (a) | 1,763 | 3,368,123 | |
67,370,980 | |||
Leisure Products - 0.1% | |||
Hasbro, Inc. | 5,424 | 428,171 | |
Multiline Retail - 0.5% | |||
Dollar General Corp. | 10,767 | 2,173,642 | |
Dollar Tree, Inc. (a) | 10,120 | 974,252 | |
Kohl's Corp. | 6,741 | 143,988 | |
Target Corp. | 21,392 | 3,234,684 | |
6,526,566 | |||
Specialty Retail - 2.4% | |||
Advance Auto Parts, Inc. | 2,947 | 460,646 | |
AutoZone, Inc. (a) | 999 | 1,195,114 | |
Best Buy Co., Inc. | 9,715 | 1,077,491 | |
CarMax, Inc. (a) | 6,948 | 742,950 | |
Gap, Inc. | 9,137 | 158,892 | |
L Brands, Inc. | 9,903 | 291,148 | |
Lowe's Companies, Inc. | 32,440 | 5,342,544 | |
O'Reilly Automotive, Inc. (a) | 3,175 | 1,478,375 | |
Ross Stores, Inc. | 15,212 | 1,385,509 | |
The Home Depot, Inc. | 46,006 | 13,113,550 | |
Tiffany & Co., Inc. | 4,650 | 569,625 | |
TJX Companies, Inc. | 51,629 | 2,828,753 | |
Tractor Supply Co. | 4,961 | 738,346 | |
Ulta Beauty, Inc. (a) | 2,412 | 560,018 | |
29,942,961 | |||
Textiles, Apparel & Luxury Goods - 0.6% | |||
Hanesbrands, Inc. | 14,727 | 225,176 | |
NIKE, Inc. Class B | 53,035 | 5,934,086 | |
PVH Corp. | 3,040 | 169,510 | |
Ralph Lauren Corp. | 2,046 | 140,826 | |
Tapestry, Inc. | 11,724 | 172,695 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a) | 8,719 | 85,533 | |
Class C (non-vtg.) (a) | 7,572 | 67,012 | |
VF Corp. | 13,678 | 899,329 | |
7,694,167 | |||
TOTAL CONSUMER DISCRETIONARY | 141,729,171 | ||
CONSUMER STAPLES - 6.8% | |||
Beverages - 1.6% | |||
Brown-Forman Corp. Class B (non-vtg.) | 7,798 | 570,580 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 7,177 | 1,324,013 | |
Molson Coors Beverage Co. Class B | 8,077 | 304,018 | |
Monster Beverage Corp. (a) | 15,994 | 1,341,257 | |
PepsiCo, Inc. | 59,369 | 8,315,222 | |
The Coca-Cola Co. | 165,384 | 8,191,470 | |
20,046,560 | |||
Food & Staples Retailing - 1.5% | |||
Costco Wholesale Corp. | 18,950 | 6,588,157 | |
Kroger Co. | 33,643 | 1,200,382 | |
Sysco Corp. | 21,685 | 1,304,136 | |
Walgreens Boots Alliance, Inc. | 31,480 | 1,196,870 | |
Walmart, Inc. | 60,703 | 8,428,612 | |
18,718,157 | |||
Food Products - 1.1% | |||
Archer Daniels Midland Co. | 23,673 | 1,059,603 | |
Campbell Soup Co. | 7,206 | 379,108 | |
Conagra Brands, Inc. | 20,839 | 799,384 | |
General Mills, Inc. | 25,936 | 1,658,607 | |
Hormel Foods Corp. | 11,904 | 606,866 | |
Kellogg Co. | 10,627 | 753,561 | |
Lamb Weston Holdings, Inc. | 6,218 | 390,801 | |
McCormick & Co., Inc. (non-vtg.) | 5,385 | 1,110,387 | |
Mondelez International, Inc. | 61,015 | 3,564,496 | |
The Hershey Co. | 6,278 | 933,162 | |
The J.M. Smucker Co. | 4,892 | 587,921 | |
The Kraft Heinz Co. | 26,656 | 934,026 | |
Tyson Foods, Inc. Class A | 12,645 | 794,106 | |
13,572,028 | |||
Household Products - 1.7% | |||
Church & Dwight Co., Inc. | 10,513 | 1,007,461 | |
Clorox Co. | 5,351 | 1,195,949 | |
Colgate-Palmolive Co. | 36,698 | 2,908,683 | |
Kimberly-Clark Corp. | 14,558 | 2,296,670 | |
Procter & Gamble Co. | 105,921 | 14,652,052 | |
22,060,815 | |||
Personal Products - 0.2% | |||
Coty, Inc. Class A | 12,421 | 44,467 | |
Estee Lauder Companies, Inc. Class A | 9,606 | 2,129,842 | |
2,174,309 | |||
Tobacco - 0.7% | |||
Altria Group, Inc. | 79,468 | 3,475,930 | |
Philip Morris International, Inc. | 66,868 | 5,335,398 | |
8,811,328 | |||
TOTAL CONSUMER STAPLES | 85,383,197 | ||
ENERGY - 2.3% | |||
Energy Equipment & Services - 0.2% | |||
Baker Hughes Co. Class A | 27,855 | 397,769 | |
Halliburton Co. | 37,731 | 610,488 | |
National Oilwell Varco, Inc. | 16,936 | 203,232 | |
Schlumberger Ltd. | 59,462 | 1,130,373 | |
TechnipFMC PLC | 18,030 | 138,831 | |
2,480,693 | |||
Oil, Gas & Consumable Fuels - 2.1% | |||
Apache Corp. | 15,878 | 234,994 | |
Cabot Oil & Gas Corp. | 17,136 | 325,070 | |
Chevron Corp. | 79,921 | 6,707,770 | |
Concho Resources, Inc. | 8,361 | 434,605 | |
ConocoPhillips Co. | 45,850 | 1,737,257 | |
Devon Energy Corp. | 16,110 | 175,116 | |
Diamondback Energy, Inc. | 6,639 | 258,655 | |
EOG Resources, Inc. | 24,883 | 1,128,195 | |
Exxon Mobil Corp. | 181,000 | 7,229,140 | |
Hess Corp. | 11,204 | 515,832 | |
HollyFrontier Corp. | 6,361 | 151,837 | |
Kinder Morgan, Inc. | 83,199 | 1,149,810 | |
Marathon Oil Corp. | 33,089 | 174,710 | |
Marathon Petroleum Corp. | 27,674 | 981,320 | |
Noble Energy, Inc. | 20,648 | 205,448 | |
Occidental Petroleum Corp. | 38,550 | 491,127 | |
ONEOK, Inc. | 18,855 | 518,135 | |
Phillips 66 Co. | 18,679 | 1,092,161 | |
Pioneer Natural Resources Co. | 7,037 | 731,355 | |
The Williams Companies, Inc. | 52,786 | 1,095,837 | |
Valero Energy Corp. | 17,403 | 915,224 | |
26,253,598 | |||
TOTAL ENERGY | 28,734,291 | ||
FINANCIALS - 9.5% | |||
Banks - 3.3% | |||
Bank of America Corp. | 334,175 | 8,601,665 | |
Citigroup, Inc. | 89,131 | 4,556,377 | |
Citizens Financial Group, Inc. | 18,328 | 474,145 | |
Comerica, Inc. | 6,037 | 238,643 | |
Fifth Third Bancorp | 30,505 | 630,233 | |
First Republic Bank | 7,346 | 829,437 | |
Huntington Bancshares, Inc. | 43,161 | 406,145 | |
JPMorgan Chase & Co. | 130,411 | 13,065,878 | |
KeyCorp | 41,434 | 510,467 | |
M&T Bank Corp. | 5,513 | 569,272 | |
Peoples United Financial, Inc. | 17,757 | 187,869 | |
PNC Financial Services Group, Inc. | 18,120 | 2,014,944 | |
Regions Financial Corp. | 40,746 | 471,024 | |
SVB Financial Group (a) | 2,219 | 566,688 | |
Truist Financial Corp. | 57,714 | 2,239,880 | |
U.S. Bancorp | 58,531 | 2,130,528 | |
Wells Fargo & Co. | 160,626 | 3,879,118 | |
Zions Bancorp NA | 7,092 | 228,079 | |
41,600,392 | |||
Capital Markets - 2.5% | |||
Ameriprise Financial, Inc. | 5,224 | 819,123 | |
Bank of New York Mellon Corp. | 34,442 | 1,273,665 | |
BlackRock, Inc. Class A | 6,635 | 3,942,451 | |
Cboe Global Markets, Inc. | 4,657 | 427,466 | |
Charles Schwab Corp. | 48,965 | 1,739,726 | |
CME Group, Inc. | 15,351 | 2,699,780 | |
E*TRADE Financial Corp. | 9,493 | 513,571 | |
Franklin Resources, Inc. | 11,674 | 245,854 | |
Goldman Sachs Group, Inc. | 13,229 | 2,710,225 | |
Intercontinental Exchange, Inc. | 23,395 | 2,485,251 | |
Invesco Ltd. | 15,894 | 162,119 | |
MarketAxess Holdings, Inc. | 1,626 | 790,138 | |
Moody's Corp. | 6,891 | 2,030,364 | |
Morgan Stanley | 51,244 | 2,678,011 | |
MSCI, Inc. | 3,640 | 1,358,703 | |
Northern Trust Corp. | 8,835 | 723,498 | |
Raymond James Financial, Inc. | 5,198 | 393,593 | |
S&P Global, Inc. | 10,301 | 3,774,492 | |
State Street Corp. | 15,017 | 1,022,508 | |
T. Rowe Price Group, Inc. | 9,744 | 1,356,462 | |
The NASDAQ OMX Group, Inc. | 4,873 | 655,029 | |
31,802,029 | |||
Consumer Finance - 0.4% | |||
American Express Co. | 28,267 | 2,871,645 | |
Capital One Financial Corp. | 19,433 | 1,341,460 | |
Discover Financial Services | 13,082 | 694,393 | |
Synchrony Financial | 23,107 | 573,285 | |
5,480,783 | |||
Diversified Financial Services - 1.5% | |||
Berkshire Hathaway, Inc. Class B (a) | 83,193 | 18,139,402 | |
Insurance - 1.8% | |||
AFLAC, Inc. | 30,710 | 1,115,387 | |
Allstate Corp. | 13,470 | 1,252,710 | |
American International Group, Inc. | 36,860 | 1,074,100 | |
Aon PLC | 9,890 | 1,977,901 | |
Arthur J. Gallagher & Co. | 8,116 | 854,615 | |
Assurant, Inc. | 2,571 | 312,531 | |
Chubb Ltd. | 19,470 | 2,433,750 | |
Cincinnati Financial Corp. | 6,394 | 507,748 | |
Everest Re Group Ltd. | 1,703 | 374,796 | |
Globe Life, Inc. | 4,209 | 347,158 | |
Hartford Financial Services Group, Inc. | 15,329 | 620,058 | |
Lincoln National Corp. | 8,290 | 298,855 | |
Loews Corp. | 10,314 | 369,860 | |
Marsh & McLennan Companies, Inc. | 21,824 | 2,507,796 | |
MetLife, Inc. | 32,899 | 1,265,296 | |
Principal Financial Group, Inc. | 10,787 | 454,241 | |
Progressive Corp. | 25,052 | 2,380,942 | |
Prudential Financial, Inc. | 16,933 | 1,147,549 | |
The Travelers Companies, Inc. | 10,774 | 1,250,215 | |
Unum Group | 8,663 | 160,092 | |
W.R. Berkley Corp. | 6,017 | 373,355 | |
Willis Towers Watson PLC | 5,515 | 1,133,498 | |
22,212,453 | |||
TOTAL FINANCIALS | 119,235,059 | ||
HEALTH CARE - 13.9% | |||
Biotechnology - 2.1% | |||
AbbVie, Inc. | 75,373 | 7,218,472 | |
Alexion Pharmaceuticals, Inc. (a) | 9,407 | 1,074,468 | |
Amgen, Inc. | 25,251 | 6,396,583 | |
Biogen, Inc. (a) | 6,974 | 2,006,001 | |
Gilead Sciences, Inc. | 53,647 | 3,580,937 | |
Incyte Corp. (a) | 7,718 | 743,629 | |
Regeneron Pharmaceuticals, Inc. (a) | 4,311 | 2,672,518 | |
Vertex Pharmaceuticals, Inc. (a) | 11,174 | 3,118,887 | |
26,811,495 | |||
Health Care Equipment & Supplies - 3.8% | |||
Abbott Laboratories | 75,686 | 8,285,346 | |
Abiomed, Inc. (a) | 1,914 | 588,785 | |
Align Technology, Inc. (a) | 3,063 | 909,650 | |
Baxter International, Inc. | 21,753 | 1,894,034 | |
Becton, Dickinson & Co. | 12,622 | 3,064,243 | |
Boston Scientific Corp. (a) | 61,166 | 2,509,029 | |
Danaher Corp. | 27,014 | 5,577,581 | |
Dentsply Sirona, Inc. | 9,467 | 424,784 | |
DexCom, Inc. (a) | 3,944 | 1,677,817 | |
Edwards Lifesciences Corp. (a) | 26,524 | 2,276,820 | |
Hologic, Inc. (a) | 11,106 | 663,250 | |
IDEXX Laboratories, Inc. (a) | 3,642 | 1,424,241 | |
Intuitive Surgical, Inc. (a) | 4,990 | 3,646,892 | |
Medtronic PLC | 57,571 | 6,187,155 | |
ResMed, Inc. | 6,182 | 1,117,582 | |
STERIS PLC | 3,628 | 579,174 | |
Stryker Corp. | 13,794 | 2,733,419 | |
Teleflex, Inc. | 1,972 | 774,897 | |
The Cooper Companies, Inc. | 2,091 | 657,369 | |
Varian Medical Systems, Inc. (a) | 3,878 | 673,492 | |
West Pharmaceutical Services, Inc. | 3,143 | 892,486 | |
Zimmer Biomet Holdings, Inc. | 8,843 | 1,245,802 | |
47,803,848 | |||
Health Care Providers & Services - 2.6% | |||
AmerisourceBergen Corp. | 6,398 | 620,798 | |
Anthem, Inc. | 10,786 | 3,036,475 | |
Cardinal Health, Inc. | 12,418 | 630,338 | |
Centene Corp. (a) | 24,746 | 1,517,425 | |
Cigna Corp. | 15,902 | 2,820,538 | |
CVS Health Corp. | 55,915 | 3,473,440 | |
DaVita HealthCare Partners, Inc. (a) | 3,616 | 313,724 | |
HCA Holdings, Inc. | 11,283 | 1,531,329 | |
Henry Schein, Inc. (a) | 6,053 | 402,161 | |
Humana, Inc. | 5,649 | 2,345,295 | |
Laboratory Corp. of America Holdings (a) | 4,175 | 733,756 | |
McKesson Corp. | 6,886 | 1,056,588 | |
Quest Diagnostics, Inc. | 5,723 | 636,627 | |
UnitedHealth Group, Inc. | 40,578 | 12,682,654 | |
Universal Health Services, Inc. Class B | 3,335 | 368,017 | |
32,169,165 | |||
Health Care Technology - 0.1% | |||
Cerner Corp. | 13,014 | 954,837 | |
Life Sciences Tools & Services - 1.2% | |||
Agilent Technologies, Inc. | 13,202 | 1,325,745 | |
Bio-Rad Laboratories, Inc. Class A (a) | 909 | 462,308 | |
Illumina, Inc. (a) | 6,282 | 2,244,056 | |
IQVIA Holdings, Inc. (a) | 7,597 | 1,244,009 | |
Mettler-Toledo International, Inc. (a) | 1,019 | 989,225 | |
PerkinElmer, Inc. | 4,738 | 557,757 | |
Thermo Fisher Scientific, Inc. | 16,907 | 7,252,765 | |
Waters Corp. (a) | 2,659 | 575,035 | |
14,650,900 | |||
Pharmaceuticals - 4.1% | |||
Bristol-Myers Squibb Co. | 96,819 | 6,022,142 | |
Eli Lilly & Co. | 36,158 | 5,365,486 | |
Johnson & Johnson | 112,731 | 17,294,063 | |
Merck & Co., Inc. | 108,000 | 9,209,160 | |
Mylan NV (a) | 22,039 | 360,999 | |
Perrigo Co. PLC | 5,780 | 302,294 | |
Pfizer, Inc. | 237,710 | 8,983,061 | |
Zoetis, Inc. Class A | 20,318 | 3,252,912 | |
50,790,117 | |||
TOTAL HEALTH CARE | 173,180,362 | ||
INDUSTRIALS - 7.9% | |||
Aerospace & Defense - 1.6% | |||
General Dynamics Corp. | 9,938 | 1,484,240 | |
Harris Corp. | 9,224 | 1,667,146 | |
Howmet Aerospace, Inc. | 16,446 | 288,134 | |
Huntington Ingalls Industries, Inc. | 1,720 | 260,614 | |
Lockheed Martin Corp. | 10,537 | 4,112,170 | |
Northrop Grumman Corp. | 6,625 | 2,269,791 | |
Raytheon Technologies Corp. | 63,248 | 3,858,128 | |
Teledyne Technologies, Inc. (a) | 1,565 | 490,800 | |
Textron, Inc. | 9,814 | 386,966 | |
The Boeing Co. | 23,048 | 3,960,107 | |
TransDigm Group, Inc. | 2,148 | 1,073,291 | |
19,851,387 | |||
Air Freight & Logistics - 0.7% | |||
C.H. Robinson Worldwide, Inc. | 5,751 | 565,323 | |
Expeditors International of Washington, Inc. | 7,077 | 625,536 | |
FedEx Corp. | 10,287 | 2,261,494 | |
United Parcel Service, Inc. Class B | 30,127 | 4,929,380 | |
8,381,733 | |||
Airlines - 0.2% | |||
Alaska Air Group, Inc. | 5,137 | 200,086 | |
American Airlines Group, Inc. (b) | 21,443 | 279,831 | |
Delta Air Lines, Inc. | 24,354 | 751,321 | |
Southwest Airlines Co. | 23,008 | 864,641 | |
United Airlines Holdings, Inc. (a) | 10,778 | 388,008 | |
2,483,887 | |||
Building Products - 0.4% | |||
A.O. Smith Corp. | 5,791 | 283,585 | |
Allegion PLC | 3,916 | 404,875 | |
Carrier Global Corp. | 34,693 | 1,035,586 | |
Fortune Brands Home & Security, Inc. | 5,940 | 499,435 | |
Johnson Controls International PLC | 31,772 | 1,294,074 | |
Masco Corp. | 11,319 | 659,898 | |
Trane Technologies PLC | 10,250 | 1,213,498 | |
5,390,951 | |||
Commercial Services & Supplies - 0.4% | |||
Cintas Corp. | 3,664 | 1,220,991 | |
Copart, Inc. (a) | 8,868 | 916,242 | |
Republic Services, Inc. | 8,985 | 833,089 | |
Rollins, Inc. | 6,033 | 332,660 | |
Waste Management, Inc. | 16,592 | 1,891,488 | |
5,194,470 | |||
Construction & Engineering - 0.1% | |||
Jacobs Engineering Group, Inc. | 5,608 | 506,234 | |
Quanta Services, Inc. | 5,931 | 303,964 | |
810,198 | |||
Electrical Equipment - 0.4% | |||
AMETEK, Inc. | 9,803 | 987,162 | |
Eaton Corp. PLC | 17,086 | 1,744,481 | |
Emerson Electric Co. | 25,522 | 1,773,013 | |
Rockwell Automation, Inc. | 4,961 | 1,143,659 | |
5,648,315 | |||
Industrial Conglomerates - 1.1% | |||
3M Co. | 24,731 | 4,031,648 | |
General Electric Co. | 374,447 | 2,373,994 | |
Honeywell International, Inc. | 30,014 | 4,968,818 | |
Roper Technologies, Inc. | 4,468 | 1,908,685 | |
13,283,145 | |||
Machinery - 1.5% | |||
Caterpillar, Inc. | 23,163 | 3,296,327 | |
Cummins, Inc. | 6,308 | 1,307,333 | |
Deere & Co. | 13,371 | 2,808,712 | |
Dover Corp. | 6,156 | 676,175 | |
Flowserve Corp. | 5,512 | 163,596 | |
Fortive Corp. | 12,671 | 913,706 | |
IDEX Corp. | 3,226 | 581,422 | |
Illinois Tool Works, Inc. | 12,292 | 2,428,285 | |
Ingersoll Rand, Inc. (a) | 14,662 | 514,050 | |
Otis Worldwide Corp. | 17,322 | 1,089,554 | |
PACCAR, Inc. | 14,785 | 1,269,144 | |
Parker Hannifin Corp. | 5,583 | 1,150,154 | |
Pentair PLC | 7,105 | 320,720 | |
Snap-On, Inc. | 2,303 | 341,466 | |
Stanley Black & Decker, Inc. | 6,566 | 1,059,096 | |
Westinghouse Air Brake Co. | 7,784 | 518,025 | |
Xylem, Inc. | 7,699 | 617,306 | |
19,055,071 | |||
Professional Services - 0.3% | |||
Equifax, Inc. | 5,187 | 872,816 | |
IHS Markit Ltd. | 17,091 | 1,365,913 | |
Nielsen Holdings PLC | 15,014 | 229,414 | |
Robert Half International, Inc. | 4,928 | 262,170 | |
Verisk Analytics, Inc. | 6,949 | 1,297,170 | |
4,027,483 | |||
Road & Rail - 1.0% | |||
CSX Corp. | 32,714 | 2,501,312 | |
J.B. Hunt Transport Services, Inc. | 3,614 | 507,912 | |
Kansas City Southern | 4,072 | 741,267 | |
Norfolk Southern Corp. | 10,948 | 2,326,778 | |
Old Dominion Freight Lines, Inc. | 4,041 | 817,009 | |
Union Pacific Corp. | 29,143 | 5,608,279 | |
12,502,557 | |||
Trading Companies & Distributors - 0.2% | |||
Fastenal Co. | 24,517 | 1,197,901 | |
United Rentals, Inc. (a) | 3,100 | 548,855 | |
W.W. Grainger, Inc. | 1,845 | 674,218 | |
2,420,974 | |||
TOTAL INDUSTRIALS | 99,050,171 | ||
INFORMATION TECHNOLOGY - 28.5% | |||
Communications Equipment - 0.8% | |||
Arista Networks, Inc. (a) | 2,310 | 516,170 | |
Cisco Systems, Inc. | 181,846 | 7,677,538 | |
F5 Networks, Inc. (a) | 2,578 | 341,147 | |
Juniper Networks, Inc. | 13,989 | 349,725 | |
Motorola Solutions, Inc. | 7,281 | 1,126,735 | |
10,011,315 | |||
Electronic Equipment & Components - 0.5% | |||
Amphenol Corp. Class A | 12,638 | 1,387,652 | |
CDW Corp. | 6,073 | 690,196 | |
Corning, Inc. | 32,504 | 1,055,080 | |
FLIR Systems, Inc. | 5,694 | 210,109 | |
IPG Photonics Corp. (a) | 1,551 | 250,843 | |
Keysight Technologies, Inc. (a) | 7,987 | 786,879 | |
TE Connectivity Ltd. | 14,088 | 1,360,901 | |
Zebra Technologies Corp. Class A (a) | 2,277 | 652,429 | |
6,394,089 | |||
IT Services - 5.6% | |||
Accenture PLC Class A | 27,257 | 6,539,772 | |
Akamai Technologies, Inc. (a) | 6,943 | 808,373 | |
Automatic Data Processing, Inc. | 18,371 | 2,555,222 | |
Broadridge Financial Solutions, Inc. | 4,881 | 670,649 | |
Cognizant Technology Solutions Corp. Class A | 23,106 | 1,544,867 | |
DXC Technology Co. | 10,713 | 214,046 | |
Fidelity National Information Services, Inc. | 26,586 | 4,010,498 | |
Fiserv, Inc. (a) | 24,038 | 2,393,704 | |
FleetCor Technologies, Inc. (a) | 3,583 | 900,945 | |
Gartner, Inc. (a) | 3,779 | 490,590 | |
Global Payments, Inc. | 12,783 | 2,257,733 | |
IBM Corp. | 38,157 | 4,705,140 | |
Jack Henry & Associates, Inc. | 3,258 | 538,938 | |
Leidos Holdings, Inc. | 5,720 | 517,603 | |
MasterCard, Inc. Class A | 37,818 | 13,546,029 | |
Paychex, Inc. | 13,600 | 1,039,992 | |
PayPal Holdings, Inc. (a) | 50,253 | 10,258,647 | |
The Western Union Co. | 17,406 | 410,608 | |
VeriSign, Inc. (a) | 4,352 | 934,810 | |
Visa, Inc. Class A | 72,194 | 15,304,406 | |
69,642,572 | |||
Semiconductors & Semiconductor Equipment - 4.8% | |||
Advanced Micro Devices, Inc. (a) | 50,122 | 4,552,080 | |
Analog Devices, Inc. | 15,733 | 1,838,873 | |
Applied Materials, Inc. | 39,178 | 2,413,365 | |
Broadcom, Inc. | 17,157 | 5,956,053 | |
Intel Corp. | 181,178 | 9,231,019 | |
KLA-Tencor Corp. | 6,643 | 1,362,745 | |
Lam Research Corp. | 6,207 | 2,087,662 | |
Maxim Integrated Products, Inc. | 11,456 | 784,049 | |
Microchip Technology, Inc. | 10,523 | 1,154,373 | |
Micron Technology, Inc. (a) | 47,579 | 2,165,320 | |
NVIDIA Corp. | 26,323 | 14,082,279 | |
Qorvo, Inc. (a) | 4,893 | 627,625 | |
Qualcomm, Inc. | 48,283 | 5,750,505 | |
Skyworks Solutions, Inc. | 7,111 | 1,030,028 | |
Texas Instruments, Inc. | 39,232 | 5,576,829 | |
Xilinx, Inc. | 10,431 | 1,086,493 | |
59,699,298 | |||
Software - 9.3% | |||
Adobe, Inc. (a) | 20,617 | 10,584,562 | |
ANSYS, Inc. (a) | 3,683 | 1,248,574 | |
Autodesk, Inc. (a) | 9,380 | 2,304,666 | |
Cadence Design Systems, Inc. (a) | 11,928 | 1,322,934 | |
Citrix Systems, Inc. | 4,983 | 723,532 | |
Fortinet, Inc. (a) | 5,740 | 757,709 | |
Intuit, Inc. | 11,158 | 3,853,862 | |
Microsoft Corp. | 324,578 | 73,202,076 | |
Nortonlifelock, Inc. | 23,258 | 547,028 | |
Oracle Corp. | 89,053 | 5,095,613 | |
Paycom Software, Inc. (a) | 2,053 | 614,791 | |
Salesforce.com, Inc. (a) | 38,560 | 10,513,384 | |
ServiceNow, Inc. (a) | 8,205 | 3,954,974 | |
Synopsys, Inc. (a) | 6,467 | 1,431,147 | |
Tyler Technologies, Inc. (a) | 1,697 | 585,991 | |
116,740,843 | |||
Technology Hardware, Storage & Peripherals - 7.5% | |||
Apple, Inc. | 697,564 | 90,013,654 | |
Hewlett Packard Enterprise Co. | 54,468 | 526,706 | |
HP, Inc. | 61,290 | 1,198,220 | |
NetApp, Inc. | 9,584 | 454,186 | |
Seagate Technology LLC | 9,584 | 459,936 | |
Western Digital Corp. | 12,937 | 497,040 | |
Xerox Holdings Corp. | 8,050 | 151,823 | |
93,301,565 | |||
TOTAL INFORMATION TECHNOLOGY | 355,789,682 | ||
MATERIALS - 2.5% | |||
Chemicals - 1.8% | |||
Air Products & Chemicals, Inc. | 9,451 | 2,762,149 | |
Albemarle Corp. U.S. | 4,525 | 411,820 | |
Celanese Corp. Class A | 5,013 | 507,065 | |
CF Industries Holdings, Inc. | 9,200 | 300,196 | |
Corteva, Inc. | 31,954 | 912,287 | |
Dow, Inc. | 31,702 | 1,430,394 | |
DuPont de Nemours, Inc. | 31,355 | 1,748,355 | |
Eastman Chemical Co. | 5,763 | 421,333 | |
Ecolab, Inc. | 10,587 | 2,086,486 | |
FMC Corp. | 5,506 | 588,371 | |
International Flavors & Fragrances, Inc. (b) | 4,561 | 564,606 | |
Linde PLC | 22,542 | 5,629,639 | |
LyondellBasell Industries NV Class A | 11,004 | 720,542 | |
PPG Industries, Inc. | 10,090 | 1,214,836 | |
Sherwin-Williams Co. | 3,458 | 2,320,491 | |
The Mosaic Co. | 15,168 | 276,513 | |
21,895,083 | |||
Construction Materials - 0.1% | |||
Martin Marietta Materials, Inc. | 2,663 | 540,243 | |
Vulcan Materials Co. | 5,687 | 682,440 | |
1,222,683 | |||
Containers & Packaging - 0.3% | |||
Amcor PLC | 67,533 | 746,915 | |
Avery Dennison Corp. | 3,603 | 415,750 | |
Ball Corp. | 13,878 | 1,115,375 | |
International Paper Co. | 16,884 | 612,383 | |
Packaging Corp. of America | 4,039 | 408,908 | |
Sealed Air Corp. | 6,720 | 264,096 | |
WestRock Co. | 11,010 | 333,933 | |
3,897,360 | |||
Metals & Mining - 0.3% | |||
Freeport-McMoRan, Inc. | 61,922 | 966,602 | |
Newmont Corp. | 34,293 | 2,307,233 | |
Nucor Corp. | 12,911 | 586,934 | |
3,860,769 | |||
TOTAL MATERIALS | 30,875,895 | ||
REAL ESTATE - 2.6% | |||
Equity Real Estate Investment Trusts (REITs) - 2.5% | |||
Alexandria Real Estate Equities, Inc. | 5,401 | 909,420 | |
American Tower Corp. | 19,058 | 4,748,301 | |
Apartment Investment & Management Co. Class A | 6,332 | 228,142 | |
AvalonBay Communities, Inc. | 6,018 | 951,205 | |
Boston Properties, Inc. | 6,118 | 531,471 | |
Crown Castle International Corp. | 17,964 | 2,932,623 | |
Digital Realty Trust, Inc. | 11,465 | 1,784,527 | |
Duke Realty Corp. | 15,777 | 608,203 | |
Equinix, Inc. | 3,816 | 3,013,800 | |
Equity Residential (SBI) | 14,962 | 844,605 | |
Essex Property Trust, Inc. | 2,802 | 606,661 | |
Extra Space Storage, Inc. | 5,506 | 586,664 | |
Federal Realty Investment Trust (SBI) | 3,025 | 239,701 | |
Healthpeak Properties, Inc. | 23,070 | 637,655 | |
Host Hotels & Resorts, Inc. | 29,924 | 336,047 | |
Iron Mountain, Inc. (b) | 12,178 | 366,436 | |
Kimco Realty Corp. | 18,850 | 226,012 | |
Mid-America Apartment Communities, Inc. | 4,847 | 567,681 | |
Prologis (REIT), Inc. | 31,833 | 3,242,509 | |
Public Storage | 6,429 | 1,365,520 | |
Realty Income Corp. | 14,649 | 908,677 | |
Regency Centers Corp. | 7,213 | 286,428 | |
SBA Communications Corp. Class A | 4,777 | 1,462,096 | |
Simon Property Group, Inc. | 13,056 | 885,850 | |
SL Green Realty Corp. | 3,242 | 151,596 | |
UDR, Inc. | 12,514 | 435,612 | |
Ventas, Inc. | 15,918 | 655,981 | |
Vornado Realty Trust | 6,792 | 243,357 | |
Welltower, Inc. | 17,837 | 1,025,984 | |
Weyerhaeuser Co. | 31,831 | 964,798 | |
31,747,562 | |||
Real Estate Management & Development - 0.1% | |||
CBRE Group, Inc. (a) | 14,357 | 675,210 | |
TOTAL REAL ESTATE | 32,422,772 | ||
UTILITIES - 2.8% | |||
Electric Utilities - 1.8% | |||
Alliant Energy Corp. | 10,576 | 572,690 | |
American Electric Power Co., Inc. | 21,184 | 1,669,935 | |
Duke Energy Corp. | 31,526 | 2,532,799 | |
Edison International | 16,165 | 848,339 | |
Entergy Corp. | 8,535 | 846,160 | |
Evergy, Inc. | 9,745 | 518,629 | |
Eversource Energy | 14,422 | 1,236,110 | |
Exelon Corp. | 41,628 | 1,536,489 | |
FirstEnergy Corp. | 23,171 | 662,459 | |
NextEra Energy, Inc. | 20,952 | 5,849,170 | |
NRG Energy, Inc. | 10,424 | 358,690 | |
Pinnacle West Capital Corp. | 4,793 | 351,567 | |
PPL Corp. | 32,794 | 906,098 | |
Southern Co. | 45,278 | 2,362,606 | |
Xcel Energy, Inc. | 22,445 | 1,559,366 | |
21,811,107 | |||
Gas Utilities - 0.0% | |||
Atmos Energy Corp. | 5,220 | 521,060 | |
Independent Power and Renewable Electricity Producers - 0.0% | |||
The AES Corp. | 28,657 | 508,662 | |
Multi-Utilities - 0.9% | |||
Ameren Corp. | 10,580 | 836,984 | |
CenterPoint Energy, Inc. | 23,123 | 464,079 | |
CMS Energy Corp. | 12,302 | 744,148 | |
Consolidated Edison, Inc. | 14,213 | 1,013,955 | |
Dominion Energy, Inc. | 35,928 | 2,818,192 | |
DTE Energy Co. | 8,207 | 973,925 | |
NiSource, Inc. | 16,319 | 361,629 | |
Public Service Enterprise Group, Inc. | 21,634 | 1,130,160 | |
Sempra Energy | 12,499 | 1,545,501 | |
WEC Energy Group, Inc. | 13,483 | 1,268,481 | |
11,157,054 | |||
Water Utilities - 0.1% | |||
American Water Works Co., Inc. | 7,763 | 1,097,222 | |
TOTAL UTILITIES | 35,095,105 | ||
TOTAL COMMON STOCKS | |||
(Cost $992,967,651) | 1,239,079,230 | ||
Money Market Funds - 0.7% | |||
Fidelity Cash Central Fund 0.12% (c) | 7,152,721 | 7,154,151 | |
Fidelity Securities Lending Cash Central Fund 0.11% (c)(d) | 1,861,780 | 1,861,966 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $9,016,117) | 9,016,117 | ||
TOTAL INVESTMENT IN SECURITIES - 99.9% | |||
(Cost $1,001,983,768) | 1,248,095,347 | ||
NET OTHER ASSETS (LIABILITIES) - 0.1% | 1,280,016 | ||
NET ASSETS - 100% | $1,249,375,363 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini S&P 500 Index Contracts (United States) | 58 | Sept. 2020 | $10,146,810 | $585,020 | $585,020 |
The notional amount of futures purchased as a percentage of Net Assets is 0.8%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) 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.
(d) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $10,492 |
Fidelity Securities Lending Cash Central Fund | 14,969 |
Total | $25,461 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $137,583,525 | $137,583,525 | $-- | $-- |
Consumer Discretionary | 141,729,171 | 141,729,171 | -- | -- |
Consumer Staples | 85,383,197 | 85,383,197 | -- | -- |
Energy | 28,734,291 | 28,734,291 | -- | -- |
Financials | 119,235,059 | 119,235,059 | -- | -- |
Health Care | 173,180,362 | 173,180,362 | -- | -- |
Industrials | 99,050,171 | 99,050,171 | -- | -- |
Information Technology | 355,789,682 | 355,789,682 | -- | -- |
Materials | 30,875,895 | 30,875,895 | -- | -- |
Real Estate | 32,422,772 | 32,422,772 | -- | -- |
Utilities | 35,095,105 | 35,095,105 | -- | -- |
Money Market Funds | 9,016,117 | 9,016,117 | -- | -- |
Total Investments in Securities: | $1,248,095,347 | $1,248,095,347 | $-- | $-- |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $585,020 | $585,020 | $-- | $-- |
Total Assets | $585,020 | $585,020 | $-- | $-- |
Total Derivative Instruments: | $585,020 | $585,020 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $585,020 | $0 |
Total Equity Risk | 585,020 | 0 |
Total Value of Derivatives | $585,020 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
August 31, 2020 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $1,774,571) See accompanying schedule: Unaffiliated issuers (cost $992,967,651) | $1,239,079,230 | |
Fidelity Central Funds (cost $9,016,117) | 9,016,117 | |
Total Investment in Securities (cost $1,001,983,768) | $1,248,095,347 | |
Segregated cash with brokers for derivative instruments | 648,000 | |
Receivable for fund shares sold | 2,255,780 | |
Dividends receivable | 1,897,247 | |
Distributions receivable from Fidelity Central Funds | 1,801 | |
Total assets | 1,252,898,175 | |
Liabilities | ||
Payable for fund shares redeemed | $1,646,142 | |
Payable for daily variation margin on futures contracts | 14,610 | |
Collateral on securities loaned | 1,862,060 | |
Total liabilities | 3,522,812 | |
Net Assets | $1,249,375,363 | |
Net Assets consist of: | ||
Paid in capital | $1,004,005,145 | |
Total accumulated earnings (loss) | 245,370,218 | |
Net Assets | $1,249,375,363 | |
Net Asset Value, offering price and redemption price per share ($1,249,375,363 ÷ 83,522,717 shares) | $14.96 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2020 (Unaudited) | ||
Investment Income | ||
Dividends | $9,114,813 | |
Interest | 753 | |
Income from Fidelity Central Funds (including $14,969 from security lending) | 25,461 | |
Total income | 9,141,027 | |
Expenses | ||
Independent trustees' fees and expenses | $2,903 | |
Reports to shareholders | 20,951 | |
Commitment fees | 1,115 | |
Total expenses before reductions | 24,969 | |
Expense reductions | (70) | |
Total expenses after reductions | 24,899 | |
Net investment income (loss) | 9,116,128 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (3,643,539) | |
Fidelity Central Funds | (445) | |
Futures contracts | 1,482,750 | |
Total net realized gain (loss) | (2,161,234) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 194,582,539 | |
Futures contracts | 862,541 | |
Total change in net unrealized appreciation (depreciation) | 195,445,080 | |
Net gain (loss) | 193,283,846 | |
Net increase (decrease) in net assets resulting from operations | $202,399,974 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2020 (Unaudited) | Year ended February 29, 2020 | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $9,116,128 | $14,358,500 |
Net realized gain (loss) | (2,161,234) | 209,958 |
Change in net unrealized appreciation (depreciation) | 195,445,080 | 26,969,641 |
Net increase (decrease) in net assets resulting from operations | 202,399,974 | 41,538,099 |
Distributions to shareholders | (8,793,837) | (13,704,827) |
Share transactions | ||
Proceeds from sales of shares | 434,902,692 | 471,638,049 |
Reinvestment of distributions | 5,976,096 | 4,051,846 |
Cost of shares redeemed | (231,586,456) | (210,883,239) |
Net increase (decrease) in net assets resulting from share transactions | 209,292,332 | 264,806,656 |
Total increase (decrease) in net assets | 402,898,469 | 292,639,928 |
Net Assets | ||
Beginning of period | 846,476,894 | 553,836,966 |
End of period | $1,249,375,363 | $846,476,894 |
Other Information | ||
Shares | ||
Sold | 34,398,520 | 36,447,389 |
Issued in reinvestment of distributions | 472,300 | 300,950 |
Redeemed | (18,442,884) | (16,262,534) |
Net increase (decrease) | 16,427,936 | 20,485,805 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Flex 500 Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |||
2020 | 2020 A | 2019 | 2018 B | |
Selected PerShare Data | ||||
Net asset value, beginning of period | $12.62 | $11.88 | $11.58 | $10.00 |
Income from Investment Operations | ||||
Net investment income (loss)C | .12 | .26 | .24 | .22 |
Net realized and unrealized gain (loss) | 2.34 | .73 | .29 | 1.47 |
Total from investment operations | 2.46 | .99 | .53 | 1.69 |
Distributions from net investment income | (.12) | (.25) | (.19) | (.10) |
Distributions from net realized gain | | | (.04) | (.01) |
Total distributions | (.12) | (.25) | (.23) | (.11) |
Net asset value, end of period | $14.96 | $12.62 | $11.88 | $11.58 |
Total ReturnD,E | 19.64% | 8.26% | 4.67% | 16.91% |
Ratios to Average Net AssetsF,G | ||||
Expenses before reductionsH | - %I,J | -% | -% | - %I |
Expenses net of fee waivers, if anyH | - %I,J | -% | -% | - %I |
Expenses net of all reductionsH | - %I,J | -% | -% | - %I |
Net investment income (loss) | 1.86%I,J | 1.98% | 2.05% | 2.04%I |
Supplemental Data | ||||
Net assets, end of period (000 omitted) | $1,249,375 | $846,477 | $553,837 | $26,382 |
Portfolio turnover rateK | 5%I | 3% | 8%L | 10%I |
A For the year ended February 29.
B For the period March 9, 2017 (commencement of operations) to February 28, 2018.
C Calculated based on average shares outstanding during the period.
D Total returns for periods of less than one year are not annualized.
E Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
F Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
G Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment advisor, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
H Amount represents less than .005%.
I Annualized
J Proxy expenses are not annualized.
K Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
L Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2020
1. Organization.
Fidelity Flex 500 Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. Share transactions on the Statement of Changes in Net Assets may contain exchanges between affiliated funds. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust. The Fund is available only to certain fee-based accounts and advisory programs offered by Fidelity.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date ranged from less than .005% to .01%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investment Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 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 the Fund's 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 vendor 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 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.
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 open-end mutual funds, including the Fidelity Central 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. The aggregate value of investments by input level as of August 31, 2020 is included at the end of the Fund's Schedule of Investments.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Dividend income is recorded on the ex-dividend date. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to future contracts, short-term gain distributions from the Underlying Funds, market discount, capital loss carryforwards, certain deemed distributions and losses deferred due to wash sales and excise tax regulations.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $313,846,652 |
Gross unrealized depreciation | (72,902,647) |
Net unrealized appreciation (depreciation) | $240,944,005 |
Tax cost | $1,007,736,362 |
Capital loss carryforwards are only available to offset future capital gains of the Fund to the extent provided by regulations and may be limited. The capital loss carryforward information presented below, including any applicable limitation, is estimated as of prior fiscal period end and is subject to adjustment.
No expiration | |
Long-term | $(270,111) |
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures 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 and 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:
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. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
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 and amounts recognized in the Statement of Assets and Liabilities. 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 fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity Flex 500 Index Fund | 237,828,346 | 26,377,851 |
6. Fees and Other Transactions with Affiliates.
Management Fee. Fidelity Management & Research Company LLC (the investment adviser) and its affiliates provide the Fund with investment management related services and the Fund does not pay any fees for these services. Under the management contract, the investment adviser or an affiliate pays all other expenses of the Fund, excluding fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Interfund Trades. Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Commitment fees on the Statement of Operations, and are as follows:
Amount | |
Fidelity Flex 500 Index Fund | $1,115 |
During the period, there were no borrowings on this line of credit.
