NPORT-P false 0000076721 XXXXXXXX S000015763 C000043241 C000043242 C000128848 PAX WORLD FUNDS SERIES TRUST I 811-02064 0000076721 549300TD5R23SWU72456 30 Penhallow St. Suite 400 Portsmouth 03801 800-767-1729 PAX ESG Beta Quality Fund S000015763 549300OG70XTQGMGQU46 2019-12-31 2019-09-30 N 227121392.15 152474.66 226968917.49 0 0 0 0 0 0 0 0 0 0 0 0 0 5.45 UST 3M CO N/A 88579Y101 15710 NS USD 2582724 1.137919689 Long EC CORP US N 1 N N ABBVIE INC N/A 00287Y109 10191 NS USD 771662.52 0.3399859895 Long EC CORP US N 1 N N N ACCENTURE PLC CL A N/A G1151C101 9603 NS USD 1847137.05 0.8138281975 Long EC CORP IE N 1 N N N ACUITY BRANDS INC N/A 00508Y102 1768 NS USD 238308.72 0.1049961918 Long EC CORP US N 1 N N N AFLAC INC N/A 001055102 72634 NS USD 3800210.88 1.674330971 Long EC CORP US N 1 N N N AGILENT TECHNOLOGIES INC N/A 00846U101 17334 NS USD 1328304.42 0.585236267 Long EC CORP US N 1 N N N AIR PRODUCTS + CHEMICALS INC N/A 009158106 347 NS USD 76985.42 0.0339189264 Long EC CORP US N 1 N N N AKAMAI TECHNOLOGIES INC N/A 00971T101 2319 NS USD 211910.22 0.0933653041 Long EC CORP US N 1 N N N ALLSTATE CORP N/A 020002101 12331 NS USD 1340133.08 0.5904478441 Long EC CORP US N 1 N N N ALLY FINANCIAL INC N/A 02005N100 26928 NS USD 892932.48 0.3934161954 Long EC CORP US N 1 N N N ALPHABET INC CL A N/A 02079K305 4465 NS USD 5452390.1 2.4022629003 Long EC CORP US N 1 N N N ALPHABET INC CL C N/A 02079K107 1456 NS USD 1774864 0.7819854893 Long EC CORP US N 1 N N N AMAZON.COM INC N/A 023135106 3583 NS USD 6219765.53 2.7403600452 Long EC CORP US N 1 N N N AMERICAN EXPRESS CO N/A 025816109 6578 NS USD 778045.84 0.3427984098 Long EC CORP US N 1 N N N AMERICAN WATER WORKS CO INC N/A 030420103 36715 NS USD 4561104.45 2.00957228 Long EC CORP US N 1 N N N AMGEN INC N/A 031162100 8492 NS USD 1643286.92 0.7240140801 Long EC CORP US N 1 N N N ANTHEM INC N/A 036752103 2937 NS USD 705173.7 0.3106917492 Long EC CORP US N 1 N N N APARTMENT INVT + MGMT CO A N/A 03748R754 46532 NS USD 2426178.48 1.0689474607 Long RE RF US N 1 N N N APPLE INC N/A 037833100 32725 NS USD 7329418.25 3.2292607865 Long EC CORP US N 1 N N N AT+T INC N/A 00206R102 84374 NS USD 3192712.16 1.4066737399 Long EC CORP US N 1 N N N BEST BUY CO INC N/A 086516101 3094 NS USD 213455.06 0.0940459435 Long EC CORP US N 1 N N N BIOGEN INC N/A 09062X103 9935 NS USD 2313066.7 1.0191116588 Long EC CORP US N 1 N N N BOOZ ALLEN HAMILTON HOLDINGS N/A 099502106 2506 NS USD 177976.12 0.0784143142 Long EC CORP US N 1 N N N BORGWARNER INC N/A 099724106 8566 NS USD 314200.88 0.1384334399 Long EC CORP US N 1 N N N BRISTOL MYERS SQUIBB CO N/A 110122108 3611 NS USD 183113.81 0.0806779237 Long EC CORP US N 1 N N N CAPITAL ONE FINANCIAL CORP N/A 14040H105 699 NS USD 63595.02 0.0280192639 Long EC CORP US N 1 N N N CARDINAL HEALTH INC N/A 14149Y108 25679 NS USD 1211792.01 0.5339021851 Long EC CORP US N 1 N N N CASEY S GENERAL STORES INC N/A 147528103 148 NS USD 23851.68 0.010508787 Long EC CORP US N 1 N N CBRE GROUP INC A N/A 12504L109 45500 NS USD 2411955 1.0626807524 Long EC