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: 03-31-2025
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: Russell Investments Group, Ltd.
Address: 1301 Second Avenue
18th Floor
Seattle, WA  98101
Form 13F File Number: 028-17598
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: Michael Raczynski
Title: Global Chief Compliance Officer
Phone: 206-505-4860
Signature, Place, and Date of Signing:
/s/ Michael Raczynski New York,  NY 05-13-2025
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 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).)
   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).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 55
Form 13F Information Table Entry Total: 22,836
Form 13F Information Table Value Total: 72,773,888,033
(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
1 Acadian Asset Management LLC 028-05990 000106609 801-28078  
2 Advent Capital Management, LLC 028-05049 000113013 801-60263  
3 AEW Capital Management, L.P. 028-06538 000108633 801-53421  
4 Algert Global LLC 028-10860 000125523 801-61878  
5 Alken Asset Management Ltd 028-16348 000329119 801-129474  
6 Arrowstreet Capital, Limited Partnership 028-10005 000111298 801-56633  
7 Axiom Investors LLC 028-05615 000109605 801-56651  
8 Baillie Gifford & Co 028-04825 000304197 802-116796  
9 Baring Asset Management Limited 028-16289      
10 Barings LLC 028-00060 000106006 801-241  
11 Barrow, Hanley, Mewhinney & Strauss, LLC 028-01006 000105519 801-31237  
12 Boston Partners Global Investors, Inc. 028-12484 000124982 801-61786  
13 Brandywine Global Investment Management, LLC 028-02204 000110783 801-27797  
14 Calamos Advisors LLC 028-11166 000105758 801-29688  
15 Cohen & Steers Capital Management, Inc. 028-02405 000106266 801-27721  
16 Copeland Capital Management, LLC 028-14668 000135822 801-68586  
17 DePrince, Race & Zollo, Inc. 028-05268 000112099 801-48779  
18 DUFF & PHELPS INVESTMENT MANAGEMENT CO. 028-01420 000107296 801-14813  
19 Easterly Investment Partners LLC 028-19504 000299607 801-114563  
20 Fiera Capital Corporation 028-14036 000154966 801-71885  
21 GQG Partners LLC 028-17876 000283720 801-107734  
22 Hosking Partners LLP 028-17007 000173527 801-80523  
23 IMPAX ASSET MANAGEMENT LIMITED 028-13410 000143247 801-67631  
24 Intermede Investment Partners Limited 028-17109 000175312 801-110745  
25 Jacobs Levy Equity Management, Inc. 028-03059 000107022 801-28257  
26 Jupiter Investment Management Limited 028-04383 000155958 802-80483  
27 Keywise Capital Management (HK) Limited 028-14858 000160593 801-76775  
28 Kopernik Global Investors LLC 028-15794 000168625 801-78514  
29 Lazard Asset Management LLC 028-06588 000122836 801-61701  
30 Mar Vista Investment Partners, LLC 028-13243 000144906 801-68369  
31 Mirova US LLC 028-20101 000300152 801-114631  
32 Morgan Stanley Investment Management Inc. 028-11866 000110353 801-15757  
33 Numeric Investors LLC 028-11946 000131684 801-63276  
34 Oaktree Capital Management, L.P. 028-05050 000106793 801-48923  
35 Oaktree Fund Advisors, LLC 028-21340 000290193 801-112570  
36 PineStone Asset Management Inc. 028-23078 000317431 801-122764  
37 Polaris Capital Management, LLC 028-11073 000106278 801-43216  
38 Pzena Investment Management, LLC 028-03791 000106847 801-50838  
39 RBC Global Asset Management (UK) Limited 028-16409 000168551 801-78436  
40 Resolution Capital Limited 028-16205 000142409 801-67600  
41 RREEF America L.L.C. 028-04760 000109596 801-55209  
42 Russell Investment Group Limited 028-17598      
43 Russell Investment Management Limited 028-05701      
44 Russell Investment Management, LLC 028-25011 000105734 801-17141  
45 Russell Investments Canada Limited 028-25008      
46 Russell Investments Capital, LLC 028-25009 000037550 801-56576  
47 Russell Investments Implementation Services, LLC 028-25010 000000329 801-60335  
48 Russell Investments Ireland Limited 028-05105      
49 Russell Investments Japan Co., LTD. 028-05099      
50 Russell Investments Limited 028-25012      
51 Russell Investments Trust Company 028-01096      
52 Sanders Capital, LLC 028-14100 000151480 801-70661  
53 T. Rowe Price Associates, Inc. 028-00115 000105496 801-856  
54 Wellington Management Company LLP 028-04557 000106595 801-15908  
55 William Blair Investment Management, LLC 028-17022