8. Security Lending.
The Fund lends portfolio securities through a lending agent from time to time in order to earn additional income. The Fund may lend securities to certain qualified borrowers, including NFS. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. At period end, there were no security loans outstanding with NFS, as affiliated borrower. Security lending income 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 payments received for lending certain types of securities. Net income from Fidelity Central Funds is presented in the Statement of Operations as a component of income from Fidelity Central Funds (and includes $10 from securities loaned to NFS, as affiliated borrower).
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses by $70.
10. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
11. Coronavirus (COVID-19) Pandemic.
An outbreak of COVID-19 first detected in China during December 2019 has since spread globally and was declared a pandemic by the World Health Organization during March 2020. Developments that disrupt global economies and financial markets, such as the COVID-19 pandemic, may magnify factors that affect the Fund's performance.
Shareholder Expense Example
As a shareholder, you incur two types of costs: (1) transaction costs, which may include sales charges (loads) on purchase payments or redemption proceeds, as applicable and (2) ongoing costs, which generally include management fees, distribution and/or service (12b-1) fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in a fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2020 to August 31, 2020).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class/Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. If any fund is a shareholder of any underlying mutual funds or exchange-traded funds (ETFs) (the Underlying Funds), such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses incurred presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. If any fund is a shareholder of any Underlying Funds, such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses as presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2020 | Ending Account Value August 31, 2020 | Expenses Paid During Period-B March 1, 2020 to August 31, 2020 |
|
Fidelity Flex 500 Index Fund | -%C | |||
Actual | $1,000.00 | $1,196.40 | $--D | |
Hypothetical-E | $1,000.00 | $1,025.16 | $--D |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period). The fees and expenses of any Underlying Funds are not included in each annualized expense ratio.
C Amount represents less than .005%.
D Amount Represents less than $.005.
E 5% return per year before expenses
Proxy Voting Results
A special meeting of shareholders was held on June 9, 2020. The results of votes taken among shareholders on the proposals before them are reported below. Each vote reported represents one dollar of net asset value held on the record date for the meeting.
PROPOSAL 1
To elect a Board of Trustees.
# of Votes | % of Votes |
|
Dennis J. Dirks | ||
Affirmative | 153,310,852,719.993 | 94.554 |
Withheld | 8,830,820,397.844 | 5.446 |
TOTAL | 162,141,673,117.837 | 100.000 |
Donald F. Donahue | ||
Affirmative | 153,409,297,334.631 | 94.614 |
Withheld | 8,732,375,783.206 | 5.386 |
TOTAL | 162,141,673,117.837 | 100.000 |
Bettina Doulton | ||
Affirmative | 154,057,198,754.144 | 95.014 |
Withheld | 8,084,474,363.693 | 4.986 |
TOTAL | 162,141,673,117.837 | 100.000 |
Vicki L. Fuller | ||
Affirmative | 154,419,985,979.903 | 95.238 |
Withheld | 7,721,687,137.934 | 4.762 |
TOTAL | 162,141,673,117.837 | 100.00 |
Patricia L. Kampling | ||
Affirmative | 153,773,968,211.778 | 94.839 |
Withheld | 8,367,704,906.059 | 5.161 |
TOTAL | 162,141,673,117.837 | 100.000 |
Alan J. Lacy | ||
Affirmative | 152,412,406,811.772 | 94.000 |
Withheld | 9,729,266,306.065 | 6.000 |
TOTAL | 162,141,673,117.837 | 100.000 |
Ned C. Lautenbach | ||
Affirmative | 151,421,801,314.429 | 93.389 |
Withheld | 10,719,871,803.408 | 6.611 |
TOTAL | 162,141,673,117.837 | 100.000 |
Robert A. Lawrence | ||
Affirmative | 152,467,970,401.411 | 94.034 |
Withheld | 9,673,702,716.426 | 5.966 |
TOTAL | 162,141,673,117.837 | 100.000 |
Joseph Mauriello | ||
Affirmative | 152,391,361,586.517 | 93.987 |
Withheld | 9,750,311,531.320 | 6.013 |
TOTAL | 162,141,673,117.837 | 100.000 |
Cornelia M. Small | ||
Affirmative | 153,101,624,672.870 | 94.425 |
Withheld | 9,040,048,444.967 | 5.575 |
TOTAL | 162,141,673,117.837 | 100.000 |
Garnett A. Smith | ||
Affirmative | 152,502,318,423.900 | 94.055 |
Withheld | 9,639,354,693.937 | 5.945 |
TOTAL | 162,141,673,117.837 | 100.000 |
David M. Thomas | ||
Affirmative | 152,608,626,434.284 | 94.121 |
Withheld | 9,533,046,683.553 | 5.879 |
TOTAL | 162,141,673,117.837 | 100.000 |
Susan Tomasky | ||
Affirmative | 153,605,526,235.885 | 94.735 |
Withheld | 8,536,146,881.952 | 5.265 |
TOTAL | 162,141,673,117.837 | 100.000 |
Michael E. Wiley | ||
Affirmative | 152,567,303,629.801 | 94.095 |
Withheld | 9,574,369,488.036 | 5.905 |
TOTAL | 162,141,673,117.837 | 100.000 |
PROPOSAL 2
To convert a fundamental investment policy to a non-fundamental investment policy.
# of Votes | % of Votes |
|
Affirmative | 372,523,266.327 | 68.230 |
Against | 75,977,805.915 | 13.916 |
Abstain | 97,481,434.610 | 17.854 |
Broker Non-Vote | 0.000 | 0.000 |
TOTAL | 545,982,506.852 | 100.000 |
Proposal 1 reflects trust wide proposal and voting results. |
Z5I-SANN-1020
1.9881570.103
Fidelity® Series Total Market Index Fund
Semi-Annual Report
August 31, 2020
See the inside front cover for important information about access to your funds shareholder reports.
Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of a funds shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the reports from the fund or from your financial intermediary, such as a financial advisor, broker-dealer or bank. Instead, the reports will be made available on a website, and you will be notified by mail each time a report is posted and provided with a website link to access the report.
If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. You may elect to receive shareholder reports and other communications from a fund electronically, by contacting your financial intermediary. For Fidelity customers, visit Fidelity's web site or call Fidelity using the contact information listed below.
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Contents
To view a fund's proxy voting guidelines and proxy voting record for the 12-month period ended June 30, visit http://www.fidelity.com/proxyvotingresults or visit the Securities and Exchange Commission's (SEC) web site at http://www.sec.gov.
You may also call 1-800-544-8544 to request a free copy of the proxy voting guidelines.
Standard & Poor's, S&P and S&P 500 are registered service marks of The McGraw-Hill Companies, Inc. and have been licensed for use by Fidelity Distributors Corporation.
Other third-party marks appearing herein are the property of their respective owners.
All other marks appearing herein are registered or unregistered trademarks or service marks of FMR LLC or an affiliated company. © 2020 FMR LLC. All rights reserved.
This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or accompanied by an effective prospectus.
A fund files its complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year on Form N-PORT. Forms N-PORT are available on the SECs web site at http://www.sec.gov. A fund's Forms N-PORT may be reviewed and copied at the SECs Public Reference Room in Washington, DC. Information regarding the operation of the SEC's Public Reference Room may be obtained by calling 1-800-SEC-0330.
For a complete list of a fund's portfolio holdings, view the most recent holdings listing, semiannual report, or annual report on Fidelity's web site at http://www.fidelity.com, http://www.institutional.fidelity.com, or http://www.401k.com, as applicable.
NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE
Neither the Fund nor Fidelity Distributors Corporation is a bank.
Note to Shareholders:
Early in 2020, the outbreak and spread of a new coronavirus emerged as a public health emergency that had a major influence on financial markets, primarily based on its impact on the global economy and the outlook for corporate earnings. The virus causes a respiratory disease known as COVID-19. On March 11, the World Health Organization declared the COVID-19 outbreak a pandemic, citing sustained risk of further global spread.
In the weeks following, as the crisis worsened, we witnessed an escalating human tragedy with wide-scale social and economic consequences from coronavirus-containment measures. The outbreak of COVID-19 prompted a number of measures to limit the spread, including travel and border restrictions, quarantines, and restrictions on large gatherings. In turn, these resulted in lower consumer activity, diminished demand for a wide range of products and services, disruption in manufacturing and supply chains, and given the wide variability in outcomes regarding the outbreak significant market uncertainty and volatility. Amid the turmoil, the U.S. government took unprecedented action in concert with the U.S. Federal Reserve and central banks around the world to help support consumers, businesses, and the broader economy, and to limit disruption to the financial system.
The situation continues to unfold, and the extent and duration of its impact on financial markets and the economy remain highly uncertain. Extreme events such as the coronavirus crisis are exogenous shocks that can have significant adverse effects on mutual funds and their investments. Although multiple asset classes may be affected by market disruption, the duration and impact may not be the same for all types of assets.
Fidelity is committed to helping you stay informed amid news about COVID-19 and during increased market volatility, and were taking extra steps to be responsive to customer needs. We encourage you to visit our websites, where we offer ongoing updates, commentary, and analysis on the markets and our funds.
Investment Summary (Unaudited)
Top Ten Stocks as of August 31, 2020
% of fund's net assets | |
Apple, Inc. | 6.1 |
Microsoft Corp. | 5.0 |
Amazon.com, Inc. | 4.2 |
Facebook, Inc. Class A | 2.1 |
Alphabet, Inc. Class A | 1.4 |
Alphabet, Inc. Class C | 1.4 |
Berkshire Hathaway, Inc. Class B | 1.3 |
Johnson & Johnson | 1.2 |
Tesla, Inc. | 1.1 |
Visa, Inc. Class A | 1.0 |
24.8 |
Top Market Sectors as of August 31, 2020
% of fund's net assets | |
Information Technology | 27.5 |
Health Care | 14.1 |
Consumer Discretionary | 12.3 |
Financials | 10.1 |
Communication Services | 10.1 |
Industrials | 8.6 |
Consumer Staples | 6.2 |
Real Estate | 3.3 |
Utilities | 2.7 |
Materials | 2.7 |
Asset Allocation (% of fund's net assets)
As of August 31, 2020* | ||
Stocks and Equity Futures | 100.0% |
* Foreign investments - 3.3%
Schedule of Investments August 31, 2020 (Unaudited)
Showing Percentage of Net Assets
Common Stocks - 99.8% | |||
Shares | Value | ||
COMMUNICATION SERVICES - 10.1% | |||
Diversified Telecommunication Services - 1.5% | |||
Alaska Communication Systems Group, Inc. | 40,036 | $89,681 | |
AT&T, Inc. | 5,378,225 | 160,324,887 | |
ATN International, Inc. | 8,444 | 489,752 | |
Bandwidth, Inc. (a) | 12,758 | 2,009,130 | |
CenturyLink, Inc. | 744,183 | 7,999,967 | |
Cincinnati Bell, Inc. (a) | 38,497 | 579,765 | |
Cogent Communications Group, Inc. | 31,472 | 2,116,807 | |
Consolidated Communications Holdings, Inc. (a)(b) | 56,411 | 438,878 | |
GCI Liberty, Inc. (a) | 71,948 | 5,811,959 | |
Globalstar, Inc. (a) | 446,071 | 149,211 | |
IDT Corp. Class B (a)(b) | 13,196 | 86,038 | |
Iridium Communications, Inc. (a) | 72,730 | 2,037,167 | |
Liberty Global PLC: | |||
Class A (a) | 127,064 | 2,969,486 | |
Class C (a) | 288,802 | 6,645,334 | |
Liberty Latin America Ltd.: | |||
Class A (a) | 32,617 | 319,647 | |
Class C (a) | 90,305 | 861,510 | |
Ooma, Inc. (a) | 15,265 | 208,215 | |
ORBCOMM, Inc. (a) | 57,483 | 230,507 | |
PDVWireless, Inc. (a) | 9,094 | 397,772 | |
Verizon Communications, Inc. | 3,124,282 | 185,176,194 | |
Vonage Holdings Corp. (a)(b) | 173,170 | 1,982,797 | |
380,924,704 | |||
Entertainment - 1.9% | |||
Activision Blizzard, Inc. | 581,399 | 48,558,444 | |
AMC Entertainment Holdings, Inc. Class A (b) | 38,127 | 224,187 | |
Ballantyne of Omaha, Inc. (a) | 5,296 | 8,262 | |
Chicken Soup For The Soul Entertainment, Inc. (a)(b) | 1,523 | 22,784 | |
Cinedigm Corp. (a) | 39,547 | 34,801 | |
Cinemark Holdings, Inc. | 80,557 | 1,180,160 | |
Electronic Arts, Inc. (a) | 217,878 | 30,387,445 | |
Gaia, Inc. Class A (a)(b) | 11,439 | 133,836 | |
Glu Mobile, Inc. (a) | 98,320 | 780,661 | |
Lions Gate Entertainment Corp.: | |||
Class A (a)(b) | 67,918 | 661,521 | |
Class B (a) | 55,015 | 498,436 | |
Live Nation Entertainment, Inc. (a) | 107,028 | 6,079,190 | |
LiveXLive Media, Inc. (a)(b) | 26,328 | 71,086 | |
Madison Square Garden Entertainment Corp. (a) | 13,320 | 1,001,264 | |
Marcus Corp. | 16,601 | 260,138 | |
Netflix, Inc. (a) | 331,900 | 175,760,964 | |
Reading International, Inc. Class A (a) | 11,224 | 46,018 | |
Roku, Inc. Class A (a) | 69,081 | 11,984,172 | |
Rosetta Stone, Inc. (a) | 19,671 | 597,605 | |
Sciplay Corp. (A Shares) (a) | 16,685 | 219,992 | |
Take-Two Interactive Software, Inc. (a) | 85,979 | 14,718,745 | |
The Madison Square Garden Co. (a) | 13,010 | 2,133,640 | |
The Walt Disney Co. | 1,363,222 | 179,768,085 | |
Warner Music Group Corp. Class A | 60,039 | 1,780,757 | |
World Wrestling Entertainment, Inc. Class A | 35,842 | 1,579,557 | |
Zynga, Inc. (a) | 722,596 | 6,546,720 | |
485,038,470 | |||
Interactive Media & Services - 5.2% | |||
Alphabet, Inc.: | |||
Class A (a) | 226,533 | 369,142,319 | |
Class C (a) | 220,663 | 360,603,061 | |
ANGI Homeservices, Inc. Class A (a)(b) | 50,333 | 698,370 | |
Autoweb, Inc. (a)(b) | 2,781 | 14,934 | |
CarGurus, Inc. Class A (a) | 53,891 | 1,313,863 | |
Cars.com, Inc. (a) | 53,009 | 460,118 | |
DHI Group, Inc. (a) | 41,671 | 101,261 | |
Eventbrite, Inc. (a)(b) | 29,897 | 321,393 | |
EverQuote, Inc. Class A (a)(b) | 7,834 | 278,107 | |
Facebook, Inc. Class A (a) | 1,814,773 | 532,091,444 | |
InterActiveCorp (a) | 54,848 | 7,294,236 | |
Izea Worldwide, Inc. (a)(b) | 26,164 | 29,565 | |
Liberty TripAdvisor Holdings, Inc. (a) | 48,378 | 135,458 | |
Match Group, Inc. (a) | 161,659 | 18,054,077 | |
MeetMe, Inc. (a) | 50,417 | 317,627 | |
Pinterest, Inc. Class A (a) | 85,975 | 3,163,020 | |
QuinStreet, Inc. (a) | 35,840 | 471,296 | |
Snap, Inc. Class A (a) | 618,618 | 13,974,581 | |
Super League Gaming, Inc. (a)(b) | 10,121 | 18,420 | |
Travelzoo, Inc. (a) | 3,176 | 25,376 | |
TripAdvisor, Inc. | 74,924 | 1,750,974 | |
TrueCar, Inc. (a) | 71,487 | 338,134 | |
Twitter, Inc. (a) | 591,703 | 24,011,308 | |
Yelp, Inc. (a) | 48,416 | 1,119,378 | |
Zedge, Inc. (a) | 4,399 | 6,159 | |
Zillow Group, Inc.: | |||
Class A (a) | 35,750 | 3,048,760 | |
Class C (a)(b) | 95,416 | 8,182,876 | |
1,346,966,115 | |||
Media - 1.3% | |||
A.H. Belo Corp. Class A | 6,538 | 10,069 | |
Altice U.S.A., Inc. Class A (a) | 205,517 | 5,668,159 | |
AMC Networks, Inc. Class A (a)(b) | 29,870 | 725,542 | |
Boston Omaha Corp. (a) | 7,610 | 124,119 | |
Cable One, Inc. | 3,968 | 7,302,429 | |
Cardlytics, Inc. (a)(b) | 15,574 | 1,181,288 | |
Cbdmd, Inc. (a)(b) | 38,238 | 94,448 | |
Central European Media Enterprises Ltd. Class A (a) | 67,654 | 280,426 | |
Charter Communications, Inc. Class A (a) | 113,784 | 70,046,568 | |
Clear Channel Outdoor Holdings, Inc. (a) | 278,499 | 325,844 | |
Comcast Corp. Class A | 3,437,753 | 154,045,712 | |
comScore, Inc. (a) | 32,518 | 85,522 | |
Cumulus Media, Inc. (a) | 9,966 | 49,531 | |
Daily Journal Corp. (a)(b) | 760 | 209,152 | |
Discovery Communications, Inc.: | |||
Class A (a)(b) | 108,903 | 2,402,945 | |
Class C (non-vtg.) (a) | 251,359 | 5,019,639 | |
DISH Network Corp. Class A (a) | 193,308 | 6,866,300 | |
E.W. Scripps Co. Class A | 42,722 | 475,069 | |
Emerald Expositions Events, Inc. | 17,347 | 47,878 | |
Entercom Communications Corp. Class A | 79,698 | 119,547 | |
Entravision Communication Corp. Class A | 39,708 | 60,356 | |
Fluent, Inc. (a) | 31,478 | 97,582 | |
Fox Corp.: | |||
Class A | 268,069 | 7,468,402 | |
Class B | 110,081 | 3,060,252 | |
Gannett Co., Inc. (b) | 111,104 | 192,210 | |
Gray Television, Inc. (a) | 65,563 | 1,017,538 | |
Hemisphere Media Group, Inc. (a) | 17,324 | 154,184 | |
iHeartMedia, Inc. (a)(b) | 48,470 | 446,893 | |
Insignia Systems, Inc. (a) | 1,485 | 1,147 | |
Interpublic Group of Companies, Inc. | 293,328 | 5,209,505 | |
John Wiley & Sons, Inc. Class A | 32,797 | 1,038,025 | |
Lee Enterprises, Inc. (a)(b) | 35,332 | 31,184 | |
Liberty Broadband Corp.: | |||
Class A (a) | 13,853 | 1,914,346 | |
Class C (a) | 119,694 | 16,767,932 | |
Liberty Media Corp.: | |||
Liberty Braves Class A (a) | 4,208 | 82,435 | |
Liberty Braves Class C (a) | 30,137 | 585,562 | |
Liberty Formula One Group Series C (a) | 137,614 | 5,364,194 | |
Liberty Media Class A (a) | 36,301 | 1,313,370 | |
Liberty SiriusXM Series A (a) | 60,312 | 2,189,929 | |
Liberty SiriusXM Series C (a) | 128,590 | 4,628,597 | |
Loral Space & Communications Ltd. | 9,820 | 231,457 | |
Marchex, Inc. Class B (a) | 14,738 | 26,381 | |
MDC Partners, Inc. Class A (a) | 37,707 | 82,578 | |
Mediaco Holding, Inc. (a) | 75 | 273 | |
Meredith Corp. | 30,365 | 425,110 | |
MSG Network, Inc. Class A (a)(b) | 35,313 | 343,949 | |
National CineMedia, Inc. (b) | 44,968 | 162,334 | |
News Corp.: | |||
Class A | 258,629 | 3,910,470 | |
Class B | 126,517 | 1,906,611 | |
Nexstar Broadcasting Group, Inc. Class A | 34,651 | 3,326,843 | |
Omnicom Group, Inc. | 161,627 | 8,742,404 | |
Saga Communications, Inc. Class A | 3,210 | 72,225 | |
Salem Communications Corp. Class A (b) | 3,196 | 3,100 | |
Scholastic Corp. | 24,012 | 540,270 | |
Sinclair Broadcast Group, Inc. Class A (b) | 41,182 | 856,997 | |
Sirius XM Holdings, Inc. | 1,023,742 | 6,009,366 | |
Srax, Inc. (a)(b) | 7,628 | 23,037 | |
TechTarget, Inc. (a) | 17,384 | 689,797 | |
Tegna, Inc. | 163,133 | 2,042,425 | |
The New York Times Co. Class A (b) | 108,904 | 4,718,810 | |
Townsquare Media, Inc. | 6,126 | 28,486 | |
Tribune Publishing Co. | 12,055 | 136,824 | |
Urban One, Inc.: | |||
Class A (a)(b) | 2,298 | 8,457 | |
Class D (non-vtg.) (a) | 9,533 | 10,391 | |
ViacomCBS, Inc.: | |||
Class A | 40,806 | 1,246,215 | |
Class B | 371,087 | 10,334,773 | |
WideOpenWest, Inc. (a) | 20,390 | 117,243 | |
352,700,656 | |||
Wireless Telecommunication Services - 0.2% | |||
Boingo Wireless, Inc. (a) | 33,975 | 441,335 | |
Gogo, Inc. (a) | 38,085 | 195,757 | |
NII Holdings, Inc. (a)(c) | 62,298 | 135,187 | |
Shenandoah Telecommunications Co. | 34,819 | 1,925,491 | |
Spok Holdings, Inc. | 12,720 | 137,885 | |
T-Mobile U.S., Inc. | 439,366 | 51,265,225 | |
Telephone & Data Systems, Inc. | 72,589 | 1,678,984 | |
U.S. Cellular Corp. (a) | 12,140 | 441,653 | |
56,221,517 | |||
TOTAL COMMUNICATION SERVICES | 2,621,851,462 | ||
CONSUMER DISCRETIONARY - 12.3% | |||
Auto Components - 0.2% | |||
Adient PLC (a) | 68,470 | 1,187,270 | |
American Axle & Manufacturing Holdings, Inc. (a) | 83,673 | 650,976 | |
Aptiv PLC | 202,221 | 17,415,273 | |
Autoliv, Inc. | 59,367 | 4,650,811 | |
BorgWarner, Inc. | 156,985 | 6,372,021 | |
Cooper Tire & Rubber Co. | 37,402 | 1,292,987 | |
Cooper-Standard Holding, Inc. (a) | 14,491 | 262,577 | |
Dana, Inc. | 107,725 | 1,502,764 | |
Delphi Technologies PLC (a) | 64,962 | 1,128,390 | |
Dorman Products, Inc. (a) | 21,716 | 1,839,128 | |
Fox Factory Holding Corp. (a) | 30,859 | 3,110,896 | |
Garrett Motion, Inc. (a) | 58,427 | 160,674 | |
Gentex Corp. | 186,484 | 5,044,392 | |
Gentherm, Inc. (a) | 25,101 | 1,135,318 | |
Horizon Global Corp. (a)(b) | 12,602 | 75,612 | |
LCI Industries | 18,825 | 2,139,085 | |
Lear Corp. | 41,185 | 4,692,207 | |
Modine Manufacturing Co. (a) | 36,650 | 248,121 | |
Motorcar Parts of America, Inc. (a) | 12,982 | 226,017 | |
Shiloh Industries, Inc. (a)(b) | 6,967 | 2,718 | |
Standard Motor Products, Inc. | 15,540 | 706,138 | |
Stoneridge, Inc. (a) | 19,511 | 394,122 | |
Strattec Security Corp. | 2,474 | 51,756 | |
Superior Industries International, Inc. (a) | 17,712 | 27,276 | |
Sypris Solutions, Inc. (a) | 4,966 | 5,562 | |
Tenneco, Inc. (a)(b) | 48,565 | 394,833 | |
The Goodyear Tire & Rubber Co. | 172,928 | 1,659,244 | |
Veoneer, Inc. (a)(b) | 74,752 | 1,037,558 | |
Visteon Corp. (a) | 20,800 | 1,568,944 | |
Workhorse Group, Inc. (a)(b) | 40,905 | 740,790 | |
XPEL, Inc. (a)(b) | 13,123 | 326,763 | |
60,050,223 | |||
Automobiles - 1.3% | |||
Arcimoto, Inc. (a) | 8,340 | 50,540 | |
Ford Motor Co. | 2,948,029 | 20,105,558 | |
General Motors Co. | 950,390 | 28,160,056 | |
Harley-Davidson, Inc. (b) | 115,413 | 3,198,094 | |
Tesla, Inc. (a) | 552,622 | 275,382,595 | |
Thor Industries, Inc. | 41,613 | 3,929,516 | |
Winnebago Industries, Inc. | 25,314 | 1,366,450 | |
332,192,809 | |||
Distributors - 0.1% | |||
Core-Mark Holding Co., Inc. | 34,839 | 1,164,319 | |
Educational Development Corp. | 6,550 | 100,346 | |
Funko, Inc. (a)(b) | 11,763 | 68,696 | |
Genuine Parts Co. | 108,679 | 10,263,645 | |
LKQ Corp. (a) | 228,885 | 7,264,810 | |
Pool Corp. | 30,076 | 9,860,116 | |
Weyco Group, Inc. | 4,997 | 89,946 | |
28,811,878 | |||
Diversified Consumer Services - 0.2% | |||
Adtalem Global Education, Inc. (a) | 38,236 | 1,269,435 | |
American Public Education, Inc. (a) | 11,317 | 355,806 | |
Aspen Group, Inc. (a) | 12,879 | 164,594 | |
Bright Horizons Family Solutions, Inc. (a) | 43,796 | 5,825,306 | |
Career Education Corp. (a) | 54,225 | 779,213 | |
Carriage Services, Inc. | 12,912 | 285,872 | |
Chegg, Inc. (a) | 88,523 | 6,527,686 | |
Collectors Universe, Inc. | 5,060 | 225,119 | |
Franchise Group, Inc. | 10,423 | 255,989 | |
Frontdoor, Inc. (a) | 64,244 | 2,799,111 | |
Graham Holdings Co. | 3,309 | 1,416,087 | |
Grand Canyon Education, Inc. (a) | 35,625 | 3,350,175 | |
H&R Block, Inc. | 143,930 | 2,086,985 | |
Houghton Mifflin Harcourt Co. (a) | 83,302 | 188,263 | |
K12, Inc. (a) | 30,446 | 1,132,896 | |
Laureate Education, Inc. Class A (a) | 83,829 | 1,049,539 | |
Lincoln Educational Services Corp. (a) | 11,513 | 90,607 | |
OneSpaWorld Holdings Ltd. (b) | 24,556 | 170,173 | |
Regis Corp. (a)(b) | 16,384 | 121,078 | |
Select Interior Concepts, Inc. (a) | 12,350 | 76,323 | |
Service Corp. International | 134,140 | 6,123,491 | |
ServiceMaster Global Holdings, Inc. (a) | 99,232 | 3,959,357 | |
Strategic Education, Inc. | 18,104 | 1,856,927 | |
Universal Technical Institute, Inc. (a) | 17,914 | 126,294 | |
Vivint Smart Home, Inc. Class A (a) | 30,442 | 540,346 | |
Weight Watchers International, Inc. (a) | 35,303 | 828,914 | |
Xpresspa Group, Inc. (a)(b) | 23,366 | 53,975 | |
Zovio, Inc. (a) | 25,669 | 110,890 | |
41,770,451 | |||
Hotels, Restaurants & Leisure - 1.7% | |||
Accel Entertainment, Inc. (a) | 32,033 | 379,911 | |
ARAMARK Holdings Corp. | 190,377 | 5,246,790 | |
BBQ Holdings, Inc. (a) | 2,247 | 9,707 | |
BFC Financial Corp. Class A | 9,268 | 142,727 | |
Biglari Holdings, Inc. (a) | 73 | 33,982 | |
Biglari Holdings, Inc. (a) | 730 | 72,343 | |
BJ's Restaurants, Inc. | 16,324 | 514,532 | |
Bloomin' Brands, Inc. (b) | 66,144 | 948,505 | |
Bluegreen Vacations Corp. | 6,504 | 36,162 | |
Boyd Gaming Corp. | 61,003 | 1,633,660 | |
Brinker International, Inc. | 33,719 | 1,518,704 | |
Caesars Entertainment, Inc. (a) | 115,465 | 5,288,297 | |
Carnival Corp. (b) | 356,760 | 5,879,405 | |
Carrols Restaurant Group, Inc. (a) | 34,746 | 231,408 | |
Century Casinos, Inc. (a) | 19,736 | 121,376 | |
Chipotle Mexican Grill, Inc. (a) | 19,365 | 25,373,572 | |
Choice Hotels International, Inc. | 23,845 | 2,367,570 | |
Churchill Downs, Inc. | 26,415 | 4,616,285 | |
Chuy's Holdings, Inc. (a) | 11,713 | 260,497 | |
Cracker Barrel Old Country Store, Inc. | 18,170 | 2,429,511 | |
Darden Restaurants, Inc. | 98,031 | 8,496,347 | |
Dave & Buster's Entertainment, Inc. (b) | 35,220 | 585,709 | |
Del Taco Restaurants, Inc. (a) | 26,220 | 220,510 | |
Denny's Corp. (a) | 43,283 | 496,023 | |
Dine Brands Global, Inc. | 12,764 | 760,224 | |
Domino's Pizza, Inc. | 29,525 | 12,074,544 | |
Dover Motorsports, Inc. | 2,946 | 4,242 | |
DraftKings, Inc. Class A (a)(b) | 184,244 | 6,514,868 | |
Drive Shack, Inc. (a) | 50,982 | 70,865 | |
Dunkin' Brands Group, Inc. | 62,144 | 4,727,916 | |
El Pollo Loco Holdings, Inc. (a)(b) | 14,030 | 250,716 | |
Everi Holdings, Inc. (a) | 65,240 | 506,262 | |
Extended Stay America, Inc. unit | 132,920 | 1,660,171 | |
Fiesta Restaurant Group, Inc. (a) | 14,939 | 149,689 | |
Full House Resorts, Inc. (a) | 22,240 | 42,256 | |
Golden Entertainment, Inc. (a) | 16,152 | 207,392 | |
Good Times Restaurants, Inc. (a) | 2,340 | 3,604 | |
Hilton Grand Vacations, Inc. (a) | 65,145 | 1,427,327 | |
Hilton Worldwide Holdings, Inc. | 209,226 | 18,905,661 | |
Hyatt Hotels Corp. Class A | 27,515 | 1,554,322 | |
Inspired Entertainment, Inc. (a)(b) | 13,668 | 48,931 | |
J. Alexanders Holdings, Inc. (a) | 8,393 | 34,327 | |
Jack in the Box, Inc. | 17,014 | 1,401,783 | |
Kura Sushi U.S.A., Inc. Class A (a)(b) | 2,092 | 25,564 | |
Las Vegas Sands Corp. | 253,260 | 12,842,815 | |
Lindblad Expeditions Holdings (a) | 20,484 | 202,894 | |
Luby's, Inc. (a) | 4,308 | 4,954 | |
Marriott International, Inc. Class A | 203,009 | 20,891,656 | |
Marriott Vacations Worldwide Corp. | 27,469 | 2,600,490 | |
McDonald's Corp. | 561,304 | 119,849,630 | |
MGM Mirage, Inc. (b) | 372,017 | 8,370,383 | |
Monarch Casino & Resort, Inc. (a) | 8,603 | 395,824 | |
Nathan's Famous, Inc. | 2,169 | 113,764 | |
Noodles & Co. (a) | 26,229 | 199,603 | |
Norwegian Cruise Line Holdings Ltd. (a)(b) | 205,728 | 3,520,006 | |
Papa John's International, Inc. | 16,646 | 1,636,135 | |
Penn National Gaming, Inc. (a) | 97,349 | 4,974,534 | |
Planet Fitness, Inc. (a) | 60,282 | 3,664,543 | |
Playa Hotels & Resorts NV (a)(b) | 41,524 | 175,231 | |
PlayAGS, Inc. (a) | 18,919 | 75,676 | |
Potbelly Corp. (a) | 15,440 | 66,083 | |
Rave Restaurant Group, Inc. (a)(b) | 2,676 | 1,258 | |
RCI Hospitality Holdings, Inc. (b) | 7,036 | 134,528 | |
Red Lion Hotels Corp. (a) | 13,212 | 29,991 | |
Red Robin Gourmet Burgers, Inc. (a)(b) | 8,856 | 98,302 | |
Red Rock Resorts, Inc. (b) | 53,901 | 920,360 | |
Royal Caribbean Cruises Ltd. (b) | 129,485 | 8,913,747 | |
Ruth's Hospitality Group, Inc. (b) | 28,304 | 290,824 | |
Scientific Games Corp. Class A (a) | 40,927 | 846,575 | |
SeaWorld Entertainment, Inc. (a) | 30,511 | 622,424 | |
Shake Shack, Inc. Class A (a)(b) | 26,365 | 1,799,411 | |
Six Flags Entertainment Corp. (b) | 59,554 | 1,294,108 | |
Starbucks Corp. | 881,728 | 74,479,564 | |
Target Hospitality Corp. (a) | 24,043 | 34,862 | |
Texas Roadhouse, Inc. Class A | 49,044 | 3,089,282 | |
The Cheesecake Factory, Inc. (b) | 32,957 | 973,220 | |
The ONE Group Hospitality, Inc. (a) | 18,683 | 35,311 | |
Town Sports International Holdings, Inc. (a)(b) | 12,170 | 7,182 | |
Twin River Worldwide Holdings, Inc. | 16,499 | 394,821 | |
Vail Resorts, Inc. | 30,395 | 6,616,080 | |
Wendy's Co. | 134,321 | 2,812,682 | |
Wingstop, Inc. | 22,321 | 3,647,251 | |
Wyndham Destinations, Inc. | 63,573 | 1,842,981 | |
Wyndham Hotels & Resorts, Inc. | 70,211 | 3,676,248 | |
Wynn Resorts Ltd. | 73,135 | 6,395,656 | |
Yum! Brands, Inc. | 227,247 | 21,781,625 | |
437,596,711 | |||
Household Durables - 0.5% | |||
Bassett Furniture Industries, Inc. | 5,383 | 67,826 | |
Beazer Homes U.S.A., Inc. (a) | 21,837 | 267,285 | |
Casper Sleep, Inc. | 11,072 | 100,534 | |
Cavco Industries, Inc. (a) | 6,350 | 1,212,279 | |
Century Communities, Inc. (a)(b) | 21,908 | 781,677 | |
Comstock Holding Companies, Inc. (a) | 441 | 1,098 | |
D.R. Horton, Inc. | 249,239 | 17,788,187 | |
Dixie Group, Inc. (a) | 3,273 | 3,142 | |
Emerson Radio Corp. (a) | 6,994 | 5,141 | |
Ethan Allen Interiors, Inc. | 19,091 | 271,856 | |
Flexsteel Industries, Inc. | 7,142 | 118,414 | |
Garmin Ltd. | 109,481 | 11,343,326 | |
GoPro, Inc. Class A (a) | 98,116 | 450,352 | |
Green Brick Partners, Inc. (a) | 21,168 | 301,432 | |
Hamilton Beach Brands Holding Co. Class A | 3,629 | 79,294 | |
Helen of Troy Ltd. (a) | 19,029 | 3,935,578 | |
Hooker Furniture Corp. | 10,678 | 263,213 | |
Hovnanian Enterprises, Inc. Class A (a) | 3,549 | 111,155 | |
Installed Building Products, Inc. (a) | 16,152 | 1,402,317 | |
iRobot Corp. (a)(b) | 21,403 | 1,584,464 | |
KB Home | 66,793 | 2,388,518 | |
Koss Corp. (a) | 786 | 1,706 | |
La-Z-Boy, Inc. | 35,674 | 1,159,405 | |
Legacy Housing Corp. (a) | 3,947 | 60,271 | |
Leggett & Platt, Inc. | 99,283 | 4,070,603 | |
Lennar Corp.: | |||
Class A | 190,053 | 14,219,765 | |
Class B | 33,161 | 1,966,447 | |
LGI Homes, Inc. (a) | 16,765 | 1,875,333 | |
Lifetime Brands, Inc. (b) | 4,140 | 40,655 | |
Lovesac (a)(b) | 7,937 | 210,092 | |
M.D.C. Holdings, Inc. | 38,855 | 1,685,530 | |
M/I Homes, Inc. (a) | 20,951 | 891,675 | |
Meritage Homes Corp. (a) | 26,380 | 2,533,271 | |
Mohawk Group Holdings, Inc. (a) | 4,374 | 35,342 | |
Mohawk Industries, Inc. (a) | 44,798 | 4,136,199 | |
New Home Co. LLC (a) | 15,133 | 65,526 | |
Newell Brands, Inc. | 287,311 | 4,591,230 | |
Nova LifeStyle, Inc. (a)(b) | 1,541 | 2,496 | |
NVR, Inc. (a) | 2,610 | 10,879,367 | |
PulteGroup, Inc. | 189,959 | 8,470,272 | |
Purple Innovation, Inc. (a) | 9,287 | 175,617 | |
Skyline Champion Corp. (a) | 36,941 | 1,054,296 | |
Sonos, Inc. (a) | 48,541 | 682,972 | |
Taylor Morrison Home Corp. (a) | 96,932 | 2,280,810 | |
Tempur Sealy International, Inc. (a) | 32,506 | 2,780,563 | |
Toll Brothers, Inc. | 87,021 | 3,674,027 | |
TopBuild Corp. (a) | 25,013 | 3,846,999 | |
TRI Pointe Homes, Inc. (a) | 95,991 | 1,620,328 | |
Tupperware Brands Corp. | 38,243 | 622,978 | |
Turtle Beach Corp. (a) | 10,719 | 209,771 | |
Universal Electronics, Inc. (a) | 10,731 | 440,829 | |
VOXX International Corp. (a) | 11,574 | 72,685 | |
Vuzix Corp. (a)(b) | 29,628 | 110,216 | |
Whirlpool Corp. (b) | 46,870 | 8,329,736 | |
Zagg, Inc. (a)(b) | 23,001 | 73,143 | |
125,347,243 | |||
Internet & Direct Marketing Retail - 4.7% | |||
1-800-FLOWERS.com, Inc. Class A (a)(b) | 18,136 | 542,810 | |
Amazon.com, Inc. (a) | 316,205 | 1,091,210,807 | |
Blue Apron Holdings, Inc. Class A (a)(b) | 5,631 | 37,784 | |
Chewy, Inc. (a)(b) | 40,350 | 2,464,175 | |
Duluth Holdings, Inc. (a) | 11,212 | 108,532 | |
eBay, Inc. | 498,156 | 27,288,986 | |
Etsy, Inc. (a) | 89,480 | 10,710,756 | |
EVINE Live, Inc. (a) | 11,104 | 79,060 | |
Expedia, Inc. | 102,054 | 10,016,600 | |
Groupon, Inc. (a) | 17,294 | 550,468 | |
GrubHub, Inc. (a) | 69,290 | 5,013,132 | |
Lands' End, Inc. (a)(b) | 11,841 | 158,433 | |
Leaf Group Ltd. (a) | 9,086 | 44,158 | |
Liquidity Services, Inc. (a) | 23,119 | 166,688 | |
Overstock.com, Inc. (a) | 26,500 | 2,318,750 | |
PetMed Express, Inc. (b) | 15,430 | 536,347 | |
Quotient Technology, Inc. (a) | 58,562 | 510,075 | |
Qurate Retail, Inc. Series A (a) | 291,162 | 3,217,340 | |
Remark Holdings, Inc. (a)(b) | 29,691 | 33,254 | |
Revolve Group, Inc. (a)(b) | 10,572 | 212,286 | |
RumbleON, Inc. Class B (a) | 2,201 | 81,877 | |
Shutterstock, Inc. | 14,824 | 745,944 | |
Stamps.com, Inc. (a) | 12,175 | 3,035,715 | |
Stitch Fix, Inc. (a)(b) | 19,204 | 463,777 | |
The Booking Holdings, Inc. (a) | 30,878 | 58,990,875 | |
The RealReal, Inc. (a) | 13,957 | 224,149 | |
The Rubicon Project, Inc. (a)(b) | 69,371 | 509,877 | |
U.S. Auto Parts Network, Inc. (a) | 25,030 | 351,672 | |
Waitr Holdings, Inc. (a) | 50,832 | 204,853 | |
Wayfair LLC Class A (a)(b) | 51,052 | 15,139,981 | |
1,234,969,161 | |||
Leisure Products - 0.1% | |||
Acushnet Holdings Corp. (b) | 26,544 | 936,738 | |
American Outdoor Brands, Inc. (a) | 10,436 | 158,940 | |
Brunswick Corp. | 59,494 | 3,682,084 | |
Callaway Golf Co. | 70,483 | 1,470,275 | |
Clarus Corp. (b) | 16,288 | 205,066 | |
Escalade, Inc. | 6,281 | 113,875 | |
Genius Brands International, Inc. (a)(b) | 34,699 | 37,128 | |
Hasbro, Inc. | 96,172 | 7,591,818 | |
JAKKS Pacific, Inc. (a)(b) | 1,074 | 4,253 | |