CORP US N 1 N N N CBS CORP CLASS B NON VOTING N/A 124857202 3721 NS USD 150216.77 0.0661838509 Long EC CORP US N 1 N N N CDW CORP/DE N/A 12514G108 1459 NS USD 179807.16 0.0792210502 Long EC CORP US N 1 N N N CELANESE CORP N/A 150870103 3032 NS USD 370783.28 0.1633630208 Long EC CORP US N 1 N N N CELGENE CORP N/A 151020104 17207 NS USD 1708655.1 0.7528145787 Long EC CORP US N 1 N N N CENTENE CORP N/A 15135B101 1692 NS USD 73195.92 0.0322493145 Long EC CORP US N 1 N N N CHIPOTLE MEXICAN GRILL INC N/A 169656105 336 NS USD 282397.92 0.1244214067 Long EC CORP US N 1 N N N CISCO SYSTEMS INC N/A 17275R102 33712 NS USD 1665709.92 0.7338934064 Long EC CORP US N 1 N N N CITIZENS FINANCIAL GROUP N/A 174610105 23648 NS USD 836429.76 0.3685217206 Long EC CORP US N 1 N N N CITRIX SYSTEMS INC N/A 177376100 19940 NS USD 1924608.8 0.8479613955 Long EC CORP US N 1 N N N CLOROX COMPANY N/A 189054109 1978 NS USD 300398.86 0.1323524222 Long EC CORP US N 1 N N N COGNIZANT TECH SOLUTIONS A N/A 192446102 24303 NS USD 1464620.3 0.6452955392 Long EC CORP US N 1 N N N COLGATE PALMOLIVE CO N/A 194162103 10980 NS USD 807139.8 0.3556168875 Long EC CORP US N 1 N N N CVS HEALTH CORP N/A 126650100 10583 NS USD 667469.81 0.2940798315 Long EC CORP US N 1 N N N DARDEN RESTAURANTS INC N/A 237194105 8884 NS USD 1050266.48 0.4627358193 Long EC CORP US N 1 N N N DAVITA INC N/A 23918K108 1937 NS USD 110544.59 0.0487047263 Long EC CORP US N 1 N N N DELTA AIR LINES INC N/A 247361702 1471 NS USD 84729.6 0.0373309266 Long EC CORP US N 1 N N N DISCOVER FINANCIAL SERVICES N/A 254709108 16188 NS USD 1312684.92 0.5783544877 Long EC CORP US N 1 N N N DUPONT DE NEMOURS INC N/A 26614N102 1954 NS USD 139339.74 0.0613915516 Long EC CORP US N 1 N N N EAST WEST BANCORP INC N/A 27579R104 22447 NS USD 994177.63 0.4380236911 Long EC CORP US N 1 N N N EASTMAN CHEMICAL CO N/A 277432100 5014 NS USD 370183.62 0.1630988173 Long EC CORP US N 1 N N N EATON CORP PLC N/A G29183103 4430 NS USD 368354.5 0.1622929272 Long EC CORP US N 1 N N N ECOLAB INC N/A 278865100 602 NS USD 119220.08 0.0525270514 Long EC CORP US N 1 N N N ELI LILLY + CO N/A 532457108 13746 NS USD 1537215.18 0.6772800421 Long EC CORP US N 1 N N N ESTEE LAUDER COMPANIES CL A N/A 518439104 8219 NS USD 1635170.05 0.7204378767 Long EC CORP US N 1 N N N EVERSOURCE ENERGY N/A 30040W108 7138 NS USD 610084.86 0.2687966558 Long EC CORP US N 1 N N N EXELON CORP N/A 30161N101 17922 NS USD 865811.82 0.381467132 Long EC CORP US N 1 N N N EXPEDITORS INTL WASH INC N/A 302130109 1330 NS USD 98805.7 0.0435327009 Long EC CORP US N 1 N N N F5 NETWORKS INC N/A 315616102 867 NS USD 121744.14 0.0536391244 Long EC CORP US N 1 N N N FACTSET RESEARCH SYSTEMS INC N/A 303075105 379 NS USD 92085.63 0.0405719122 Long EC CORP US N 1 N FIFTH THIRD BANCORP N/A 316773100 10128 NS USD 277304.64 0.1221773638 Long EC CORP US N 1 N N N FLOWERS FOODS INC N/A 343498101 3634 NS USD 84054.42 0.0370334497 Long EC CORP US N 1 N N N GENERAL MILLS INC N/A 370334104 29116 NS USD 1604873.92 0.7070897362 Long EC CORP US N 1 N N GENTEX CORP