The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
Report for the Calendar Year or Quarter Ended: 03-31-2023
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Nationwide Fund Advisors
Address: ONE NATIONWIDE PLAZA
5-02-210V
COLUMBUS, OH  43215
Form 13F File Number: 028-05161
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Lee T. Cummings
Title: Senior Vice President
Phone: 614-435-1792
Signature, Place, and Date of Signing:
/s/ Lee T. Cummings COLUMBUS,  OH 04-25-2023
[Signature] [City, State] [Date]
Report Type (Check only one.):
   13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
X 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
NONE        
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 33
Form 13F Information Table Entry Total: 5
Form 13F Information Table Value Total: 993,441,567
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
8 J.P. Morgan Investment Management, Inc. 028-11937 000107038 801-21011  
23 American Century Investment Management, Inc. 028-01091 000105778 801-8174  
28 Blackrock Investment Management, LLC 028-12016 000108928 801-56972  
34 Goldman Sachs Asset Management, L.P. 028-10981 000107738 801-37591  
35 Thompson, Siegel & Walmsley LLC 028-04041 000105726 801-6273  
37 Wellington Management Co. LLP 028-04557 000106595 801-15908  
41 Invesco Advisers, Inc. 028-00165 000105360 801-33949  
45 Federated Investment Management Company 028-04375 000105138 801-34612  
51 Mellon Investments Corporation 028-02900 000105764 801-19785  
54 UBS Global Asset Management, Inc. 028-02682 000000583 8-21901  
56 Brown Capital Management LLC 028-03139 000105633 801-19287  
64 Bailard, Inc. 028-01707 000110550 801-8562  
65 Geneva Capital Management, LLC 028-03935 000105432 801-28444  
72 Amundi Smith Breeden, LLC 028-11419 000169589 801-78776  
74 Jacobs Levy Equity Management, Inc. 028-03059 000107022 801-28257  
76 WCM Investment Management 028-07104 000104702 801-11916  
76 Loomis, Sayles & Company, L.P. 028-00398 000105377 801-170  
80 Doubleline Capital LP   000152606 801-70942  
81 AQR Capital Management LLC 028-10120 000111883 801-55543  
83 Nationwide Asset Management, LLC 028-19792 000143668 801-67833  
85 Western Asset Management Co. 028-10245 000110441 801-8162  
86 Harvest Volatility Management (ETF) 028-21093 000146869 801-69037  
88 Columbia Management Investment Advisers, LLC 028-00139 000108257 801-25943  
89 GQG Partners LLC 028-17876 000283720 801-107734  
90 Janus Capital Management LLC 028-01343 000104652 801-13991  
91 Newton Investment Management North America Ltd 028-17543 000312937 801-120501  
92 Insight North America LLC 028-21789 000145995 801-69964  
94 NS Partners LTD 028-17035 000110625 801-26315  
95 Lazard Asset Management, LLC 028-1046 000122836 801-61701  
96 Allspring Global Investment LLC 028-04413 000104973 801-21122  
97 Victory Capital Management Inc 028-06354 000106189 801-46878  
98 BNY Mellon Investment Adviser, Inc 028-00127 000105642 801-8147  
101 Atlanta Capital Management Company, LLC 028-05936 000116719 801-60673