Johnson Outdoors, Inc. Class A | 4,763 | 408,237 | |
Malibu Boats, Inc. Class A (a) | 15,720 | 815,082 | |
Marine Products Corp. | 3,671 | 53,046 | |
Mattel, Inc. (a)(b) | 260,990 | 2,804,338 | |
MCBC Holdings, Inc. (a) | 15,111 | 315,971 | |
Nautilus, Inc. (a) | 23,281 | 275,880 | |
Peloton Interactive, Inc. Class A (a) | 18,551 | 1,422,305 | |
Polaris, Inc. | 43,328 | 4,377,861 | |
Smith & Wesson Brands, Inc. (a) | 41,746 | 762,282 | |
Sturm, Ruger & Co., Inc. (b) | 12,504 | 886,033 | |
Vista Outdoor, Inc. (a) | 44,205 | 858,019 | |
YETI Holdings, Inc. (a) | 50,350 | 2,586,983 | |
29,766,214 | |||
Multiline Retail - 0.5% | |||
Big Lots, Inc. (b) | 29,319 | 1,382,391 | |
Dillard's, Inc. Class A (b) | 7,617 | 230,110 | |
Dollar General Corp. | 189,904 | 38,337,820 | |
Dollar Tree, Inc. (a) | 178,749 | 17,208,166 | |
Kohl's Corp. | 117,937 | 2,519,134 | |
Macy's, Inc. (b) | 229,531 | 1,599,831 | |
Nordstrom, Inc. (b) | 84,559 | 1,352,944 | |
Ollie's Bargain Outlet Holdings, Inc. (a) | 42,522 | 4,062,552 | |
Target Corp. | 377,189 | 57,034,749 | |
123,727,697 | |||
Specialty Retail - 2.3% | |||
Aaron's, Inc. Class A | 50,823 | 2,840,497 | |
Abercrombie & Fitch Co. Class A | 48,392 | 629,580 | |
Advance Auto Parts, Inc. | 52,155 | 8,152,348 | |
America's Car Mart, Inc. (a) | 4,829 | 485,315 | |
American Eagle Outfitters, Inc. (b) | 120,368 | 1,517,840 | |
Asbury Automotive Group, Inc. (a) | 14,754 | 1,560,826 | |
At Home Group, Inc. (a) | 37,425 | 715,192 | |
AutoNation, Inc. (a) | 43,133 | 2,452,542 | |
AutoZone, Inc. (a) | 17,621 | 21,080,179 | |
Barnes & Noble Education, Inc. (a) | 29,549 | 67,372 | |
Bed Bath & Beyond, Inc. (b) | 97,184 | 1,183,701 | |
Best Buy Co., Inc. | 171,396 | 19,009,530 | |
Big 5 Sporting Goods Corp. (b) | 11,969 | 70,737 | |
Blink Charging Co. (a)(b) | 11,956 | 84,051 | |
Boot Barn Holdings, Inc. (a)(b) | 21,250 | 599,888 | |
Build-A-Bear Workshop, Inc. (a) | 9,622 | 24,825 | |
Burlington Stores, Inc. (a) | 49,518 | 9,751,580 | |
Caleres, Inc. | 28,604 | 223,397 | |
Camping World Holdings, Inc. (b) | 24,517 | 712,464 | |
CarMax, Inc. (a)(b) | 122,602 | 13,109,832 | |
Carvana Co. Class A (a)(b) | 41,732 | 9,012,443 | |
Chico's FAS, Inc. | 84,836 | 108,590 | |
Citi Trends, Inc. | 8,844 | 170,955 | |
Conn's, Inc. (a) | 17,112 | 218,691 | |
Destination XL Group, Inc. (a)(b) | 15,154 | 5,039 | |
Dick's Sporting Goods, Inc. | 48,942 | 2,648,741 | |
DSW, Inc. Class A (b) | 42,599 | 300,323 | |
Express, Inc. (a)(b) | 47,551 | 52,782 | |
Five Below, Inc. (a) | 42,013 | 4,598,323 | |
Floor & Decor Holdings, Inc. Class A (a) | 57,694 | 4,225,509 | |
Foot Locker, Inc. | 77,943 | 2,364,011 | |
Francesca's Holdings Corp. (a)(b) | 1,736 | 10,242 | |
GameStop Corp. Class A (a)(b) | 50,212 | 335,416 | |
Gap, Inc. | 162,782 | 2,830,779 | |
Genesco, Inc. (a) | 10,318 | 201,201 | |
Group 1 Automotive, Inc. | 13,343 | 1,153,369 | |
GrowGeneration Corp. (a)(b) | 21,270 | 339,363 | |
Guess?, Inc. (b) | 31,229 | 359,134 | |
Haverty Furniture Companies, Inc. | 12,540 | 264,845 | |
Hibbett Sports, Inc. (a)(b) | 12,147 | 405,345 | |
J.Jill, Inc. (a)(b) | 7,239 | 2,783 | |
Kirkland's, Inc. (a) | 10,521 | 91,217 | |
L Brands, Inc. | 175,819 | 5,169,079 | |
Lazydays Holdings, Inc. (a) | 3,501 | 38,091 | |
Lithia Motors, Inc. Class A (sub. vtg.) | 16,650 | 4,145,184 | |
LMP Automotive Holdings, Inc. (b) | 4,277 | 57,141 | |
Lowe's Companies, Inc. | 569,775 | 93,836,245 | |
Lumber Liquidators Holdings, Inc. (a) | 21,956 | 526,724 | |
MarineMax, Inc. (a) | 16,148 | 474,913 | |
Michaels Companies, Inc. (a)(b) | 61,381 | 690,536 | |
Monro, Inc. (b) | 24,653 | 1,136,257 | |
Murphy U.S.A., Inc. (a) | 20,630 | 2,782,162 | |
National Vision Holdings, Inc. (a) | 60,251 | 2,263,630 | |
O'Reilly Automotive, Inc. (a) | 55,997 | 26,073,883 | |
OneWater Marine, Inc. Class A (b) | 4,150 | 118,607 | |
Party City Holdco, Inc. (a)(b) | 37,433 | 102,566 | |
Penske Automotive Group, Inc. (b) | 24,197 | 1,141,372 | |
Rent-A-Center, Inc. | 37,709 | 1,157,666 | |
RH (a)(b) | 12,500 | 4,131,875 | |
Ross Stores, Inc. | 268,010 | 24,410,351 | |
Sally Beauty Holdings, Inc. (a) | 87,924 | 981,232 | |
Shoe Carnival, Inc. (b) | 6,013 | 197,707 | |
Signet Jewelers Ltd. | 39,780 | 687,001 | |
Sleep Number Corp. (a) | 21,706 | 1,041,888 | |
Sonic Automotive, Inc. Class A (sub. vtg.) (b) | 18,817 | 795,206 | |
Sportsman's Warehouse Holdings, Inc. (a) | 31,105 | 488,193 | |
The Buckle, Inc. (b) | 22,005 | 412,374 | |
The Cato Corp. Class A (sub. vtg.) | 14,937 | 119,496 | |
The Children's Place Retail Stores, Inc. (b) | 11,066 | 220,933 | |
The Container Store Group, Inc. (a) | 8,773 | 37,285 | |
The Home Depot, Inc. | 811,745 | 231,379,795 | |
The ODP Corp. | 41,566 | 971,813 | |
Tiffany & Co., Inc. | 82,454 | 10,100,615 | |
Tilly's, Inc. | 15,139 | 95,981 | |
TJX Companies, Inc. | 903,624 | 49,509,559 | |
Tractor Supply Co. | 87,213 | 12,979,911 | |
Trans World Entertainment Corp. (a) | 43 | 290 | |
TravelCenters of America LLC (a) | 5,986 | 127,861 | |
Ulta Beauty, Inc. (a) | 42,480 | 9,863,006 | |
Urban Outfitters, Inc. (a) | 53,637 | 1,262,615 | |
Williams-Sonoma, Inc. | 58,564 | 5,139,577 | |
Winmark Corp. | 1,777 | 274,458 | |
Zumiez, Inc. (a) | 15,877 | 407,721 | |
609,321,596 | |||
Textiles, Apparel & Luxury Goods - 0.7% | |||
APEX Global Brands, Inc. | 1,996 | 1,653 | |
Capri Holdings Ltd. (a) | 114,533 | 1,814,203 | |
Carter's, Inc. | 32,774 | 2,609,466 | |
Charles & Colvard Ltd. (a) | 20,680 | 14,232 | |
Columbia Sportswear Co. | 21,323 | 1,824,609 | |
Crocs, Inc. (a) | 51,965 | 2,073,923 | |
Crown Crafts, Inc. | 2,438 | 14,579 | |
Culp, Inc. | 7,752 | 93,024 | |
Deckers Outdoor Corp. (a) | 21,098 | 4,301,249 | |
Delta Apparel, Inc. (a) | 3,850 | 54,362 | |
Fossil Group, Inc. (a)(b) | 35,663 | 229,491 | |
G-III Apparel Group Ltd. (a)(b) | 32,856 | 363,387 | |
Hanesbrands, Inc. | 261,866 | 4,003,931 | |
Iconix Brand Group, Inc. (a) | 2,998 | 2,428 | |
Kontoor Brands, Inc. | 35,263 | 779,312 | |
Lakeland Industries, Inc. (a)(b) | 5,241 | 107,074 | |
Levi Strauss & Co. Class A (b) | 32,049 | 394,844 | |
lululemon athletica, Inc. (a) | 86,294 | 32,418,067 | |
Movado Group, Inc. | 11,561 | 126,131 | |
NIKE, Inc. Class B | 935,934 | 104,721,655 | |
Oxford Industries, Inc. | 13,217 | 654,638 | |
PVH Corp. | 53,179 | 2,965,261 | |
Ralph Lauren Corp. | 36,236 | 2,494,124 | |
Rocky Brands, Inc. | 6,166 | 148,477 | |
Sequential Brands Group, Inc. (a)(b) | 610 | 3,715 | |
Skechers U.S.A., Inc. Class A (sub. vtg.) (a) | 102,171 | 3,049,804 | |
Steven Madden Ltd. | 58,461 | 1,237,035 | |
Superior Group of Companies, Inc. | 8,287 | 191,761 | |
Tapestry, Inc. | 207,214 | 3,052,262 | |
Under Armour, Inc.: | |||
Class A (sub. vtg.) (a) | 162,660 | 1,595,695 | |
Class C (non-vtg.) (a) | 123,264 | 1,090,886 | |
Unifi, Inc. (a) | 11,590 | 141,746 | |
Vera Bradley, Inc. (a) | 18,320 | 96,546 | |
VF Corp. | 240,167 | 15,790,980 | |
Vince Holding Corp. (a) | 1,696 | 8,531 | |
Wolverine World Wide, Inc. | 60,129 | 1,502,022 | |
189,971,103 | |||
TOTAL CONSUMER DISCRETIONARY | 3,213,525,086 | ||
CONSUMER STAPLES - 6.2% | |||
Beverages - 1.4% | |||
Alkaline Water Co., Inc. (a) | 24,729 | 36,846 | |
Boston Beer Co., Inc. Class A (a) | 7,279 | 6,419,932 | |
Brown-Forman Corp.: | |||
Class A | 39,810 | 2,646,569 | |
Class B (non-vtg.) (b) | 139,356 | 10,196,679 | |
Celsius Holdings, Inc. (a)(b) | 24,273 | 471,382 | |
Coca-Cola Bottling Co. Consolidated | 3,562 | 973,495 | |
Constellation Brands, Inc. Class A (sub. vtg.) | 126,760 | 23,384,685 | |
Craft Brew Alliance, Inc. (a) | 8,731 | 136,378 | |
Keurig Dr. Pepper, Inc. (b) | 350,607 | 10,458,607 | |
MGP Ingredients, Inc. (b) | 10,217 | 363,214 | |
Molson Coors Beverage Co. Class B | 141,647 | 5,331,593 | |
Monster Beverage Corp. (a) | 282,140 | 23,660,260 | |
National Beverage Corp. (a)(b) | 9,095 | 739,605 | |
Newage, Inc. (a)(b) | 90,290 | 195,929 | |
PepsiCo, Inc. | 1,047,560 | 146,721,254 | |
REED'S, Inc. (a)(b) | 14,873 | 15,170 | |
The Coca-Cola Co. | 2,918,287 | 144,542,755 | |
376,294,353 | |||
Food & Staples Retailing - 1.4% | |||
Andersons, Inc. (b) | 24,734 | 438,534 | |
BJ's Wholesale Club Holdings, Inc. (a) | 92,919 | 4,126,533 | |
Casey's General Stores, Inc. | 27,698 | 4,926,089 | |
Chefs' Warehouse Holdings (a) | 23,445 | 347,220 | |
Costco Wholesale Corp. | 333,306 | 115,877,164 | |
Grocery Outlet Holding Corp. (a) | 47,862 | 1,968,564 | |
HF Foods Group, Inc. (a)(b) | 25,535 | 202,748 | |
Ingles Markets, Inc. Class A | 11,055 | 446,622 | |
Kroger Co. | 592,796 | 21,150,961 | |
Natural Grocers by Vitamin Cottage, Inc. (b) | 6,036 | 70,742 | |
Performance Food Group Co. (a) | 99,622 | 3,637,199 | |
PriceSmart, Inc. | 17,143 | 1,127,152 | |
Rite Aid Corp. (a)(b) | 41,669 | 542,530 | |
SpartanNash Co. (b) | 27,755 | 554,545 | |
Sprouts Farmers Market LLC (a) | 88,133 | 2,057,906 | |
Sysco Corp. | 382,654 | 23,012,812 | |
U.S. Foods Holding Corp. (a) | 165,658 | 4,033,772 | |
United Natural Foods, Inc. (a)(b) | 41,478 | 748,678 | |
Village Super Market, Inc. Class A (b) | 5,614 | 142,820 | |
Walgreens Boots Alliance, Inc. | 555,365 | 21,114,977 | |
Walmart, Inc. | 1,068,663 | 148,383,858 | |
Weis Markets, Inc. (b) | 11,485 | 565,407 | |
355,476,833 | |||
Food Products - 1.1% | |||
Alico, Inc. | 3,449 | 111,472 | |
Arcadia Biosciences, Inc. (a)(b) | 5,842 | 18,227 | |
Archer Daniels Midland Co. | 418,528 | 18,733,313 | |
B&G Foods, Inc. Class A (b) | 47,868 | 1,490,610 | |
Beyond Meat, Inc. (a)(b) | 8,013 | 1,088,566 | |
Bridgford Foods Corp. (a) | 1,670 | 27,705 | |
Bunge Ltd. | 106,815 | 4,872,900 | |
Cal-Maine Foods, Inc. (a)(b) | 28,239 | 1,089,743 | |
Calavo Growers, Inc. (b) | 12,356 | 784,235 | |
Campbell Soup Co. | 127,464 | 6,705,881 | |
Coffee Holding Co., Inc. (a) | 4,336 | 13,832 | |
Conagra Brands, Inc. | 367,550 | 14,099,218 | |
Darling Ingredients, Inc. (a) | 123,519 | 3,948,902 | |
Farmer Brothers Co. (a) | 10,529 | 66,227 | |
Flowers Foods, Inc. | 145,113 | 3,549,464 | |
Fresh Del Monte Produce, Inc. | 23,036 | 534,205 | |
Freshpet, Inc. (a) | 25,975 | 2,950,760 | |
General Mills, Inc. | 457,466 | 29,254,951 | |
Hormel Foods Corp. (b) | 211,219 | 10,767,945 | |
Hostess Brands, Inc. Class A (a)(b) | 97,343 | 1,249,884 | |
Ingredion, Inc. | 50,318 | 4,047,580 | |
J&J Snack Foods Corp. | 11,344 | 1,542,217 | |
John B. Sanfilippo & Son, Inc. | 6,784 | 540,278 | |
Kellogg Co. | 188,798 | 13,387,666 | |
Lamb Weston Holdings, Inc. | 110,098 | 6,919,659 | |
Lancaster Colony Corp. | 14,876 | 2,643,763 | |
Landec Corp. (a) | 23,713 | 242,821 | |
Lifeway Foods, Inc. (a) | 6,277 | 29,063 | |
Limoneira Co. | 11,530 | 166,839 | |
McCormick & Co., Inc. (non-vtg.) | 93,271 | 19,232,480 | |
Mondelez International, Inc. | 1,077,587 | 62,952,633 | |
Pilgrim's Pride Corp. (a) | 39,937 | 638,992 | |
Post Holdings, Inc. (a) | 48,473 | 4,266,593 | |
RiceBran Technologies (a) | 17,086 | 9,056 | |
S&W Seed Co. (a) | 24,853 | 58,405 | |
Sanderson Farms, Inc. | 14,785 | 1,729,254 | |
Seaboard Corp. | 199 | 533,917 | |
Seneca Foods Corp. Class A (a) | 5,636 | 266,921 | |
The Hain Celestial Group, Inc. (a) | 58,695 | 1,924,609 | |
The Hershey Co. | 111,228 | 16,532,930 | |
The J.M. Smucker Co. | 86,116 | 10,349,421 | |
The Kraft Heinz Co. | 469,199 | 16,440,733 | |
The Simply Good Foods Co. (a) | 61,391 | 1,525,566 | |
Tootsie Roll Industries, Inc. (b) | 13,494 | 431,673 | |
TreeHouse Foods, Inc. (a) | 42,209 | 1,806,967 | |
Tyson Foods, Inc. Class A | 221,896 | 13,935,069 | |
283,513,145 | |||
Household Products - 1.5% | |||
Central Garden & Pet Co. (a) | 4,648 | 189,127 | |
Central Garden & Pet Co. Class A (non-vtg.) (a) | 33,812 | 1,256,454 | |
Church & Dwight Co., Inc. | 185,272 | 17,754,616 | |
Clorox Co. | 94,308 | 21,077,838 | |
Colgate-Palmolive Co. | 646,420 | 51,235,249 | |
Energizer Holdings, Inc. (b) | 48,748 | 2,256,545 | |
Kimberly-Clark Corp. | 256,958 | 40,537,694 | |
Ocean Bio-Chem, Inc. | 2,872 | 40,208 | |
Oil-Dri Corp. of America | 4,523 | 158,395 | |
Procter & Gamble Co. | 1,868,754 | 258,504,741 | |
Reynolds Consumer Products, Inc. | 37,579 | 1,248,750 | |
Spectrum Brands Holdings, Inc. | 30,499 | 1,817,740 | |
WD-40 Co. (b) | 10,153 | 2,075,070 | |
398,152,427 | |||
Personal Products - 0.2% | |||
BellRing Brands, Inc. Class A (a) | 30,206 | 587,205 | |
Coty, Inc. Class A | 225,022 | 805,579 | |
Cyanotech Corp. (a) | 678 | 1,546 | |
Edgewell Personal Care Co. (a) | 42,555 | 1,221,754 | |
elf Beauty, Inc. (a) | 20,805 | 406,322 | |
Estee Lauder Companies, Inc. Class A | 169,642 | 37,613,024 | |
Herbalife Nutrition Ltd. (a) | 62,891 | 3,091,093 | |
Inter Parfums, Inc. | 13,674 | 610,818 | |
LifeVantage Corp. (a) | 8,840 | 132,777 | |
Mannatech, Inc. | 177 | 3,331 | |
MediFast, Inc. | 8,849 | 1,439,909 | |
Natural Alternatives International, Inc. (a) | 1,744 | 13,952 | |
Natural Health Trends Corp. | 6,482 | 33,771 | |
Nature's Sunshine Products, Inc. (a) | 4,183 | 46,180 | |
Nu Skin Enterprises, Inc. Class A | 38,776 | 1,832,942 | |
Revlon, Inc. (a)(b) | 4,806 | 35,180 | |
Summer Infant, Inc. (a) | 1,068 | 18,850 | |
USANA Health Sciences, Inc. (a) | 9,551 | 748,894 | |
Veru, Inc. (a)(b) | 38,180 | 105,759 | |
Youngevity International, Inc. (a)(b) | 6,666 | 5,133 | |
48,754,019 | |||
Tobacco - 0.6% | |||
22nd Century Group, Inc. (a)(b) | 76,296 | 45,007 | |
Altria Group, Inc. | 1,402,556 | 61,347,799 | |
Philip Morris International, Inc. | 1,175,230 | 93,771,602 | |
Turning Point Brands, Inc. (b) | 10,336 | 298,710 | |
Universal Corp. | 19,121 | 830,043 | |
Vector Group Ltd. (b) | 88,500 | 891,195 | |
157,184,356 | |||
TOTAL CONSUMER STAPLES | 1,619,375,133 | ||
ENERGY - 2.2% | |||
Energy Equipment & Services - 0.2% | |||
Archrock, Inc. | 97,892 | 642,172 | |
Aspen Aerogels, Inc. (a) | 16,368 | 139,128 | |
Baker Hughes Co. Class A | 493,671 | 7,049,622 | |
Bristow Group, Inc. (a) | 5,159 | 97,557 | |
Cactus, Inc. | 36,060 | 796,565 | |
Championx Corp. (a) | 139,631 | 1,429,821 | |
Core Laboratories NV (b) | 33,702 | 705,383 | |
Dawson Geophysical Co. (a) | 7,005 | 12,399 | |
DMC Global, Inc. | 11,151 | 395,080 | |
Dril-Quip, Inc. (a) | 27,324 | 905,244 | |
ENGlobal Corp. (a) | 1,662 | 1,311 | |
Enservco Corp. (a)(b) | 6,054 | 840 | |
Exterran Corp. (a) | 20,759 | 95,491 | |
Forum Energy Technologies, Inc. (a) | 54,653 | 29,901 | |
Frank's International NV (a) | 80,472 | 185,890 | |
Geospace Technologies Corp. (a) | 10,614 | 69,522 | |
Gulf Island Fabrication, Inc. (a) | 6,737 | 18,864 | |
Halliburton Co. | 661,389 | 10,701,274 | |
Helix Energy Solutions Group, Inc. (a) | 114,210 | 408,872 | |
Helmerich & Payne, Inc. | 79,600 | 1,311,808 | |
Independence Contract Drilling, Inc. (a) | 1,856 | 5,160 | |
ION Geophysical Corp. (a)(b) | 7,782 | 15,797 | |
KLX Energy Services Holdings, Inc. (a)(b) | 3,118 | 24,507 | |
Liberty Oilfield Services, Inc. Class A (b) | 39,465 | 254,549 | |
Mammoth Energy Services, Inc. (a)(b) | 8,360 | 11,370 | |
Matrix Service Co. (a) | 20,881 | 192,940 | |
MIND Technology, Inc. (a) | 6,865 | 17,163 | |
Nabors Industries Ltd. (b) | 4,937 | 197,381 | |
National Oilwell Varco, Inc. | 290,866 | 3,490,392 | |
Natural Gas Services Group, Inc. (a) | 11,981 | 98,005 | |
NCS Multistage Holdings, Inc. (a) | 12,232 | 7,599 | |
Newpark Resources, Inc. (a) | 64,240 | 125,268 | |
Nextier Oilfield Solutions, Inc. (a) | 122,178 | 307,889 | |
Nine Energy Service, Inc. (a) | 8,460 | 11,590 | |
Oceaneering International, Inc. (a) | 76,565 | 412,685 | |
Oil States International, Inc. (a) | 46,975 | 206,220 | |
Patterson-UTI Energy, Inc. | 150,419 | 579,113 | |
Profire Energy, Inc. (a) | 12,262 | 9,041 | |
ProPetro Holding Corp. (a) | 65,441 | 410,969 | |
Ranger Energy Services, Inc. Class A (a) | 1,333 | 3,586 | |
RigNet, Inc. (a) | 8,574 | 42,784 | |
RPC, Inc. (a)(b) | 40,781 | 127,645 | |
Schlumberger Ltd. | 1,044,481 | 19,855,584 | |
SEACOR Holdings, Inc. (a) | 13,418 | 424,143 | |
SEACOR Marine Holdings, Inc. (a) | 17,542 | 47,013 | |
Select Energy Services, Inc. Class A (a) | 50,057 | 238,772 | |
Smart Sand, Inc. (a)(b) | 12,173 | 16,799 | |
Solaris Oilfield Infrastructure, Inc. Class A | 21,634 | 168,313 | |
Superior Drilling Products, Inc. (a) | 7,643 | 2,988 | |
TechnipFMC PLC | 315,122 | 2,426,439 | |
TETRA Technologies, Inc. (a) | 96,989 | 65,953 | |
Tidewater, Inc. (a) | 32,915 | 226,126 | |
Transocean Ltd. (United States) (a)(b) | 438,869 | 535,420 | |
U.S. Silica Holdings, Inc. (b) | 54,996 | 245,282 | |
U.S. Well Services, Inc. (a)(b) | 9,987 | 2,767 | |
55,803,996 | |||
Oil, Gas & Consumable Fuels - 2.0% | |||
Abraxas Petroleum Corp. (a)(b) | 110,999 | 21,301 | |
Adams Resources & Energy, Inc. | 1,020 | 21,695 | |
Aemetis, Inc. (a)(b) | 2,964 | 4,920 | |
Altus Midstream Co. (a)(b) | 2,141 | 28,176 | |
Amplify Energy Corp. New (b) | 15,174 | 18,512 | |
Antero Midstream GP LP (b) | 218,228 | 1,477,404 | |
Antero Resources Corp. (a)(b) | 151,601 | 488,155 | |
Apache Corp. | 284,538 | 4,211,162 | |
Arch Resources, Inc. | 11,340 | 427,178 | |
Barnwell Industries, Inc. (a) | 839 | 724 | |
Berry Petroleum Corp. | 31,401 | 123,720 | |
Bonanza Creek Energy, Inc. (a) | 13,654 | 273,626 | |
Brigham Minerals, Inc. Class A | 22,192 | 262,088 | |
Cabot Oil & Gas Corp. | 300,829 | 5,706,726 | |
Callon Petroleum Co. (a)(b) | 31,336 | 207,758 | |
Centennial Resource Development, Inc. Class A (a) | 153,325 | 111,345 | |
Centrus Energy Corp. Class A (a)(b) | 3,926 | 43,422 | |
Cheniere Energy, Inc. (a) | 173,368 | 9,023,804 | |
Chevron Corp. | 1,408,887 | 118,247,886 | |
Cimarex Energy Co. | 76,324 | 2,120,281 | |
Clean Energy Fuels Corp. (a) | 111,302 | 293,837 | |
CNX Resources Corp. (a) | 140,379 | 1,538,554 | |
Comstock Resources, Inc. (a) | 41,825 | 240,912 | |
Concho Resources, Inc. | 148,167 | 7,701,721 | |
ConocoPhillips Co. | 808,872 | 30,648,160 | |
CONSOL Energy, Inc. (a)(b) | 19,776 | 102,242 | |
Contango Oil & Gas Co. (a)(b) | 53,927 | 87,362 | |
Continental Resources, Inc. (b) | 64,842 | 1,113,986 | |
CVR Energy, Inc. (b) | 22,113 | 369,066 | |
Delek U.S. Holdings, Inc. | 56,142 | 883,114 | |
Devon Energy Corp. | 287,456 | 3,124,647 | |
Diamond S Shipping, Inc. (a) | 17,538 | 143,636 | |
Diamondback Energy, Inc. | 118,844 | 4,630,162 | |
Dorian LPG Ltd. (a)(b) | 22,324 | 188,415 | |
Earthstone Energy, Inc. (a) | 16,607 | 48,659 | |
EOG Resources, Inc. | 439,058 | 19,906,890 | |
EQT Corp. | 192,377 | 3,053,023 | |
Equitrans Midstream Corp. | 306,098 | 3,146,687 | |
Evolution Petroleum Corp. | 18,799 | 51,321 | |
Exxon Mobil Corp. | 3,190,984 | 127,447,901 | |
Falcon Minerals Corp. (b) | 25,466 | 71,559 | |
Gevo, Inc. (a) | 13,395 | 16,744 | |
Goodrich Petroleum Corp. (a) | 9,614 | 79,316 | |
Green Plains, Inc. (a) | 28,290 | 378,520 | |
Gulfport Energy Corp. (a)(b) | 95,795 | 67,603 | |
Hallador Energy Co. | 8,792 | 6,787 | |
Hess Corp. (b) | 196,556 | 9,049,438 | |
Highpoint Resources, Inc. (a)(b) | 69,863 | 21,972 | |
HollyFrontier Corp. | 112,015 | 2,673,798 | |
Houston American Energy Corp. (a)(b) | 860 | 1,187 | |
International Seaways, Inc. | 18,871 | 320,052 | |
Kinder Morgan, Inc. | 1,467,397 | 20,279,427 | |
Kosmos Energy Ltd. | 274,701 | 403,810 | |
Laredo Petroleum, Inc. (a) | 6,631 | 108,417 | |
Lonestar Resources U.S., Inc. (a) | 10,185 | 3,025 | |
Magnolia Oil & Gas Corp. Class A (a) | 79,553 | 512,321 | |
Marathon Oil Corp. | 593,998 | 3,136,309 | |
Marathon Petroleum Corp. | 490,433 | 17,390,754 | |
Matador Resources Co. (a)(b) | 86,865 | 845,196 | |
Montage Resources Corp. (a) | 13,820 | 71,311 | |
Murphy Oil Corp. (b) | 108,769 | 1,494,486 | |
NACCO Industries, Inc. Class A | 3,095 | 63,448 | |
Nextdecade Corp. (a)(b) | 8,659 | 11,516 | |
Noble Energy, Inc. | 361,271 | 3,594,646 | |
Northern Oil & Gas, Inc. (a)(b) | 173,365 | 117,628 | |
Oasis Petroleum, Inc. (a)(b) | 230,779 | 128,175 | |
Occidental Petroleum Corp. | 678,065 | 8,638,548 | |
ONEOK, Inc. | 331,653 | 9,113,824 | |
Overseas Shipholding Group, Inc. (a) | 42,343 | 89,344 | |
Ovintiv, Inc. (b) | 199,631 | 2,211,911 | |
Pacific Ethanol, Inc. (a) | 41,677 | 165,041 | |
Panhandle Royalty Co. Class A | 9,524 | 18,000 | |
Par Pacific Holdings, Inc. (a) | 28,602 | 248,265 | |
Parsley Energy, Inc. Class A | 232,330 | 2,497,548 | |
PBF Energy, Inc. Class A (b) | 77,091 | 659,899 | |
PDC Energy, Inc. (a) | 73,837 | 1,117,892 | |
Peabody Energy Corp. (b) | 56,713 | 148,021 | |
Penn Virginia Corp. (a)(b) | 11,789 | 134,630 | |
Phillips 66 Co. | 329,238 | 19,250,546 | |
Pioneer Natural Resources Co. | 124,291 | 12,917,564 | |
PrimeEnergy Corp. (a) | 351 | 23,601 | |
QEP Resources, Inc. | 188,081 | 244,505 | |
Range Resources Corp. | 166,499 | 1,242,083 | |
Renewable Energy Group, Inc. (a) | 30,520 | 1,020,284 | |
Rex American Resources Corp. (a) | 4,110 | 253,916 | |
Ring Energy, Inc. (a)(b) | 53,505 | 36,662 | |
SandRidge Energy, Inc. (a) | 21,403 | 33,817 | |
SilverBow Resources, Inc. (a)(b) | 3,697 | 18,263 | |
SM Energy Co. | 82,888 | 201,418 | |
Southwestern Energy Co. (a) | 425,707 | 1,183,465 | |
Talos Energy, Inc. (a) | 15,145 | 113,739 | |
Targa Resources Corp. | 175,129 | 2,978,944 | |
Tellurian, Inc. (a)(b) | 66,504 | 61,769 | |
Tengasco, Inc. (a) | 372 | 387 | |
The Williams Companies, Inc. | 915,258 | 19,000,756 | |
Torchlight Energy Resources, Inc. (a)(b) | 27,289 | 8,408 | |
TransAtlantic Petroleum Ltd. (a)(b) | 5,419 | 1,359 | |
U.S. Energy Corp. (a) | 66 | 370 | |
Uranium Energy Corp. (a)(b) | 109,827 | 126,301 | |
VAALCO Energy, Inc. (a) | 39,568 | 41,942 | |
Valero Energy Corp. | 307,478 | 16,170,268 | |
Vertex Energy, Inc. (a)(b) | 20,389 | 11,622 | |
W&T Offshore, Inc. (a)(b) | 71,499 | 159,443 | |
World Fuel Services Corp. | 47,013 | 1,241,143 | |
WPX Energy, Inc. (a) | 315,233 | 1,752,695 | |
Zion Oil & Gas, Inc. (a)(b) | 93,231 | 29,051 | |
511,554,867 | |||
TOTAL ENERGY | 567,358,863 | ||
FINANCIALS - 10.1% | |||
Banks - 3.5% | |||
1st Constitution Bancorp | 6,133 | 74,639 | |
1st Source Corp. | 12,185 | 419,773 | |
ACNB Corp. | 6,090 | 128,012 | |
Allegiance Bancshares, Inc. | 15,308 | 389,129 | |
Amalgamated Bank | 11,738 | 138,156 | |
American National Bankshares, Inc. | 8,502 | 191,635 | |
Ameris Bancorp | 49,850 | 1,222,322 | |
Ames National Corp. | 6,787 | 135,401 | |
Arrow Financial Corp. | 11,467 | 328,530 | |
Associated Banc-Corp. | 110,314 | 1,482,620 | |
Atlantic Capital Bancshares, Inc. (a) | 17,814 | 205,484 | |
Auburn National Bancorp., Inc. | 2,447 | 99,789 | |
Banc of California, Inc. | 34,994 | 384,584 | |
BancFirst Corp. (b) | 14,238 | 626,472 | |
Bancorp, Inc., Delaware (a) | 39,803 | 378,129 | |
BancorpSouth Bank | 70,878 | 1,529,547 | |
Bank First National Corp. (b) | 4,545 | 283,608 | |
Bank of America Corp. | 5,892,357 | 151,669,269 | |
Bank of Commerce Holdings | 14,624 | 107,486 | |
Bank of Hawaii Corp. (b) | 30,421 | 1,674,372 | |
Bank of Marin Bancorp | 8,491 | 270,269 | |
Bank of South Carolina Corp. | 684 | 11,115 | |
Bank OZK | 89,944 | 2,072,310 | |
Bank7 Corp. | 985 | 10,086 | |
BankFinancial Corp. | 16,665 | 120,988 | |
BankUnited, Inc. | 67,714 | 1,583,153 | |
Bankwell Financial Group, Inc. | 5,063 | 78,983 | |
Banner Corp. | 27,093 | 978,599 | |
Bar Harbor Bankshares | 12,930 | 261,962 | |
BayCom Corp. (a) | 9,904 | 114,738 | |
BCB Bancorp, Inc. | 11,033 | 89,864 | |
Berkshire Hills Bancorp, Inc. | 33,444 | 307,016 | |
BOK Financial Corp. | 24,158 | 1,356,230 | |
Boston Private Financial Holdings, Inc. | 64,669 | 384,134 | |
Bridge Bancorp, Inc. | 13,445 | 269,034 | |
Brookline Bancorp, Inc., Delaware | 63,544 | 610,022 | |
Bryn Mawr Bank Corp. | 16,394 | 444,933 | |
Business First Bancshares, Inc. | 13,998 | 202,551 | |
Byline Bancorp, Inc. | 18,278 | 231,034 | |
C & F Financial Corp. | 2,675 | 85,520 | |
Cadence Bancorp Class A | 97,705 | 928,198 | |
California Bancorp, Inc. (a) | 8,873 | 115,438 | |
Cambridge Bancorp | 4,489 | 246,177 | |
Camden National Corp. | 12,022 | 392,578 | |
Capital Bancorp, Inc. (a) | 6,080 | 63,293 | |
Capital City Bank Group, Inc. | 8,744 | 177,241 | |
Capstar Financial Holdings, Inc. | 12,467 | 127,039 | |
Carter Bank & Trust | 17,830 | 126,415 | |
Cathay General Bancorp | 53,744 | 1,326,939 | |
CB Financial Services, Inc. | 4,110 | 76,446 | |
CBTX, Inc. | 13,557 | 213,523 | |
Central Pacific Financial Corp. | 22,460 | 347,905 | |
Central Valley Community Bancorp | 6,914 | 83,175 | |
Century Bancorp, Inc. Class A (non-vtg.) | 2,314 | 163,021 | |
Chemung Financial Corp. | 3,381 | 97,069 | |
CIT Group, Inc. | 75,419 | 1,483,492 | |
Citigroup, Inc. | 1,570,613 | 80,289,737 | |
Citizens & Northern Corp. | 10,774 | 184,666 | |
Citizens Community Bancorp, Inc. | 664 | 4,588 | |
Citizens Financial Group, Inc. | 321,022 | 8,304,839 | |
Citizens Holding Co. | 5,474 | 117,308 | |
City Holding Co. | 12,594 | 805,764 | |
Civista Bancshares, Inc. | 14,007 | 186,993 | |
CNB Financial Corp., Pennsylvania | 11,657 | 185,929 | |
Coastal Financial Corp. of Washington (a) | 5,018 | 68,998 | |
Codorus Valley Bancorp, Inc. | 6,440 | 83,076 | |
Colony Bankcorp, Inc. | 6,003 | 66,033 | |
Columbia Banking Systems, Inc. | 54,872 | 1,531,478 | |
Comerica, Inc. | 104,232 | 4,120,291 | |
Commerce Bancshares, Inc. (b) | 75,564 | 4,501,347 | |
Community Bank System, Inc. | 38,840 | 2,337,003 | |
Community Bankers Trust Corp. | 13,444 | 68,968 | |
Community Financial Corp. | 4,131 | 91,873 | |
Community Trust Bancorp, Inc. | 12,704 | 409,958 | |
Community West Bancshares | 515 | 4,223 | |
ConnectOne Bancorp, Inc. | 27,190 | 411,113 | |
County Bancorp, Inc. (b) | 4,756 | 91,791 | |
CrossFirst Bankshares, Inc. (a) | 5,612 | 51,799 | |
Cullen/Frost Bankers, Inc. | 42,609 | 2,959,621 | |
Customers Bancorp, Inc. (a) | 20,582 | 262,832 | |
CVB Financial Corp. | 94,671 | 1,723,959 | |
Eagle Bancorp Montana, Inc. | 3,083 | 54,353 | |
Eagle Bancorp, Inc. (b) | 25,747 | 740,999 | |
East West Bancorp, Inc. | 106,260 | 3,908,243 | |
Enterprise Bancorp, Inc. | 6,685 | 145,265 | |
Enterprise Financial Services Corp. | 20,867 | 624,132 | |
Equity Bancshares, Inc. (a) | 9,920 | 157,728 | |
Esquire Financial Holdings, Inc. (a) | 4,775 | 78,788 | |
Evans Bancorp, Inc. | 3,756 | 85,637 | |
Farmers & Merchants Bancorp, Inc. | 7,798 | 168,047 | |
Farmers National Banc Corp. | 19,435 | 226,612 | |
FB Financial Corp. | 22,516 | 607,932 | |
Fidelity D & D Bancorp, Inc. (b) | 2,736 | 123,722 | |
Fifth Third Bancorp | 535,696 | 11,067,479 | |
Financial Institutions, Inc. | 11,108 | 191,391 | |
First Bancorp, North Carolina | 22,059 | 451,107 | |
First Bancorp, Puerto Rico | 165,929 | 950,773 | |
First Bancshares, Inc. | 15,583 | 334,100 | |
First Bank Hamilton New Jersey (b) | 11,255 | 73,383 | |
First Busey Corp. | 40,060 | 713,669 | |
First Business Finance Services, Inc. | 6,399 | 99,185 | |
First Capital, Inc. (b) | 2,413 | 147,362 | |
First Choice Bancorp | 7,224 | 102,220 | |
First Citizens Bancshares, Inc. | 5,909 | 2,323,123 | |
First Commonwealth Financial Corp. | 77,812 | 638,058 | |
First Community Bankshares, In | 10,885 | 209,427 | |
First Community Corp. | 4,612 | 58,480 | |
First Financial Bancorp, Ohio (b) | 76,390 | 1,048,071 | |
First Financial Bankshares, Inc. (b) | 106,403 | 3,221,351 | |
First Financial Corp., Indiana | 11,174 | 384,274 | |
First Financial Northwest, Inc. | 2,360 | 22,609 | |
First Foundation, Inc. | 30,610 | 464,966 | |
First Guaranty Bancshares, Inc. | 2,224 | 28,534 | |
First Hawaiian, Inc. | 98,526 | 1,628,635 | |
First Horizon National Corp. | 414,700 | 3,960,385 | |
First Internet Bancorp | 5,614 | 82,021 | |
First Interstate Bancsystem, Inc. | 27,253 | 893,898 | |
First Merchants Corp. | 42,706 | 1,092,419 | |
First Mid-Illinois Bancshares, Inc. | 9,133 | 237,823 | |
First Midwest Bancorp, Inc., Delaware | 80,769 | 1,006,382 | |
First National Corp. | 3,023 | 41,083 | |
First Northwest Bancorp | 7,528 | 83,561 | |
First of Long Island Corp. | 16,528 | 253,953 | |
First Republic Bank | 129,304 | 14,599,715 | |
First Savings Financial Group, Inc. | 1,501 | 65,294 | |
First United Corp. | 3,814 | 43,670 | |
First Western Financial, Inc. (a) | 436 | 5,908 | |
Flushing Financial Corp. | 22,523 | 273,204 | |
FNB Corp., Pennsylvania | 245,752 | 1,843,140 | |
FNCM Bancorp, Inc. | 13,381 | 78,279 | |
Franklin Financial Services Corp. | 3,552 | 84,680 | |
Fulton Financial Corp. | 124,329 | 1,215,938 | |
FVCBankcorp, Inc. (a) | 10,811 | 113,948 | |
German American Bancorp, Inc. | 18,340 | 519,939 | |
Glacier Bancorp, Inc. | 66,371 | 2,328,627 | |
Great Southern Bancorp, Inc. | 8,312 | 320,344 | |
Great Western Bancorp, Inc. | 42,743 | 595,410 | |
Guaranty Bancshares, Inc. Texas | 5,203 | 137,619 | |
Hancock Whitney Corp. | 62,194 | 1,244,502 | |
Hanmi Financial Corp. | 25,235 | 240,490 | |
HarborOne Bancorp, Inc. | 45,448 | 393,125 | |
Hawthorn Bancshares, Inc. | 4,837 | 88,614 | |
HBT Financial, Inc. | 7,432 | 88,069 | |
Heartland Financial U.S.A., Inc. | 25,522 | 878,722 | |
Heritage Commerce Corp. | 49,034 | 339,806 | |
Heritage Financial Corp., Washington (b) | 27,287 | 544,103 | |
Hilltop Holdings, Inc. | 52,943 | 1,090,626 | |
Home Bancshares, Inc. (b) | 112,701 | 1,826,883 | |
HomeTrust Bancshares, Inc. | 12,932 | 181,436 | |
Hope Bancorp, Inc. | 97,286 | 823,040 | |
Horizon Bancorp, Inc. Indiana | 29,158 | 325,986 | |
Howard Bancorp, Inc. (a) | 10,992 | 107,832 | |
Huntington Bancshares, Inc. | 763,844 | 7,187,772 | |
Independent Bank Corp. | 16,542 | 246,641 | |
Independent Bank Corp., Massachusetts | 25,179 | 1,582,500 | |
Independent Bank Group, Inc. (b) | 27,021 | 1,256,477 | |
International Bancshares Corp. | 42,260 | 1,334,571 | |
Investar Holding Corp. | 6,950 | 94,520 | |
Investors Bancorp, Inc. | 147,446 | 1,142,707 | |
JPMorgan Chase & Co. | 2,299,762 | 230,413,155 | |
KeyCorp | 734,649 | 9,050,876 | |
Lakeland Bancorp, Inc. | 37,511 | 398,742 | |
Lakeland Financial Corp. | 19,655 | 898,037 | |
Landmark Bancorp, Inc. | 2,372 | 49,836 | |
LCNB Corp. | 8,918 | 130,738 | |
Level One Bancorp, Inc. | 1,833 | 29,511 | |
Live Oak Bancshares, Inc. | 22,134 | 490,932 | |
M&T Bank Corp. | 96,550 | 9,969,753 | |
Macatawa Bank Corp. | 15,646 | 114,529 | |
Mackinac Financial Corp. | 8,027 | 80,431 | |
Mainstreet Bancshares, Inc. (a) | 6,493 | 83,240 | |
Malvern Bancorp, Inc. (a) | 4,373 | 54,007 | |
Mercantil Bank Holding Corp. Class A (a) | 19,762 | 259,870 | |
Mercantile Bank Corp. | 12,953 | 282,894 | |
Meridian Bank/Malvern, PA | 3,585 | 52,592 | |
Metrocity Bankshares, Inc. | 20,433 | 278,706 | |
Metropolitan Bank Holding Corp. (a) | 6,160 | 190,775 | |
Mid Penn Bancorp, Inc. | 6,215 | 119,577 | |
Middlefield Banc Corp. (b) | 5,696 | 108,224 | |
Midland States Bancorp, Inc. | 14,788 | 216,053 | |
MidWestOne Financial Group, Inc. | 7,827 | 148,635 | |
MVB Financial Corp. | 6,728 | 95,538 | |
National Bank Holdings Corp. | 24,179 | 687,651 | |
National Bankshares, Inc. | 5,352 | 132,890 | |
NBT Bancorp, Inc. | 33,692 | 1,026,595 | |
Nicolet Bankshares, Inc. (a) | 6,420 | 385,328 | |
Northeast Bank | 3,803 | 70,964 | |
Northrim Bancorp, Inc. | 5,206 | 140,093 | |
Norwood Financial Corp. | 3,181 | 78,730 | |
Oak Valley Bancorp Oakdale California | 1,014 | 13,689 | |
OceanFirst Financial Corp. | 46,440 | 724,928 | |
OFG Bancorp | 40,241 | 516,694 | |
Ohio Valley Banc Corp. | 3,377 | 76,996 | |
Old National Bancorp, Indiana | 119,814 | 1,675,000 | |
Old Point Financial Corp. | 809 | 12,661 | |
Old Second Bancorp, Inc. | 23,173 | 189,323 | |
Origin Bancorp, Inc. | 14,554 | 344,639 | |
Orrstown Financial Services, Inc. | 6,041 | 83,185 | |
Pacific City Financial Corp. | 12,461 | 119,003 | |
Pacific Mercantile Bancorp (a) | 9,949 | 36,911 | |
Pacific Premier Bancorp, Inc. | 63,378 | 1,431,709 | |
PacWest Bancorp | 91,146 | 1,739,066 | |
Park National Corp. | 10,922 | 981,997 | |
Parke Bancorp, Inc. | 7,750 | 95,325 | |
Peapack-Gladstone Financial Corp. | 13,084 | 222,428 | |
Penns Woods Bancorp, Inc. | 5,549 | 115,142 | |
People's Utah Bancorp | 12,807 | 264,080 | |
Peoples Bancorp of North Carolina | 3,901 | 66,317 | |
Peoples Bancorp, Inc. | 15,195 | 321,222 | |