N/A 371901109 9070 NS USD 249742.45 0.1100337671 Long EC CORP US N 1 N N N GILEAD SCIENCES INC N/A 375558103 3071 NS USD 194639.98 0.085756227 Long EC CORP US N 1 N N N GRAND CANYON EDUCATION INC N/A 38526M106 3494 NS USD 343110.8 0.1511708316 Long EC CORP US N 1 N N N HCA HEALTHCARE INC N/A 40412C101 9802 NS USD 1180356.84 0.5200521962 Long EC CORP US N 1 N N N HENRY SCHEIN INC N/A 806407102 9420 NS USD 598170 0.2635471 Long EC CORP US N 1 N N N HERSHEY CO/THE N/A 427866108 14882 NS USD 2306561.18 1.0162453985 Long EC CORP US N 1 N N N HEXCEL CORP N/A 428291108 3164 NS USD 259859.32 0.1144911483 Long EC CORP US N 1 N N N HOME DEPOT INC N/A 437076102 15500 NS USD 3596310 1.5844944937 Long EC CORP US N 1 N N N HOST HOTELS + RESORTS INC N/A 44107P104 18641 NS USD 322302.89 0.1420030961 Long RE RF US N 1 N N N HP INC N/A 40434L105 106836 NS USD 2021337.12 0.8905788257 Long EC CORP US N 1 N N N HUNTSMAN CORP N/A 447011107 4651 NS USD 108182.26 0.0476639098 Long EC CORP US N 1 N N N INTEL CORP N/A 458140100 60776 NS USD 3131787.28 1.3798309102 Long EC CORP US N 1 N N N INTL BUSINESS MACHINES CORP N/A 459200101 10233 NS USD 1488082.86 0.6556328842 Long EC CORP US N 1 N N N INTUIT INC N/A 461202103 2033 NS USD 540656.02 0.2382070752 Long EC CORP US N 1 N N N JAZZ PHARMACEUTICALS PLC N/A G50871105 9546 NS USD 1223224.44 0.5389391876 Long EC CORP IE N 1 N N N JM SMUCKER CO/THE N/A 832696405 3387 NS USD 372637.74 0.1641800755 Long EC CORP US N 1 N N N JOHNSON + JOHNSON N/A 478160104 41747 NS USD 5401226.86 2.3797209414 Long EC CORP US N 1 N N KIMBERLY CLARK CORP N/A 494368103 17588 NS USD 2498375.4 1.1007566268 Long EC CORP US N 1 N N N KROGER CO N/A 501044101 53205 NS USD 1371624.9 0.6043227924 Long EC CORP US N 1 N N N LABORATORY CRP OF AMER HLDGS N/A 50540R409 1973 NS USD 331464 0.14603938 Long EC CORP US N 1 N N N LAMAR ADVERTISING CO A N/A 512816109 794 NS USD 65052.42 0.0286613783 Long RE RF US N 1 N N N LANDSTAR SYSTEM INC N/A 515098101 15792 NS USD 1777863.36 0.7833069742 Long EC CORP US N 1 N N N LEAR CORP N/A 521865204 5544 NS USD 653637.6 0.2879855124 Long EC CORP US N 1 N N N LINCOLN NATIONAL CORP N/A 534187109 13962 NS USD 842187.84 0.3710586671 Long EC CORP US N 1 N N N LINDE PLC N/A G5494J103 7594 NS USD 1471109.68 0.6481546884 Long EC CORP GB N 1 N N N LOWE S COS INC N/A 548661107 1747 NS USD 192100.12 0.0846371927 Long EC CORP US N 1 N N N LYONDELLBASELL INDU CL A N/A N53745100 21268 NS USD 1902847.96 0.8383738095 Long EC CORP US N 1 N N N MANHATTAN ASSOCIATES INC N/A 562750109 4771 NS USD 384876.57 0.1695723689 Long EC CORP US N 1 N N N MANPOWERGROUP INC N/A 56418H100 12670 NS USD 1067320.8 0.4702497645 Long EC CORP US N 1 N N N MARKETAXESS HOLDINGS INC N/A 57060D108 1383 NS USD 452932.5 0.1995570605 Long EC CORP US N 1 N N N MARRIOTT INTERNATIONAL CL A N/A 571903202 5093 NS USD 633416.41 0.2790762793 Long EC CORP US N 1 N N N MASTERCARD INC A N/A 57636Q104 22599 NS USD 6137210.43 2.7039871793 Long EC CORP US N 1 N N N MCDONALD S CORP N/A 580135101 8195 NS USD 1759548.45 0.775237627 Long EC CORP US N 1 N N N MERCK + CO. INC. N/A 58933Y105 37405 NS USD 3148752.9 1.3873057751 Long EC CORP US N 1 N N N METLIFE INC N/A 59156R108 24711 NS USD 1165370.76 0.5134494947 Long EC CORP US N 1 N N N MICROSOFT CORP N/A 594918104 52646 NS USD 7319373.38 3.2248351276 Long EC CORP US N 1 N N N MORNINGSTAR INC N/A 617700109 5153 NS USD 753059.42 0.331789669 Long EC CORP US N 1 N N N NAVIENT CORP N/A 63938C108 55681 NS USD 712716.8 0.3140151559 Long EC CORP US N 1 N N N NEXTERA ENERGY INC N/A 65339F101 11528 NS USD 2685908.72 1.1833817378 Long EC CORP US N 1 N N N NIKE INC CL B N/A 654106103 26027 NS USD 2444455.84 1.0770002638 Long EC CORP US N 1 N N N NORDSTROM INC N/A 655664100 2179 NS USD 73366.93 0.0323246596 Long EC CORP US N 1 N N N NORWEGIAN CRUISE LINE HOLDIN N/A G66721104 2680 NS USD 138743.6 0.0611288989 Long EC CORP US N 1 N N N NVR INC N/A 62944T105 324 NS USD 1204421.4 0.5306547757 Long EC CORP US N 1 N N N OLD REPUBLIC INTL CORP N/A 680223104 9579 NS USD 225777.03 0.0994748675 Long EC CORP US N 1 N N N ONEMAIN HOLDINGS INC N/A 68268W103 10511 NS USD 385543.48 0.1698662021 Long EC CORP US N 1 N N N ORACLE CORP N/A 68389X105 26256 NS USD 1444867.68 0.6365927529 Long EC CORP US N 1 N N N PACCAR INC N/A 693718108 6863 NS USD 480478.63 0.2116935814 Long EC CORP US N 1 N N N PEPSICO INC N/A 713448108 45180 NS USD 6194178 2.7290864619 Long EC CORP US N 1 N N N PNC FINANCIAL SERVICES GROUP N/A 693475105 27456 NS USD 3848232.96 1.6954889694 Long EC CORP US N 1 N N N PROCTER + GAMBLE CO/THE N/A 742718109 22100 NS USD 2748798 1.2110900604 Long EC CORP US N 1 N N N PRUDENTIAL FINANCIAL INC N/A 744320102 9468 NS USD 851646.6 0.3752260924 Long EC CORP US N 1 N N N PUBLIC STORAGE N/A 74460D109 2871 NS USD 704170.17 0.310249605 Long RE RF US N 1 N N N PULTEGROUP INC N/A 745867101 15163 NS USD 554207.65 0.2441777738 Long EC CORP US N 1 N N N QUALCOMM INC N/A 747525103 1593 NS USD 121514.04 0.0535377449 Long EC CORP US N 1 N N N REGAL BELOIT CORP N/A 758750103 15240 NS USD 1110234 0.4891568468 Long EC CORP US N 1 N N N REINSURANCE GROUP OF AMERICA N/A 759351604 6161 NS USD 985020.68 0.43398924 Long EC CORP US N 1 N N N RELIANCE STEEL + ALUMINUM N/A 759509102 5655 NS USD 563577.3 0.2483059382 Long EC CORP US N 1 N N N ROBERT HALF INTL INC N/A 770323103 3188 NS USD 177444.08 0.0781799032 Long EC CORP US N 1 N N N ROPER TECHNOLOGIES INC N/A 776696106 7540 NS USD 2688764 1.1846397426 Long EC CORP US N 1 N N N ROYAL CARIBBEAN CRUISES LTD N/A V7780T103 2155 NS USD 233451.15 0.1028560001 Long EC CORP US N 1 N N N RYDER SYSTEM INC N/A 783549108 7334 NS USD 379681.18 0.1672833374 Long EC CORP US N 1 N N N SEAGATE TECHNOLOGY N/A G7945M107 1486 NS USD 79931.94 0.0352171306 Long EC CORP US N 1 N N N SENSATA TECHNOLOGIES HOLDING N/A G8060N102 12260 NS USD 613735.6 0.2704051316 Long EC CORP US N 1 N N N SERVICE PROPERTIES TRUST N/A 81761L102 254149 NS USD 6554502.71 2.8878415523 Long RE RF US N 1 N N N SIMON PROPERTY GROUP INC N/A 828806109 29314 NS USD 4562724.1 2.0102858799 Long RE RF US N 1 N N N