Peoples Financial Services Corp. | 4,948 | 180,305 | |
Peoples United Financial, Inc. | 318,266 | 3,367,254 | |
Pinnacle Financial Partners, Inc. (b) | 52,723 | 2,106,284 | |
Plumas Bancorp (b) | 2,198 | 43,432 | |
PNC Financial Services Group, Inc. | 319,873 | 35,569,878 | |
Popular, Inc. | 66,011 | 2,445,047 | |
Preferred Bank, Los Angeles | 10,538 | 394,121 | |
Premier Financial Bancorp, Inc. | 8,470 | 108,585 | |
Professional Holdings Corp. (A Shares) (b) | 10,226 | 118,315 | |
Prosperity Bancshares, Inc. | 69,715 | 3,800,862 | |
QCR Holdings, Inc. | 10,092 | 302,457 | |
RBB Bancorp | 8,633 | 111,970 | |
Red River Bancshares, Inc. | 5,688 | 247,542 | |
Regions Financial Corp. | 719,918 | 8,322,252 | |
Reliant Bancorp, Inc. | 9,856 | 142,912 | |
Renasant Corp. | 43,678 | 1,108,111 | |
Republic Bancorp, Inc., Kentucky Class A | 7,201 | 221,503 | |
Republic First Bancorp, Inc. (a) | 34,232 | 71,545 | |
Richmond Mutual Bancorp., Inc. | 9,201 | 104,155 | |
Riverview Financial Corp. | 525 | 3,812 | |
S&T Bancorp, Inc. | 30,107 | 608,011 | |
Salisbury Bancorp, Inc. | 1,700 | 60,707 | |
Sandy Spring Bancorp, Inc. | 37,621 | 899,894 | |
SB Financial Group, Inc. | 3,265 | 45,188 | |
Seacoast Banking Corp., Florida (a) | 39,918 | 807,940 | |
Select Bancorp, Inc. New (a) | 15,766 | 120,610 | |
ServisFirst Bancshares, Inc. | 35,486 | 1,300,562 | |
Shore Bancshares, Inc. | 11,188 | 109,083 | |
Sierra Bancorp | 10,003 | 178,754 | |
Signature Bank | 40,266 | 3,907,010 | |
Silvergate Capital Corp. (a) | 3,316 | 49,508 | |
Simmons First National Corp. Class A | 79,838 | 1,362,835 | |
SmartFinancial, Inc. | 11,874 | 163,505 | |
South Plains Financial, Inc. | 2,893 | 41,312 | |
South State Corp. | 53,331 | 2,969,470 | |
Southern First Bancshares, Inc. (a) | 5,379 | 139,316 | |
Southern National Bancorp of Virginia, Inc. | 16,105 | 137,698 | |
Southside Bancshares, Inc. | 24,553 | 676,558 | |
Spirit of Texas Bancshares, Inc. (a) | 11,417 | 142,713 | |
Sterling Bancorp | 143,197 | 1,671,109 | |
Stock Yards Bancorp, Inc. | 16,189 | 694,994 | |
Summit Financial Group, Inc. | 7,446 | 109,829 | |
SVB Financial Group (a) | 38,847 | 9,920,747 | |
Synovus Financial Corp. | 109,419 | 2,392,994 | |
TCF Financial Corp. | 113,922 | 3,062,223 | |
Texas Capital Bancshares, Inc. (a) | 38,826 | 1,257,574 | |
The Bank of Princeton | 2,359 | 45,953 | |
The First Bancorp, Inc. | 8,039 | 171,070 | |
Tompkins Financial Corp. | 9,573 | 633,541 | |
TowneBank | 49,837 | 883,610 | |
Trico Bancshares | 21,166 | 586,087 | |
TriState Capital Holdings, Inc. (a) | 18,696 | 259,874 | |
Triumph Bancorp, Inc. (a) | 18,153 | 518,450 | |
Truist Financial Corp. | 1,016,215 | 39,439,304 | |
Trustmark Corp. | 49,002 | 1,150,567 | |
U.S. Bancorp | 1,033,393 | 37,615,505 | |
UMB Financial Corp. | 30,900 | 1,659,948 | |
Umpqua Holdings Corp. | 165,869 | 1,871,002 | |
Union Bankshares Corp. | 61,521 | 1,430,978 | |
Union Bankshares, Inc. | 698 | 13,520 | |
United Bankshares, Inc., West Virginia | 94,813 | 2,478,412 | |
United Community Bank, Inc. | 60,485 | 1,095,988 | |
United Security Bancshares, California | 12,691 | 77,288 | |
Unity Bancorp, Inc. | 4,868 | 64,647 | |
Univest Corp. of Pennsylvania | 24,022 | 386,514 | |
Valley National Bancorp | 287,515 | 2,159,238 | |
Veritex Holdings, Inc. | 36,900 | 663,462 | |
Washington Trust Bancorp, Inc. | 11,932 | 398,290 | |
Webster Financial Corp. | 66,547 | 1,830,043 | |
Wells Fargo & Co. | 2,814,690 | 67,974,764 | |
WesBanco, Inc. | 50,903 | 1,131,065 | |
West Bancorp., Inc. | 13,091 | 230,402 | |
Westamerica Bancorp. | 20,604 | 1,253,959 | |
Western Alliance Bancorp. | 70,677 | 2,494,898 | |
Wintrust Financial Corp. | 42,545 | 1,851,558 | |
Zions Bancorp NA | 123,244 | 3,963,527 | |
898,762,118 | |||
Capital Markets - 2.6% | |||
Affiliated Managers Group, Inc. | 35,512 | 2,437,899 | |
Ameriprise Financial, Inc. | 92,217 | 14,459,626 | |
Apollo Global Management LLC Class A | 155,400 | 7,283,598 | |
Ares Management Corp. | 56,038 | 2,266,737 | |
Artisan Partners Asset Management, Inc. | 43,005 | 1,664,724 | |
Ashford, Inc. (a) | 920 | 6,287 | |
Assetmark Financial Holdings, Inc. (a) | 9,610 | 232,082 | |
Associated Capital Group, Inc. | 2,749 | 106,249 | |
B. Riley Financial, Inc. | 11,509 | 308,211 | |
Bank of New York Mellon Corp. | 607,988 | 22,483,396 | |
BGC Partners, Inc. Class A | 212,351 | 535,125 | |
BlackRock, Inc. Class A | 116,459 | 69,198,773 | |
Blucora, Inc. (a) | 38,230 | 456,084 | |
BrightSphere Investment Group, Inc. | 46,250 | 641,025 | |
Carlyle Group LP (b) | 86,637 | 2,236,101 | |
Cboe Global Markets, Inc. | 82,948 | 7,613,797 | |
Charles Schwab Corp. | 864,736 | 30,724,070 | |
CME Group, Inc. | 270,727 | 47,612,757 | |
Cohen & Co., Inc. (a) | 202 | 3,642 | |
Cohen & Steers, Inc. | 16,651 | 1,007,386 | |
Cowen Group, Inc. Class A (b) | 23,185 | 419,417 | |
Diamond Hill Investment Group, Inc. | 2,307 | 285,860 | |
Donnelley Financial Solutions, Inc. (a) | 23,040 | 251,136 | |
E*TRADE Financial Corp. | 166,942 | 9,031,562 | |
Eaton Vance Corp. (non-vtg.) | 85,755 | 3,517,670 | |
Evercore, Inc. Class A | 30,312 | 1,875,707 | |
FactSet Research Systems, Inc. | 28,652 | 10,039,661 | |
Federated Hermes, Inc. Class B (non-vtg.) | 71,657 | 1,713,319 | |
Focus Financial Partners, Inc. Class A (a) | 23,325 | 825,472 | |
Franklin Resources, Inc. | 209,156 | 4,404,825 | |
GAMCO Investors, Inc. Class A | 2,363 | 29,821 | |
Goldman Sachs Group, Inc. | 233,556 | 47,848,618 | |
Great Elm Capital Group, Inc. (a) | 30,049 | 75,423 | |
Greenhill & Co., Inc. (b) | 10,981 | 123,207 | |
Hamilton Lane, Inc. Class A | 21,584 | 1,578,006 | |
Hennessy Advisors, Inc. (b) | 1,863 | 16,376 | |
Houlihan Lokey | 37,391 | 2,191,113 | |
Interactive Brokers Group, Inc. | 58,007 | 3,075,531 | |
Intercontinental Exchange, Inc. | 413,265 | 43,901,141 | |
INTL FCStone, Inc. (a) | 12,649 | 717,198 | |
Invesco Ltd. | 282,189 | 2,878,328 | |
Janus Henderson Group PLC (b) | 116,903 | 2,422,230 | |
KKR & Co. LP | 421,366 | 15,093,330 | |
Lazard Ltd. Class A | 84,716 | 2,682,956 | |
LPL Financial | 59,542 | 4,891,971 | |
Manning & Napier, Inc. Class A | 13,615 | 58,272 | |
MarketAxess Holdings, Inc. | 28,604 | 13,899,828 | |
Moelis & Co. Class A (b) | 39,924 | 1,273,975 | |
Moody's Corp. | 121,701 | 35,857,983 | |
Morgan Stanley | 903,595 | 47,221,875 | |
Morningstar, Inc. | 15,617 | 2,501,063 | |
MSCI, Inc. | 64,100 | 23,926,607 | |
Northern Trust Corp. | 156,833 | 12,843,054 | |
Och-Ziff Capital Management Group LLC Class A | 14,232 | 181,743 | |
Oppenheimer Holdings, Inc. Class A (non-vtg.) | 7,261 | 177,386 | |
Piper Jaffray Companies | 11,251 | 848,888 | |
PJT Partners, Inc. | 15,806 | 935,399 | |
Pzena Investment Management, Inc. | 10,873 | 53,821 | |
Raymond James Financial, Inc. | 91,986 | 6,965,180 | |
S&P Global, Inc. | 181,838 | 66,629,080 | |
Safeguard Scientifics, Inc. | 13,946 | 87,023 | |
SEI Investments Co. | 94,301 | 4,937,600 | |
Silvercrest Asset Management Group Class A | 2,536 | 31,801 | |
State Street Corp. | 265,263 | 18,061,758 | |
Stifel Financial Corp. | 51,436 | 2,608,320 | |
T. Rowe Price Group, Inc. | 171,813 | 23,918,088 | |
TD Ameritrade Holding Corp. | 199,889 | 7,671,740 | |
The Blackstone Group LP | 505,637 | 26,773,479 | |
The NASDAQ OMX Group, Inc. | 86,746 | 11,660,397 | |
Tradeweb Markets, Inc. Class A | 58,295 | 3,339,721 | |
U.S. Global Investments, Inc. Class A | 9,994 | 36,978 | |
Value Line, Inc. | 459 | 11,980 | |
Victory Capital Holdings, Inc. (b) | 11,701 | 203,480 | |
Virtu Financial, Inc. Class A | 57,418 | 1,483,107 | |
Virtus Investment Partners, Inc. | 5,628 | 798,613 | |
Waddell & Reed Financial, Inc. Class A (b) | 48,053 | 756,835 | |
Westwood Holdings Group, Inc. | 6,565 | 74,710 | |
WisdomTree Investments, Inc. | 93,346 | 349,114 | |
687,346,345 | |||
Consumer Finance - 0.5% | |||
Ally Financial, Inc. | 280,996 | 6,429,188 | |
American Express Co. | 498,198 | 50,611,935 | |
Asta Funding, Inc. (a) | 1,317 | 17,187 | |
Atlanticus Holdings Corp. (a) | 9,166 | 77,911 | |
Capital One Financial Corp. | 342,812 | 23,664,312 | |
Consumer Portfolio Services, Inc. (a) | 3,517 | 11,395 | |
Credit Acceptance Corp. (a)(b) | 9,864 | 3,815,395 | |
CURO Group Holdings Corp. | 11,986 | 92,292 | |
Discover Financial Services | 230,723 | 12,246,777 | |
Elevate Credit, Inc. (a)(b) | 16,945 | 33,382 | |
Encore Capital Group, Inc. (a)(b) | 21,862 | 1,004,340 | |
Enova International, Inc. (a) | 21,895 | 373,967 | |
EZCORP, Inc. (non-vtg.) Class A (a) | 36,583 | 196,817 | |
First Cash Financial Services, Inc. | 32,177 | 1,922,576 | |
Green Dot Corp. Class A (a) | 37,563 | 1,955,530 | |
LendingClub Corp. (a) | 54,644 | 291,253 | |
LendingTree, Inc. (a)(b) | 5,829 | 1,800,811 | |
Medallion Financial Corp. (a) | 15,161 | 41,086 | |
Navient Corp. | 126,324 | 1,148,285 | |
Nelnet, Inc. Class A | 16,331 | 1,069,517 | |
Nicholas Financial, Inc. (a) | 1,682 | 13,540 | |
OneMain Holdings, Inc. | 56,365 | 1,639,094 | |
Oportun Financial Corp. (a) | 4,836 | 60,692 | |
PRA Group, Inc. (a) | 33,934 | 1,583,869 | |
Regional Management Corp. (a) | 6,632 | 121,299 | |
Santander Consumer U.S.A. Holdings, Inc. | 71,965 | 1,238,518 | |
SLM Corp. | 283,766 | 2,167,972 | |
Synchrony Financial | 404,236 | 10,029,095 | |
World Acceptance Corp. (a)(b) | 4,308 | 391,985 | |
124,050,020 | |||
Diversified Financial Services - 1.3% | |||
A-Mark Precious Metals, Inc. (a) | 3,019 | 72,214 | |
Alerus Financial Corp. | 1,895 | 39,018 | |
Berkshire Hathaway, Inc. Class B (a) | 1,467,547 | 319,983,948 | |
Cannae Holdings, Inc. (a) | 63,769 | 2,406,004 | |
Equitable Holdings, Inc. | 305,447 | 6,472,422 | |
FlexShopper, Inc. (a) | 9,764 | 21,774 | |
Jefferies Financial Group, Inc. | 169,312 | 2,969,732 | |
Marlin Business Services Corp. | 7,185 | 48,140 | |
On Deck Capital, Inc. (a) | 36,594 | 59,282 | |
Rafael Holdings, Inc. (a) | 6,598 | 114,937 | |
Voya Financial, Inc. | 95,502 | 4,957,509 | |
337,144,980 | |||
Insurance - 2.0% | |||
AFLAC, Inc. | 541,281 | 19,659,326 | |
Alleghany Corp. | 10,781 | 5,978,711 | |
Allstate Corp. | 237,116 | 22,051,788 | |
AMBAC Financial Group, Inc. (a) | 35,955 | 454,112 | |
American Equity Investment Life Holding Co. | 68,017 | 1,626,286 | |
American Financial Group, Inc. | 55,934 | 3,739,188 | |
American International Group, Inc. | 649,084 | 18,914,308 | |
American National Group, Inc. | 7,048 | 528,670 | |
Amerisafe, Inc. | 14,728 | 982,799 | |
Aon PLC | 174,523 | 34,902,855 | |
Arch Capital Group Ltd. (a) | 306,041 | 9,652,533 | |
Argo Group International Holdings, Ltd. | 26,325 | 977,711 | |
Arthur J. Gallagher & Co. | 143,145 | 15,073,169 | |
Assurant, Inc. | 45,005 | 5,470,808 | |
Assured Guaranty Ltd. | 66,746 | 1,431,702 | |
Athene Holding Ltd. (a) | 89,092 | 3,257,204 | |
Atlas Financial Holdings, Inc.(a) | 2,758 | 1,071 | |
Axis Capital Holdings Ltd. | 63,376 | 3,026,838 | |
Brighthouse Financial, Inc. (a) | 70,335 | 2,135,371 | |
Brown & Brown, Inc. | 178,393 | 8,277,435 | |
BRP Group, Inc. (a) | 23,936 | 658,479 | |
Chubb Ltd. | 340,531 | 42,566,375 | |
Cincinnati Financial Corp. | 113,720 | 9,030,505 | |
Citizens, Inc. Class A (a)(b) | 41,008 | 239,897 | |
CNA Financial Corp. (b) | 21,421 | 689,114 | |
CNO Financial Group, Inc. (b) | 106,154 | 1,730,310 | |
Crawford & Co.: | |||
Class A (b) | 15,147 | 103,908 | |
Class B | 8,760 | 60,970 | |
Donegal Group, Inc. Class A | 9,829 | 141,832 | |
eHealth, Inc. (a) | 20,002 | 1,262,526 | |
Employers Holdings, Inc. | 24,208 | 788,697 | |
Enstar Group Ltd. (a) | 11,339 | 2,029,568 | |
Erie Indemnity Co. Class A | 13,903 | 2,967,456 | |
Everest Re Group Ltd. | 30,140 | 6,633,211 | |
FBL Financial Group, Inc. Class A | 8,253 | 305,774 | |
Fednat Holding Co. | 5,728 | 48,631 | |
First American Financial Corp. | 84,142 | 4,423,345 | |
FNF Group | 218,116 | 7,160,748 | |
Genworth Financial, Inc. Class A (a) | 376,760 | 1,137,815 | |
Globe Life, Inc. | 73,850 | 6,091,148 | |
Goosehead Insurance (b) | 9,218 | 947,242 | |
Greenlight Capital Re, Ltd. (a)(b) | 24,366 | 177,141 | |
Hallmark Financial Services, Inc. (a) | 11,086 | 37,027 | |
Hanover Insurance Group, Inc. | 28,683 | 2,939,721 | |
Hartford Financial Services Group, Inc. | 269,600 | 10,905,320 | |
HCI Group, Inc. (b) | 5,120 | 280,166 | |
Heritage Insurance Holdings, Inc. | 17,741 | 231,520 | |
Horace Mann Educators Corp. | 31,464 | 1,228,984 | |
Independence Holding Co. | 4,776 | 167,160 | |
Investors Title Co. | 929 | 126,400 | |
James River Group Holdings Ltd. | 23,441 | 1,141,811 | |
Kemper Corp. | 46,328 | 3,597,832 | |
Kingstone Companies, Inc. | 6,183 | 36,913 | |
Kinsale Capital Group, Inc. | 15,579 | 3,228,436 | |
Lincoln National Corp. | 145,246 | 5,236,118 | |
Loews Corp. | 182,023 | 6,527,345 | |
Maiden Holdings Ltd. (a) | 36,881 | 46,839 | |
Markel Corp. (a) | 10,381 | 11,282,382 | |
Marsh & McLennan Companies, Inc. | 385,279 | 44,272,410 | |
MBIA, Inc. (a) | 43,565 | 353,312 | |
Mercury General Corp. | 19,944 | 892,095 | |
MetLife, Inc. | 581,393 | 22,360,375 | |
National General Holdings Corp. | 50,283 | 1,712,136 | |
National Western Life Group, Inc. | 1,819 | 400,162 | |
NI Holdings, Inc. (a) | 6,998 | 114,207 | |
Old Republic International Corp. | 214,499 | 3,455,579 | |
Palomar Holdings, Inc. (a) | 13,623 | 1,530,544 | |
Primerica, Inc. | 30,781 | 3,843,008 | |
Principal Financial Group, Inc. | 192,081 | 8,088,531 | |
ProAssurance Corp. | 41,070 | 629,192 | |
Progressive Corp. | 441,881 | 41,996,370 | |
ProSight Global, Inc. (a) | 6,707 | 63,582 | |
Protective Insurance Corp. Class B | 5,963 | 85,629 | |
Prudential Financial, Inc. | 297,335 | 20,150,393 | |
Reinsurance Group of America, Inc. | 51,059 | 4,681,089 | |
RenaissanceRe Holdings Ltd. | 38,041 | 6,989,653 | |
RLI Corp. (b) | 29,963 | 2,810,230 | |
Safety Insurance Group, Inc. | 11,213 | 811,821 | |
Selective Insurance Group, Inc. | 44,677 | 2,672,131 | |
State Auto Financial Corp. | 13,944 | 215,156 | |
Stewart Information Services Corp. | 18,221 | 777,490 | |
The Travelers Companies, Inc. | 190,637 | 22,121,517 | |
Third Point Reinsurance Ltd. (a) | 62,052 | 531,165 | |
Tiptree, Inc. | 14,709 | 82,959 | |
Trupanion, Inc. (a)(b) | 22,398 | 1,405,027 | |
United Fire Group, Inc. | 16,694 | 420,355 | |
United Insurance Holdings Corp. | 14,642 | 110,840 | |
Universal Insurance Holdings, Inc. | 23,756 | 440,674 | |
Unum Group | 152,849 | 2,824,650 | |
W.R. Berkley Corp. | 106,519 | 6,609,504 | |
Watford Holdings Ltd. (a) | 3,498 | 55,968 | |
White Mountains Insurance Group Ltd. | 2,216 | 1,975,342 | |
Willis Towers Watson PLC | 97,212 | 19,979,982 | |
519,813,629 | |||
Mortgage Real Estate Investment Trusts - 0.1% | |||
AG Mortgage Investment Trust, Inc. (b) | 23,658 | 65,769 | |
AGNC Investment Corp. | 422,926 | 5,967,486 | |
Annaly Capital Management, Inc. | 1,079,007 | 7,930,701 | |
Anworth Mortgage Asset Corp. | 82,973 | 143,543 | |
Apollo Commercial Real Estate Finance, Inc. | 107,413 | 960,272 | |
Arbor Realty Trust, Inc. | 70,699 | 800,313 | |
Ares Commercial Real Estate Corp. | 22,407 | 223,174 | |
Arlington Asset Investment Corp. | 29,492 | 80,218 | |
Armour Residential REIT, Inc. | 48,422 | 469,209 | |
Blackstone Mortgage Trust, Inc. | 109,308 | 2,598,251 | |
Broadmark Realty Capital, Inc. | 98,454 | 964,849 | |
Capstead Mortgage Corp. | 77,756 | 479,755 | |
Cherry Hill Mortgage Investment Corp. | 13,705 | 131,020 | |
Chimera Investment Corp. | 140,044 | 1,244,991 | |
Colony NorthStar Credit Real Estate, Inc. | 67,332 | 405,339 | |
Dynex Capital, Inc. | 15,913 | 252,062 | |
Ellington Financial LLC | 32,031 | 399,106 | |
Ellington Residential Mortgage REIT | 4,582 | 52,052 | |
Exantas Capital Corp. | 23,103 | 53,830 | |
Granite Point Mortgage Trust, Inc. | 42,871 | 284,663 | |
Great Ajax Corp. | 16,932 | 154,420 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 55,553 | 2,358,780 | |
Hunt Companies Finance Trust, Inc. | 15,897 | 40,060 | |
Invesco Mortgage Capital, Inc. (b) | 129,597 | 388,791 | |
KKR Real Estate Finance Trust, Inc. (b) | 18,777 | 341,741 | |
Ladder Capital Corp. Class A | 76,770 | 571,937 | |
MFA Financial, Inc. | 355,680 | 953,222 | |
New Residential Investment Corp. | 307,693 | 2,381,544 | |
New York Mortgage Trust, Inc. | 301,744 | 796,604 | |
Nexpoint Real Estate Finance, Inc. | 2,439 | 37,487 | |
Orchid Island Capital, Inc. (b) | 45,352 | 231,749 | |
PennyMac Mortgage Investment Trust | 73,547 | 1,260,596 | |
Redwood Trust, Inc. | 85,023 | 589,209 | |
Starwood Property Trust, Inc. | 212,692 | 3,317,995 | |
TPG RE Finance Trust, Inc. | 39,657 | 349,775 | |
Tremont Mortgage Trust | 5,426 | 15,898 | |
Two Harbors Investment Corp. | 205,228 | 1,118,493 | |
Western Asset Mortgage Capital Corp. | 41,393 | 93,962 | |
ZAIS Financial Corp. | 32,228 | 329,692 | |
38,838,558 | |||
Thrifts & Mortgage Finance - 0.1% | |||
Axos Financial, Inc. (a) | 41,264 | 1,022,522 | |
Bridgewater Bancshares, Inc. (a) | 20,848 | 202,643 | |
Capitol Federal Financial, Inc. | 107,962 | 1,008,365 | |
Columbia Financial, Inc. (a) | 39,017 | 416,311 | |
Dime Community Bancshares, Inc. | 22,985 | 296,507 | |
ESSA Bancorp, Inc. | 6,972 | 89,242 | |
Essent Group Ltd. | 83,069 | 2,965,563 | |
Farmer Mac Class C (non-vtg.) | 7,766 | 529,253 | |
FFBW, Inc. (a) | 4,260 | 34,293 | |
First Defiance Financial Corp. | 29,587 | 540,702 | |
Flagstar Bancorp, Inc. | 31,427 | 987,436 | |
FS Bancorp, Inc. | 3,739 | 148,139 | |
Hingham Institution for Savings | 1,282 | 235,068 | |
Home Bancorp, Inc. | 6,025 | 145,564 | |
HomeStreet, Inc. | 18,891 | 517,047 | |
Impac Mortgage Holdings, Inc. (a)(b) | 6,758 | 10,272 | |
Kearny Financial Corp. | 64,789 | 502,763 | |
Luther Burbank Corp. | 13,372 | 124,226 | |
Merchants Bancorp/IN | 13,253 | 270,096 | |
Meridian Bancorp, Inc. Maryland | 43,111 | 501,812 | |
Meta Financial Group, Inc. | 26,200 | 505,136 | |
MGIC Investment Corp. | 252,623 | 2,316,553 | |
MMA Capital Management, LLC (a) | 3,726 | 87,486 | |
New York Community Bancorp, Inc. | 347,575 | 3,145,554 | |
NMI Holdings, Inc. (a) | 63,259 | 1,084,892 | |
Northfield Bancorp, Inc. | 34,632 | 334,545 | |
Northwest Bancshares, Inc. (b) | 90,041 | 910,315 | |
Ocwen Financial Corp. (a) | 5,746 | 109,289 | |
OP Bancorp | 8,169 | 49,831 | |
PCSB Financial Corp. | 13,638 | 172,930 | |
PDL Community Bancorp (a) | 1,821 | 14,768 | |
Pennymac Financial Services, Inc. | 31,594 | 1,665,636 | |
Pioneer Bancorp, Inc. (a) | 8,267 | 66,467 | |
Provident Bancorp, Inc. | 4,113 | 31,999 | |
Provident Financial Holdings, Inc. | 2,705 | 32,217 | |
Provident Financial Services, Inc. | 55,582 | 732,571 | |
Prudential Bancorp, Inc. | 6,181 | 61,130 | |
Radian Group, Inc. | 145,357 | 2,244,312 | |
Randolph Bancorp, Inc. (a) | 4,697 | 51,197 | |
Riverview Bancorp, Inc. | 12,078 | 49,882 | |
Rocket Cos., Inc. (a)(b) | 77,100 | 2,158,800 | |
Sachem Capital Corp. | 14,416 | 51,177 | |
Security National Financial Corp. Class A | 4,112 | 25,988 | |
Severn Bancorp, Inc. | 4,434 | 27,225 | |
Southern Missouri Bancorp, Inc. | 6,912 | 163,676 | |
Standard AVB Financial Corp. | 2,698 | 49,778 | |
Sterling Bancorp, Inc. | 13,300 | 39,501 | |
Territorial Bancorp, Inc. | 6,209 | 131,382 | |
TFS Financial Corp. | 39,762 | 614,323 | |
Timberland Bancorp, Inc. | 6,187 | 108,211 | |
Trustco Bank Corp., New York | 77,648 | 462,782 | |
Walker & Dunlop, Inc. | 21,293 | 1,166,431 | |
Washington Federal, Inc. | 59,250 | 1,389,413 | |
Waterstone Financial, Inc. | 20,104 | 311,411 | |
Westfield Financial, Inc. | 18,119 | 92,769 | |
WMI Holdings Corp. (a) | 58,034 | 1,063,473 | |
WSFS Financial Corp. | 40,012 | 1,172,352 | |
33,243,226 | |||
TOTAL FINANCIALS | 2,639,198,876 | ||
HEALTH CARE - 14.1% | |||
Biotechnology - 2.8% | |||
89Bio, Inc. (a) | 4,748 | 182,798 | |
AbbVie, Inc. | 1,330,034 | 127,377,356 | |
Abeona Therapeutics, Inc. (a) | 50,441 | 118,536 | |
ACADIA Pharmaceuticals, Inc. (a) | 85,696 | 3,392,705 | |
Acceleron Pharma, Inc. (a) | 38,374 | 3,740,314 | |
Acorda Therapeutics, Inc. (a)(b) | 29,011 | 16,139 | |
Actinium Pharmaceuticals, Inc. (a)(b) | 10,961 | 91,086 | |
Adamas Pharmaceuticals, Inc. (a) | 11,305 | 58,560 | |
ADMA Biologics, Inc. (a)(b) | 53,964 | 137,608 | |
Aduro Biotech, Inc. (a) | 40,033 | 124,102 | |
Advaxis, Inc. (a) | 55,640 | 27,592 | |
Adverum Biotechnologies, Inc. (a) | 61,786 | 753,789 | |
Aeglea BioTherapeutics, Inc. (a) | 31,296 | 227,678 | |
Aevi Genomic Medicine, Inc. rights (a)(c) | 12,284 | 413 | |
Agenus, Inc. (a) | 107,774 | 469,356 | |
AgeX Therapeutics, Inc. (a)(b) | 10,213 | 9,020 | |
Agios Pharmaceuticals, Inc. (a) | 46,977 | 1,926,527 | |
Aimmune Therapeutics, Inc. (a)(b) | 31,714 | 1,085,253 | |
Akebia Therapeutics, Inc. (a) | 105,167 | 1,094,788 | |
Akero Therapeutics, Inc. (a) | 8,601 | 280,393 | |
Albireo Pharma, Inc. (a)(b) | 10,481 | 291,581 | |
Aldeyra Therapeutics, Inc. (a)(b) | 17,334 | 113,191 | |
Alector, Inc. (a) | 28,254 | 365,042 | |
Alexion Pharmaceuticals, Inc. (a) | 166,557 | 19,024,141 | |
Alkermes PLC (a) | 118,647 | 1,962,421 | |
Allakos, Inc. (a)(b) | 18,212 | 1,631,431 | |
Allena Pharmaceuticals, Inc. (a)(b) | 8,476 | 11,443 | |
Allogene Therapeutics, Inc. (a)(b) | 48,044 | 1,712,769 | |
Alnylam Pharmaceuticals, Inc. (a) | 85,166 | 11,296,418 | |
Alpine Immune Sciences, Inc. (a) | 3,562 | 29,066 | |
Altimmune, Inc. (a) | 11,540 | 194,680 | |
Amgen, Inc. | 443,855 | 112,437,349 | |
Amicus Therapeutics, Inc. (a) | 193,293 | 2,822,078 | |
AnaptysBio, Inc. (a) | 19,535 | 338,542 | |
Anavex Life Sciences Corp. (a)(b) | 38,372 | 162,697 | |
Anika Therapeutics, Inc. (a)(b) | 10,775 | 413,006 | |
Anixa Biosciences, Inc. (a) | 7,437 | 14,725 | |
Apellis Pharmaceuticals, Inc. (a) | 40,878 | 1,260,269 | |
Applied Genetic Technologies Corp. (a) | 8,034 | 41,295 | |
Applied Therapeutics, Inc. (a) | 6,225 | 150,023 | |
Aprea Therapeutics, Inc. | 4,729 | 128,156 | |
Aptevo Therapeutics, Inc. (a) | 540 | 4,234 | |
Aptinyx, Inc. (a) | 20,881 | 69,116 | |
AquaBounty Technologies, Inc. (a) | 12,171 | 34,687 | |
Aravive, Inc. (a) | 5,497 | 31,333 | |
Arbutus Biopharma Corp. (a)(b) | 38,223 | 111,229 | |
Arcturus Therapeutics Holdings, Inc. (a) | 14,162 | 683,175 | |
Arcus Biosciences, Inc. (a) | 30,485 | 725,543 | |
Arcutis Biotherapeutics, Inc. (a) | 7,344 | 184,114 | |
Ardelyx, Inc. (a) | 49,183 | 282,310 | |
Arena Pharmaceuticals, Inc. (a) | 41,787 | 2,917,568 | |
Aridis Pharmaceuticals, Inc. (a) | 2,503 | 17,521 | |
Arrowhead Pharmaceuticals, Inc. (a) | 76,540 | 3,233,050 | |
Assembly Biosciences, Inc. (a) | 22,503 | 492,141 | |
Atara Biotherapeutics, Inc. (a) | 47,214 | 636,445 | |
Athenex, Inc. (a)(b) | 36,664 | 421,269 | |
Athersys, Inc. (a)(b) | 137,048 | 298,765 | |
Atossa Therapeutics, Inc. (a) | 10,240 | 26,112 | |
Atreca, Inc. (a)(b) | 6,186 | 87,965 | |
aTyr Pharma, Inc. (a) | 138 | 519 | |
AVEO Pharmaceuticals, Inc. (a) | 7,107 | 33,829 | |
Avid Bioservices, Inc. (a)(b) | 34,721 | 291,309 | |
AVROBIO, Inc. (a) | 19,661 | 340,529 | |
Axcella Health, Inc. (a) | 16,266 | 81,330 | |
Beam Therapeutics, Inc. (b) | 9,740 | 244,571 | |
Bellicum Pharmaceuticals, Inc. (a)(b) | 2,237 | 13,310 | |
Bio Path Holdings, Inc. (a) | 920 | 3,956 | |
Biocept, Inc. (a)(b) | 122,108 | 81,202 | |
BioCryst Pharmaceuticals, Inc. (a)(b) | 100,745 | 418,092 | |
Biogen, Inc. (a) | 123,103 | 35,409,347 | |
Biohaven Pharmaceutical Holding Co. Ltd. (a) | 33,161 | 2,102,076 | |
BioMarin Pharmaceutical, Inc. (a) | 136,244 | 10,631,119 | |
Biospecifics Technologies Corp. (a) | 5,229 | 337,271 | |
BioTime, Inc. (a)(b) | 95,181 | 87,091 | |
BioXcel Therapeutics, Inc. (a)(b) | 10,122 | 412,472 | |
Black Diamond Therapeutics, Inc. (a)(b) | 9,624 | 276,882 | |
bluebird bio, Inc. (a) | 48,650 | 2,884,945 | |
Blueprint Medicines Corp. (a) | 40,736 | 3,154,188 | |
BrainStorm Cell Therpeutic, Inc. (a)(b) | 19,943 | 251,481 | |
Brickell Biotech, Inc. (a) | 276 | 259 | |
Bridgebio Pharma, Inc. (a)(b) | 16,013 | 478,148 | |
Cabaletta Bio, Inc. (a) | 7,056 | 74,441 | |
Calithera Biosciences, Inc. (a) | 43,428 | 175,015 | |
Calyxt, Inc. (a)(b) | 6,178 | 33,577 | |
Cancer Genetics, Inc. (a) | 95 | 510 | |
Capricor Therapeutics, Inc. (a)(b) | 9,674 | 58,334 | |
Cardiff Oncology, Inc. (a)(b) | 7,583 | 60,209 | |
CareDx, Inc. (a) | 30,698 | 1,048,337 | |
CASI Pharmaceuticals, Inc. (a) | 32,151 | 54,978 | |
Castle Biosciences, Inc. (a)(b) | 3,309 | 151,321 | |
Catabasis Pharmaceuticals, Inc. (a) | 7,466 | 49,276 | |
Catalyst Biosciences, Inc. (a)(b) | 15,200 | 79,344 | |
Catalyst Pharmaceutical Partners, Inc. (a) | 74,186 | 243,330 | |
Cel-Sci Corp. (a)(b) | 27,681 | 357,915 | |
Celcuity, Inc. (a) | 3,002 | 16,661 | |
Celldex Therapeutics, Inc. (a)(b) | 14,298 | 170,718 | |
Cellular Biomedicine Group, Inc. (a) | 10,140 | 188,401 | |
Celsion Corp. (a)(b) | 31,723 | 29,264 | |
Checkpoint Therapeutics, Inc. (a) | 33,203 | 72,383 | |
ChemoCentryx, Inc. (a) | 36,118 | 1,932,313 | |
Chimerix, Inc. (a) | 38,459 | 108,070 | |
Cidara Therapeutics, Inc. (a) | 21,577 | 68,615 | |
Cleveland Biolabs, Inc. (a) | 523 | 973 | |
Clovis Oncology, Inc. (a)(b) | 71,994 | 375,089 | |
CohBar, Inc. (a)(b) | 25,615 | 23,899 | |
Coherus BioSciences, Inc. (a)(b) | 45,334 | 859,986 | |
Concert Pharmaceuticals, Inc. (a) | 16,764 | 161,270 | |
Constellation Pharmaceuticals, Inc. (a) | 17,274 | 363,618 | |
ContraFect Corp. (a) | 20,396 | 111,566 | |
Corbus Pharmaceuticals Holdings, Inc. (a)(b) | 44,962 | 417,472 | |
Cortexyme, Inc. (a)(b) | 3,402 | 149,586 | |
Corvus Pharmaceuticals, Inc. (a)(b) | 5,901 | 22,365 | |
Crinetics Pharmaceuticals, Inc. (a) | 15,259 | 244,602 | |
CTI BioPharma Corp. (a) | 42,248 | 46,895 | |
Cue Biopharma, Inc. (a) | 16,323 | 291,692 | |
Curis, Inc. (a) | 23,763 | 26,139 | |
Cyclacel Pharmaceuticals, Inc. (a) | 14 | 53 | |
Cyclerion Therapeutics, Inc. (a) | 10,181 | 69,434 | |
Cytokinetics, Inc. (a) | 51,583 | 1,235,929 | |
CytomX Therapeutics, Inc. (a) | 35,446 | 258,756 | |
Deciphera Pharmaceuticals, Inc. (a) | 14,849 | 668,353 | |
Denali Therapeutics, Inc. (a) | 56,024 | 1,787,166 | |
DiaMedica Therapeutics, Inc. (a) | 5,201 | 24,705 | |
Dicerna Pharmaceuticals, Inc. (a) | 44,171 | 818,047 | |
Diffusion Pharmaceuticals, Inc. (a)(b) | 32,198 | 31,538 | |
Dyadic International, Inc. (a)(b) | 15,307 | 121,691 | |
Dynavax Technologies Corp. (a)(b) | 84,104 | 502,942 | |
Eagle Pharmaceuticals, Inc. (a) | 7,807 | 309,782 | |
Edge Therapeutics, Inc. (a) | 9,081 | 22,067 | |
Editas Medicine, Inc. (a)(b) | 46,367 | 1,633,509 | |
Eidos Therapeutics, Inc. (a)(b) | 4,141 | 179,222 | |
Eiger Biopharmaceuticals, Inc. (a) | 15,605 | 174,308 | |
Emergent BioSolutions, Inc. (a) | 33,506 | 3,821,359 | |
Enanta Pharmaceuticals, Inc. (a) | 12,207 | 637,083 | |
Enochian Biosciences, Inc. (a)(b) | 16,088 | 65,639 | |
Epizyme, Inc. (a)(b) | 58,377 | 758,901 | |
Esperion Therapeutics, Inc. (a)(b) | 19,255 | 695,106 | |
Evelo Biosciences, Inc. (a)(b) | 9,557 | 42,433 | |
Exact Sciences Corp. (a) | 107,226 | 8,073,046 | |
Exelixis, Inc. (a) | 230,943 | 5,131,553 | |
Exicure, Inc. (a) | 54,440 | 108,336 | |
Fate Therapeutics, Inc. (a) | 51,901 | 1,889,196 | |
FibroGen, Inc. (a) | 60,064 | 2,692,669 | |
Five Prime Therapeutics, Inc. (a) | 22,696 | 96,912 | |
Flexion Therapeutics, Inc. (a)(b) | 35,555 | 414,571 | |
Forte Biosciences, Inc. (a) | 902 | 28,188 | |
Fortress Biotech, Inc. (a) | 36,049 | 142,574 | |
Frequency Therapeutics, Inc. (b) | 5,210 | 100,761 | |
G1 Therapeutics, Inc. (a) | 22,000 | 337,700 | |
Galectin Therapeutics, Inc. (a)(b) | 26,209 | 69,454 | |
Galera Therapeutics, Inc. (a) | 4,662 | 36,410 | |
Genocea Biosciences, Inc. (a)(b) | 12,239 | 29,618 | |
Genprex, Inc. (a)(b) | 11,711 | 46,376 | |
Geron Corp. (a)(b) | 243,209 | 498,578 | |
Gilead Sciences, Inc. | 945,958 | 63,142,697 | |
Global Blood Therapeutics, Inc. (a) | 45,609 | 2,863,333 | |
GlycoMimetics, Inc. (a) | 21,677 | 79,988 | |
Gossamer Bio, Inc. (a)(b) | 37,944 | 527,422 | |
Gritstone Oncology, Inc. (a) | 15,591 | 51,606 | |
Halozyme Therapeutics, Inc. (a) | 86,984 | 2,522,101 | |
Harpoon Therapeutics, Inc. (a) | 4,595 | 63,227 | |
Heat Biologics, Inc. (a) | 57,503 | 72,454 | |
Hemispherx Biopharma, Inc. (a)(b) | 20,204 | 45,459 | |
Heron Therapeutics, Inc. (a)(b) | 59,640 | 852,852 | |
Histogen, Inc. (a) | 1,077 | 2,154 | |
Homology Medicines, Inc. (a) | 19,211 | 204,213 | |
Hookipa Pharma, Inc. (a)(b) | 6,212 | 55,535 | |
iBio, Inc. (a)(b) | 79,780 | 166,740 | |
Ideaya Biosciences, Inc. (a) | 2,686 | 32,501 | |
Idera Pharmaceuticals, Inc. (a)(b) | 11,574 | 24,074 | |
IGM Biosciences, Inc. (a)(b) | 9,052 | 389,236 | |
Immucell Corp. (a) | 7,193 | 37,547 | |
Immunic, Inc. (a) | 2,675 | 42,934 | |
ImmunoGen, Inc. (a)(b) | 132,196 | 489,125 | |
Immunomedics, Inc. (a)(b) | 156,583 | 6,977,338 | |
Immunovant, Inc. (a) | 19,966 | 678,045 | |
Incyte Corp. (a) | 135,926 | 13,096,470 | |
Infinity Pharmaceuticals, Inc. (a) | 24,412 | 27,097 | |
Inmune Bio, Inc. (a) | 2,036 | 21,378 | |
Inovio Pharmaceuticals, Inc. (a)(b) | 114,494 | 1,372,783 | |
Insmed, Inc. (a) | 75,718 | 2,134,490 | |
Intellia Therapeutics, Inc. (a)(b) | 33,341 | 719,499 | |
Intercept Pharmaceuticals, Inc. (a)(b) | 19,212 | 958,295 | |
Invitae Corp. (a)(b) | 86,531 | 3,025,124 | |
Ionis Pharmaceuticals, Inc. (a) | 95,549 | 5,207,421 | |
Iovance Biotherapeutics, Inc. (a)(b) | 100,510 | 3,349,998 | |
Ironwood Pharmaceuticals, Inc. Class A (a)(b) | 117,801 | 1,189,790 | |
IsoRay, Inc. (a)(b) | 55,167 | 36,256 | |
Iveric Bio, Inc. (a) | 23,883 | 107,235 | |
Jounce Therapeutics, Inc. (a) | 10,614 | 51,372 | |
Kadmon Holdings, Inc. (a)(b) | 111,306 | 556,530 | |
Kalvista Pharmaceuticals, Inc. (a) | 9,929 | 130,070 | |
Karuna Therapeutics, Inc. (a)(b) | 7,871 | 601,344 | |
Karyopharm Therapeutics, Inc. (a) | 48,094 | 731,510 | |
Keros Therapeutics, Inc. (b) | 5,176 | 277,123 | |
Kezar Life Sciences, Inc. (a) | 23,210 | 112,801 | |
Kindred Biosciences, Inc. (a) | 29,847 | 148,041 | |
Kiniksa Pharmaceuticals Ltd. (a)(b) | 9,216 | 162,847 | |
Kodiak Sciences, Inc. (a)(b) | 19,431 | 1,021,876 | |
Krystal Biotech, Inc. (a) | 8,580 | 410,210 | |
Kura Oncology, Inc. (a) | 37,398 | 930,836 | |
La Jolla Pharmaceutical Co. (a)(b) | 15,615 | 65,583 | |
Larimar Therapeutics, Inc. (a)(b) | 1,644 | 20,238 | |
Leap Therapeutics, Inc. (a) | 14,914 | 25,950 | |
Lexicon Pharmaceuticals, Inc. (a)(b) | 27,788 | 48,629 | |
Ligand Pharmaceuticals, Inc. Class B (a)(b) | 12,371 | 1,261,842 | |
LogicBio Therapeutics, Inc. (a) | 3,959 | 24,942 | |
Macrogenics, Inc. (a) | 36,513 | 1,056,686 | |
Madrigal Pharmaceuticals, Inc. (a)(b) | 7,456 | 803,011 | |
Magenta Therapeutics, Inc. (a) | 10,896 | 79,214 | |
MannKind Corp. (a)(b) | 155,005 | 269,709 | |
Marker Therapeutics, Inc. (a) | 18,701 | 33,662 | |
Matinas BioPharma Holdings, Inc. (a)(b) | 102,071 | 79,830 | |
MediciNova, Inc. (a)(b) | 26,891 | 140,909 | |
MEI Pharma, Inc. (a) | 66,808 | 181,718 | |
Merrimack Pharmaceuticals, Inc. (b) | 6,570 | 27,134 | |
Mersana Therapeutics, Inc. (a) | 41,165 | 788,721 | |
Minerva Neurosciences, Inc. (a)(b) | 26,227 | 83,402 | |
Miragen Therapeutics, Inc. (a)(b) | 33,262 | 30,797 | |
Mirati Therapeutics, Inc. (a) | 28,181 | 4,209,396 | |
Mirum Pharmaceuticals, Inc. (a)(b) | 6,398 | 166,092 | |
Moderna, Inc. (a)(b) | 222,859 | 14,461,321 | |
Molecular Templates, Inc. (a) | 17,253 | 200,307 | |
Moleculin Biotech, Inc. (a) | 11,050 | 9,689 | |
Momenta Pharmaceuticals, Inc. (a) | 88,548 | 4,619,549 | |
Morphic Holding, Inc. (a) | 5,008 | 132,712 | |
Mustang Bio, Inc. (a) | 21,501 | 70,308 | |
Myriad Genetics, Inc. (a) | 56,642 | 757,304 | |
NanoViricides, Inc. (a) | 3,748 | 14,880 | |
NantKwest, Inc. (a)(b) | 26,549 | 193,808 | |
Natera, Inc. (a) | 49,665 | 3,164,157 | |
Navidea Biopharmaceuticals, Inc. (a) | 17,813 | 52,905 | |
Neoleukin Therapeutics, Inc. (a)(b) | 22,168 | 281,755 | |
Neubase Therapeutics, Inc. (a) | 3,785 | 30,394 | |
Neurobo Pharmaceuticals, Inc. (a)(b) | 885 | 5,381 | |
Neurobo Pharmaceuticals, Inc. rights (a)(c) | 3,973 | 0 | |
Neurocrine Biosciences, Inc. (a) | 70,121 | 8,163,487 | |
Neurotrope, Inc. (a) | 2,281 | 2,463 | |
NewLink Genetics Corp. (a)(b) | 1,359 | 20,725 | |
NextCure, Inc. (a)(b) | 6,793 | 61,069 | |
Novavax, Inc. (a)(b) | 43,713 | 4,823,292 | |
Ocugen, Inc. (a)(b) | 45,228 | 15,748 | |
OncoCyte Corp. (a) | 17,782 | 22,228 | |
OncoSec Medical, Inc. (a) | 3,973 | 14,025 | |
Oncternal Therapeutics, Inc. (a) | 2,013 | 4,288 | |
Oncternal Therapeutics, Inc. rights (a)(c) | 780 | 0 | |
Opko Health, Inc. (a)(b) | 314,806 | 1,019,971 | |
Oragenics, Inc. (a)(b) | 38,630 | 28,204 | |
Organogenesis Holdings, Inc. Class A (a) | 14,714 | 63,344 | |
Organovo Holdings, Inc. (a) | 4,972 | 45,345 | |
Orgenesis, Inc. (a) | 9,520 | 50,170 | |
ORIC Pharmaceuticals, Inc. (a)(b) | 7,939 | 198,872 | |
Outlook Therapeutics, Inc. (a)(b) | 28,510 | 18,817 | |
OvaScience, Inc. (a)(b) | 6,045 | 10,941 | |
Ovid Therapeutics, Inc. (a)(b) | 29,569 | 169,726 | |
Oyster Point Pharma, Inc. (a)(b) | 7,672 | 174,615 | |
Palatin Technologies, Inc. (a)(b) | 172,465 | 95,321 | |
Passage Bio, Inc. | 11,774 | 194,977 | |
PDL BioPharma, Inc. (a) | 91,243 | 305,664 | |
Pfenex, Inc. (a) | 25,111 | 314,641 | |
PhaseBio Pharmaceuticals, Inc. (a)(b) | 9,554 | 36,878 | |
Pieris Pharmaceuticals, Inc. (a)(b) | 31,200 | 89,232 | |
Polarityte, Inc. (a)(b) | 11,218 | 13,574 | |
Precigen, Inc. (a)(b) | 56,446 | 341,498 | |
Precision BioSciences, Inc. (a) | 5,548 | 31,291 | |
Prevail Therapeutics, Inc. (a) | 5,303 | 64,962 | |
Principia Biopharma, Inc. (a) | 14,058 | 1,405,941 | |
Protagonist Therapeutics, Inc. (a) | 23,011 | 515,446 | |
Protara Therapeutics, Inc. (a) | 875 | 18,725 | |
Proteostasis Therapeutics, Inc. (a) | 24,450 | 33,008 | |
Prothena Corp. PLC (a) | 27,709 | 359,109 | |
PTC Therapeutics, Inc. (a) | 46,920 | 2,319,021 | |
Puma Biotechnology, Inc. (a) | 26,391 | 271,563 | |
Radius Health, Inc. (a) | 32,536 | 402,796 | |
RAPT Therapeutics, Inc. (a) | 5,356 | 142,470 | |
Recro Pharma, Inc. (a) | 11,148 | 30,657 | |
Regeneron Pharmaceuticals, Inc. (a) | 76,079 | 47,163,654 | |
REGENXBIO, Inc. (a) | 23,982 | 731,931 | |
Regulus Therapeutics, Inc. (a)(b) | 2,109 | 1,118 | |
Repligen Corp. (a) | 35,475 | 5,495,432 | |
Replimune Group, Inc. (a) | 8,511 | 229,797 | |
Retrophin, Inc. (a) | 33,600 | 658,224 | |
Revolution Medicines, Inc. | 16,046 | 454,744 | |
Rexahn Pharmaceuticals, Inc. (a) | 1,038 | 2,367 | |
Rhythm Pharmaceuticals, Inc. (a)(b) | 23,951 | 706,794 | |
Rigel Pharmaceuticals, Inc. (a) | 126,392 | 314,716 | |
Rocket Pharmaceuticals, Inc. (a)(b) | 26,358 | 673,974 | |
Rubius Therapeutics, Inc. (a)(b) | 26,347 | 126,861 | |
Sage Therapeutics, Inc. (a) | 38,843 | 2,036,927 | |
Salarius Pharmaceuticals, Inc. (a)(b) | 121 | 114 | |
Salarius Pharmaceuticals, Inc. rights (a)(c) | 2,725 | 335 | |
Sangamo Therapeutics, Inc. (a)(b) | 89,305 | 985,481 | |
Sarepta Therapeutics, Inc. (a) | 55,820 | 8,173,164 | |
Savara, Inc. (a) | 16,342 | 23,859 | |
Scholar Rock Holding Corp. (a) | 12,890 | 194,639 | |
Seattle Genetics, Inc. (a) | 87,295 | 13,822,290 | |
Selecta Biosciences, Inc. (a) | 20,347 | 52,902 | |
Sellas Life Sciences Group, Inc. (a) | 2,078 | 4,447 | |
Seneca Biopharma, Inc. (a)(b) | 122 | 84 | |
Seres Therapeutics, Inc. (a) | 47,562 | 1,259,917 | |
Sesen Bio, Inc. (a) | 74,959 | 77,208 | |
Soleno Therapeutics, Inc. (a) | 18,192 | 38,931 | |
Solid Biosciences, Inc. (a)(b) | 13,643 | 32,607 | |
Soligenix, Inc. (a)(b) | 18,600 | 36,642 | |
Sorrento Therapeutics, Inc. (a)(b) | 127,683 | 1,022,741 | |
Spectrum Pharmaceuticals, Inc. (a) | 82,153 | 345,864 | |
Spero Therapeutics, Inc. (a)(b) | 10,833 | 117,755 | |
Spring Bank Pharmaceuticals, Inc. (a) | 6,222 | 8,026 | |
Springworks Therapeutics, Inc. (a)(b) | 7,160 | 317,976 | |
Stoke Therapeutics, Inc. (a)(b) | 5,725 | 168,143 | |
Sunesis Pharmaceuticals, Inc. (a)(b) | 49,268 | 13,697 | |
Surface Oncology, Inc. (a) | 6,983 | 45,390 | |
Sutro Biopharma, Inc. (a)(b) | 18,346 | 183,643 | |
Syndax Pharmaceuticals, Inc. (a) | 19,663 | 320,704 | |
Synlogic, Inc. (a) | 10,050 | 22,110 | |
Synthetic Biologics, Inc. (a) | 714 | 456 | |
Syros Pharmaceuticals, Inc. (a) | 30,252 | 400,839 | |
T2 Biosystems, Inc. (a)(b) | 77,632 | 121,106 | |
TCR2 Therapeutics, Inc. (a)(b) | 10,411 | 210,510 | |
TG Therapeutics, Inc. (a)(b) | 72,666 | 1,802,480 | |
TONIX Pharmaceuticals Holding (a) | 64,901 | 57,450 | |
TRACON Pharmaceuticals, Inc. (a)(b) | 122 | 231 | |
Translate Bio, Inc. (a)(b) | 44,845 | 631,866 | |
Trevena, Inc. (a)(b) | 73,183 | 129,534 | |
Turning Point Therapeutics, Inc. (a) | 15,041 | 1,175,905 | |
Twist Bioscience Corp. (a) | 21,983 | 1,537,271 | |
Tyme, Inc. (a) | 24,524 | 24,769 | |
Ultragenyx Pharmaceutical, Inc. (a) | 42,136 | 3,584,088 | |
United Therapeutics Corp. (a) | 33,022 | 3,532,033 | |
UNITY Biotechnology, Inc. (a)(b) | 20,844 | 65,450 | |
Unum Therapeutics, Inc. (a) | 4,804 | 13,739 | |
Unum Therapeutics, Inc. rights (a)(c) | 4,804 | 0 | |
Vanda Pharmaceuticals, Inc. (a) | 40,689 | 418,690 | |
Vaxart, Inc. (a) | 51,261 | 303,978 | |
VBI Vaccines, Inc. (a)(b) | 180,326 | 768,189 | |
Veracyte, Inc. (a) | 40,347 | 1,343,959 | |
Verastem, Inc. (a)(b) | 105,487 | 132,914 | |
Vericel Corp. (a) | 34,266 | 543,116 | |
Vertex Pharmaceuticals, Inc. (a) | 195,515 | 54,572,147 | |
Viela Bio, Inc. (b) | 9,522 | 320,796 | |
Viking Therapeutics, Inc. (a)(b) | 46,990 | 314,363 | |
VistaGen Therapeutics, Inc. (a)(b) | 16,097 | 11,268 | |
Voyager Therapeutics, Inc. (a)(b) | 20,589 | 242,744 | |
vTv Therapeutics, Inc. Class A (a) | 1,569 | 3,264 | |
X4 Pharmaceuticals, Inc. (a) | 14,125 | 118,368 | |
Xbiotech, Inc. (a) | 12,145 | 229,783 | |
Xencor, Inc. (a) | 37,615 | 1,344,736 | |
XOMA Corp. (a)(b) | 5,646 | 107,387 | |
Y-mAbs Therapeutics, Inc. (a) | 12,668 | 545,104 | |
Yield10 Bioscience, Inc. (a) | 5 | 25 | |
Zentalis Pharmaceuticals, Inc. (b) | 8,833 | 303,855 | |
ZIOPHARM Oncology, Inc. (a)(b) | 135,281 | 380,140 | |
737,071,745 | |||
Health Care Equipment & Supplies - 3.6% | |||
Abbott Laboratories | 1,335,024 | 146,145,077 | |
Abiomed, Inc. (a) | 33,954 | 10,444,929 | |
Accelerate Diagnostics, Inc. (a)(b) | 20,269 | 246,876 | |
Accuray, Inc. (a) | 67,562 | 157,419 | |
Aethlon Medical, Inc. (a)(b) | 8,866 | 12,590 | |
Akers Biosciences, Inc. (a) | 230 | 580 | |
Align Technology, Inc. (a) | 54,061 | 16,055,036 | |
Allied Healthcare Products, Inc. (a)(b) | 2,823 | 19,592 | |
Alphatec Holdings, Inc. (a)(b) | 32,843 | 196,730 | |
Angiodynamics, Inc. (a) | 29,474 | 276,024 | |
Antares Pharma, Inc. (a) | 118,365 | 334,973 | |
Apollo Endosurgery, Inc. (a) | 30 | 42 | |
Aspira Women's Health, Inc. (a) | 42,951 | 123,055 | |
Atricure, Inc. (a) | 32,723 | 1,463,700 | |
Atrion Corp. | 1,097 | 692,997 | |
Avanos Medical, Inc. (a) | 36,556 | 1,184,414 | |
Avinger, Inc. (a)(b) | 178 | 86 | |
AxoGen, Inc. (a) | 26,604 | 315,789 | |
Axonics Modulation Technologies, Inc. (a) | 15,680 | 662,637 | |
Baxter International, Inc. | 383,904 | 33,426,521 | |
Becton, Dickinson & Co. | 222,554 | 54,029,435 | |
Bellerophon Therapeutics, Inc. (a) | 6,858 | 73,998 | |
Beyond Air, Inc. (a) | 8,668 | 48,107 | |
BioLase Technology, Inc. (a) | 1,838 | 571 | |
BioLife Solutions, Inc. (a) | 12,943 | 275,945 | |
Biomerica, Inc. (a)(b) | 5,936 | 43,095 | |
BioSig Technologies, Inc. (a) | 11,983 | 88,794 | |
Boston Scientific Corp. (a) | 1,078,246 | 44,229,651 | |
Bovie Medical Corp. (a)(b) | 17,133 | 78,640 | |
Cantel Medical Corp. | 28,458 | 1,493,476 | |
Cardiovascular Systems, Inc. (a) | 26,855 | 877,353 | |
Cerus Corp. (a) | 125,322 | 798,301 | |
Chembio Diagnostics, Inc. (a)(b) | 11,311 | 46,375 | |
Co.-Diagnostics, Inc. (a)(b) | 16,297 | 177,637 | |
ConforMis, Inc. (a)(b) | 41,372 | 29,374 | |
CONMED Corp. (b) | 21,346 | 1,842,373 | |
Cryolife, Inc. (a)(b) | 28,816 | 582,660 | |
CryoPort, Inc. (a) | 29,251 | 1,622,845 | |
Cutera, Inc. (a) | 12,385 | 202,742 | |
CytoSorbents Corp. (a)(b) | 22,446 | 189,444 | |
Danaher Corp. | 474,938 | 98,060,449 | |
Dare Bioscience, Inc. (a) | 5,086 | 5,493 | |
DarioHealth Corp. (a)(b) | 2,105 | 34,354 | |
Delcath Systems, Inc. (a)(b) | 2,946 | 35,028 | |
Dentsply Sirona, Inc. | 165,279 | 7,416,069 | |
DexCom, Inc. (a) | 69,625 | 29,619,171 | |
Edwards Lifesciences Corp. (a) | 467,629 | 40,141,273 | |
Ekso Bionics Holdings, Inc. (a) | 2,228 | 11,006 | |
electroCore, Inc. (a) | 21,795 | 38,577 | |
Electromed, Inc. (a) | 3,835 | 47,477 | |
ENDRA Life Sciences, Inc. (a)(b) | 985 | 808 | |
Envista Holdings Corp. (a) | 119,482 | 2,866,373 | |
Fonar Corp. (a) | 4,350 | 110,360 | |
Genmark Diagnostics, Inc. (a) | 48,193 | 625,063 | |
Glaukos Corp. (a)(b) | 29,788 | 1,424,760 | |
Globus Medical, Inc. (a) | 56,935 | 3,217,966 | |
Haemonetics Corp. (a) | 38,040 | 3,410,666 | |
Helius Medical Technologies, Inc. (U.S.) (a) | 7,841 | 3,912 | |
Heska Corp. (a)(b) | 6,559 | 679,512 | |
Hill-Rom Holdings, Inc. | 50,264 | 4,714,261 | |
Hologic, Inc. (a) | 194,645 | 11,624,199 | |
ICU Medical, Inc. (a) | 14,613 | 2,926,107 | |
IDEXX Laboratories, Inc. (a) | 64,077 | 25,057,952 | |
Inogen, Inc. (a) | 13,851 | 418,716 | |
Insulet Corp. (a) | 49,391 | 10,779,586 | |
Integer Holdings Corp. (a) | 24,436 | 1,692,437 | |
Integra LifeSciences Holdings Corp. (a) | 53,184 | 2,541,663 | |
IntriCon Corp. (a) | 6,616 | 80,318 | |
Intuitive Surgical, Inc. (a) | 88,022 | 64,329,998 | |
Invacare Corp. (b) | 26,804 | 181,731 | |
InVivo Therapeutics Holdings Corp. (a) | 19 | 25 | |
IRadimed Corp. (a) | 4,425 | 93,810 | |
iRhythm Technologies, Inc. (a) | 20,361 | 4,483,085 | |
Iridex Corp. (a) | 12,154 | 25,159 | |
Kewaunee Scientific Corp. | 406 | 3,776 | |
Lantheus Holdings, Inc. (a) | 51,083 | 685,534 | |
LeMaitre Vascular, Inc. | 12,767 | 412,119 | |
LivaNova PLC (a) | 36,366 | 1,705,565 | |
Masimo Corp. (a) | 37,547 | 8,410,528 | |
Medtronic PLC | 1,012,157 | 108,776,513 | |
Meridian Bioscience, Inc. (a) | 32,816 | 464,018 | |
Merit Medical Systems, Inc. (a) | 41,321 | 2,028,861 | |
Mesa Laboratories, Inc. (b) | 3,085 | 758,663 | |
Microbot Medical, Inc. (a)(b) | 4,719 | 31,712 | |
Milestone Scientific, Inc. (a)(b) | 22,602 | 33,903 | |
Misonix, Inc. (a) | 9,501 | 125,318 | |
Motus GI Holdings, Inc. (a) | 19,367 | 20,723 | |
MRI Interventions, Inc. (a) | 10,093 | 44,308 | |
Myomo, Inc. (a) | 108 | 409 | |
Natus Medical, Inc. (a) | 26,189 | 475,592 | |
Nemaura Medical, Inc. (a) | 4,601 | 17,208 | |
Neogen Corp. (a) | 39,722 | 3,026,816 | |
Neuronetics, Inc. (a) | 7,250 | 42,558 | |
Nevro Corp. (a) | 25,571 | 3,517,035 | |
NuVasive, Inc. (a) | 39,250 | 2,046,103 | |
OraSure Technologies, Inc. (a) | 56,300 | 659,836 | |
Orthofix International NV (a) | 14,946 | 453,462 | |
OrthoPediatrics Corp. (a)(b) | 8,584 | 432,634 | |
PAVmed, Inc. (a)(b) | 17,570 | 34,613 | |
Penumbra, Inc. (a) | 24,918 | 5,211,600 | |
Predictive Oncology, Inc. (a)(b) | 569 | 615 | |
Pro-Dex, Inc. (a) | 1,899 | 54,805 | |
Pulse Biosciences, Inc. (a) | 7,943 | 78,556 | |
Pulse Biosciences, Inc. warrants 5/14/25 (a)(b) | 201 | 1,030 | |
Quidel Corp. (a) | 28,792 | 5,066,240 | |
Repro Medical Systems, Inc. (a) | 13,163 | 114,386 | |
ResMed, Inc. | 109,104 | 19,723,821 | |
Retractable Technologies, Inc. (a)(b) | 10,555 | 66,708 | |
Rockwell Medical Technologies, Inc. (a)(b) | 46,498 | 60,912 | |
RTI Biologics, Inc. (a) | 53,555 | 118,892 | |
Seaspine Holdings Corp. (a) | 18,408 | 245,010 | |
Second Sight Medical Products, Inc. (a)(b) | 1,727 | 1,420 | |
Senseonics Holdings, Inc. (a)(b) | 126,250 | 59,274 | |
Shockwave Medical, Inc. (a) | 7,503 | 476,741 | |
SI-BONE, Inc. (a) | 14,455 | 315,408 | |
Sientra, Inc. (a) | 32,614 | 125,238 | |
Silk Road Medical, Inc. (a) | 9,943 | 606,324 | |
Sintx Technologies, Inc. (a) | 57 | 101 | |
SmileDirectClub, Inc. (a)(b) | 49,959 | 405,667 | |
Soliton, Inc. (a) | 4,965 | 33,911 | |
Staar Surgical Co. (a) | 23,109 | 1,108,077 | |
Stereotaxis, Inc. (a) | 24,965 | 87,877 | |
STERIS PLC | 64,142 | 10,239,629 | |
STRATA Skin Sciences, Inc. (a) | 2,761 | 4,252 | |
Stryker Corp. | 243,240 | 48,200,438 | |
SurModics, Inc. (a) | 10,525 | 476,256 | |
Tactile Systems Technology, Inc. (a) | 14,727 | 565,959 | |
Tandem Diabetes Care, Inc. (a) | 43,066 | 4,854,400 | |
Tela Bio, Inc. (a) | 3,359 | 47,866 | |
Teleflex, Inc. | 35,013 | 13,758,358 | |
The Cooper Companies, Inc. | 37,041 | 11,644,950 | |
Thermogenesis Holdings, Inc. (a) | 24 | 95 | |
TransEnterix, Inc. (a)(b) | 9,426 | 3,796 | |
TransMedics Group, Inc. (a) | 5,180 | 92,359 | |
Utah Medical Products, Inc. | 2,765 | 227,145 | |
Vapotherm, Inc. (a) | 14,794 | 460,241 | |
Varex Imaging Corp. (a) | 29,550 | 327,710 | |
Varian Medical Systems, Inc. (a) | 68,521 | 11,900,042 | |
Venus Concept, Inc. (a)(b) | 10,059 | 28,869 | |
ViewRay, Inc. (a) | 77,438 | 210,631 | |
VolitionRx Ltd. (a)(b) | 17,143 | 58,115 | |
West Pharmaceutical Services, Inc. | 55,460 | 15,748,422 | |
Wright Medical Group NV (a) | 99,643 | 3,012,208 | |
Zimmer Biomet Holdings, Inc. | 155,942 | 21,969,109 | |
Zosano Pharma Corp. (a)(b) | 59,230 | 96,545 | |
Zynex, Inc. (a)(b) | 11,654 | 172,479 | |
947,457,541 | |||
Health Care Providers & Services - 2.5% | |||
1Life Healthcare, Inc. (a) | 22,054 | 643,315 | |
Acadia Healthcare Co., Inc. (a) | 66,505 | 2,055,670 | |
Addus HomeCare Corp. (a) | 10,448 | 978,560 | |
Amedisys, Inc. (a) | 24,388 | 5,899,457 | |
American Renal Associates Holdings, Inc. (a) | 11,065 | 74,578 | |
AmerisourceBergen Corp. | 111,864 | 10,854,164 | |
AMN Healthcare Services, Inc. (a) | 35,225 | 1,896,514 | |
Anthem, Inc. | 190,282 | 53,568,189 | |
Apollo Medical Holdings, Inc. (a) | 18,217 | 344,119 | |
Avalon GloboCare Corp. (a) | 12,514 | 17,770 | |
BioScrip, Inc. (a) | 26,232 | 304,816 | |
BioTelemetry, Inc. (a) | 26,065 | 1,031,653 | |
Brookdale Senior Living, Inc. (a) | 144,111 | 396,305 | |
Caladrius Biosciences, Inc. (a)(b) | 2,809 | 5,449 | |
Capital Senior Living Corp. (a) | 15,844 | 11,092 | |
Cardinal Health, Inc. | 219,919 | 11,163,088 | |
Centene Corp. (a) | 436,978 | 26,795,491 | |
Chemed Corp. | 11,988 | 6,199,115 | |
Cigna Corp. | 278,550 | 49,406,414 | |
Community Health Systems, Inc. (a)(b) | 91,417 | 472,626 | |
Corvel Corp. (a) | 6,988 | 580,144 | |
Covetrus, Inc. (a) | 72,848 | 1,668,948 | |
Cross Country Healthcare, Inc. (a) | 27,551 | 176,051 | |
CVS Health Corp. | 986,729 | 61,295,605 | |
DaVita HealthCare Partners, Inc. (a) | 64,328 | 5,581,097 | |
DFB Healthcare Acquisitions Co. (a) | 5,776 | 122,624 | |
Encompass Health Corp. | 75,130 | 4,901,481 | |
Enzo Biochem, Inc. (a) | 29,748 | 63,363 | |
Exagen, Inc. (a) | 3,706 | 53,441 | |
Five Star Senior Living, Inc. (a) | 13,400 | 69,278 | |
Fulgent Genetics, Inc. (a)(b) | 7,717 | 228,115 | |
Genesis HealthCare, Inc. Class A (a) | 42,058 | 27,918 | |
Guardant Health, Inc. (a) | 39,303 | 3,753,437 | |
Hanger, Inc. (a) | 28,756 | 568,219 | |
HCA Holdings, Inc. | 198,645 | 26,960,099 | |
HealthEquity, Inc. (a) | 57,310 | 3,294,179 | |
Henry Schein, Inc. (a) | 107,747 | 7,158,711 | |
Humana, Inc. | 99,801 | 41,434,381 | |
InfuSystems Holdings, Inc. (a) | 9,192 | 133,744 | |
Interpace Diagnostics Group, Inc. (a)(b) | 2,309 | 8,082 | |
Laboratory Corp. of America Holdings (a) | 73,295 | 12,881,596 | |
LHC Group, Inc. (a) | 22,387 | 4,666,346 | |
Magellan Health Services, Inc. (a) | 17,155 | 1,294,516 | |
McKesson Corp. | 122,055 | 18,728,119 | |
MEDNAX, Inc. (a) | 63,349 | 1,177,024 | |
Molina Healthcare, Inc. (a) | 44,679 | 8,264,275 | |
National Healthcare Corp. | 8,757 | 557,821 | |
National Research Corp. Class A | 9,343 | 523,208 | |
Ontrak, Inc. (a)(b) | 4,086 | 298,074 | |
Owens & Minor, Inc. | 47,749 | 791,678 | |
Patterson Companies, Inc. | 64,354 | 1,866,910 | |
Pennant Group, Inc. (a) | 20,474 | 758,357 | |
PetIQ, Inc. Class A (a)(b) | 14,227 | 500,506 | |
Precipio, Inc. (a)(b) | 4,545 | 9,908 | |
Premier, Inc. | 50,091 | 1,640,480 | |
Progyny, Inc. (a) | 7,498 | 214,068 | |
Providence Service Corp. (a) | 8,816 | 816,273 | |
Psychemedics Corp. | 2,812 | 12,738 | |
Quest Diagnostics, Inc. | 100,853 | 11,218,888 | |
R1 RCM, Inc. (a) | 76,348 | 1,107,046 | |
RadNet, Inc. (a) | 32,056 | 462,248 | |
Select Medical Holdings Corp. (a) | 79,987 | 1,605,339 | |
Sharps Compliance Corp. (a) | 9,318 | 71,143 | |
Surgery Partners, Inc. (a) | 14,937 | 285,147 | |
Tenet Healthcare Corp. (a) | 78,666 | 2,216,808 | |
The Ensign Group, Inc. | 37,786 | 2,211,992 | |
The Joint Corp. (a) | 8,531 | 152,364 | |
Tivity Health, Inc. (a) | 33,544 | 548,780 | |
Triple-S Management Corp. (b) | 18,110 | 336,846 | |
U.S. Physical Therapy, Inc. | 9,748 | 866,597 | |
UnitedHealth Group, Inc. | 715,813 | 223,727,353 | |
Universal Health Services, Inc. Class B | 58,547 | 6,460,661 | |
636,470,411 | |||
Health Care Technology - 0.3% | |||
Allscripts Healthcare Solutions, Inc. (a) | 124,883 | 1,115,205 | |
Castlight Health, Inc. Class B (a) | 70,290 | 97,000 | |
Cerner Corp. | 229,373 | 16,829,097 | |
Change Healthcare, Inc. (a) | 164,859 | 2,332,755 | |
Computer Programs & Systems, Inc. | 10,042 | 274,749 | |
Evolent Health, Inc. (a)(b) | 58,889 | 843,879 | |
Health Catalyst, Inc. (a)(b) | 5,942 | 185,272 | |
HealthStream, Inc. (a) | 19,867 | 411,545 | |
HMS Holdings Corp. (a) | 66,117 | 1,844,003 | |
HTG Molecular Diagnostics (a)(b) | 18,842 | 6,972 | |
iCAD, Inc. (a) | 15,030 | 162,775 | |
Inovalon Holdings, Inc. Class A (a)(b) | 59,156 | 1,463,815 | |
Inspire Medical Systems, Inc. (a) | 12,478 | 1,490,497 | |
Livongo Health, Inc. (a)(b) | 10,266 | 1,409,522 | |
Medical Transcription Billing Corp. (a) | 6,402 | 61,267 | |
NantHealth, Inc. (a) | 16,723 | 53,179 | |
Nextgen Healthcare, Inc. (a) | 37,746 | 500,512 | |
Omnicell, Inc. (a) | 31,876 | 2,125,492 | |
OptimizeRx Corp. (a)(b) | 10,810 | 217,930 | |
Phreesia, Inc. (a) | 12,452 | 392,736 | |
Schrodinger, Inc. | 14,292 | 864,094 | |
Simulations Plus, Inc. | 9,545 | 568,691 | |
Tabula Rasa HealthCare, Inc. (a)(b) | 16,330 | 826,298 | |
Teladoc Health, Inc. (a)(b) | 56,086 | 12,097,189 | |
Veeva Systems, Inc. Class A (a) | 101,625 | 28,685,689 | |
Vocera Communications, Inc. (a) | 24,275 | 679,457 | |
75,539,620 | |||
Life Sciences Tools & Services - 1.2% | |||
10X Genomics, Inc. (a) | 8,856 | 1,015,075 | |
Adaptive Biotechnologies Corp. (a) | 17,097 | 711,406 | |
Agilent Technologies, Inc. | 232,999 | 23,397,760 | |
Avantor, Inc. (a) | 335,129 | 7,563,862 | |
Bio-Rad Laboratories, Inc. Class A (a) | 16,104 | 8,190,333 | |
Bio-Techne Corp. | 28,812 | 7,360,314 | |
Bioanalytical Systems, Inc. (a) | 1,887 | 9,209 | |
BioNano Genomics, Inc. (a) | 51,281 | 31,210 | |
Bruker Corp. | 76,566 | 3,217,303 | |
Champions Oncology, Inc. (a) | 2,848 | 23,581 | |
Charles River Laboratories International, Inc. (a) | 37,328 | 8,172,966 | |
ChromaDex, Inc. (a) | 32,911 | 162,909 | |
Codexis, Inc. (a) | 38,415 | 530,127 | |
Fluidigm Corp. (a) | 51,730 | 406,081 | |
Harvard Bioscience, Inc. (a) | 19,251 | 64,491 | |
Illumina, Inc. (a) | 110,916 | 39,621,414 | |
IQVIA Holdings, Inc. (a) | 134,000 | 21,942,500 | |
Luminex Corp. | 33,480 | 893,581 | |
Medpace Holdings, Inc. (a) | 20,188 | 2,620,201 | |
Mettler-Toledo International, Inc. (a) | 18,026 | 17,499,280 | |
Nanostring Technologies, Inc. (a) | 26,342 | 1,066,324 | |
NeoGenomics, Inc. (a) | 82,482 | 3,212,674 | |
Pacific Biosciences of California, Inc. (a) | 111,702 | 737,233 | |
PerkinElmer, Inc. | 84,200 | 9,912,024 | |
Personalis, Inc. (a) | 7,316 | 166,951 | |
PPD, Inc. | 47,150 | 1,619,131 | |
PRA Health Sciences, Inc. (a) | 48,012 | 5,132,963 | |
Quanterix Corp. (a) | 10,917 | 388,645 | |
Syneos Health, Inc. (a) | 47,188 | 2,977,563 | |
Thermo Fisher Scientific, Inc. | 298,092 | 127,875,506 | |
Waters Corp. (a) | 46,744 | 10,108,857 | |
306,631,474 | |||
Pharmaceuticals - 3.7% | |||
AcelRx Pharmaceuticals, Inc. (a) | 45,302 | 56,628 | |
Acer Therapeutics, Inc. (a)(b) | 2,754 | 7,298 | |
Aclaris Therapeutics, Inc. (a) | 29,349 | 72,199 | |
Adamis Pharmaceuticals Corp. (a)(b) | 70,605 | 46,599 | |
Adial Pharmaceuticals, Inc. (a)(b) | 5,339 | 7,368 | |
Aerie Pharmaceuticals, Inc. (a)(b) | 32,782 | 360,602 | |
Aerpio Pharmaceuticals, Inc. (a) | 7,355 | 10,040 | |
Agile Therapeutics, Inc. (a)(b) | 58,167 | 186,134 | |
Akcea Therapeutics, Inc. (a)(b) | 12,315 | 225,118 | |
Alimera Sciences, Inc. (a)(b) | 3,266 | 19,302 | |
AMAG Pharmaceuticals, Inc. (a)(b) | 24,307 | 251,821 | |
Amneal Pharmaceuticals, Inc. (a) | 86,169 | 354,155 | |
Amphastar Pharmaceuticals, Inc. (a) | 27,582 | 562,121 | |
Ampio Pharmaceuticals, Inc. (a)(b) | 59,805 | 42,820 | |
ANI Pharmaceuticals, Inc. (a)(b) | 7,417 | 232,597 | |
Aquestive Therapeutics, Inc. (a) | 13,695 | 107,643 | |
Arvinas Holding Co. LLC (a) | 11,514 | 298,788 | |
Assertio Holdings, Inc. (a) | 40,466 | 32,777 | |
Avenue Therapeutics, Inc. (a) | 4,408 | 49,061 | |
Axsome Therapeutics, Inc. (a) | 20,190 | 1,480,129 | |
Aytu BioScience, Inc. (a) | 419 | 444 | |
Baudax Bio, Inc. (a)(b) | 4,459 | 12,485 | |
Biodelivery Sciences International, Inc. (a) | 76,762 | 300,139 | |
Bristol-Myers Squibb Co. | 1,707,817 | 106,226,217 | |
Cara Therapeutics, Inc. (a)(b) | 33,868 | 524,954 | |
Cassava Sciences, Inc. (a)(b) | 9,764 | 30,659 | |
Catalent, Inc. (a) | 122,450 | 11,326,625 | |
Cerecor, Inc. (a) | 10,538 | 25,923 | |
Chiasma, Inc. (a) | 25,691 | 141,044 | |
Citius Pharmaceuticals, Inc. (a) | 18,242 | 16,965 | |
Clearside Biomedical, Inc. (a) | 34,412 | 59,189 | |
Cocrystal Pharma, Inc. (a) | 31,028 | 32,890 | |
Collegium Pharmaceutical, Inc. (a) | 23,133 | 440,915 | |
ContraVir Pharmaceuticals, Inc. (a) | 79 | 261 | |
Corcept Therapeutics, Inc. (a)(b) | 78,851 | 1,001,408 | |
CorMedix, Inc. (a) | 19,744 | 92,204 | |
Cumberland Pharmaceuticals, Inc. (a) | 2,110 | 6,794 | |
CymaBay Therapeutics, Inc. (a) | 46,573 | 301,327 | |
Durect Corp. (a)(b) | 156,800 | 272,048 | |
Elanco Animal Health, Inc. (a) | 300,662 | 8,737,238 | |
Elanco Animal Health, Inc. rights (a)(c) | 26,032 | 0 | |
Eli Lilly & Co. | 635,402 | 94,287,303 | |
Eloxx Pharmaceuticals, Inc. (a) | 20,635 | 63,659 | |
Endo International PLC (a) | 152,912 | 460,265 | |
Eton Pharmaceuticals, Inc. (a)(b) | 7,682 | 60,227 | |
Evofem Biosciences, Inc. (a) | 22,387 | 74,325 | |
Evoke Pharma, Inc. (a) | 20,540 | 91,814 | |
Evolus, Inc. (a)(b) | 14,486 | 55,916 | |
Eyenovia, Inc. (a) | 6,934 | 24,338 | |
Eyepoint Pharmaceuticals, Inc. (a)(b) | 48,239 | 25,813 | |
Fulcrum Therapeutics, Inc. (a)(b) | 4,207 | 30,585 | |
Harrow Health, Inc. (a)(b) | 18,830 | 129,739 | |
Horizon Therapeutics PLC (a) | 152,565 | 11,460,683 | |
Hoth Therapeutics, Inc. (a)(b) | 4,904 | 12,996 | |
IMARA, Inc. (b) | 5,016 | 116,572 | |
Innovate Biopharmaceuticals, Inc. (a)(b) | 7,756 | 5,057 | |
Innoviva, Inc. (a) | 50,619 | 592,748 | |
Intersect ENT, Inc. (a) | 24,606 | 494,088 | |
Intra-Cellular Therapies, Inc. (a) | 41,805 | 761,687 | |
Jazz Pharmaceuticals PLC (a) | 41,675 | 5,600,703 | |
Johnson & Johnson | 1,988,430 | 305,045,046 | |
Kala Pharmaceuticals, Inc. (a) | 37,200 | 331,080 | |
Kaleido Biosciences, Inc. (a)(b) | 5,766 | 36,268 | |
Lannett Co., Inc. (a)(b) | 25,852 | 135,982 | |
Lipocine, Inc. (a) | 31,641 | 46,829 | |
Liquidia Technologies, Inc. (a) | 6,101 | 31,237 | |
Lyra Therapeutics, Inc. | 3,893 | 50,882 | |
Mallinckrodt PLC (a)(b) | 60,311 | 95,291 | |
Marinus Pharmaceuticals, Inc. (a)(b) | 61,291 | 118,905 | |
Menlo Therapeutics, Inc. (a)(b) | 122,825 | 187,922 | |
Merck & Co., Inc. | 1,904,783 | 162,420,846 | |
Mylan NV (a) | 389,261 | 6,376,095 | |
MyoKardia, Inc. (a) | 39,570 | 4,330,541 | |
Nektar Therapeutics (a)(b) | 133,208 | 2,576,243 | |
Neos Therapeutics, Inc. (a)(b) | 25,814 | 17,696 | |
NGM Biopharmaceuticals, Inc. (a) | 4,964 | 92,579 | |
NovaBay Pharmaceuticals, Inc. (a) | 180 | 163 | |
Novan, Inc. (a)(b) | 17,491 | 7,985 | |
Novus Therapeutics, Inc. (a)(b) | 1,349 | 567 | |
Ocular Therapeutix, Inc. (a)(b) | 45,682 | 397,433 | |
Odonate Therapeutics, Inc. (a) | 9,424 | 152,198 | |
Omeros Corp. (a)(b) | 37,888 | 452,762 | |
Onconova Therapeutics, Inc. (a) | 56,504 | 13,601 | |
Opiant Pharmaceuticals, Inc. (a) | 615 | 5,344 | |
OptiNose, Inc. (a)(b) | 20,333 | 92,515 | |
Osmotica Pharmaceuticals PLC (a) | 14,303 | 84,960 | |
Otonomy, Inc. (a) | 11,288 | 43,120 | |
Pacira Biosciences, Inc. (a) | 31,340 | 1,959,377 | |
Paratek Pharmaceuticals, Inc. (a) | 24,981 | 114,913 | |
Perrigo Co. PLC | 102,770 | 5,374,871 | |
Pfizer, Inc. | 4,191,991 | 158,415,340 | |
Phathom Pharmaceuticals, Inc. (a) | 11,079 | 407,264 | |
Phibro Animal Health Corp. Class A | 15,812 | 339,326 | |
Plx Pharma PLC/New (a) | 85 | 337 | |
Prestige Brands Holdings, Inc. (a)(b) | 37,016 | 1,348,493 | |
Provention Bio, Inc. (a) | 26,239 | 342,157 | |
Pulmatrix, Inc. (a) | 18,851 | 20,171 | |
Reata Pharmaceuticals, Inc. (a)(b) | 19,839 | 2,082,103 | |
Relmada Therapeutics, Inc. (a)(b) | 10,150 | 362,152 | |
resTORbio, Inc. (a) | 13,508 | 30,798 | |
Revance Therapeutics, Inc. (a) | 36,909 | 1,078,850 | |
Royalty Pharma PLC | 57,607 | 2,383,778 | |
Satsuma Pharmaceuticals, Inc. (a) | 4,963 | 114,298 | |
scPharmaceuticals, Inc. (a) | 10,860 | 92,962 | |
SCYNEXIS, Inc. (a) | 3,668 | 20,724 | |
Seelos Therapeutics, Inc. (a) | 13,634 | 12,410 | |
SIGA Technologies, Inc. (a) | 44,532 | 309,497 | |
Strongbridge Biopharma PLC (a) | 34,511 | 132,522 | |
Supernus Pharmaceuticals, Inc. (a)(b) | 40,035 | 880,370 | |
Teligent, Inc. (a)(b) | 4,143 | 4,972 | |
TFF Pharmaceuticals, Inc. (a) | 2,398 | 36,306 | |
TherapeuticsMD, Inc. (a)(b) | 173,026 | 252,618 | |
Theravance Biopharma, Inc. (a) | 36,184 | 663,253 | |
Titan Pharmaceuticals, Inc. (a) | 73,037 | 16,857 | |
Trevi Therapeutics, Inc. (a)(b) | 6,693 | 26,973 | |
Tricida, Inc. (a) | 20,997 | 221,938 | |
Urovant Sciences Ltd. (a)(b) | 5,847 | 52,389 | |
Verrica Pharmaceuticals, Inc. (a)(b) | 9,469 | 87,020 | |
WAVE Life Sciences (a)(b) | 13,842 | 173,440 | |
Xeris Pharmaceuticals, Inc. (a)(b) | 33,018 | 155,350 | |
Zoetis, Inc. Class A | 358,276 | 57,359,988 | |
Zogenix, Inc. (a) | 40,737 | 964,245 | |
Zynerba Pharmaceuticals, Inc. (a)(b) | 12,762 | 48,240 | |
967,331,839 | |||
TOTAL HEALTH CARE | 3,670,502,630 | ||
INDUSTRIALS - 8.6% | |||
Aerospace & Defense - 1.5% | |||
AAR Corp. | 25,226 | 509,061 | |
Aerojet Rocketdyne Holdings, Inc. (a) | 54,081 | 2,237,331 | |
AeroVironment, Inc. (a) | 16,098 | 1,229,726 | |
Air Industries Group, Inc. (a) | 20,123 | 22,135 | |
Astronics Corp. (a) | 17,321 | 156,582 | |
Astrotech Corp. (a) | 513 | 1,123 | |
Axon Enterprise, Inc. (a) | 47,359 | 4,057,719 | |
BWX Technologies, Inc. | 71,852 | 3,995,690 | |
CPI Aerostructures, Inc. (a) | 11,576 | 32,181 | |
Cubic Corp. (b) | 23,863 | 1,123,470 | |
Curtiss-Wright Corp. | 31,294 | 3,202,002 | |
Ducommun, Inc. (a) | 8,332 | 311,367 | |
General Dynamics Corp. | 175,337 | 26,186,581 | |
Harris Corp. | 162,910 | 29,444,353 | |
HEICO Corp. | 32,753 | 3,600,210 | |
HEICO Corp. Class A | 52,103 | 4,656,966 | |
Hexcel Corp. | 62,690 | 2,469,359 | |
Howmet Aerospace, Inc. | 288,813 | 5,060,004 | |
Huntington Ingalls Industries, Inc. | 30,548 | 4,628,633 | |
Innovative Solutions & Support, Inc. (a) | 6,449 | 45,852 | |
Kaman Corp. | 21,229 | 981,841 | |
Kratos Defense & Security Solutions, Inc. (a) | 78,634 | 1,537,295 | |
Lockheed Martin Corp. | 186,306 | 72,707,780 | |
Maxar Technologies, Inc. (b) | 46,863 | 1,084,878 | |
Mercury Systems, Inc. (a) | 41,952 | 3,177,444 | |
Moog, Inc. Class A | 23,227 | 1,400,356 | |
National Presto Industries, Inc. | 3,846 | 345,871 | |
Northrop Grumman Corp. | 117,006 | 40,087,426 | |
PAE, Inc. (a)(b) | 38,558 | 340,660 | |
Park Aerospace Corp. | 15,096 | 167,415 | |
Parsons Corp. (a) | 14,722 | 489,654 | |
Raytheon Technologies Corp. | 1,109,721 | 67,692,981 | |
SIFCO Industries, Inc. (a) | 263 | 1,049 | |
Spirit AeroSystems Holdings, Inc. Class A | 79,020 | 1,624,651 | |
Teledyne Technologies, Inc. (a) | 27,678 | 8,680,098 | |
Textron, Inc. | 171,430 | 6,759,485 | |
The Boeing Co. | 404,608 | 69,519,747 | |
TransDigm Group, Inc. | 37,915 | 18,944,988 | |
Triumph Group, Inc. | 39,063 | 282,425 | |
Vectrus, Inc. (a) | 8,862 | 384,699 | |
Virgin Galactic Holdings, Inc. (a)(b) | 82,769 | 1,481,565 | |
VirTra, Inc. (a) | 3,889 | 13,300 | |
390,675,953 | |||
Air Freight & Logistics - 0.6% | |||
Air Transport Services Group, Inc. (a) | 44,453 | 1,129,995 | |
Atlas Air Worldwide Holdings, Inc. (a) | 19,484 | 1,098,703 | |
C.H. Robinson Worldwide, Inc. | 101,789 | 10,005,859 | |
Echo Global Logistics, Inc. (a) | 20,286 | 554,214 | |
Expeditors International of Washington, Inc. | 125,962 | 11,133,781 | |
FedEx Corp. | 181,311 | 39,859,410 | |
Forward Air Corp. | 21,485 | 1,267,400 | |
Hub Group, Inc. Class A (a) | 25,954 | 1,397,363 | |
Radiant Logistics, Inc. (a) | 23,235 | 122,681 | |
United Parcel Service, Inc. Class B | 531,388 | 86,945,705 | |
XPO Logistics, Inc. (a) | 68,706 | 6,064,679 | |
159,579,790 | |||
Airlines - 0.2% | |||
Alaska Air Group, Inc. | 92,058 | 3,585,659 | |
Allegiant Travel Co. (b) | 10,112 | 1,300,403 | |
American Airlines Group, Inc. (b) | 374,535 | 4,887,682 | |
Delta Air Lines, Inc. | 427,820 | 13,198,247 | |
Hawaiian Holdings, Inc. (b) | 35,826 | 481,501 | |
JetBlue Airways Corp. (a) | 201,987 | 2,326,890 | |
Mesa Air Group, Inc. (a) | 18,984 | 69,481 | |
SkyWest, Inc. | 38,262 | 1,287,516 | |
Southwest Airlines Co. | 404,211 | 15,190,249 | |
Spirit Airlines, Inc. (a)(b) | 66,425 | 1,187,679 | |
United Airlines Holdings, Inc. (a) | 190,374 | 6,853,464 | |
50,368,771 | |||
Building Products - 0.6% | |||
A.O. Smith Corp. | 101,986 | 4,994,254 | |
AAON, Inc. | 30,252 | 1,722,246 | |
Advanced Drain Systems, Inc. | 39,942 | 2,215,982 | |
Allegion PLC | 69,616 | 7,197,598 | |
Alpha PRO Tech Ltd. (a) | 5,202 | 72,984 | |
American Woodmark Corp. (a) | 12,044 | 1,053,850 | |
Apogee Enterprises, Inc. | 20,426 | 427,516 | |
Armstrong Flooring, Inc. (a) | 15,701 | 60,763 | |
Armstrong World Industries, Inc. | 35,949 | 2,650,879 | |
Builders FirstSource, Inc. (a) | 87,418 | 2,676,739 | |
Carrier Global Corp. | 613,729 | 18,319,811 | |
CSW Industrials, Inc. | 11,548 | 834,343 | |
Fortune Brands Home & Security, Inc. (b) | 105,184 | 8,843,871 | |
Gibraltar Industries, Inc. (a) | 23,967 | 1,496,619 | |
Griffon Corp. | 39,621 | 860,964 | |
Insteel Industries, Inc. | 14,823 | 273,336 | |
Jeld-Wen Holding, Inc. (a) | 51,303 | 1,079,928 | |
Johnson Controls International PLC | 560,953 | 22,847,616 | |
Lennox International, Inc. | 26,262 | 7,362,026 | |
Masco Corp. | 199,030 | 11,603,449 | |
Masonite International Corp. (a) | 18,911 | 1,726,385 | |
NCI Building Systems, Inc. (a) | 31,918 | 254,067 | |
Owens Corning | 81,000 | 5,478,840 | |
Patrick Industries, Inc. | 17,118 | 962,203 | |
PGT, Inc. (a) | 42,452 | 769,655 | |
Quanex Building Products Corp. | 26,992 | 453,736 | |
Resideo Technologies, Inc. (a) | 92,141 | 1,231,004 | |
Simpson Manufacturing Co. Ltd. | 30,271 | 2,976,850 | |
Trane Technologies PLC | 180,344 | 21,350,926 | |
Trex Co., Inc. (a) | 43,592 | 6,516,568 | |
Ufp Industries, Inc. | 45,347 | 2,691,344 | |
141,006,352 | |||
Commercial Services & Supplies - 0.5% | |||
ABM Industries, Inc. | 49,709 | 1,895,901 | |
ACCO Brands Corp. | 75,003 | 486,019 | |
Acme United Corp. | 2,371 | 52,257 | |
ADS Waste Holdings, Inc. (a) | 56,179 | 1,692,673 | |
ADT, Inc. | 80,049 | 852,522 | |
Aqua Metals, Inc. (a)(b) | 44,958 | 44,549 | |
ARC Document Solutions, Inc. | 19,899 | 21,093 | |
Brady Corp. Class A | 35,570 | 1,667,877 | |
BrightView Holdings, Inc. (a) | 24,519 | 301,093 | |
Casella Waste Systems, Inc. Class A (a) | 33,149 | 1,861,316 | |
CECO Environmental Corp. (a) | 21,163 | 179,356 | |
Charah Solutions, Inc. (a) | 3,727 | 9,727 | |
Cimpress PLC (a) | 18,464 | 1,711,613 | |
Cintas Corp. | 63,543 | 21,175,069 | |
Clean Harbors, Inc. (a) | 38,219 | 2,335,181 | |
Copart, Inc. (a) | 155,904 | 16,108,001 | |
Covanta Holding Corp. | 90,010 | 849,694 | |
Deluxe Corp. | 32,285 | 916,894 | |
Document Security Systems, Inc. (a)(b) | 1,793 | 11,457 | |
Ennis, Inc. | 20,519 | 376,113 | |
Fuel Tech, Inc. (a) | 15,310 | 12,150 | |
Harsco Corp. (a) | 59,676 | 844,415 | |
Healthcare Services Group, Inc. (b) | 58,364 | 1,213,971 | |