SPROUTS FARMERS MARKET INC N/A 85208M102 9829 NS USD 190092.86 0.0837528161 Long EC CORP US N 1 N N N SSC GOVERNMENT MM GVMXX N/A 7839989D1 1848906.16 NS USD 1848906.16 0.8146076478 Long STIV CORP US N 1 N N N STARBUCKS CORP N/A 855244109 45300 NS USD 4005426 1.7647464879 Long EC CORP US N 1 N N SYNCHRONY FINANCIAL N/A 87165B103 289 NS USD 9852.01 0.0043406869 Long EC CORP US N 1 N N N SYNOPSYS INC N/A 871607107 7939 NS USD 1089627.75 0.4800779605 Long EC CORP US N 1 N N N SYSCO CORP N/A 871829107 17693 NS USD 1404824.2 0.6189500375 Long EC CORP US N 1 N N N TARGET CORP N/A 87612E106 20697 NS USD 2212716.27 0.9748983669 Long EC CORP US N 1 N N N TE CONNECTIVITY LTD N/A H84989104 20498 NS USD 1910003.64 0.8415265232 Long EC CORP CH N 1 N N N TEXAS INSTRUMENTS INC N/A 882508104 45595 NS USD 5892697.8 2.5962576132 Long EC CORP US N 1 N N N THERMO FISHER SCIENTIFIC INC N/A 883556102 14287 NS USD 4161374.49 1.8334556714 Long EC CORP US N 1 N N N TJX COMPANIES INC N/A 872540109 18246 NS USD 1017032.04 0.4480930919 Long EC CORP US N 1 N N N TRACTOR SUPPLY COMPANY N/A 892356106 806 NS USD 72894.64 0.0321165738 Long EC CORP US N 1 N N N UNITED PARCEL SERVICE CL B N/A 911312106 11527 NS USD 1381165.14 0.6085261168 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC N/A 91324P102 10122 NS USD 2199713.04 0.9691692873 Long EC CORP US N 1 N N N UNUM GROUP N/A 91529Y106 31801 NS USD 945125.72 0.4164119609 Long EC CORP US N 1 N N N US BANCORP N/A 902973304 11186 NS USD 619033.24 0.2727392133 Long EC CORP US N 1 N N N US FOODS HOLDING CORP N/A 912008109 14177 NS USD 582674.7 0.2567200419 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC N/A 92343V104 102420 NS USD 6182071.2 2.7237523395 Long EC CORP US N 1 N N N VF CORP N/A 918204108 13046 NS USD 1160963.54 0.5115077222 Long EC CORP US N 1 N N N VIACOM INC CLASS B N/A 92553P201 59664 NS USD 1433725.92 0.6316838164 Long EC CORP US N 1 N N VICI PROPERTIES INC N/A 925652109 79975 NS USD 1811433.75 0.7980977175 Long RE RF US N 1 N N VISA INC CLASS A SHARES N/A 92826C839 7634 NS USD 1313124.34 0.5785480913 Long EC CORP US N 1 N N N VMWARE INC CLASS A N/A 928563402 3252 NS USD 487995.12 0.2150052639 Long EC CORP US N 1 N N N WALGREENS BOOTS ALLIANCE INC N/A 931427108 33089 NS USD 1830152.59 0.8063450318 Long EC CORP US N 1 N N N WALT DISNEY CO/THE N/A 254687106 40 NS USD 5212.8 0.0022967021 Long EC CORP US N 1 N N N WASTE MANAGEMENT INC N/A 94106L109 13039 NS USD 1499485 0.6606565412 Long EC CORP US N 1 N N N WENDY S CO/THE N/A 95058W100 2254 NS USD 45034.92 0.0198418887 Long EC CORP US N 1 N N N WESCO INTERNATIONAL INC N/A 95082P105 32951 NS USD 1574069.27 0.6935175474 Long EC CORP US N 1 N N N WESTERN UNION CO N/A 959802109 123972 NS USD 2872431.24 1.2655615014 Long EC CORP US N 1 N N N WILLIAMS SONOMA INC N/A 969904101 7543 NS USD 512773.14 0.225922186 Long EC CORP US N 1 N N WW GRAINGER INC N/A 384802104 2189 NS USD 650461.35 0.2865860917 Long EC CORP US N 1 N N N 2019-11-25 PAX WORLD FUNDS SERIES TRUST I /s/ Alicia DuBois Alicia DuBois Treasurer XXXX