Heritage-Crystal Clean, Inc. (a) | 8,635 | 126,762 | |
Herman Miller, Inc. | 44,930 | 1,070,682 | |
HNI Corp. | 32,483 | 1,034,584 | |
Hudson Technologies, Inc. (a) | 22,452 | 25,820 | |
IAA Spinco, Inc. (a) | 100,934 | 5,280,867 | |
Industrial Services of America, Inc. (a)(c) | 478 | 17 | |
Interface, Inc. | 44,971 | 339,981 | |
KAR Auction Services, Inc. (b) | 96,347 | 1,670,657 | |
Kimball International, Inc. Class B | 29,762 | 333,632 | |
Knoll, Inc. | 38,809 | 499,472 | |
Matthews International Corp. Class A | 24,037 | 526,410 | |
McGrath RentCorp. | 18,669 | 1,238,875 | |
MSA Safety, Inc. | 26,891 | 3,386,921 | |
NL Industries, Inc. | 2,768 | 9,688 | |
Odyssey Marine Exploration, Inc. (a)(b) | 5,710 | 32,376 | |
Performant Financial Corp. (a) | 9,150 | 5,582 | |
Perma-Fix Environmental Services, Inc. (a) | 7,911 | 56,564 | |
PICO Holdings, Inc. (a) | 17,860 | 158,775 | |
Pitney Bowes, Inc. (b) | 132,386 | 726,799 | |
Quad/Graphics, Inc. (b) | 27,752 | 96,854 | |
Quest Resource Holding Corp. (a) | 878 | 1,703 | |
R.R. Donnelley & Sons Co. | 58,140 | 76,745 | |
Republic Services, Inc. | 158,317 | 14,679,152 | |
Rollins, Inc. | 105,981 | 5,843,792 | |
SP Plus Corp. (a) | 17,084 | 350,393 | |
Steelcase, Inc. Class A | 67,632 | 706,754 | |
Stericycle, Inc. (a) | 68,604 | 4,398,202 | |
Team, Inc. (a) | 20,837 | 132,732 | |
Tetra Tech, Inc. | 40,570 | 3,745,017 | |
The Brink's Co. | 37,675 | 1,821,963 | |
U.S. Ecology, Inc. | 19,597 | 727,637 | |
UniFirst Corp. | 11,692 | 2,252,113 | |
Viad Corp. | 15,843 | 339,515 | |
Virco Manufacturing Co. (a) | 791 | 1,740 | |
VSE Corp. | 5,737 | 166,545 | |
Waste Management, Inc. | 292,958 | 33,397,212 | |
139,881,474 | |||
Construction & Engineering - 0.2% | |||
AECOM (a) | 120,307 | 4,753,330 | |
Aegion Corp. (a) | 24,609 | 398,297 | |
Ameresco, Inc. Class A (a) | 14,725 | 502,712 | |
API Group Corp. (a)(d) | 79,077 | 1,118,149 | |
Arcosa, Inc. | 36,784 | 1,702,731 | |
Argan, Inc. | 10,422 | 441,163 | |
Comfort Systems U.S.A., Inc. | 27,864 | 1,411,869 | |
Concrete Pumping Holdings, Inc. (a) | 19,351 | 70,244 | |
Construction Partners, Inc. Class A (a) | 26,354 | 492,556 | |
Dycom Industries, Inc. (a) | 23,949 | 1,473,103 | |
EMCOR Group, Inc. | 41,108 | 3,083,511 | |
Fluor Corp. | 102,946 | 980,046 | |
Goldfield Corp. (a) | 12,137 | 53,039 | |
Granite Construction, Inc. | 35,920 | 667,753 | |
Great Lakes Dredge & Dock Corp. (a) | 49,453 | 463,375 | |
HC2 Holdings, Inc. (a) | 26,675 | 66,688 | |
IES Holdings, Inc. (a) | 5,880 | 169,520 | |
Infrastructure and Energy Alternatives, Inc. (a) | 2,640 | 14,045 | |
Jacobs Engineering Group, Inc. | 98,329 | 8,876,159 | |
Limbach Holdings, Inc. (a) | 4,235 | 22,954 | |
MasTec, Inc. (a)(b) | 43,463 | 2,008,425 | |
MYR Group, Inc. (a) | 13,267 | 514,892 | |
Northwest Pipe Co. (a) | 7,835 | 221,966 | |
NV5 Holdings, Inc. (a)(b) | 7,732 | 400,286 | |
Orion Group Holdings, Inc. (a) | 21,541 | 56,222 | |
Primoris Services Corp. | 33,878 | 645,715 | |
Quanta Services, Inc. | 103,735 | 5,316,419 | |
Sterling Construction Co., Inc. (a) | 21,019 | 297,209 | |
The Peck Co. Holdings, Inc. (a)(b) | 3,437 | 11,789 | |
Tutor Perini Corp. (a) | 30,691 | 385,172 | |
Valmont Industries, Inc. | 15,873 | 2,016,665 | |
Willscot Mobile Mini Holdings (a) | 122,327 | 2,189,653 | |
40,825,657 | |||
Electrical Equipment - 0.6% | |||
Acuity Brands, Inc. | 29,848 | 3,262,088 | |
Allied Motion Technologies, Inc. | 6,132 | 261,162 | |
American Superconductor Corp. (a) | 13,195 | 165,729 | |
AMETEK, Inc. | 173,342 | 17,455,539 | |
Atkore International Group, Inc. (a) | 37,383 | 999,248 | |
AZZ, Inc. | 20,242 | 703,005 | |
Babcock & Wilcox Enterprises, Inc. (a)(b) | 21,533 | 51,895 | |
Bloom Energy Corp. Class A (a)(b) | 16,969 | 265,735 | |
Broadwind, Inc. (a) | 4,699 | 17,057 | |
Capstone Turbine Corp. (a) | 3,436 | 14,156 | |
Eaton Corp. PLC | 301,776 | 30,811,330 | |
Emerson Electric Co. (b) | 450,752 | 31,313,741 | |
Encore Wire Corp. | 16,137 | 832,831 | |
Energous Corp. (a)(b) | 34,838 | 126,810 | |
Energy Focus, Inc. (a)(b) | 471 | 4,220 | |
EnerSys | 31,533 | 2,269,745 | |
Espey Manufacturing & Electronics Corp. | 594 | 10,312 | |
FuelCell Energy, Inc. (a)(b) | 164,812 | 468,066 | |
Generac Holdings, Inc. (a) | 47,285 | 8,983,204 | |
GrafTech International Ltd. | 43,398 | 289,031 | |
Hubbell, Inc. Class B | 41,072 | 5,952,154 | |
Ideal Power, Inc. (a) | 1,124 | 6,665 | |
LSI Industries, Inc. | 22,994 | 157,739 | |
nVent Electric PLC | 116,706 | 2,231,419 | |
Orion Energy Systems, Inc. (a) | 19,801 | 126,330 | |
Plug Power, Inc. (a)(b) | 248,498 | 3,225,504 | |
Powell Industries, Inc. | 5,954 | 160,698 | |
Preformed Line Products Co. | 1,722 | 93,694 | |
Regal Beloit Corp. | 30,378 | 3,003,169 | |
Rockwell Automation, Inc. | 87,417 | 20,152,241 | |
Sensata Technologies, Inc. PLC (a) | 118,581 | 4,937,713 | |
Sunrun, Inc. (a) | 59,771 | 3,380,349 | |
Sunworks, Inc. (a)(b) | 536 | 389 | |
Thermon Group Holdings, Inc. (a) | 25,757 | 338,962 | |
TPI Composites, Inc. (a) | 24,511 | 752,733 | |
Ultralife Corp. (a) | 8,093 | 51,148 | |
Vicor Corp. (a) | 14,120 | 1,228,864 | |
Vivint Solar, Inc. (a) | 34,273 | 1,058,350 | |
145,163,025 | |||
Industrial Conglomerates - 0.9% | |||
3M Co. | 434,118 | 70,769,916 | |
Carlisle Companies, Inc. | 41,397 | 5,420,937 | |
General Electric Co. | 6,597,499 | 41,828,144 | |
Honeywell International, Inc. | 529,621 | 87,678,757 | |
Raven Industries, Inc. | 27,892 | 693,116 | |
Roper Technologies, Inc. | 78,778 | 33,653,174 | |
240,044,044 | |||
Machinery - 1.7% | |||
AGCO Corp. | 46,722 | 3,321,934 | |
AgEagle Aerial Systems, Inc. (a)(b) | 26,831 | 83,176 | |
Alamo Group, Inc. | 7,492 | 830,863 | |
Albany International Corp. Class A | 22,867 | 1,186,797 | |
Allison Transmission Holdings, Inc. | 85,685 | 3,073,521 | |
Altra Industrial Motion Corp. | 48,086 | 1,877,758 | |
Astec Industries, Inc. | 16,395 | 864,344 | |
Barnes Group, Inc. | 36,363 | 1,439,975 | |
Blue Bird Corp. (a) | 12,135 | 138,096 | |
Caterpillar, Inc. | 408,456 | 58,127,373 | |
Chart Industries, Inc. (a) | 27,192 | 1,787,058 | |
CIRCOR International, Inc. (a) | 16,718 | 495,689 | |
Colfax Corp. (a) | 62,799 | 2,089,951 | |
Columbus McKinnon Corp. (NY Shares) | 18,621 | 677,339 | |
Commercial Vehicle Group, Inc. (a) | 20,635 | 93,064 | |
Crane Co. | 36,751 | 2,077,902 | |
Cummins, Inc. | 111,303 | 23,067,547 | |
Deere & Co. | 236,058 | 49,586,343 | |
Donaldson Co., Inc. | 95,159 | 4,792,207 | |
Douglas Dynamics, Inc. | 17,544 | 673,514 | |
Dover Corp. | 108,502 | 11,917,860 | |
Eastern Co. | 4,809 | 105,317 | |
Energy Recovery, Inc. (a)(b) | 24,380 | 207,474 | |
Enerpac Tool Group Corp. Class A (b) | 41,453 | 862,222 | |
EnPro Industries, Inc. | 16,158 | 945,566 | |
ESCO Technologies, Inc. | 19,193 | 1,725,835 | |
Evoqua Water Technologies Corp. (a) | 64,268 | 1,314,923 | |
ExOne Co. (a)(b) | 6,506 | 79,503 | |
Federal Signal Corp. | 44,573 | 1,431,685 | |
Flowserve Corp. | 97,531 | 2,894,720 | |
Fortive Corp. | 223,543 | 16,119,686 | |
Franklin Electric Co., Inc. | 29,238 | 1,735,568 | |
FreightCar America, Inc. (a) | 5,722 | 8,526 | |
Gates Industrial Corp. PLC (a) | 36,293 | 409,748 | |
Gencor Industries, Inc. (a) | 8,869 | 111,838 | |
Gorman-Rupp Co. | 13,446 | 429,600 | |
Graco, Inc. | 125,913 | 7,305,472 | |
Graham Corp. | 8,091 | 106,235 | |
Greenbrier Companies, Inc. (b) | 24,955 | 678,526 | |
Helios Technologies, Inc. | 22,328 | 917,904 | |
Hillenbrand, Inc. | 55,097 | 1,747,126 | |
Hurco Companies, Inc. | 5,048 | 142,757 | |
Hyster-Yale Materials Handling Class A | 7,232 | 291,739 | |
IDEX Corp. | 57,034 | 10,279,238 | |
Illinois Tool Works, Inc. | 216,941 | 42,856,695 | |
Ingersoll Rand, Inc. (a) | 261,254 | 9,159,565 | |
ITT, Inc. | 64,988 | 4,081,896 | |
John Bean Technologies Corp. | 23,630 | 2,422,311 | |
Kadant, Inc. | 8,699 | 1,012,912 | |
Kennametal, Inc. | 61,847 | 1,794,800 | |
L.B. Foster Co. Class A (a) | 7,972 | 119,181 | |
Lincoln Electric Holdings, Inc. (b) | 44,848 | 4,337,250 | |
Lindsay Corp. | 8,216 | 821,025 | |
LiqTech International, Inc. (a)(b) | 9,476 | 65,384 | |
Lydall, Inc. (a) | 14,426 | 270,920 | |
Manitex International, Inc. (a) | 6,665 | 30,059 | |
Manitowoc Co., Inc. (a) | 27,304 | 257,204 | |
Mayville Engineering Co., Inc. (a) | 6,102 | 52,172 | |
Meritor, Inc. (a) | 56,053 | 1,275,766 | |
Middleby Corp. (a) | 41,871 | 4,099,171 | |
Miller Industries, Inc. | 9,113 | 285,875 | |
Mueller Industries, Inc. | 40,465 | 1,201,811 | |
Mueller Water Products, Inc. Class A | 120,212 | 1,298,290 | |
Navistar International Corp. (a) | 49,212 | 1,573,800 | |
NN, Inc. | 35,744 | 162,635 | |
Nordson Corp. | 38,744 | 7,225,369 | |
Omega Flex, Inc. (b) | 2,311 | 304,451 | |
Oshkosh Corp. | 51,246 | 3,946,454 | |
Otis Worldwide Corp. | 307,249 | 19,325,962 | |
PACCAR, Inc. | 261,069 | 22,410,163 | |
Park-Ohio Holdings Corp. | 7,009 | 110,882 | |
Parker Hannifin Corp. | 96,782 | 19,938,060 | |
Pentair PLC | 125,066 | 5,645,479 | |
Proto Labs, Inc. (a)(b) | 20,005 | 2,940,735 | |
RBC Bearings, Inc. (a) | 18,770 | 2,478,391 | |
REV Group, Inc. | 23,177 | 179,622 | |
Rexnord Corp. | 89,855 | 2,602,201 | |
Snap-On, Inc. | 40,967 | 6,074,177 | |
SPX Corp. (a) | 32,886 | 1,375,621 | |
SPX Flow, Inc. (a) | 31,724 | 1,379,360 | |
Standex International Corp. | 9,754 | 564,171 | |
Stanley Black & Decker, Inc. | 116,199 | 18,742,899 | |
Tennant Co. | 14,118 | 938,423 | |
Terex Corp. | 49,817 | 974,919 | |
The L.S. Starrett Co. Class A (a) | 1,425 | 4,859 | |
The Shyft Group, Inc. | 22,794 | 455,196 | |
Timken Co. | 50,659 | 2,745,211 | |
Titan International, Inc. (b) | 35,833 | 85,283 | |
Toro Co. | 81,076 | 6,103,401 | |
TriMas Corp. (a) | 34,652 | 876,003 | |
Trinity Industries, Inc. (b) | 71,887 | 1,471,527 | |
Twin Disc, Inc. (a) | 7,837 | 47,414 | |
Wabash National Corp. (b) | 41,315 | 504,456 | |
Watts Water Technologies, Inc. Class A | 20,394 | 1,952,726 | |
Welbilt, Inc. (a) | 99,796 | 736,494 | |
Westinghouse Air Brake Co. | 136,460 | 9,081,413 | |
Woodward, Inc. | 42,674 | 3,656,735 | |
Xylem, Inc. | 135,775 | 10,886,440 | |
450,996,738 | |||
Marine - 0.0% | |||
Eagle Bulk Shipping, Inc. (a) | 61,104 | 161,315 | |
Genco Shipping & Trading Ltd. | 11,779 | 83,749 | |
Kirby Corp. (a) | 45,014 | 1,910,394 | |
Matson, Inc. | 32,009 | 1,282,601 | |
3,438,059 | |||
Professional Services - 0.5% | |||
Acacia Research Corp. (a) | 38,536 | 146,244 | |
ASGN, Inc. (a)(b) | 39,450 | 2,831,327 | |
Barrett Business Services, Inc. | 5,631 | 324,177 | |
BG Staffing, Inc. | 7,360 | 69,037 | |
CBIZ, Inc. (a) | 41,987 | 1,021,124 | |
CoreLogic, Inc. | 59,965 | 3,981,676 | |
CoStar Group, Inc. (a) | 29,701 | 25,204,269 | |
CRA International, Inc. | 5,861 | 249,151 | |
DLH Holdings Corp. (a) | 7,991 | 65,926 | |
Equifax, Inc. | 91,560 | 15,406,801 | |
Exponent, Inc. | 38,840 | 3,124,872 | |
Forrester Research, Inc. (a)(b) | 8,666 | 307,296 | |
Franklin Covey Co. (a) | 7,382 | 145,721 | |
FTI Consulting, Inc. (a) | 27,981 | 3,211,100 | |
GP Strategies Corp. (a)(b) | 9,374 | 90,553 | |
Heidrick & Struggles International, Inc. | 14,316 | 309,655 | |
Hill International, Inc. (a) | 25,210 | 37,059 | |
Hudson Global, Inc. (a) | 411 | 3,954 | |
Huron Consulting Group, Inc. (a) | 17,469 | 757,805 | |
ICF International, Inc. | 14,331 | 978,951 | |
IHS Markit Ltd. | 301,397 | 24,087,648 | |
InnerWorkings, Inc. (a) | 27,538 | 78,208 | |
Insperity, Inc. | 27,235 | 1,834,822 | |
Kelly Services, Inc. Class A (non-vtg.) | 24,341 | 462,236 | |
Kforce, Inc. | 14,769 | 507,167 | |
Korn Ferry | 42,083 | 1,283,532 | |
Lightbridge Corp. (a)(b) | 3,133 | 13,942 | |
Manpower, Inc. | 43,575 | 3,194,483 | |
Mastech Digital, Inc. (a) | 2,724 | 50,394 | |
MISTRAS Group, Inc. (a) | 16,633 | 79,173 | |
Nielsen Holdings PLC | 268,064 | 4,096,018 | |
RCM Technologies, Inc. (a) | 2,921 | 4,615 | |
Red Violet, Inc. (a)(b) | 4,848 | 100,790 | |
Rekor Systems, Inc. (a) | 8,607 | 55,946 | |
Resources Connection, Inc. | 24,303 | 298,684 | |
Robert Half International, Inc. | 86,455 | 4,599,406 | |
TransUnion Holding Co., Inc. | 143,137 | 12,412,841 | |
TriNet Group, Inc. (a) | 32,188 | 2,183,634 | |
TrueBlue, Inc. (a) | 29,593 | 500,714 | |
Upwork, Inc. (a) | 51,405 | 782,898 | |
Verisk Analytics, Inc. | 122,442 | 22,856,248 | |
Volt Information Sciences, Inc. (a)(b) | 1,842 | 2,100 | |
Willdan Group, Inc. (a) | 7,856 | 221,382 | |
137,973,579 | |||
Road & Rail - 1.0% | |||
AMERCO | 6,042 | 2,144,245 | |
ArcBest Corp. | 19,527 | 660,403 | |
Avis Budget Group, Inc. (a)(b) | 41,081 | 1,401,273 | |
Covenant Transport Group, Inc. Class A (a) | 11,934 | 218,750 | |
CSX Corp. | 577,329 | 44,142,575 | |
Daseke, Inc. (a)(b) | 50,318 | 309,456 | |
Heartland Express, Inc. | 36,374 | 752,396 | |
HyreCar, Inc. (a) | 13,458 | 50,333 | |
J.B. Hunt Transport Services, Inc. | 63,674 | 8,948,744 | |
Kansas City Southern | 71,640 | 13,041,346 | |
Knight-Swift Transportation Holdings, Inc. Class A (b) | 92,406 | 4,200,777 | |
Landstar System, Inc. | 28,934 | 3,850,826 | |
Lyft, Inc. (a) | 159,509 | 4,732,632 | |
Marten Transport Ltd. | 44,920 | 815,747 | |
Norfolk Southern Corp. | 193,187 | 41,058,033 | |
Old Dominion Freight Lines, Inc. | 71,155 | 14,386,118 | |
P.A.M. Transportation Services, Inc. (a) | 1,031 | 37,632 | |
Patriot Transportation Holding, Inc. | 2,215 | 19,005 | |
Ryder System, Inc. | 39,951 | 1,633,996 | |
Saia, Inc. (a) | 19,564 | 2,625,489 | |
Schneider National, Inc. Class B | 25,841 | 699,257 | |
U.S. Xpress Enterprises, Inc. (a) | 19,901 | 190,453 | |
U.S.A. Truck, Inc. (a) | 5,140 | 57,311 | |
Uber Technologies, Inc. (a) | 156,859 | 5,275,168 | |
Union Pacific Corp. | 512,109 | 98,550,256 | |
Universal Logistics Holdings, Inc. | 5,661 | 121,712 | |
Werner Enterprises, Inc. | 42,871 | 1,972,495 | |
YRC Worldwide, Inc. (a)(b) | 32,326 | 134,799 | |
252,031,227 | |||
Trading Companies & Distributors - 0.3% | |||
AeroCentury Corp. (a) | 202 | 477 | |
Air Lease Corp. Class A | 80,889 | 2,514,030 | |
Alta Equipment Group, Inc. (a) | 19,039 | 158,976 | |
Applied Industrial Technologies, Inc. | 29,468 | 1,774,268 | |
Beacon Roofing Supply, Inc. (a) | 51,482 | 1,744,725 | |
BlueLinx Corp. (a)(b) | 6,077 | 124,153 | |
BMC Stock Holdings, Inc. (a) | 50,116 | 2,000,631 | |
CAI International, Inc. | 11,617 | 253,367 | |
DXP Enterprises, Inc. (a) | 12,861 | 247,446 | |
EVI Industries, Inc. (a)(b) | 3,026 | 74,319 | |
Fastenal Co. | 432,363 | 21,125,256 | |
Foundation Building Materials, Inc. (a) | 13,388 | 217,287 | |
GATX Corp. (b) | 26,978 | 1,804,289 | |
General Finance Corp. (a) | 10,603 | 68,707 | |
GMS, Inc. (a) | 32,306 | 855,786 | |
H&E Equipment Services, Inc. | 24,206 | 490,414 | |
HD Supply Holdings, Inc. (a) | 122,036 | 4,839,948 | |
Herc Holdings, Inc. (a) | 18,493 | 757,288 | |
Houston Wire & Cable Co. (a) | 5,304 | 13,737 | |
Huttig Building Products, Inc. (a) | 6,730 | 15,816 | |
India Globalization Capital, Inc. (a)(b) | 24,839 | 29,807 | |
Lawson Products, Inc. (a) | 7,731 | 277,543 | |
MRC Global, Inc. (a) | 61,158 | 347,989 | |
MSC Industrial Direct Co., Inc. Class A | 34,251 | 2,257,141 | |
Nesco Holdings, Inc. Class A (a) | 8,270 | 33,080 | |
Now, Inc. (a) | 84,097 | 611,385 | |
Rush Enterprises, Inc. Class A | 24,438 | 1,180,844 | |
SiteOne Landscape Supply, Inc. (a) | 33,142 | 4,144,407 | |
Systemax, Inc. | 12,019 | 266,702 | |
Titan Machinery, Inc. (a) | 15,407 | 207,995 | |
Transcat, Inc. (a) | 5,369 | 157,902 | |
Triton International Ltd. | 40,019 | 1,443,085 | |
United Rentals, Inc. (a) | 54,338 | 9,620,543 | |
Univar, Inc. (a) | 103,382 | 1,880,519 | |
Veritiv Corp. (a) | 8,088 | 140,569 | |
W.W. Grainger, Inc. | 32,655 | 11,933,117 | |
Watsco, Inc. | 24,739 | 6,060,808 | |
WESCO International, Inc. (a) | 36,571 | 1,713,351 | |
Willis Lease Finance Corp. (a) | 2,400 | 51,312 | |
81,439,019 | |||
Transportation Infrastructure - 0.0% | |||
Macquarie Infrastructure Co. LLC | 58,494 | 1,639,002 | |
TOTAL INDUSTRIALS | 2,235,062,690 | ||
INFORMATION TECHNOLOGY - 27.5% | |||
Communications Equipment - 0.8% | |||
Acacia Communications, Inc. (a) | 29,044 | 1,959,889 | |
ADTRAN, Inc. | 37,854 | 419,801 | |
Applied Optoelectronics, Inc. (a)(b) | 14,159 | 164,669 | |
Arista Networks, Inc. (a) | 40,495 | 9,048,608 | |
Aviat Networks, Inc. (a) | 1,636 | 35,468 | |
BK Technologies Corp. | 2,781 | 8,482 | |
Blonder Tongue Laboratories, Inc. (a) | 989 | 933 | |
CalAmp Corp. (a) | 23,277 | 190,173 | |
Calix Networks, Inc. (a) | 37,947 | 738,069 | |
Cambium Networks Corp. (a) | 2,697 | 35,196 | |
Casa Systems, Inc. (a) | 19,906 | 90,572 | |
Ciena Corp. (a) | 115,805 | 6,574,250 | |
Cisco Systems, Inc. | 3,200,249 | 135,114,513 | |
Clearfield, Inc. (a) | 10,207 | 179,643 | |
ClearOne, Inc. (a) | 9,941 | 26,145 | |
CommScope Holding Co., Inc. (a) | 145,989 | 1,503,687 | |
Communications Systems, Inc. | 2,700 | 12,609 | |
Comtech Telecommunications Corp. | 19,207 | 318,836 | |
Digi International, Inc. (a) | 21,720 | 295,826 | |
Dzs, Inc. (a) | 5,094 | 53,079 | |
EchoStar Holding Corp. Class A (a) | 35,011 | 1,028,623 | |
EMCORE Corp. (a) | 14,873 | 52,502 | |
Extreme Networks, Inc. (a) | 97,765 | 427,233 | |
F5 Networks, Inc. (a) | 45,944 | 6,079,770 | |
Harmonic, Inc. (a) | 75,239 | 443,910 | |
Infinera Corp. (a)(b) | 126,798 | 924,357 | |
Inseego Corp. (a)(b) | 54,747 | 628,496 | |
InterDigital, Inc. | 23,792 | 1,454,881 | |
Juniper Networks, Inc. | 249,761 | 6,244,025 | |
KVH Industries, Inc. (a) | 13,247 | 119,091 | |
Lantronix, Inc. (a) | 14,398 | 77,317 | |
LRAD Corp. (a)(b) | 22,929 | 114,645 | |
Lumentum Holdings, Inc. (a) | 56,438 | 4,853,668 | |
Motorola Solutions, Inc. | 128,226 | 19,842,974 | |
NETGEAR, Inc. (a) | 23,059 | 769,018 | |
NetScout Systems, Inc. (a) | 46,374 | 1,073,094 | |
Network-1 Security Solutions, Inc. | 6,331 | 13,928 | |
Optical Cable Corp. (a) | 166 | 402 | |
PC-Tel, Inc. | 12,410 | 78,679 | |
Plantronics, Inc. (b) | 25,202 | 311,497 | |
Resonant, Inc. (a)(b) | 33,189 | 88,615 | |
Sonus Networks, Inc. (a) | 67,313 | 288,100 | |
Tessco Technologies, Inc. | 4,410 | 27,210 | |
Ubiquiti, Inc. (b) | 8,988 | 1,633,569 | |
ViaSat, Inc. (a) | 43,508 | 1,729,878 | |
Viavi Solutions, Inc. (a) | 175,190 | 2,336,159 | |
Westell Technologies, Inc. Class A (a) | 5,599 | 6,159 | |
xG Technology, Inc. (a)(b) | 7,158 | 12,455 | |
207,430,703 | |||
Electronic Equipment & Components - 0.7% | |||
Airgain, Inc. (a) | 6,380 | 84,854 | |
Akoustis Technologies, Inc. (a)(b) | 20,818 | 165,087 | |
Amphenol Corp. Class A | 223,234 | 24,511,093 | |
Applied DNA Sciences, Inc. (a)(b) | 4,986 | 36,547 | |
Arlo Technologies, Inc. (a) | 62,183 | 356,309 | |
Arrow Electronics, Inc. (a) | 59,281 | 4,657,115 | |
Avnet, Inc. | 73,197 | 2,013,649 | |
Badger Meter, Inc. (b) | 22,193 | 1,369,086 | |
Bel Fuse, Inc. Class B (non-vtg.) | 7,813 | 93,912 | |
Belden, Inc. | 29,529 | 994,537 | |
Benchmark Electronics, Inc. | 29,123 | 571,102 | |
CDW Corp. | 107,262 | 12,190,326 | |
ClearSign Combustion Corp. (a)(b) | 11,155 | 25,545 | |
Coda Octopus Group, Inc. (a)(b) | 2,455 | 16,522 | |
Cognex Corp. | 129,407 | 8,953,670 | |
Coherent, Inc. (a) | 18,690 | 2,105,615 | |
Corning, Inc. | 572,163 | 18,572,411 | |
CTS Corp. (b) | 25,499 | 532,929 | |
CUI Global, Inc. (a) | 7,844 | 4,215 | |
Daktronics, Inc. | 29,851 | 131,941 | |
Digital Ally, Inc. (a) | 15,010 | 33,773 | |
Dolby Laboratories, Inc. Class A | 48,710 | 3,402,394 | |
eMagin Corp. (a)(b) | 38,702 | 51,474 | |
ePlus, Inc. (a) | 10,457 | 802,261 | |
Fabrinet (a) | 27,454 | 1,915,740 | |
FARO Technologies, Inc. (a) | 13,635 | 770,378 | |
Fitbit, Inc. (a) | 172,026 | 1,094,085 | |
FLIR Systems, Inc. | 98,737 | 3,643,395 | |
Frequency Electronics, Inc. (a) | 752 | 7,535 | |
Identiv, Inc. (a) | 10,382 | 64,057 | |
IEC Electronics Corp. (a) | 4,952 | 41,597 | |
II-VI, Inc. (a)(b) | 72,715 | 3,235,818 | |
Insight Enterprises, Inc. (a) | 27,079 | 1,619,460 | |
Intellicheck, Inc. (a) | 12,391 | 78,063 | |
IPG Photonics Corp. (a) | 26,780 | 4,331,129 | |
Iteris, Inc. (a) | 29,095 | 132,964 | |
Itron, Inc. (a) | 26,478 | 1,577,294 | |
Jabil, Inc. | 104,329 | 3,562,835 | |
KEY Tronic Corp. (a) | 5,878 | 48,317 | |
Keysight Technologies, Inc. (a) | 141,000 | 13,891,320 | |
Kimball Electronics, Inc. (a) | 18,049 | 243,391 | |
Knowles Corp. (a) | 65,717 | 989,698 | |
LGL Group, Inc. (a) | 2,530 | 20,847 | |
LightPath Technologies, Inc. Class A (a) | 20,018 | 49,444 | |
Littelfuse, Inc. | 18,229 | 3,296,532 | |
Luna Innovations, Inc. (a)(b) | 17,851 | 114,246 | |
Methode Electronics, Inc. Class A | 28,310 | 801,456 | |
Micronet Enertec Technologies, Inc. (a)(b) | 116 | 541 | |
MicroVision, Inc. (a)(b) | 92,914 | 146,804 | |
MTS Systems Corp. | 13,766 | 335,890 | |
Napco Security Technolgies, Inc. (a)(b) | 7,740 | 192,803 | |
National Instruments Corp. | 88,697 | 3,183,335 | |
Neonode, Inc. (a)(b) | 5,394 | 53,886 | |
nLIGHT, Inc. (a) | 25,606 | 598,156 | |
Novanta, Inc. (a) | 26,359 | 2,824,894 | |
OSI Systems, Inc. (a) | 13,047 | 1,027,451 | |
Par Technology Corp. (a)(b) | 9,339 | 348,718 | |
PC Connection, Inc. (b) | 8,744 | 387,272 | |
Perceptron, Inc. (a) | 3,877 | 16,245 | |
Plexus Corp. (a) | 22,438 | 1,706,859 | |
Powerfleet, Inc. (a) | 18,868 | 106,038 | |
Research Frontiers, Inc. (a)(b) | 15,712 | 36,452 | |
RF Industries Ltd. | 5,266 | 21,696 | |
Richardson Electronics Ltd. | 6,989 | 31,730 | |
Rogers Corp. (a) | 13,948 | 1,580,448 | |
Sanmina Corp. (a) | 50,304 | 1,423,603 | |
ScanSource, Inc. (a) | 19,678 | 485,850 | |
SYNNEX Corp. | 31,011 | 3,943,049 | |
TE Connectivity Ltd. | 248,670 | 24,021,522 | |
Trimble, Inc. (a) | 188,508 | 9,879,704 | |
TTM Technologies, Inc. (a) | 74,754 | 856,681 | |
Vishay Intertechnology, Inc. | 101,237 | 1,618,780 | |
Vishay Precision Group, Inc. (a) | 9,085 | 226,307 | |
Wayside Technology Group, Inc. | 363 | 9,021 | |
Wireless Telecom Group, Inc. (a) | 3,302 | 4,326 | |
Wrap Technologies, Inc. (a)(b) | 6,352 | 55,262 | |
Zebra Technologies Corp. Class A (a) | 40,024 | 11,468,077 | |
189,797,368 | |||
IT Services - 5.5% | |||
Accenture PLC Class A | 480,770 | 115,351,146 | |
Akamai Technologies, Inc. (a) | 122,464 | 14,258,484 | |
Alliance Data Systems Corp. | 31,662 | 1,428,273 | |
Automatic Data Processing, Inc. | 324,348 | 45,113,563 | |
Black Knight, Inc. (a) | 113,332 | 9,531,221 | |
Booz Allen Hamilton Holding Corp. Class A | 104,260 | 9,181,136 | |
Brightcove, Inc. (a) | 30,608 | 340,361 | |
Broadridge Financial Solutions, Inc. | 86,624 | 11,902,138 | |
CACI International, Inc. Class A (a) | 18,935 | 4,434,388 | |
Cardtronics PLC (a)(b) | 27,607 | 599,348 | |
Cass Information Systems, Inc. (b) | 9,620 | 376,719 | |
Cognizant Technology Solutions Corp. Class A | 407,710 | 27,259,491 | |
Computer Task Group, Inc. (a) | 7,607 | 36,514 | |
Conduent, Inc. (a) | 130,723 | 441,844 | |
CSG Systems International, Inc. | 25,807 | 1,098,604 | |
CSP, Inc. | 1,089 | 10,335 | |
DXC Technology Co. | 190,644 | 3,809,067 | |
Endurance International Group Holdings, Inc. (a) | 60,056 | 390,965 | |
EPAM Systems, Inc. (a) | 41,937 | 13,717,593 | |
Euronet Worldwide, Inc. (a) | 39,310 | 4,063,868 | |
EVERTEC, Inc. | 46,067 | 1,613,266 | |
EVO Payments, Inc. Class A (a) | 31,817 | 914,102 | |
Exela Technologies, Inc. (a)(b) | 24,050 | 10,291 | |
ExlService Holdings, Inc. (a) | 25,427 | 1,619,446 | |
Fastly, Inc. Class A (a)(b) | 14,483 | 1,344,602 | |
Fidelity National Information Services, Inc. | 466,418 | 70,359,155 | |
Fiserv, Inc. (a) | 424,444 | 42,266,134 | |
FleetCor Technologies, Inc. (a) | 63,220 | 15,896,669 | |
Gartner, Inc. (a) | 67,362 | 8,744,935 | |
Genpact Ltd. | 116,395 | 4,909,541 | |
Global Payments, Inc. | 225,742 | 39,870,552 | |
GoDaddy, Inc. (a) | 124,632 | 10,429,206 | |
GreenSky, Inc. Class A (a)(b) | 30,878 | 134,319 | |
Grid Dynamics Holdings, Inc. (a) | 17,364 | 128,841 | |
GTT Communications, Inc. (a)(b) | 22,906 | 114,072 | |
Hackett Group, Inc. | 21,435 | 270,295 | |
i3 Verticals, Inc. Class A (a) | 11,407 | 318,141 | |
IBM Corp. | 670,134 | 82,634,224 | |
Information Services Group, Inc. (a) | 18,737 | 38,505 | |
Innodata, Inc. (a) | 16,295 | 34,220 | |
International Money Express, Inc. (a) | 21,249 | 359,533 | |
Jack Henry & Associates, Inc. | 57,749 | 9,552,840 | |
KBR, Inc. | 106,723 | 2,667,008 | |
Leidos Holdings, Inc. | 100,840 | 9,125,012 | |
Limelight Networks, Inc. (a) | 89,990 | 510,243 | |
Liveramp Holdings, Inc. (a) | 48,902 | 2,730,688 | |
ManTech International Corp. Class A | 20,062 | 1,501,641 | |
Marathon Patent Group, Inc. (a)(b) | 13,508 | 33,500 | |
MasterCard, Inc. Class A | 667,076 | 238,939,952 | |
Maximus, Inc. | 46,354 | 3,594,753 | |
ModusLink Global Solutions, Inc. (a) | 9,148 | 6,084 | |
MoneyGram International, Inc. (a)(b) | 19,732 | 57,617 | |
MongoDB, Inc. Class A (a) | 27,291 | 6,380,636 | |
NIC, Inc. | 50,924 | 1,088,755 | |
Okta, Inc. (a) | 87,544 | 18,854,351 | |
Paychex, Inc. | 240,833 | 18,416,500 | |
PayPal Holdings, Inc. (a) | 886,077 | 180,883,759 | |
Paysign, Inc. (a)(b) | 23,055 | 148,474 | |
Perficient, Inc. (a) | 25,432 | 1,091,287 | |
Perspecta, Inc. | 102,424 | 2,127,346 | |
PFSweb, Inc. (a) | 14,318 | 120,987 | |
PRG-Schultz International, Inc. (a) | 10,780 | 59,506 | |
Priority Technology Holdings, Inc. (a) | 1,619 | 3,157 | |
Repay Holdings Corp. (a) | 27,278 | 690,133 | |
Sabre Corp. | 241,250 | 1,686,338 | |
Science Applications International Corp. | 37,712 | 3,147,444 | |
ServiceSource International, Inc. (a) | 54,218 | 81,598 | |
Square, Inc. (a) | 257,469 | 41,081,754 | |
StarTek, Inc. (a) | 9,134 | 45,670 | |
Switch, Inc. Class A | 44,231 | 760,773 | |
Sykes Enterprises, Inc. (a) | 30,027 | 994,044 | |
The Western Union Co. | 310,259 | 7,319,010 | |
Ttec Holdings, Inc. | 14,080 | 798,195 | |
Twilio, Inc. Class A (a) | 103,654 | 27,961,703 | |
Unisys Corp. (a)(b) | 39,489 | 460,442 | |
VeriSign, Inc. (a) | 76,668 | 16,468,286 | |
Verra Mobility Corp. (a) | 102,501 | 1,082,923 | |
Virtusa Corp. (a) | 22,801 | 901,552 | |
Visa, Inc. Class A (b) | 1,273,474 | 269,963,753 | |
WEX, Inc. (a) | 32,799 | 5,238,328 | |
WidePoint Corp. (a) | 21,123 | 10,878 | |
1,421,942,027 | |||
Semiconductors & Semiconductor Equipment - 4.6% | |||
ACM Research, Inc. (a) | 6,942 | 616,519 | |
Advanced Energy Industries, Inc. (a) | 28,590 | 2,119,091 | |
Advanced Micro Devices, Inc. (a) | 883,883 | 80,274,254 | |
AEHR Test Systems (a) | 18,714 | 33,311 | |
Alpha & Omega Semiconductor Ltd. (a) | 15,524 | 210,350 | |
Ambarella, Inc. (a) | 24,115 | 1,270,861 | |
Amkor Technology, Inc. (a) | 80,833 | 985,758 | |
Amtech Systems, Inc. (a) | 9,659 | 54,863 | |
Analog Devices, Inc. | 278,048 | 32,498,250 | |
Applied Materials, Inc. | 691,387 | 42,589,439 | |
Atomera, Inc. (a)(b) | 12,292 | 156,231 | |
Axcelis Technologies, Inc. (a) | 24,581 | 580,849 | |
AXT, Inc. (a) | 29,686 | 167,429 | |
Broadcom, Inc. | 301,776 | 104,761,538 | |
Brooks Automation, Inc. | 55,495 | 2,865,207 | |
Cabot Microelectronics Corp. | 21,866 | 3,329,973 | |
Ceva, Inc. (a) | 17,064 | 720,954 | |
Cirrus Logic, Inc. (a) | 43,883 | 2,658,871 | |
Cohu, Inc. | 31,055 | 534,146 | |
Cree, Inc. (a) | 81,452 | 5,139,621 | |
CVD Equipment Corp. (a) | 7,163 | 21,561 | |
CyberOptics Corp. (a) | 5,738 | 183,903 | |
Diodes, Inc. (a) | 31,099 | 1,519,497 | |
DSP Group, Inc. (a) | 17,184 | 246,419 | |
Enphase Energy, Inc. (a) | 61,380 | 4,740,377 | |
Entegris, Inc. | 101,550 | 6,792,680 | |
Envision Solar International, Inc. (a) | 2,716 | 37,644 | |
Everspin Technologies, Inc. (a) | 4,881 | 28,359 | |
First Solar, Inc. (a)(b) | 57,468 | 4,401,474 | |
FormFactor, Inc. (a) | 58,831 | 1,537,254 | |
GSI Technology, Inc. (a) | 11,507 | 73,185 | |
Ichor Holdings Ltd. (a) | 17,538 | 441,256 | |
Impinj, Inc. (a) | 11,203 | 273,913 | |
Inphi Corp. (a) | 36,399 | 4,148,758 | |
Intel Corp. | 3,195,733 | 162,822,596 | |
Intest Corp. (a) | 2,847 | 14,007 | |
KLA-Tencor Corp. | 116,964 | 23,993,995 | |
Kopin Corp. (a) | 54,545 | 82,363 | |
Kulicke & Soffa Industries, Inc. | 48,470 | 1,162,311 | |
Lam Research Corp. | 109,506 | 36,831,248 | |
Lattice Semiconductor Corp. (a) | 101,630 | 2,906,618 | |
MACOM Technology Solutions Holdings, Inc. (a) | 35,410 | 1,261,658 | |
Marvell Technology Group Ltd. | 500,422 | 19,406,365 | |
Maxeon Solar Technologies Ltd. (a)(b) | 807 | 16,769 | |
Maxim Integrated Products, Inc. | 201,201 | 13,770,196 | |
MaxLinear, Inc. Class A (a) | 49,991 | 1,217,281 | |
Microchip Technology, Inc. | 185,107 | 20,306,238 | |
Micron Technology, Inc. (a) | 839,360 | 38,199,274 | |
MKS Instruments, Inc. | 41,269 | 4,932,884 | |
Monolithic Power Systems, Inc. | 31,370 | 8,379,868 | |
MoSys, Inc. (a) | 89 | 143 | |
NeoPhotonics Corp. (a) | 32,215 | 214,552 | |
NVE Corp. | 3,653 | 195,180 | |
NVIDIA Corp. | 464,244 | 248,361,255 | |
NXP Semiconductors NV | 210,415 | 26,461,790 | |
ON Semiconductor Corp. (a) | 309,032 | 6,604,014 | |
Onto Innovation, Inc. (a) | 37,441 | 1,169,657 | |
PDF Solutions, Inc. (a) | 22,355 | 462,749 | |
Photronics, Inc. (a) | 51,902 | 520,577 | |
Pixelworks, Inc. (a) | 27,639 | 63,017 | |
Power Integrations, Inc. | 44,897 | 2,512,885 | |
Qorvo, Inc. (a) | 86,596 | 11,107,669 | |
Qualcomm, Inc. | 848,897 | 101,103,633 | |
QuickLogic Corp. (a) | 6,639 | 21,245 | |
Rambus, Inc. (a) | 83,910 | 1,126,911 | |
Rubicon Technology, Inc. (a) | 738 | 6,111 | |
Semtech Corp. (a) | 48,904 | 2,868,220 | |
Silicon Laboratories, Inc. (a) | 32,841 | 3,363,247 | |
SiTime Corp. (b) | 3,398 | 223,860 | |
Skyworks Solutions, Inc. | 125,754 | 18,215,467 | |
SMART Global Holdings, Inc. (a)(b) | 10,275 | 258,930 | |
SolarEdge Technologies, Inc. (a) | 37,434 | 8,278,529 | |
SunPower Corp. (a)(b) | 66,463 | 743,721 | |
Synaptics, Inc. (a) | 25,491 | 2,175,147 | |
Teradyne, Inc. | 124,997 | 10,620,995 | |
Texas Instruments, Inc. | 692,684 | 98,465,031 | |
Ultra Clean Holdings, Inc. (a) | 30,738 | 753,696 | |
Universal Display Corp. | 32,063 | 5,627,057 | |
Veeco Instruments, Inc. (a) | 38,941 | 463,008 | |
Xilinx, Inc. | 183,431 | 19,106,173 | |
1,212,411,935 | |||
Software - 9.5% | |||
2U, Inc. (a)(b) | 53,127 | 2,198,927 | |
8x8, Inc. (a) | 77,544 | 1,308,943 | |
A10 Networks, Inc. (a) | 44,864 | 383,587 | |
ACI Worldwide, Inc. (a) | 86,959 | 2,554,855 | |
Adobe, Inc. (a) | 363,615 | 186,676,305 | |
Agilysys, Inc. (a)(b) | 14,979 | 380,017 | |
Alarm.com Holdings, Inc. (a) | 31,848 | 1,906,740 | |
Altair Engineering, Inc. Class A (a)(b) | 29,473 | 1,238,455 | |
Alteryx, Inc. Class A (a)(b) | 37,552 | 4,537,408 | |
American Software, Inc. Class A | 23,296 | 329,871 | |
Anaplan, Inc. (a) | 67,169 | 4,114,101 | |
ANSYS, Inc. (a) | 64,787 | 21,963,441 | |
AppFolio, Inc. (a) | 10,982 | 1,845,305 | |
Appian Corp. Class A (a)(b) | 25,976 | 1,590,770 | |
Aspen Technology, Inc. (a) | 51,061 | 6,486,279 | |
Asure Software, Inc. (a)(b) | 10,107 | 68,020 | |
AudioEye, Inc. (a) | 1,799 | 34,271 | |
Autodesk, Inc. (a) | 165,407 | 40,640,500 | |
Avalara, Inc. (a) | 54,646 | 7,235,677 | |
Avaya Holdings Corp. (a) | 61,605 | 956,110 | |
Benefitfocus, Inc. (a) | 20,955 | 216,675 | |
Bill.Com Holdings, Inc. (a) | 16,142 | 1,597,735 | |
Blackbaud, Inc. | 37,200 | 2,375,220 | |
BlackLine, Inc. (a) | 32,708 | 2,857,698 | |
Bottomline Technologies, Inc. (a) | 28,254 | 1,345,738 | |
Box, Inc. Class A (a) | 113,318 | 2,224,432 | |
BSQUARE Corp. (a) | 3,297 | 5,176 | |
Cadence Design Systems, Inc. (a) | 210,577 | 23,355,095 | |
CDK Global, Inc. | 91,725 | 4,276,220 | |
Cerence, Inc. (a)(b) | 27,824 | 1,480,237 | |
Ceridian HCM Holding, Inc. (a) | 82,053 | 6,524,855 | |
ChannelAdvisor Corp. (a) | 20,038 | 337,039 | |
Citrix Systems, Inc. | 87,521 | 12,708,049 | |
Cleanspark, Inc. (a)(b) | 6,832 | 68,867 | |
Cloudera, Inc. (a) | 195,599 | 2,583,863 | |
Cloudflare, Inc. (a) | 30,991 | 1,185,716 | |
CommVault Systems, Inc. (a) | 31,878 | 1,378,086 | |
Cornerstone OnDemand, Inc. (a) | 41,686 | 1,470,265 | |
Coupa Software, Inc. (a) | 50,237 | 16,464,674 | |
Crowdstrike Holdings, Inc. (a) | 15,644 | 1,966,920 | |
Datadog, Inc. Class A (a) | 21,174 | 1,769,088 | |
Digimarc Corp. (a)(b) | 8,712 | 139,218 | |
Digital Turbine, Inc. (a) | 49,750 | 1,203,453 | |
DocuSign, Inc. (a) | 98,049 | 21,864,927 | |
Domo, Inc. Class B (a) | 17,199 | 700,343 | |
Dropbox, Inc. Class A (a) | 168,795 | 3,573,390 | |
Dynatrace, Inc. | 137,680 | 6,089,586 | |
Ebix, Inc. (b) | 17,098 | 394,451 | |
eGain Communications Corp. (a) | 13,324 | 178,275 | |
Elastic NV (a) | 25,280 | 2,744,902 | |
Envestnet, Inc. (a) | 40,370 | 3,350,306 | |
Everbridge, Inc. (a)(b) | 25,843 | 3,840,528 | |
Evolving Systems, Inc. (a) | 1,466 | 1,554 | |
Fair Isaac Corp. (a) | 21,882 | 9,207,727 | |
FireEye, Inc. (a)(b) | 167,478 | 2,458,577 | |
Five9, Inc. (a) | 46,712 | 5,952,977 | |
Fortinet, Inc. (a) | 101,190 | 13,357,586 | |
GlowPoint, Inc. (a)(b) | 553 | 1,222 | |
GSE Systems, Inc. (a) | 114 | 106 | |
GTY Govtech, Inc. (a)(b) | 29,444 | 96,135 | |
Guidewire Software, Inc. (a) | 62,597 | 7,030,269 | |
HubSpot, Inc. (a) | 30,943 | 9,272,998 | |
Intelligent Systems Corp. (a)(b) | 4,482 | 168,478 | |
Intuit, Inc. | 196,820 | 67,979,660 | |
Inuvo, Inc. (a)(b) | 2,842 | 1,201 | |
j2 Global, Inc. (a)(b) | 34,123 | 2,388,269 | |
LivePerson, Inc. (a)(b) | 46,273 | 2,760,647 | |
Majesco (a) | 8,690 | 138,953 | |
Manhattan Associates, Inc. (a) | 47,813 | 4,649,814 | |
Marin Software, Inc. (a) | 420 | 571 | |
Medallia, Inc. (a)(b) | 20,833 | 753,946 | |
Microsoft Corp. | 5,723,560 | 1,290,834,487 | |
MicroStrategy, Inc. Class A (a) | 5,658 | 817,242 | |
Mitek Systems, Inc. (a) | 31,489 | 399,595 | |
MobileIron, Inc. (a) | 71,942 | 469,781 | |
Model N, Inc. (a) | 20,410 | 802,521 | |
Net Element International, Inc. (a) | 2,799 | 18,697 | |
NetSol Technologies, Inc. (a) | 4,917 | 14,505 | |
New Relic, Inc. (a) | 38,364 | 2,356,701 | |
Nortonlifelock, Inc. | 409,104 | 9,622,126 | |
Nuance Communications, Inc. (a) | 212,255 | 6,359,160 | |
Nutanix, Inc. Class A (a) | 113,620 | 3,262,030 | |
NXT-ID, Inc. (a) | 9,811 | 3,787 | |
Onespan, Inc. (a) | 24,677 | 531,789 | |
Oracle Corp. | 1,571,026 | 89,894,108 | |
Pagerduty, Inc. (a) | 6,782 | 221,568 | |
Palo Alto Networks, Inc. (a) | 72,857 | 18,754,120 | |
Parametric Technology Corp. (a) | 78,777 | 7,201,006 | |
Pareteum Corp. (a)(b) | 109,479 | 74,446 | |
Park City Group, Inc. (a) | 5,806 | 28,798 | |
Paycom Software, Inc. (a) | 36,376 | 10,893,157 | |
Paylocity Holding Corp. (a) | 27,115 | 3,992,684 | |
Pegasystems, Inc. | 28,866 | 3,708,415 | |
Phunware, Inc. (a)(b) | 20,350 | 21,978 | |
Ping Identity Holding Corp. (a) | 23,392 | 806,322 | |
Pluralsight, Inc. (a)(b) | 74,551 | 1,426,906 | |
Progress Software Corp. | 34,404 | 1,303,568 | |
Proofpoint, Inc. (a) | 43,268 | 4,745,202 | |
PROS Holdings, Inc. (a) | 31,032 | 1,210,248 | |
Q2 Holdings, Inc. (a)(b) | 36,818 | 3,582,023 | |
QAD, Inc.: | |||
Class A | 8,438 | 383,760 | |
Class B | 1,267 | 42,635 | |
Qualys, Inc. (a) | 25,275 | 2,682,689 | |
Qumu Corp. (a) | 12,019 | 64,061 | |
Rapid7, Inc. (a) | 34,458 | 2,224,953 | |
RealNetworks, Inc. (a) | 8,452 | 10,988 | |
RealPage, Inc. (a) | 65,994 | 4,132,544 | |
Rimini Street, Inc. (a) | 12,632 | 55,328 | |
RingCentral, Inc. (a) | 58,047 | 16,878,326 | |
Riot Blockchain, Inc. (a)(b) | 26,245 | 91,858 | |
SailPoint Technologies Holding, Inc. (a) | 64,330 | 2,523,666 | |
Salesforce.com, Inc. (a) | 680,036 | 185,411,815 | |
SeaChange International, Inc. (a) | 22,733 | 30,462 | |
SecureWorks Corp. (a)(b) | 7,771 | 100,479 | |
ServiceNow, Inc. (a) | 143,928 | 69,376,175 | |
SharpSpring, Inc. (a) | 7,022 | 77,102 | |
ShotSpotter, Inc. (a)(b) | 6,245 | 187,100 | |
Slack Technologies, Inc. Class A (a)(b) | 48,053 | 1,578,061 | |
Smartsheet, Inc. (a) | 69,208 | 3,773,912 | |
Smith Micro Software, Inc. (a)(b) | 20,881 | 80,183 | |
SolarWinds, Inc. (a) | 50,161 | 1,054,886 | |
Splunk, Inc. (a) | 119,778 | 26,270,909 | |
Sprout Social, Inc. (a) | 6,768 | 262,260 | |
SPS Commerce, Inc. (a) | 26,163 | 2,089,900 | |
SS&C Technologies Holdings, Inc. | 168,663 | 10,747,206 | |
Support.com, Inc. | 11,561 | 22,660 | |
SurveyMonkey (a) | 70,774 | 1,761,565 | |
Synacor, Inc. (a) | 5,906 | 6,851 | |
Synchronoss Technologies, Inc. (a) | 29,849 | 131,037 | |
Synopsys, Inc. (a) | 113,782 | 25,179,957 | |
TeleNav, Inc. (a) | 24,075 | 110,504 | |
Tenable Holdings, Inc. (a) | 39,293 | 1,478,989 | |
Teradata Corp. (a)(b) | 81,420 | 1,982,577 | |
The Trade Desk, Inc. (a) | 30,835 | 14,840,886 | |
Tyler Technologies, Inc. (a) | 29,994 | 10,357,228 | |
Upland Software, Inc. (a) | 15,771 | 618,539 | |
Varonis Systems, Inc. (a) | 24,057 | 2,971,761 | |
Verb Technology Co., Inc. (a) | 14,205 | 16,620 | |
Verint Systems, Inc. (a) | 47,961 | 2,281,025 | |
Veritone, Inc. (a)(b) | 17,828 | 147,438 | |
VirnetX Holding Corp. (b) | 46,429 | 230,752 | |
VMware, Inc. Class A (a)(b) | 60,207 | 8,696,299 | |
Workday, Inc. Class A (a) | 123,430 | 29,587,405 | |
Workiva, Inc. (a) | 28,807 | 1,699,613 | |
Xperi Holding Corp. | 90,268 | 1,131,058 | |
Yext, Inc. (a)(b) | 72,401 | 1,437,884 | |
Zendesk, Inc. (a) | 86,200 | 8,307,956 | |
Zix Corp. (a) | 43,880 | 265,913 | |
Zoom Video Communications, Inc. Class A (a) | 21,484 | 6,984,448 | |
Zscaler, Inc. (a) | 49,730 | 7,128,298 | |
Zuora, Inc. (a) | 59,262 | 805,371 | |
2,464,612,161 | |||
Technology Hardware, Storage & Peripherals - 6.4% | |||
3D Systems Corp. (a)(b) | 90,205 | 495,225 | |
Apple, Inc. | 12,299,874 | 1,587,175,700 | |
Astro-Med, Inc. | 3,839 | 26,297 | |
Avid Technology, Inc. (a) | 26,861 | 217,574 | |
Boxlight Corp. (a)(b) | 24,762 | 42,095 | |
Dell Technologies, Inc. (a) | 116,804 | 7,718,408 | |
Diebold Nixdorf, Inc. (a)(b) | 59,446 | 495,780 | |
Eastman Kodak Co. (a)(b) | 21,104 | 126,202 | |
Hewlett Packard Enterprise Co. | 966,806 | 9,349,014 | |
HP, Inc. | 1,078,568 | 21,086,004 | |
Immersion Corp. (a) | 26,895 | 255,771 | |
Intevac, Inc. (a) | 20,748 | 124,488 | |
NCR Corp. (a) | 95,345 | 1,948,852 | |
NetApp, Inc. | 166,805 | 7,904,889 | |
One Stop Systems, Inc. (a) | 2,319 | 5,890 | |
Pure Storage, Inc. Class A (a) | 174,954 | 2,669,798 | |
Quantum Corp. (a) | 30,535 | 166,721 | |
Seagate Technology LLC | 170,519 | 8,183,207 | |
Sonim Technologies, Inc. (a) | 3,914 | 3,436 | |
Super Micro Computer, Inc. (a) | 32,366 | 886,505 | |
Transact Technologies, Inc. | 2,972 | 15,989 | |
Western Digital Corp. | 226,060 | 8,685,225 | |
Xerox Holdings Corp. | 140,048 | 2,641,305 | |
1,660,224,375 | |||
TOTAL INFORMATION TECHNOLOGY | 7,156,418,569 | ||
MATERIALS - 2.7% | |||
Chemicals - 1.7% | |||
Advanced Emissions Solutions, Inc. | 11,528 | 44,613 | |
AdvanSix, Inc. (a) | 21,431 | 272,817 | |
AgroFresh Solutions, Inc. (a) | 13,102 | 32,493 | |
Air Products & Chemicals, Inc. | 166,705 | 48,721,203 | |
Albemarle Corp. U.S. | 80,225 | 7,301,277 | |
American Vanguard Corp. | 21,724 | 307,395 | |
Amyris, Inc. (a)(b) | 59,848 | 196,301 | |
Ashland Global Holdings, Inc. | 45,590 | 3,359,527 | |
Axalta Coating Systems Ltd. (a) | 158,346 | 3,776,552 | |
Balchem Corp. | 24,208 | 2,365,122 | |
Cabot Corp. | 41,764 | 1,545,686 | |
Celanese Corp. Class A | 89,274 | 9,030,065 | |
CF Industries Holdings, Inc. | 161,372 | 5,265,568 | |
Chase Corp. | 5,640 | 550,295 | |
Core Molding Technologies, Inc. (a) | 3,200 | 19,520 | |
Corteva, Inc. | 564,122 | 16,105,683 | |
Dow, Inc. | 558,326 | 25,191,669 | |
DuPont de Nemours, Inc. | 553,238 | 30,848,551 | |
Eastman Chemical Co. | 102,676 | 7,506,642 | |
Ecolab, Inc. | 186,717 | 36,798,186 | |
Element Solutions, Inc. (a) | 169,619 | 1,823,404 | |
Ferro Corp. (a) | 62,926 | 784,687 | |
Flotek Industries, Inc. (a)(b) | 29,992 | 68,682 | |
FMC Corp. | 97,767 | 10,447,382 | |
FutureFuel Corp. | 19,502 | 235,974 | |
GCP Applied Technologies, Inc. (a) | 41,656 | 1,085,555 | |
H.B. Fuller Co. | 38,266 | 1,843,273 | |
Hawkins, Inc. | 7,565 | 379,914 | |
Huntsman Corp. | 147,520 | 3,189,382 | |
Ingevity Corp. (a) | 31,722 | 1,781,825 | |
Innospec, Inc. | 18,671 | 1,394,537 | |
International Flavors & Fragrances, Inc. (b) | 80,670 | 9,986,139 | |
Intrepid Potash, Inc. (a) | 6,779 | 63,316 | |
Koppers Holdings, Inc. (a) | 15,467 | 372,136 | |
Kraton Performance Polymers, Inc. (a) | 25,863 | 363,117 | |
Kronos Worldwide, Inc. (b) | 15,730 | 196,468 | |
Linde PLC | 396,569 | 99,039,142 | |
Livent Corp. (a)(b) | 111,280 | 943,654 | |
Loop Industries, Inc. (a)(b) | 11,462 | 126,311 | |
LSB Industries, Inc. (a) | 15,618 | 34,047 | |
LyondellBasell Industries NV Class A | 193,648 | 12,680,071 | |
Marrone Bio Innovations, Inc. (a)(b) | 23,639 | 30,022 | |
Minerals Technologies, Inc. | 26,691 | 1,354,568 | |
NewMarket Corp. | 5,454 | 2,031,560 | |
Northern Technologies International Corp. | 7,022 | 58,353 | |
Olin Corp. | 120,997 | 1,361,216 | |
PolyOne Corp. | 68,029 | 1,736,100 | |
PPG Industries, Inc. | 178,006 | 21,431,922 | |
PQ Group Holdings, Inc. (a) | 29,480 | 343,442 | |
Quaker Chemical Corp. (b) | 9,720 | 1,846,800 | |
Rayonier Advanced Materials, Inc. (a) | 43,126 | 136,278 | |
RPM International, Inc. | 97,937 | 8,302,119 | |
Sensient Technologies Corp. | 31,486 | 1,738,657 | |
Sherwin-Williams Co. | 61,008 | 40,939,418 | |
Stepan Co. | 14,897 | 1,717,475 | |
The Chemours Co. LLC | 123,068 | 2,542,585 | |
The Mosaic Co. | 262,395 | 4,783,461 | |
The Scotts Miracle-Gro Co. Class A | 29,737 | 5,011,577 | |
Trecora Resources (a) | 15,967 | 95,962 | |
Tredegar Corp. | 19,677 | 333,132 | |
Trinseo SA | 29,891 | 744,585 | |
Tronox Holdings PLC | 71,680 | 642,253 | |
Valhi, Inc. | 1,779 | 24,835 | |
Valvoline, Inc. | 139,560 | 2,847,024 | |
Venator Materials PLC (a) | 32,002 | 68,804 | |
W.R. Grace & Co. | 41,862 | 1,704,202 | |
Westlake Chemical Corp. | 26,142 | 1,550,743 | |
449,455,274 | |||
Construction Materials - 0.1% | |||
Eagle Materials, Inc. | 31,143 | 2,546,563 | |
Forterra, Inc. (a) | 16,408 | 217,406 | |
Martin Marietta Materials, Inc. | 46,967 | 9,528,195 | |
Summit Materials, Inc. (a) | 84,800 | 1,262,672 | |
Tecnoglass, Inc. | 17,042 | 93,901 | |
U.S. Concrete, Inc. (a) | 12,319 | 328,794 | |
United States Lime & Minerals, Inc. | 1,583 | 145,842 | |
Vulcan Materials Co. | 99,890 | 11,986,800 | |
26,110,173 | |||
Containers & Packaging - 0.4% | |||
Amcor PLC | 1,187,179 | 13,130,200 | |
Aptargroup, Inc. | 48,610 | 5,754,938 | |
Avery Dennison Corp. | 62,929 | 7,261,377 | |
Ball Corp. | 246,172 | 19,784,844 | |
Berry Global Group, Inc. (a) | 99,995 | 5,153,742 | |
Crown Holdings, Inc. (a) | 101,815 | 7,824,483 | |
Graphic Packaging Holding Co. | 211,133 | 2,951,639 | |
Greif, Inc.: | |||
Class A | 22,931 | 845,007 | |
Class B | 2,138 | 87,722 | |
International Paper Co. | 294,962 | 10,698,272 | |
Myers Industries, Inc. | 28,634 | 438,100 | |
O-I Glass, Inc. (b) | 116,626 | 1,268,891 | |
Packaging Corp. of America | 71,536 | 7,242,305 | |
Ranpak Holdings Corp. (A Shares) (a) | 28,804 | 257,508 | |
Sealed Air Corp. | 117,388 | 4,613,348 | |
Silgan Holdings, Inc. | 58,956 | 2,243,865 | |
Sonoco Products Co. | 75,351 | 3,995,864 | |
UFP Technologies, Inc. (a) | 5,378 | 221,627 | |
WestRock Co. | 194,653 | 5,903,825 | |
99,677,557 | |||
Metals & Mining - 0.4% | |||
Alcoa Corp. (a) | 143,773 | 2,101,961 | |
Allegheny Technologies, Inc. (a) | 94,694 | 788,801 | |
Ampco-Pittsburgh Corp. (a) | 3,070 | 10,622 | |
Ampco-Pittsburgh Corp. rights 9/16/20 (a)(c) | 3,070 | 215 | |
Arconic Rolled Products Corp. (a) | 73,309 | 1,631,125 | |
Carpenter Technology Corp. | 36,278 | 762,926 | |
Century Aluminum Co. (a) | 40,680 | 401,512 | |
Cleveland-Cliffs, Inc. (b) | 297,923 | 1,960,333 | |
Coeur d'Alene Mines Corp. (a) | 182,780 | 1,546,319 | |
Commercial Metals Co. | 88,650 | 1,850,126 | |
Compass Minerals International, Inc. | 25,194 | 1,434,294 | |
Comstock Mining, Inc. (a) | 668 | 762 | |
Contura Energy, Inc. (a) | 13,621 | 56,391 | |
Freeport-McMoRan, Inc. | 1,095,207 | 17,096,181 | |
Friedman Industries | 589 | 3,569 | |
General Moly, Inc. (a) | 17,839 | 2,230 | |
Gold Resource Corp. (b) | 48,979 | 194,936 | |
Golden Minerals Co. (a)(b) | 20,934 | 9,751 | |
Haynes International, Inc. | 10,126 | 189,761 | |
Hecla Mining Co. | 394,355 | 2,374,017 | |
Kaiser Aluminum Corp. | 12,077 | 776,310 | |
Materion Corp. | 15,613 | 852,314 | |
McEwen Mining, Inc. (a)(b) | 249,862 | 314,826 | |
Newmont Corp. | 605,821 | 40,759,637 | |
Nucor Corp. | 227,179 | 10,327,557 | |
Olympic Steel, Inc. | 8,021 | 88,231 | |
Paramount Gold Nevada Corp. (a)(b) | 2,346 | 2,862 | |
Ramaco Resources, Inc. (a)(b) | 1,114 | 3,364 | |
Reliance Steel & Aluminum Co. | 47,988 | 5,032,502 | |
Royal Gold, Inc. | 49,520 | 6,750,566 | |
Ryerson Holding Corp. (a) | 10,387 | 57,232 | |
Schnitzer Steel Industries, Inc. Class A | 20,840 | 411,382 | |
Solitario Exploration & Royalty Corp. (a) | 5,340 | 1,866 | |
Steel Dynamics, Inc. | 158,398 | 4,675,909 | |
SunCoke Energy, Inc. | 66,812 | 239,187 | |
Synalloy Corp. (a) | 5,467 | 34,497 | |
TimkenSteel Corp. (a) | 26,515 | 99,962 | |
U.S. Antimony Corp. (a) | 7,358 | 3,673 | |
United States Steel Corp. (b) | 167,442 | 1,311,071 | |
Universal Stainless & Alloy Products, Inc. (a) | 6,628 | 44,540 | |
Warrior Metropolitan Coal, Inc. | 38,403 | 594,094 | |
Worthington Industries, Inc. | 28,526 | 1,184,685 | |
105,982,099 | |||
Paper & Forest Products - 0.1% | |||
Boise Cascade Co. | 29,891 | 1,369,008 | |
Clearwater Paper Corp. (a) | 12,663 | 426,237 | |
Domtar Corp. | 40,943 | 1,167,694 | |
Louisiana-Pacific Corp. | 84,400 | 2,780,136 | |
Mercer International, Inc. (SBI) | 29,156 | 244,327 | |
Neenah, Inc. | 12,881 | 570,371 | |
P.H. Glatfelter Co. | 32,208 | 482,798 | |
Resolute Forest Products (a) | 63,420 | 299,977 | |
Schweitzer-Mauduit International, Inc. | 23,581 | 715,212 | |
Verso Corp. | 25,649 | 336,258 | |
8,392,018 | |||
TOTAL MATERIALS | 689,617,121 | ||
REAL ESTATE - 3.3% | |||
Equity Real Estate Investment Trusts (REITs) - 3.2% | |||
Acadia Realty Trust (SBI) | 66,747 | 756,911 | |
Agree Realty Corp. | 41,081 | 2,749,141 | |
Alexander & Baldwin, Inc. | 52,423 | 634,843 | |
Alexanders, Inc. | 1,634 | 416,784 | |
Alexandria Real Estate Equities, Inc. | 95,555 | 16,089,551 | |
Alpine Income Property Trust, Inc. | 8,494 | 123,248 | |
American Assets Trust, Inc. | 37,156 | 949,336 | |
American Campus Communities, Inc. | 104,041 | 3,526,990 | |
American Finance Trust, Inc. | 82,261 | 562,254 | |
American Homes 4 Rent Class A | 194,230 | 5,562,747 | |
American Tower Corp. | 334,666 | 83,382,034 | |
Americold Realty Trust | 151,763 | 5,820,111 | |
Apartment Investment & Management Co. Class A | 112,651 | 4,058,816 | |
Apple Hospitality (REIT), Inc. | 156,792 | 1,594,575 | |
Armada Hoffler Properties, Inc. | 44,226 | 446,683 | |
Ashford Hospitality Trust, Inc. | 5,542 | 17,069 | |
AvalonBay Communities, Inc. | 106,339 | 16,807,942 | |
Bluerock Residential Growth (REIT), Inc. | 15,205 | 112,669 | |
Boston Properties, Inc. | 109,056 | 9,473,695 | |
Braemar Hotels & Resorts, Inc. | 25,106 | 60,003 | |
Brandywine Realty Trust (SBI) | 127,037 | 1,413,922 | |
Brixmor Property Group, Inc. | 222,892 | 2,630,126 | |
BRT Realty Trust | 8,482 | 113,235 | |
Camden Property Trust (SBI) | 73,943 | 6,724,376 | |
CareTrust (REIT), Inc. | 71,844 | 1,391,618 | |
CatchMark Timber Trust, Inc. | 36,441 | 361,859 | |
CBL & Associates Properties, Inc. (a)(b) | 119,746 | 22,273 | |
Cedar Realty Trust, Inc. | 76,923 | 64,631 | |
Chatham Lodging Trust | 35,954 | 248,802 | |
CIM Commercial Trust Corp. | 595 | 6,146 | |
City Office REIT, Inc. | 42,540 | 342,022 | |
Clipper Realty, Inc. | 10,967 | 73,150 | |
Colony Capital, Inc. | 377,489 | 1,022,995 | |
Columbia Property Trust, Inc. | 84,843 | 1,001,147 | |
Community Healthcare Trust, Inc. | 16,159 | 754,625 | |
Condor Hospitality Trust, Inc. | 1,704 | 7,838 | |
CoreCivic, Inc. | 88,462 | 823,581 | |
CorEnergy Infrastructure Trust, Inc. | 10,738 | 95,998 | |
CorePoint Lodging, Inc. | 32,920 | 186,986 | |
CoreSite Realty Corp. | 30,538 | 3,739,378 | |
Corporate Office Properties Trust (SBI) | 84,434 | 2,080,454 | |
Cousins Properties, Inc. | 112,626 | 3,361,886 | |
Crown Castle International Corp. | 314,662 | 51,368,572 | |
CubeSmart | 147,176 | 4,653,705 | |
CyrusOne, Inc. | 87,167 | 7,281,060 | |
DiamondRock Hospitality Co. | 151,743 | 804,238 | |
Digital Realty Trust, Inc. (b) | 202,577 | 31,531,110 | |
Diversified Healthcare Trust (SBI) | 191,112 | 726,226 | |
Douglas Emmett, Inc. | 125,735 | 3,510,521 | |
Duke Realty Corp. | 278,218 | 10,725,304 | |
Easterly Government Properties, Inc. | 58,798 | 1,422,324 | |
EastGroup Properties, Inc. | 29,619 | 3,944,066 | |
Empire State Realty Trust, Inc. | 114,831 | 723,435 | |
EPR Properties | 59,171 | 1,911,815 | |
Equinix, Inc. | 66,850 | 52,796,793 | |
Equity Commonwealth | 92,965 | 2,918,171 | |
Equity Lifestyle Properties, Inc. | 138,054 | 9,151,600 | |
Equity Residential (SBI) | 264,031 | 14,904,550 | |
Essential Properties Realty Trust, Inc. | 69,196 | 1,174,256 | |
Essex Property Trust, Inc. | 49,443 | 10,704,904 | |
Extra Space Storage, Inc. | 97,726 | 10,412,705 | |
Farmland Partners, Inc. | 20,151 | 134,810 | |
Federal Realty Investment Trust (SBI) | 53,163 | 4,212,636 | |
First Industrial Realty Trust, Inc. | 96,777 | 4,127,539 | |
Four Corners Property Trust, Inc. | 52,567 | 1,327,317 | |
Franklin Street Properties Corp. | 87,033 | 385,556 | |
Front Yard Residential Corp. Class B | 37,961 | 370,120 | |
Gaming & Leisure Properties | 156,349 | 5,683,286 | |
Getty Realty Corp. | 26,760 | 783,800 | |
Gladstone Commercial Corp. | 27,193 | 533,255 | |
Gladstone Land Corp. | 13,890 | 218,629 | |
Global Medical REIT, Inc. | 31,152 | 398,434 | |
Global Net Lease, Inc. | 68,967 | 1,206,923 | |
Government Properties Income Trust | 37,072 | 883,796 | |
Healthcare Realty Trust, Inc. | 102,724 | 2,963,587 | |
Healthcare Trust of America, Inc. | 166,356 | 4,390,135 | |
Healthpeak Properties, Inc. | 406,122 | 11,225,212 | |
Hersha Hospitality Trust | 26,952 | 173,301 | |
Highwoods Properties, Inc. (SBI) | 78,904 | 2,939,963 | |
Hospitality Properties Trust (SBI) | 124,850 | 1,025,019 | |
Host Hotels & Resorts, Inc. | 531,667 | 5,970,620 | |
Hudson Pacific Properties, Inc. | 116,134 | 2,726,826 | |
Independence Realty Trust, Inc. | 73,660 | 862,559 | |
Industrial Logistics Properties Trust | 50,866 | 1,097,180 | |
Investors Real Estate Trust | 9,062 | 644,308 | |
Invitation Homes, Inc. | 411,573 | 11,783,335 | |
Iron Mountain, Inc. | 217,932 | 6,557,574 | |
iStar Financial, Inc. | 56,580 | 700,460 | |
JBG SMITH Properties | 89,297 | 2,470,848 | |
Jernigan Capital, Inc. | 17,737 | 305,786 | |
Kilroy Realty Corp. | 80,341 | 4,701,555 | |
Kimco Realty Corp. | 326,080 | 3,909,699 | |
Kite Realty Group Trust | 64,976 | 730,330 | |
Lamar Advertising Co. Class A | 65,182 | 4,512,550 | |
Lexington Corporate Properties Trust | 208,030 | 2,365,301 | |
Life Storage, Inc. | 35,754 | 3,769,544 | |
LTC Properties, Inc. | 30,482 | 1,112,288 | |
Mack-Cali Realty Corp. | 68,735 | 868,123 | |
Medical Properties Trust, Inc. | 400,335 | 7,438,224 | |
Mid-America Apartment Communities, Inc. | 86,738 | 10,158,755 | |
Monmouth Real Estate Investment Corp. Class A | 75,059 | 1,089,106 | |
National Health Investors, Inc. | 33,561 | 2,089,172 | |
National Retail Properties, Inc. | 129,968 | 4,606,066 | |
National Storage Affiliates Trust | 46,592 | 1,598,572 | |
New Senior Investment Group, Inc. | 59,322 | 259,830 | |
NexPoint Residential Trust, Inc. | 17,280 | 715,392 | |
Omega Healthcare Investors, Inc. | 171,281 | 5,304,573 | |
One Liberty Properties, Inc. | 12,744 | 244,175 | |
Outfront Media, Inc. | 108,499 | 1,836,888 | |
Paramount Group, Inc. | 138,936 | 1,028,126 | |
Park Hotels & Resorts, Inc. | 180,996 | 1,717,652 | |
Pebblebrook Hotel Trust | 97,156 | 1,226,109 | |
Pennsylvania Real Estate Investment Trust (SBI) (b) | 40,528 | 44,581 | |
Physicians Realty Trust | 154,512 | 2,804,393 | |
Piedmont Office Realty Trust, Inc. Class A | 96,306 | 1,474,445 | |
Plymouth Industrial REIT, Inc. | 10,876 | 145,195 | |
Postal Realty Trust, Inc. | 4,907 | 74,586 | |
Potlatch Corp. | 50,209 | 2,311,622 | |
Power (REIT) (a) | 194 | 3,948 | |
Preferred Apartment Communities, Inc. Class A | 36,682 | 242,101 | |
Prologis (REIT), Inc. | 557,703 | 56,807,628 | |
PS Business Parks, Inc. | 15,213 | 1,919,881 | |
Public Storage | 113,629 | 24,134,800 | |
QTS Realty Trust, Inc. Class A | 46,189 | 3,132,538 | |
Ramco-Gershenson Properties Trust (SBI) | 62,078 | 363,777 | |
Rayonier, Inc. | 104,314 | 3,054,314 | |
Realty Income Corp. | 259,394 | 16,090,210 | |
Regency Centers Corp. | 128,168 | 5,089,551 | |
Retail Opportunity Investments Corp. | 89,851 | 1,000,042 | |
Retail Properties America, Inc. | 163,482 | 1,031,571 | |
Retail Value, Inc. | 10,717 | 136,213 | |
Rexford Industrial Realty, Inc. | 93,447 | 4,483,587 | |
RLJ Lodging Trust | 122,601 | 1,157,353 | |
Ryman Hospitality Properties, Inc. | 41,185 | 1,571,620 | |
Sabra Health Care REIT, Inc. | 154,499 | 2,291,220 | |
Safety Income and Growth, Inc. | 10,176 | 564,463 | |
Saul Centers, Inc. | 9,729 | 272,607 | |
SBA Communications Corp. Class A | 84,283 | 25,796,498 | |
Seritage Growth Properties (a)(b) | 27,967 | 392,377 | |
Simon Property Group, Inc. | 230,657 | 15,650,077 | |
SITE Centers Corp. | 114,745 | 861,735 | |
SL Green Realty Corp. | 57,466 | 2,687,110 | |
Sotherly Hotels, Inc. | 14,233 | 28,751 | |
Spirit Realty Capital, Inc. | 77,380 | 2,747,764 | |
Stag Industrial, Inc. | 113,633 | 3,670,346 | |
Store Capital Corp. | 168,097 | 4,545,343 | |
Summit Hotel Properties, Inc. | 80,387 | 473,479 | |
Sun Communities, Inc. | 74,225 | 11,065,463 | |
Sunstone Hotel Investors, Inc. | 159,328 | 1,327,202 | |
Tanger Factory Outlet Centers, Inc. (b) | 70,286 | 399,927 | |
Taubman Centers, Inc. | 46,475 | 1,779,993 | |
Terreno Realty Corp. | 51,614 | 3,078,259 | |
The GEO Group, Inc. | 90,785 | 1,013,161 | |
The Macerich Co. (b) | 91,577 | 726,206 | |
UDR, Inc. | 223,583 | 7,782,924 | |
UMH Properties, Inc. | 28,696 | 417,240 | |
Uniti Group, Inc. | 145,602 | 1,429,812 | |
Universal Health Realty Income Trust (SBI) | 9,813 | 654,723 | |
Urban Edge Properties | 88,021 | 929,502 | |
Urstadt Biddle Properties, Inc. Class A | 25,491 | 237,066 | |
Ventas, Inc. | 281,412 | 11,596,989 | |
VEREIT, Inc. | 813,430 | 5,466,250 | |
VICI Properties, Inc. | 354,182 | 7,912,426 | |
Vornado Realty Trust | 119,646 | 4,286,916 | |
Washington Prime Group, Inc. (b) | 133,349 | 90,677 | |
Washington REIT (SBI) | 60,616 | 1,329,915 | |
Weingarten Realty Investors (SBI) | 89,366 | 1,561,224 | |
Welltower, Inc. | 314,954 | 18,116,154 | |
Weyerhaeuser Co. | 562,891 | 17,061,226 | |
Wheeler REIT, Inc. (a)(b) | 1,996 | 5,649 | |
Whitestone REIT Class B | 29,169 | 187,557 | |
WP Carey, Inc. | 130,453 | 9,049,525 | |
Xenia Hotels & Resorts, Inc. | 86,393 | 775,809 | |
833,000,170 | |||
Real Estate Management & Development - 0.1% | |||
Altisource Portfolio Solutions SA (a)(b) | 6,401 | 72,139 | |
CBRE Group, Inc. (a) | 252,924 | 11,895,016 | |
CTO Realty Growth, Inc. | 3,747 | 158,011 | |
eXp World Holdings, Inc. (a) | 18,193 | 809,225 | |
Forestar Group, Inc. (a) | 12,907 | 229,357 | |
FRP Holdings, Inc. (a) | 5,399 | 221,791 | |
Griffin Industrial Realty, Inc. | 1,471 | 78,228 | |
Howard Hughes Corp. (a) | 33,763 | 1,995,731 | |
Jones Lang LaSalle, Inc. | 38,942 | 4,012,584 | |
Kennedy-Wilson Holdings, Inc. | 92,412 | 1,320,567 | |
Marcus & Millichap, Inc. (a) | 17,867 | 504,028 | |
Maui Land & Pineapple, Inc. (a) | 5,834 | 68,024 | |
Newmark Group, Inc. | 119,894 | 531,130 | |
RE/MAX Holdings, Inc. | 13,673 | 480,469 | |
Realogy Holdings Corp. | 85,786 | 950,509 | |
Redfin Corp. (a) | 66,731 | 3,174,394 | |
Stratus Properties, Inc. (a) | 5,592 | 109,603 | |
Tejon Ranch Co. (a) | 15,552 | 222,549 | |
The RMR Group, Inc. | 11,882 | 335,310 | |
The St. Joe Co. (a)(b) | 24,119 | 559,802 | |
Transcontinental Realty Investors, Inc. (a) | 4,238 | 97,474 | |
Trinity Place Holdings, Inc. (a) | 22,659 | 32,402 | |
27,858,343 | |||
TOTAL REAL ESTATE | 860,858,513 | ||
UTILITIES - 2.7% | |||
Electric Utilities - 1.6% | |||
Allete, Inc. | 38,251 | 2,064,024 | |
Alliant Energy Corp. | 189,346 | 10,253,086 | |
American Electric Power Co., Inc. | 374,336 | 29,508,907 | |
Avangrid, Inc. (b) | 42,982 | 2,064,855 | |
Duke Energy Corp. | 554,920 | 44,582,273 | |
Edison International | 285,075 | 14,960,736 | |
Entergy Corp. | 151,044 | 14,974,502 | |
Evergy, Inc. | 171,276 | 9,115,309 | |
Eversource Energy | 253,855 | 21,757,912 | |
Exelon Corp. | 735,044 | 27,130,474 | |
FirstEnergy Corp. | 408,544 | 11,680,273 | |
Genie Energy Ltd. Class B (b) | 15,349 | 135,685 | |
Hawaiian Electric Industries, Inc. (b) | 82,437 | 2,853,145 | |
IDACORP, Inc. | 38,219 | 3,435,888 | |
MGE Energy, Inc. | 26,742 | 1,737,963 | |
NextEra Energy, Inc. | 369,467 | 103,144,102 | |
NRG Energy, Inc. | 184,923 | 6,363,200 | |
OGE Energy Corp. | 151,374 | 4,822,776 | |
Otter Tail Corp. | 30,736 | 1,194,094 | |
Pinnacle West Capital Corp. | 85,217 | 6,250,667 | |
PNM Resources, Inc. (b) | 59,916 | 2,617,131 | |
Portland General Electric Co. | 67,409 | 2,571,653 | |
PPL Corp. | 579,922 | 16,023,245 | |
Southern Co. | 797,208 | 41,598,313 | |
Spark Energy, Inc. Class A, (b) | 7,247 | 66,600 | |
Xcel Energy, Inc. | 396,366 | 27,537,528 | |
408,444,341 | |||
Gas Utilities - 0.1% | |||
Atmos Energy Corp. | 92,669 | 9,250,220 | |
Chesapeake Utilities Corp. | 11,663 | 954,033 | |
National Fuel Gas Co. | 68,126 | 3,109,271 | |
New Jersey Resources Corp. | 70,515 | 2,125,322 | |
Northwest Natural Holding Co. (b) | 23,333 | 1,192,550 | |
ONE Gas, Inc. | 39,515 | 2,928,852 | |
RGC Resources, Inc. | 5,280 | 123,130 | |
South Jersey Industries, Inc. | 70,203 | 1,554,996 | |
Southwest Gas Holdings, Inc. | 41,375 | 2,601,246 | |
Spire, Inc. | 38,227 | 2,225,194 | |
UGI Corp. | 156,766 | 5,413,130 | |
31,477,944 | |||
Independent Power and Renewable Electricity Producers - 0.1% | |||
Clearway Energy, Inc.: | |||
Class A | 18,172 | 438,854 | |
Class C (b) | 64,757 | 1,651,951 | |
Ormat Technologies, Inc. (b) | 38,359 | 2,334,912 | |
Sunnova Energy International, Inc. (a) | 18,207 | 431,870 | |
The AES Corp. | 501,496 | 8,901,554 | |
Vistra Corp. | 339,476 | 6,528,123 | |
20,287,264 | |||
Multi-Utilities - 0.8% | |||
Ameren Corp. | 186,101 | 14,722,450 | |
Avista Corp. | 50,176 | 1,849,487 | |
Black Hills Corp. | 47,251 | 2,649,836 | |
CenterPoint Energy, Inc. | 411,418 | 8,257,159 | |
CMS Energy Corp. | 216,145 | 13,074,611 | |
Consolidated Edison, Inc. | 252,139 | 17,987,596 | |
Dominion Energy, Inc. | 633,472 | 49,689,544 | |
DTE Energy Co. | 145,318 | 17,244,887 | |
MDU Resources Group, Inc. | 151,169 | 3,570,612 | |
NiSource, Inc. | 289,801 | 6,421,990 | |
NorthWestern Energy Corp. | 37,190 | 1,920,492 | |
Public Service Enterprise Group, Inc. | 381,499 | 19,929,508 | |
Sempra Energy | 220,795 | 27,301,302 | |
Unitil Corp. | 12,660 | 534,252 | |
WEC Energy Group, Inc. | 238,174 | 22,407,410 | |
207,561,136 | |||
Water Utilities - 0.1% | |||
American States Water Co. | 27,265 | 2,074,321 | |
American Water Works Co., Inc. | 136,524 | 19,296,302 | |
Artesian Resources Corp. Class A | 6,421 | 225,955 | |
Cadiz, Inc. (a)(b) | 25,319 | 264,837 | |
California Water Service Group | 35,945 | 1,629,746 | |
Essential Utilities, Inc. | 168,609 | 7,165,883 | |
Global Water Resources, Inc. | 9,437 | 104,279 | |
Middlesex Water Co. | 13,522 | 867,166 | |
Pure Cycle Corp. (a) | 12,801 | 124,938 | |
SJW Corp. | 19,866 | 1,242,221 | |
York Water Co. | 9,981 | 455,233 | |
33,450,881 | |||
TOTAL UTILITIES | 701,221,566 | ||
TOTAL COMMON STOCKS | |||
(Cost $21,763,063,186) | 25,974,990,509 | ||
Principal Amount | Value | ||
U.S. Treasury Obligations - 0.0% | |||
U.S. Treasury Bills, yield at date of purchase 0.13% 11/5/20 (e) | |||
(Cost $829,798) | 830,000 | 829,861 | |
Shares | Value | ||
Money Market Funds - 2.2% | |||
Fidelity Cash Central Fund 0.12% (f) | 70,091,033 | $70,105,051 | |
Fidelity Securities Lending Cash Central Fund 0.11% (f)(g) | 506,374,297 | 506,424,934 | |
TOTAL MONEY MARKET FUNDS | |||
(Cost $576,529,985) | 576,529,985 | ||
TOTAL INVESTMENT IN SECURITIES - 102.0% | |||
(Cost $22,340,422,969) | 26,552,350,355 | ||
NET OTHER ASSETS (LIABILITIES) - (2.0)% | (508,942,637) | ||
NET ASSETS - 100% | $26,043,407,718 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount | Value | Unrealized Appreciation/(Depreciation) | |
Purchased | |||||
Equity Index Contracts | |||||
CME E-mini Russell 2000 Index Contracts (United States) | 98 | Sept. 2020 | $7,650,370 | $869,254 | $869,254 |
CME E-mini S&P 500 Index Contracts (United States) | 311 | Sept. 2020 | 54,407,895 | 6,920,318 | 6,920,318 |
CME E-mini S&P MidCap 400 Index Contracts (United States) | 21 | Sept. 2020 | 4,044,180 | 355,258 | 355,258 |
TOTAL FUTURES CONTRACTS | $8,144,830 |
The notional amount of futures purchased as a percentage of Net Assets is 0.3%
Legend
(a) Non-income producing
(b) Security or a portion of the security is on loan at period end.
(c) Level 3 security
(d) 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 $1,118,149 or 0.0% of net assets.
(e) 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 $829,861.
(f) 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.
(g) Investment made with cash collateral received from securities on loan.
Affiliated Central Funds
Information regarding fiscal year to date income earned by the Fund from investments in Fidelity Central Funds is as follows:
Fund | Income earned |
Fidelity Cash Central Fund | $195,535 |
Fidelity Securities Lending Cash Central Fund | 2,427,230 |
Total | $2,622,765 |
Amounts in the income column in the above table include any capital gain distributions from underlying funds, which are presented in the corresponding line-item in the Statement of Operations, if applicable. Amount 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 payments received for lending certain types of securities.
Investment Valuation
The following is a summary of the inputs used, as of August 31, 2020, involving the Fund's assets and liabilities carried at fair value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used below, please refer to the Investment Valuation section in the accompanying Notes to Financial Statements.
Valuation Inputs at Reporting Date: | ||||
Description | Total | Level 1 | Level 2 | Level 3 |
Investments in Securities: | ||||
Equities: | ||||
Communication Services | $2,621,851,462 | $2,621,716,275 | $-- | $135,187 |
Consumer Discretionary | 3,213,525,086 | 3,213,525,086 | -- | -- |
Consumer Staples | 1,619,375,133 | 1,619,375,133 | -- | -- |
Energy | 567,358,863 | 567,358,863 | -- | -- |
Financials | 2,639,198,876 | 2,639,198,876 | -- | -- |
Health Care | 3,670,502,630 | 3,670,500,852 | 1,030 | 748 |
Industrials | 2,235,062,690 | 2,235,062,673 | -- | 17 |
Information Technology | 7,156,418,569 | 7,156,418,569 | -- | -- |
Materials | 689,617,121 | 689,616,906 | -- | 215 |
Real Estate | 860,858,513 | 860,858,513 | -- | -- |
Utilities | 701,221,566 | 701,221,566 | -- | -- |
U.S. Government and Government Agency Obligations | 829,861 | -- | 829,861 | -- |
Money Market Funds | 576,529,985 | 576,529,985 | -- | -- |
Total Investments in Securities: | $26,552,350,355 | $26,551,383,297 | $830,891 | $136,167 |
Derivative Instruments: | ||||
Assets | ||||
Futures Contracts | $8,144,830 | $8,144,830 | $-- | $-- |
Total Assets | $8,144,830 | $8,144,830 | $-- | $-- |
Total Derivative Instruments: | $8,144,830 | $8,144,830 | $-- | $-- |
Value of Derivative Instruments
The following table is a summary of the Fund's value of derivative instruments by primary risk exposure as of August 31, 2020. For additional information on derivative instruments, please refer to the Derivative Instruments section in the accompanying Notes to Financial Statements.
Primary Risk Exposure / Derivative Type | Value | |
Asset | Liability | |
Equity Risk | ||
Futures Contracts(a) | $8,144,830 | $0 |
Total Equity Risk | 8,144,830 | 0 |
Total Value of Derivatives | $8,144,830 | $0 |
(a) Reflects gross cumulative appreciation (depreciation) on futures contracts as presented in the Schedule of Investments. In the Statement of Assets and Liabilities, the period end daily variation margin is included in receivable or payable for daily variation margin on futures contracts, and the net cumulative appreciation (depreciation) is included in Total accumulated earnings (loss).
See accompanying notes which are an integral part of the financial statements.
Financial Statements
Statement of Assets and Liabilities
August 31, 2020 (Unaudited) | ||
Assets | ||
Investment in securities, at value (including securities loaned of $488,253,819) See accompanying schedule: Unaffiliated issuers (cost $21,763,892,984) | $25,975,820,370 | |
Fidelity Central Funds (cost $576,529,985) | 576,529,985 | |
Total Investment in Securities (cost $22,340,422,969) | $26,552,350,355 | |
Segregated cash with brokers for derivative instruments | 7,565,145 | |
Receivable for investments sold | 733,791,450 | |
Receivable for fund shares sold | 491,405 | |
Dividends receivable | 37,006,787 | |
Distributions receivable from Fidelity Central Funds | 578,391 | |
Total assets | 27,331,783,533 | |
Liabilities | ||
Payable to custodian bank | $2,790 | |
Payable for fund shares redeemed | 781,567,097 | |
Payable for daily variation margin on futures contracts | 343,804 | |
Other payables and accrued expenses | 49,664 | |
Collateral on securities loaned | 506,412,460 | |
Total liabilities | 1,288,375,815 | |
Net Assets | $26,043,407,718 | |
Net Assets consist of: | ||
Paid in capital | $21,833,197,714 | |
Total accumulated earnings (loss) | 4,210,210,004 | |
Net Assets | $26,043,407,718 | |
Net Asset Value, offering price and redemption price per share ($26,043,407,718 ÷ 2,196,004,228 shares) | $11.86 |
See accompanying notes which are an integral part of the financial statements.
Statement of Operations
Six months ended August 31, 2020 (Unaudited) | ||
Investment Income | ||
Dividends | $201,150,163 | |
Interest | 3,364 | |
Income from Fidelity Central Funds (including $2,427,230 from security lending) | 2,622,765 | |
Total income | 203,776,292 | |
Expenses | ||
Custodian fees and expenses | $76,132 | |
Independent trustees' fees and expenses | 70,407 | |
Interest | 22,747 | |
Miscellaneous | 14,858 | |
Total expenses before reductions | 184,144 | |
Expense reductions | (2,540) | |
Total expenses after reductions | 181,604 | |
Net investment income (loss) | 203,594,688 | |
Realized and Unrealized Gain (Loss) | ||
Net realized gain (loss) on: | ||
Investment securities: | ||
Unaffiliated issuers | (125,578,727) | |
Fidelity Central Funds | 81,196 | |
Foreign currency transactions | 1 | |
Futures contracts | (7,220,053) | |
Total net realized gain (loss) | (132,717,583) | |
Change in net unrealized appreciation (depreciation) on: | ||
Investment securities: | ||
Unaffiliated issuers | 4,312,545,802 | |
Futures contracts | 12,168,808 | |
Total change in net unrealized appreciation (depreciation) | 4,324,714,610 | |
Net gain (loss) | 4,191,997,027 | |
Net increase (decrease) in net assets resulting from operations | $4,395,591,715 |
See accompanying notes which are an integral part of the financial statements.
Statement of Changes in Net Assets
Six months ended August 31, 2020 (Unaudited) | For the period April 26, 2019 (commencement of operations) to February 29, 2020 |
|
Increase (Decrease) in Net Assets | ||
Operations | ||
Net investment income (loss) | $203,594,688 | $319,947,934 |
Net realized gain (loss) | (132,717,583) | (554,544) |
Change in net unrealized appreciation (depreciation) | 4,324,714,610 | (104,642,394) |
Net increase (decrease) in net assets resulting from operations | 4,395,591,715 | 214,750,996 |
Distributions to shareholders | (105,899,721) | (294,232,986) |
Share transactions | ||
Proceeds from sales of shares | 3,004,025,614 | 26,232,927,768 |
Reinvestment of distributions | 105,899,720 | 294,232,985 |
Cost of shares redeemed | (3,322,929,651) | (4,480,958,722) |
Net increase (decrease) in net assets resulting from share transactions | (213,004,317) | 22,046,202,031 |
Total increase (decrease) in net assets | 4,076,687,677 | 21,966,720,041 |
Net Assets | ||
Beginning of period | 21,966,720,041 | |
End of period | $26,043,407,718 | $21,966,720,041 |
Other Information | ||
Shares | ||
Sold | 307,763,556 | 2,601,318,821 |
Issued in reinvestment of distributions | 11,624,558 | 27,524,133 |
Redeemed | (319,650,855) | (432,575,985) |
Net increase (decrease) | (262,741) | 2,196,266,969 |
See accompanying notes which are an integral part of the financial statements.
Financial Highlights
Fidelity Series Total Market Index Fund
Six months ended (Unaudited) August 31, | Years endedFebruary 28, | |
2020 | 2020 A,B | |
Selected PerShare Data | ||
Net asset value, beginning of period | $10.00 | $10.00 |
Income from Investment Operations | ||
Net investment income (loss)C | .09 | .17 |
Net realized and unrealized gain (loss) | 1.82 | (.02) |
Total from investment operations | 1.91 | .15 |
Distributions from net investment income | (.03) | (.12) |
Distributions from net realized gain | (.01) | (.02) |
Total distributions | (.05)D | (.15)E |
Net asset value, end of period | $11.86 | $10.00 |
Total ReturnF,G | 19.20% | 1.38% |
Ratios to Average Net AssetsH,I | ||
Expenses before reductionsJ | - %K | - %K |
Expenses net of fee waivers, if anyJ | - %K | - %K |
Expenses net of all reductionsJ | - %K | - %K |
Net investment income (loss) | 1.79%K | 1.96%K |
Supplemental Data | ||
Net assets, end of period (000 omitted) | $26,043,408 | $21,966,720 |
Portfolio turnover rateL | 23%K | 27%K,M |
A For the period April 26, 2019 (commencement of operations) to February 29, 2020.
B For the year ended February 29.
C Calculated based on average shares outstanding during the period.
D Total distributions of $.05 per share is comprised of distributions from net investment income of $.032 and distributions from net realized gain of $.014 per share.
E Total distributions of $.15 per share is comprised of distributions from net investment income of $.124 and distributions from net realized gain of $.023 per share.
F Total returns for periods of less than one year are not annualized.
G Total returns would have been lower if certain expenses had not been reduced during the applicable periods shown.
H Fees and expenses of any underlying mutual funds or exchange-traded funds (ETFs) are not included in the Fund's expense ratio. The Fund indirectly bears its proportionate share of these expenses. For additional expense information related to investments in Fidelity Central Funds, please refer to the "Investments in Fidelity Central Funds" note found in the Notes to Financial Statements section of the most recent Annual or Semi-Annual report.
I Expense ratios reflect operating expenses of the class. Expenses before reductions do not reflect amounts reimbursed, waived, or reduced through arrangements with the investment advisor, brokerage services, or other offset arrangements, if applicable, and do not represent the amount paid by the class during periods when reimbursements, waivers or reductions occur.
J Amount represents less than .005%.
K Annualized
L Amount does not include the portfolio activity of any underlying Fidelity Central Funds.
M Portfolio turnover rate excludes securities received or delivered in-kind.
See accompanying notes which are an integral part of the financial statements.
Notes to Financial Statements (Unaudited)
For the period ended August 31, 2020
1. Organization.
Fidelity Series Total Market Index Fund (the Fund) is a fund of Fidelity Concord Street Trust (the Trust) and is authorized to issue an unlimited number of shares. Shares are offered only to certain other Fidelity funds and Fidelity managed 529 plans. The Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end management investment company organized as a Massachusetts business trust.
2. Investments in Fidelity Central Funds.
The Fund invests in Fidelity Central Funds, which are open-end investment companies generally available only to other investment companies and accounts managed by the investment adviser and its affiliates. The Fund's Schedule of Investments lists each of the Fidelity Central Funds held as of period end, if any, as an investment of the Fund, but does not include the underlying holdings of each Fidelity Central Fund. As an Investing Fund, the Fund indirectly bears its proportionate share of the expenses of the underlying Fidelity Central Funds.
The Money Market Central Funds seek preservation of capital and current income and are managed by the investment adviser. Annualized expenses of the Money Market Central Funds as of their most recent shareholder report date ranged from less than .005% to .01%.
A complete unaudited list of holdings for each Fidelity Central Fund is available upon request or at the Securities and Exchange Commission (the SEC) website at www.sec.gov. In addition, the financial statements of the Fidelity Central Funds are available on the SEC website or upon request.
3. Significant Accounting Policies.
The Fund is an investment company and applies the accounting and reporting guidance of the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946 Financial Services Investment Companies. The financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (GAAP), which require management to make certain estimates and assumptions at the date of the financial statements. Actual results could differ from those estimates. Subsequent events, if any, through the date that the financial statements were issued have been evaluated in the preparation of the financial statements. The following summarizes the significant accounting policies of the Fund:
Investment Valuation. Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. The Board of Trustees (the Board) has delegated the day to day responsibility for the valuation of the Fund's investments to the Fair Value Committee (the Committee) established by the Fund's investment adviser. In accordance with valuation policies and procedures approved by the Board, the Fund attempts to obtain prices from one or more third party pricing vendors 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 procedures adopted by the Board. Factors used in determining fair value vary by investment type and may include market or investment specific events, changes in interest rates and credit quality. The frequency with which these procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee oversees the Fund's valuation policies and procedures and reports to the Board on the Committee's activities and fair value determinations. The Board monitors the appropriateness of the procedures used in valuing the Fund's investments and ratifies the fair value determinations of the Committee.
The Fund categorizes the inputs to valuation techniques used to value its investments into a disclosure hierarchy consisting of three levels as shown below:
- Level 1 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 the Fund's 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 vendor 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 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 vendors or from brokers who make markets in such securities. U.S. government and government agency obligations are valued by pricing vendors 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 vendors. 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 open-end mutual funds, including the Fidelity Central 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. The aggregate value of investments by input level as of August 31, 2020 is included at the end of the Fund's Schedule of Investments.
Foreign Currency. Certain Funds may use foreign currency contracts to facilitate transactions in foreign-denominated securities. Gains and losses from these transactions may arise from changes in the value of the foreign currency or if the counterparties do not perform under the contracts' terms.
Foreign-denominated assets, including investment securities, and liabilities are translated into U.S. dollars at the exchange rates at period end. Purchases and sales of investment securities, income and dividends received, and expenses denominated in foreign currencies are translated into U.S. dollars at the exchange rate in effect on the transaction date.
The effects of exchange rate fluctuations on investments are included with the net realized and unrealized gain (loss) on investment securities. Other foreign currency transactions resulting in realized and unrealized gain (loss) are disclosed separately.
Investment Transactions and Income. For financial reporting purposes, the Fund's investment holdings and NAV include trades executed through the end of the last business day of the period. The NAV per share for processing shareholder transactions is calculated as of the close of business of the New York Stock Exchange (NYSE), normally 4:00 p.m. Eastern time and includes trades executed through the end of the prior business day. Gains and losses on securities sold are determined on the basis of identified cost. Dividend income is recorded on the ex-dividend date, except for certain dividends from foreign securities where the ex-dividend date may have passed, which are recorded as soon as the Fund is informed of the ex-dividend date. Non-cash dividends included in dividend income, if any, are recorded at the fair market value of the securities received. Income and capital gain distributions from Fidelity Central Funds, if any, are recorded on the ex-dividend date. Certain distributions received by the Fund represent a return of capital or capital gain. The Fund determines the components of these distributions subsequent to the ex-dividend date, based upon receipt of tax filings or other correspondence relating to the underlying investment. These distributions are recorded as a reduction of cost of investments and/or as a realized gain. Interest income is accrued as earned and includes coupon interest and amortization of premium and accretion of discount on debt securities as applicable. Investment income is recorded net of foreign taxes withheld where recovery of such taxes is uncertain.
Expenses. Expenses directly attributable to a fund are charged to that fund. Expenses attributable to more than one fund are allocated among the respective funds on the basis of relative net assets or other appropriate methods. Expense estimates are accrued in the period to which they relate and adjustments are made when actual amounts are known.
Income Tax Information and Distributions to Shareholders. Each year, the Fund intends to qualify as a regulated investment company under Subchapter M of the Internal Revenue Code, including distributing substantially all of its taxable income and realized gains. As a result, no provision for U.S. Federal income taxes is required. The Fund files a U.S. federal tax return, in addition to state and local tax returns as required. The Fund's federal income tax returns are subject to examination by the Internal Revenue Service (IRS) for a period of three fiscal years after they are filed. State and local tax returns may be subject to examination for an additional fiscal year depending on the jurisdiction. Foreign taxes are provided for based on the Fund's understanding of the tax rules and rates that exist in the foreign markets in which it invests.
Distributions are declared and recorded on the ex-dividend date. Income and capital gain distributions are determined in accordance with income tax regulations, which may differ from GAAP.
Capital accounts within the financial statements are adjusted for permanent book-tax differences. These adjustments have no impact on net assets or the results of operations. Capital accounts are not adjusted for temporary book-tax differences which will reverse in a subsequent period.
Book-tax differences are primarily due to futures contracts, passive foreign investment companies (PFIC), market discount, partnerships and losses deferred due to wash sales.
As of period end, the cost and unrealized appreciation (depreciation) in securities, and derivatives if applicable, for federal income tax purposes were as follows:
Gross unrealized appreciation | $5,913,919,054 |
Gross unrealized depreciation | (1,909,344,021) |
Net unrealized appreciation (depreciation) | $4,004,575,033 |
Tax cost | $22,555,920,152 |
Restricted Securities (including Private Placements). The Fund may invest in securities that are subject to legal or contractual restrictions on resale. These securities generally may be resold in transactions exempt from registration or to the public if the securities are registered. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted securities is included at the end of the Fund's Schedule of Investments.
4. Derivative Instruments.
Risk Exposures and the Use of Derivative Instruments. The Fund's investment objective allows the Fund to enter into various types of derivative contracts, including futures 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 and 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:
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. |
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. Counterparty credit risk related to exchange-traded futures contracts may be mitigated by the protection provided by the exchange on which they trade.
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 and amounts recognized in the Statement of Assets and Liabilities. 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 fixed price at a specified future date. The Fund used futures contracts to manage its exposure to the stock market.
Upon entering into a futures contract, a fund is required to deposit either cash or securities (initial margin) with a clearing broker in an amount equal to a certain percentage of the face value of the contract. Futures contracts are marked-to-market daily and subsequent daily payments (variation margin) are made or received by a fund depending on the daily fluctuations in the value of the futures contracts and are recorded as unrealized appreciation or (depreciation). This receivable and/or payable, if any, is included in daily variation margin on futures contracts in the Statement of Assets and Liabilities. Realized gain or (loss) is recorded upon the expiration or closing of a futures contract. The net realized gain (loss) and change in net unrealized appreciation (depreciation) on futures contracts during the period is presented in the Statement of Operations.
Any open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The notional amount at value reflects each contract's exposure to the underlying instrument or index at period end and is representative of volume of activity during the period. Securities deposited to meet initial margin requirements are identified in the Schedule of Investments. Cash deposited to meet initial margin requirements is presented as segregated cash with brokers for derivative instruments in the Statement of Assets and Liabilities.
5. Purchases and Sales of Investments.
Purchases and sales of securities, other than short-term securities and U.S. government securities, are noted in the table below.
Purchases ($) | Sales ($) | |
Fidelity Series Total Market Index Fund | 2,573,677,072 | 2,584,573,309 |
6. Fees and Other Transactions with Affiliates.
Management Fee. Fidelity Management & Research Company LLC (the investment adviser) and its affiliates provide the Fund with investment management related services for which the Fund does not pay a management fee. Under the management contract, the investment adviser or an affiliate pays all ordinary operating expenses of the Fund, except custody fees, fees and expenses of the independent Trustees, and certain miscellaneous expenses such as proxy and shareholder meeting expenses.
Sub-Adviser. Geode Capital Management, LLC (Geode), serves as sub-adviser for the Fund. Geode provides discretionary investment advisory services to the Fund and is paid by the investment adviser for providing these services.
Interfund Lending Program. Pursuant to an Exemptive Order issued by the SEC, the fund, along with other registered investment companies having management contracts with Fidelity Management & Research Company LLC (FMR), or other affiliated entities of FMR, may participate in an interfund lending program. This program provides an alternative credit facility allowing the fund to borrow from, or lend money to, other participating affiliated funds. At period end, there were no interfund loans outstanding. Activity in this program during the period for which loans were outstanding was as follows:
Borrower or Lender | Average Loan Balance | Weighted Average Interest Rate | Interest Expense | |
Fidelity Series Total Market Index Fund | Borrower | $359,618,375 | .28% | $22,747 |
Interfund Trades. Funds may purchase from or sell securities to other Fidelity Funds under procedures adopted by the Board. The procedures have been designed to ensure these interfund trades are executed in accordance with Rule 17a-7 of the 1940 Act. Interfund trades are included within the respective purchases and sales amounts shown in the Purchases and Sales of Investments note.
Prior Fiscal Year Affiliated Exchanges In-Kind. During the prior period, the Fund received investments and cash valued at $18,972,597,830 in exchange for 1,895,078,418 shares of the Fund. The amount of in-kind exchanges is included in share transactions in the accompanying Statement of Changes in Net Assets.
7. Committed Line of Credit.
Certain Funds participate with other funds managed by the investment adviser or an affiliate in a $4.25 billion credit facility (the "line of credit") to be utilized for temporary or emergency purposes to fund shareholder redemptions or for other short-term liquidity purposes. The participating funds have agreed to pay commitment fees on their pro-rata portion of the line of credit, which are reflected in Miscellaneous expenses on the Statement of Operations, and are as follows:
Amount | |
Fidelity Series Total Market Index Fund | $14,834 |
During the period, there were no borrowings on this line of credit.
8. Security Lending.
The Fund lends portfolio securities from time to time in order to earn additional income. Lending agents are used, including National Financial Services (NFS), an affiliate of the Fund. Pursuant to a securities lending agreement, NFS will receive a fee, which is capped at 9.9% of daily lending revenue, for its services as lending agent. The Fund may lend securities to certain qualified borrowers, including NFS. On the settlement date of the loan, the Fund receives collateral (in the form of U.S. Treasury obligations, letters of credit and/or cash) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of the loaned securities during the period of the loan. The market value of the loaned securities is determined at the close of business of the Fund and any additional required collateral is delivered to the Fund on the next business day. The Fund or borrower may terminate the loan at any time, and if the borrower defaults on its obligation to return the securities loaned because of insolvency or other reasons, the Fund may apply collateral received from the borrower against the obligation. The Fund may experience delays and costs in recovering the securities loaned. Any cash collateral received is invested in the Fidelity Securities Lending Cash Central Fund. The value of loaned securities and cash collateral at period end are disclosed on the Fund's Statement of Assets and Liabilities. The value of securities loaned to NFS, as affiliated borrower, at period end was $3,325,750. Total fees paid by the Fund to NFS, as lending agent, amounted to $209,447. Security lending income 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 payments received for lending certain types of securities. Net income from the Fidelity Securities Lending Cash Central Fund during the period is presented in the Statement of Operations as a component of income from Fidelity Central Funds (and includes $70,952 from securities loaned to NFS, as affiliated borrower).
9. Expense Reductions.
Through arrangements with the Fund's custodian, credits realized as a result of certain uninvested cash balances were used to reduce the Fund's expenses by $2,540.
10. Other.
The Fund's organizational documents provide former and current trustees and officers with a limited indemnification against liabilities arising in connection with the performance of their duties to the Fund. In the normal course of business, the Fund may also enter into contracts that provide general indemnifications. The Fund's maximum exposure under these arrangements is unknown as this would be dependent on future claims that may be made against the Fund. The risk of material loss from such claims is considered remote.
At the end of the period, mutual funds managed by the investment adviser or its affiliates were the owners of record of all of the outstanding shares of the Fund.
11. Coronavirus (COVID-19) Pandemic.
An outbreak of COVID-19 first detected in China during December 2019 has since spread globally and was declared a pandemic by the World Health Organization during March 2020. Developments that disrupt global economies and financial markets, such as the COVID-19 pandemic, may magnify factors that affect the Fund's performance.
Shareholder Expense Example
As a shareholder, you incur two types of costs: (1) transaction costs, which may include sales charges (loads) on purchase payments or redemption proceeds, as applicable and (2) ongoing costs, which generally include management fees, distribution and/or service (12b-1) fees and other Fund expenses. This Example is intended to help you understand your ongoing costs (in dollars) of investing in a fund and to compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at the beginning of the period and held for the entire period (March 1, 2020 to August 31, 2020).
Actual Expenses
The first line of the accompanying table provides information about actual account values and actual expenses. You may use the information in this line, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000.00 (for example, an $8,600 account value divided by $1,000.00 = 8.6), then multiply the result by the number in the first line for a class/Fund under the heading entitled "Expenses Paid During Period" to estimate the expenses you paid on your account during this period. If any fund is a shareholder of any underlying mutual funds or exchange-traded funds (ETFs) (the Underlying Funds), such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses incurred presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Hypothetical Example for Comparison Purposes
The second line of the accompanying table provides information about hypothetical account values and hypothetical expenses based on the actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare the ongoing costs of investing in the Fund and other funds. To do so, compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of the other funds. If any fund is a shareholder of any Underlying Funds, such fund indirectly bears its proportional share of the expenses of the Underlying Funds in addition to the direct expenses as presented in the table. These fees and expenses are not included in the annualized expense ratio used to calculate the expense estimate in the table below.
Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transaction costs. Therefore, the second line of the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds.
Annualized Expense Ratio-A | Beginning Account Value March 1, 2020 | Ending Account Value August 31, 2020 | Expenses Paid During Period-B March 1, 2020 to August 31, 2020 |
|
Fidelity Series Total Market Index Fund | - %-C | |||
Actual | $1,000.00 | $1,192.00 | $--D | |
Hypothetical-E | $1,000.00 | $1,025.21 | $--D |
A Annualized expense ratio reflects expenses net of applicable fee waivers.
B Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/ 365 (to reflect the one-half year period). The fees and expenses of any Underlying Funds are not included in each annualized expense ratio.
C Amount represents less than .005%.
D Amount represents less than $.005.
E 5% return per year before expenses
STX-SANN-1020
1.9892982.101
Item 2.
Code of Ethics
Not applicable.
Item 3.
Audit Committee Financial Expert
Not applicable.
Item 4.
Principal Accountant Fees and Services
Not applicable.
Item 5.
Audit Committee of Listed Registrants
Not applicable.
Item 6.
Investments
(a)
Not applicable.
(b)
Not applicable
Item 7.
Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8.
Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9.
Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10.
Submission of Matters to a Vote of Security Holders
There were no material changes to the procedures by which shareholders may recommend nominees to the Fidelity Concord Street Trusts Board of Trustees.
Item 11.
Controls and Procedures
(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Concord Street Trusts (the Trust) disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable
assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.
(a)(ii) There was no change in the Trusts internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the Trusts internal control over financial reporting.
Item 12.
Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies
Not applicable.
Item 13.
Exhibits
(a) | (1) | Not applicable. |
(a) | (2) | |
(a) | (3) | Not applicable. |
(b) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Fidelity Concord Street Trust
By: | /s/Stacie M. Smith |
| Stacie M. Smith |
| President and Treasurer |
| |
Date: | October 19, 2020 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/Stacie M. Smith |
| Stacie M. Smith |
| President and Treasurer |
| |
Date: | October 19, 2020 |
By: | /s/John J. Burke III |
| John J. Burke III |
| Chief Financial Officer |
| |
Date: | October 19, 2020 |
Exhibit EX-99.CERT
I, Stacie M. Smith, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Concord Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
October 19, 2020
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer |
I, John J. Burke III, certify that:
1.
I have reviewed this report on Form N-CSR of Fidelity Concord Street Trust;
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
a.
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b.
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c.
Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and
d.
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):
a.
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and
b.
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
Date:
October 19, 2020
/s/John J. Burke III |
John J. Burke III |
Chief Financial Officer |
Exhibit EX-99.906CERT
Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of section 1350, chapter 63 of title 18, United States Code)
In connection with the attached Report of Fidelity Concord Street Trust (the “Trust”) on Form N-CSR to be filed with the Securities and Exchange Commission (the “Report”), each of the undersigned officers of the Trust does hereby certify that, to the best of such officer’s knowledge:
1.
The Report fully complies with the requirements of 13(a) or 15(d) of the Securities Exchange Act of 1934; and
2.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Trust as of, and for, the periods presented in the Report.
Dated: October 19, 2020
/s/Stacie M. Smith |
Stacie M. Smith |
President and Treasurer |
Dated: October 19, 2020
/s/John J. Burke III |
John J. Burke III |
Chief Financial Officer |
A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Trust and will be retained by the Trust and furnished to the Securities and Exchange Commission or its staff upon request.
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